Don't be skeptical, three years ago I was still struggling with whether to add 'pearls' or not. After all, back then I had just enough startup capital to buy 3 months' worth of bubble tea (about 3k dollars) and jumped into the market, my mind full of 'following the experts to make quick money', only to almost lose my underwear. Looking back now, what helped me climb from 1200 dollars to 600,000 dollars was never some 'insider information', but rather the 'solitary mindset' that I cultivated.
First, let me talk about the 'novice traps' I fell into: don't take others' words as your trading guide.
When I first entered the market, I was just a pure 'novice'— I couldn't even tell the difference between the MA moving average and the MACD, yet I spent every day in those communities shouting 'get on board for a double'. Someone said 'Bitcoin is going to 40,000, go all in', and I immediately followed suit with my entire position; the next day someone shouted 'hurry and cut losses, it's about to break down', and when I was cutting my losses, the sweat in my palms could wet my phone.
In less than three months, 3,000 dollars was down to just over 1,200. One night, I flipped through trading records until dawn, looking at those illogical operations, and suddenly slapped myself: others earn 'cognitive money', while I lose 'water in the brain money'—clearly I don't understand anything but am too lazy to learn, always thinking of relying on others to lead me; isn’t that just giving away money?
After that day, I did two things: first, I withdrew from all signal groups and uninstalled the market software full of 'expert predictions', replacing it with a pure chart version; second, I took screenshots of the trends of mainstream cryptocurrencies over the past 5 years, posting them quarterly on the walls of my study, circling key points like a detective investigating a case—what signals were there before this big bearish line? Why could this rebound hold steady? I stayed up watching the market until 4 AM, and when tired, I would rest my head on the desk for half an hour, then dissect the previous day's trends into 15-minute segments for review, filling up 4 notebooks and drawing over 200 charts.
Here comes the useful stuff: 3 practical methods that can help you 'lose less and earn more', even beginners can learn.
Many people ask me if there are surefire techniques in the cryptocurrency space, I honestly say: no. But there are 3 'counter-intuitive' operations that can help you avoid 80% of the pitfalls, which is also the core of my climb from 1,200 dollars.
Doing 'diligent work' in reviewing: don't just watch the K-line jump, but dig through the underlying logic. I spend 2 hours every day making a 'mistake notebook': for example, if I lost today, was it 'greed holding the position' or 'fear cutting losses'? If I earned, was it 'catching the trend' or 'luck'? For instance, there was a time last year I caught a rebound of a certain stock, saw a 'double bottom signal' on the 4-hour chart in advance, and found an entry point on the 15-minute chart, ultimately making 8,000 dollars—it's not that I'm amazing, but during the review, I thoroughly understood the characteristics of the 'double bottom pattern', so I was able to take action next time it appeared.
Writing a 'self-rescue manual': engrave discipline into your bones, don't 'fall in love' with the market. When my account rose from 1,200 dollars to 10,000 dollars, I didn't celebrate; instead, I spent an afternoon writing a (retail investor self-rescue manual), with three core points: ① Never let a single cryptocurrency position exceed 20%, don’t put all your eggs in one basket; ② Set the stop-loss line strictly at 5%, run when it hits, even if it goes up later, don’t regret; ③ When profits reach 30%, take half off the table, turning 'floating profits' into 'real profits'—later when the market reversed, it was these three points that helped me preserve most of my capital.
When the market reverses: don't rush to 'cut losses', first find out 'where the problem is'. Last spring, the market was like a roller coaster, my account dropped from 200,000 dollars directly to 80,000. Friends advised me every day to 'run away for safety', I sat on the balcony with a cold coffee, cigarette butts piled up like a small mountain. But I wasn't panicking; I stayed up all night going through nearly a month of trading records, realizing that I was too reliant on past experiences and neglected the changes in macro policies.
The next day I adjusted my strategy: I divided the 80,000 dollars into three parts, replenishing positions in batches at key support levels, trading only 1-2 times a day, and strictly executing stop-losses. Two months later, when the account returned to 200,000 dollars, I didn't cry; I just called my mom and said, 'you don’t need to send me snacks recently'—it wasn't that I didn't want to celebrate, I just knew that in this business, 'stability' is more important than 'excitement'.
Now I: 600,000 dollars didn’t buy a luxury car, but instead learned to be 'cautious'.
Now my account is stable at 600,000 dollars; I didn't buy a luxury car or change to a big house, but instead split the profits into 'three brothers':
The eldest brother (40%) continues to 'work' in the market doing compound interest, focusing on a 'slowly but surely' approach.
The second brother (30%) bought some stable traditional assets as a 'bodyguard', such as gold and US Treasury bonds, to prevent being left with no way out if the market collapses;
The third brother (30%) saved in fixed deposits as 'emergency rations'—after all, I've seen too many people lose back the money they earned by luck due to 'blind operations', and I don't want to be a 'flashy rich guy'.
In fact, the most interesting part of the cryptocurrency space is: it doesn't matter how smart you are, it matters whether you can 'control yourself'. Those late nights when others are binge-watching shows or gaming, you’re zooming in on the details of the K-line; those moments when everyone is following the trends, you’re gritting your teeth and not entering the market—these lonely moments are your strongest 'support'.
If you're still struggling in the cryptocurrency space, don't think being lonely is a bad thing. I will share 'reviewing practical tips' and 'risk avoidance guides' every week, such as 'how to identify support levels without stepping on mines' and 'which cryptocurrencies beginners should practice with'. Follow me, and when the next market arrives, we will be 'sober earners' together, not 'following retail investors'. After all, in making money, it's better to be a bit slower and steadier to go further.
