Family, who understands! Seeing the posts about 'tripling your money in three days' makes me itch, and when I see 'insider information', I want to put all my savings in? As an old analyst who has been struggling in the crypto market for 8 years, I have to say something harsh today: those shouting 'get rich overnight' are either professionals sharpening their scythes to harvest unsuspecting investors, or they are about to be harvested 'naive investors'! I grew from 2,000 basic units to 1 million basic units without relying on any insider news, nor have I gambled on black swans; I have relied solely on a 'steady' approach. This article can help you avoid 80% of liquidation pitfalls. If you still rush in after reading, then I have wasted 8 years of my life!
Beginner phase: Use 'small change to experiment' to develop the 'caution' ability, don’t be a reckless rookie.
When I first entered the market, I held only 2,000 basic units, which was even less than the starting capital of many newcomers. But I didn’t make the foolish mistake of chasing 'quick money', instead, I split this amount into 5 parts, using only 400 basic units each time to build positions, and every operation was tied with a 'stop-loss and take-profit mantra'.
We’ve seen too many ridiculous newcomers who dare to go all in with 5,000 basic units, thinking they are the Buffett of the crypto world after a 2% rise, and panicking like headless flies after a 3% drop. They either hold on until their account is wiped out or chase the market up and down, repeatedly getting harvested, a classic case of 'wealth is sought in danger, and once sought, nothing remains.'
During that period, I didn’t focus on 'how much to earn', but practiced 'not doing something stupid'—I could sit tight even when I didn’t understand a trend, even if next door Mr. Wang was making a fortune; once it hit the stop-loss line, I swiftly exited, never holding onto the fantasy of 'just wait a bit longer for a rebound' and engaging in self-PUA. Honestly, the core of the beginner phase isn’t about making profits, but ingraining a respect for risk into your DNA; this is more effective than making ten small profits!
Growth phase: Diversify positions and accumulate 'mid-stage profits'; greed will make you lose all profits.
Once my account gradually rolled to 50,000 basic units, I considered I had endured to the growth phase. At this point, my positions can be moderately relaxed, but I strictly adhere to one rule: the single-position ratio must never exceed 25%, and I will never engage in 'all-in' suicidal operations.
When facing a favorable market, I don’t rush to go all in; instead, I gradually increase my position in 3-4 batches: add 10% the first time, confirm the trend is stable and then add 8%, and when it reaches key support levels, add 7%. This approach has two benefits: one is to avoid getting stuck in a position right after adding, and the other is to securely capture the core profits during the mid-stage of the trend.
Some people always think 'only full positions can make the most profit', but the volatility of the crypto market is more thrilling than roller coasters. Full positions either lead to huge profits or liquidation; in the long run, the latter has an absurdly high probability. I’ve seen too many people catch a good trend, only to lose all profits due to greed when the market slightly pulls back, even incurring losses—it's a classic case of 'the duck you had in hand flew away'. Isn’t that frustrating?
Mature phase: Regularly take profits and pocket the money, unrealized gains are just 'flowers in the mirror'.
After my account broke through 200,000 basic units, I developed a habit that got me laughed at for being 'timid': I must withdraw a portion of profits to a safe account every week. It’s not that I’m cowardly, but I’ve seen too many cautionary tales of 'getting high after making quick money'. Some people grew from 100,000 basic units to 500,000, thinking they were the chosen ones, started making reckless trades and playing with high leverage, and within a month, they lost everything, a classic case of 'going back to where they came from'.
After staying in the crypto market for a long time, you understand that unrealized gains are just flowers in the mirror and the moon in the water; only realized profits are real money. Every time I withdraw profits, I tell myself, 'this part is profit, the remaining principal can be played with', which actually stabilizes my mindset and makes my operations more rational.
Last week, a fan who followed my teachings reported good news, growing from 1,000 basic units to 15,000 basic units. After withdrawing, they specifically messaged me saying, 'I finally understand what you mean by “steady is more important than fast”', and that sense of achievement is even more joyful than making money myself!
