From 8 million in debt to 200 million: A Wealth Revelation from a Veteran in the Crypto World
I. The Ups and Downs of Wealth
The ten-year journey of this crypto veteran can be described as a textbook reflection of market cycles:
1. First Taste of Success: Entering the bull market with 8,000 yuan, assets soared to 10 million
2. Painful Lesson: Driven by greed, not only did he give back profits but also fell into 8 million in debt
3. Counterattack: Borrowed 200,000 to make a comeback, peaked at 20 million
4. Steady Growth: Current assets surpass 200 million, next target 1 billion
II. The Truth of Trading Earned through Blood and Tears
Core Trading Principles:
1. Contrarian Strategy: Buy on the downside, sell on the upside
2. Timing Choices:
Build positions during early morning drops
Reduce positions during early morning surges
Do not chase highs in the afternoon
Buy the next day after afternoon drops
3. Sideways Strategy: Sell at high sideways consolidations, buy at low sideways consolidations making new lows
III. Four Deadly Traps
1. Emotional chasing of highs and cutting losses
2. Misuse of futures leverage
3. Financing and gambling with coins
4. Frequent short-term trading
IV. Four Broad Highways
1. Core Business: Maintain stable income sources
2. Idle Money Investment: Only use funds you can afford to lose
3. Value Investment: Position in bear markets to reap gains in bull markets
4. Never Fully Invested: Keep ample ammunition
V. "Foolproof" Profit Secrets
Probability and Odds Thinking:
Think like a casino, establish your own "advantage boundary"
Calculate before each trade: Potential Profit / Potential Loss ≥ 3:1
Only participate in trading opportunities with a win rate above 60%
Practical Case:
When Bitcoin consolidates at 30,000 dollars:
1. Observe weekly support levels
2. Set buy orders 3% above support
3. Set stop-loss 5% below support
4. Profit target at previous high 15%
VI. Advice for Investors at Different Stages
1. Beginners: Simulate before real trading, establish a trading system
2. Losers: Pause trading, review the root causes of mistakes
3. Stuck Investors: Customize a solution based on position and entry points
VII. Ultimate Advice
The market always rewards those who are patient and punishes those who are impatient.
Remember:
Making money in a bull market relies on courage
Earning coins in a bear market relies on patience
Navigating through bull and bear markets relies on discipline
If you don’t understand coins yourself, it’s recommended to follow the Master!
Whether it's fresh goods or harmonious joy! Success is not just about luck; choice may outweigh effort
#bnb一輩子 #solana