Last year's wave of 'bloodbath' in the crypto market, I directly fell into a bottomless pit of 2 million principal, like being washed away by a flood, not even a splash left. At that time, I smashed my phone to pieces, cleaned out the trading software, blocked all market analyses and industry dynamics in my social circle, and I felt like I had 'evaporated' from the crypto circle.
For more than half a month hiding in the rented room, I stared at the ceiling every day, too lazy to even order takeout. My mind replayed the madness of rushing in with a full warehouse, and the despair of seeing my account balance hit zero. I even thought that I would never touch crypto trading again in my life. But then I thought, after five years of crawling and rolling in this circle, would I really just give up? That fighting spirit ignited again, I re-downloaded the trading software, looked at the remaining 20,000 U on the screen, gritted my teeth and vowed: if I can’t turn the tide this time with rules, I will completely withdraw from this circle!
I didn’t expect that this over 20,000U 'startup capital' would allow me to achieve a turnaround step by step. From 20,000 to 80,000, then to 120,000, and now my account has steadily reached 550,000U. Many people ask me how I did it. In fact, there is no secret, it all relies on my three rules that are ingrained in me, each of which has helped me avoid countless 'liquidation crises' in the market.
The first rule: Never put all your eggs in one basket, strictly control your position to within 40%. When I first started trading, I always thought 'full positions can make big money', but every time the market fluctuated, my account faced the risk of liquidation. Later I understood that the remaining 60% of the position is not 'idle funds', but 'rescue money' to bear risks. Like the sudden correction in March this year, many people faced liquidation due to full position operations, while I retained enough positions to not only avoid losses but also took advantage of the low to increase my holdings, earning over 30,000U in just three days. Remember, as long as you haven't been liquidated, there is always a chance for a comeback.
The second rule: Only trade 'with the trend', never go against the market. Many beginners like to 'guess tops and bottoms'; when they see prices rise, they think they will fall, and when they see prices fall, they think they will rise, resulting in being 'slapped in the face' by the market time and again. I never do that; when prices rise, I focus on those coins with strong trends, and as long as the trend is intact, I dare to follow in decisively; when prices fall, I also won't hesitate, shorting when necessary, never holding onto the fantasy of 'waiting for a rebound' while going against the trend. Like last month, when a popular coin rose for five consecutive days, I followed the trend and made 5000U in just ten minutes; this feeling of 'catching the right wave' is much more reliable than random guessing.
The third rule: Take profits when they are available, never be greedy. I used to think, 'I'll leave when I earn a bit more', but it often ended up with 'the profits being given back', and sometimes even losses. Now I set a rule for myself: I only leave 30% of the profits in my account to continue investing, and I withdraw the remaining 70% directly. Don't underestimate this; even a small amount of capital can slowly grow into a snowball by 'taking profits'. Take a friend of mine for example: every time he made money, he left it all in his account. As a result, last month, when the market fluctuated, he not only lost all his profits but also lost his principal. Meanwhile, by 'withdrawing profits', even when facing market corrections, I don't have to worry about previous profits being wiped out.
Now, I have not only made back the 2 million I previously lost but also made an additional hundred thousand U. In fact, in the cryptocurrency market, many people face liquidation not because the market is too cruel, but because they are too greedy and too impatient. Always thinking about 'getting rich overnight', the result is often 'going back to zero overnight'. It is crucial to know that making money in the crypto circle is not about luck, but about execution and self-control. Strictly adhering to the rules you set for yourself is more important than anything else.
In recent years, I have also brought many friends into trading: some turned 1100U into 26,000U in 17 days, while others who were on the brink of liquidation were brought back by me to adjust their strategies and now can steadily earn over 10,000 each month. Watching their accounts grow little by little makes me happier than making money myself.
Right now, the cryptocurrency market has shown new trends, with many coins starting to rise. In fact, this circle has never lacked opportunities; what is lacking are those who can calm down, stick to the rules, and are willing to persevere. If you have encountered difficulties in trading or want to learn more practical trading skills, feel free to follow me. I will share more specific operational strategies, such as how to determine trends, how to set profit-taking and stop-loss orders, and different position management methods under varying market conditions.
Finally, I want to ask everyone a question: What is the most memorable 'crash' experience you have had in trading? Let's discuss it in the comments, and I will select a few friends to analyze your trading strategies for free; perhaps it can help you find an opportunity for a comeback!
