I am a full-time cryptocurrency trader, born in 1986, with assets worth tens of millions. I withdraw 100,000 yuan from the cryptocurrency market every month, living a leisurely and free life without deception, simply living the life I want at my own pace.
The daily routine is:
• 6:30 Get up and run: This is non-negotiable; maintain physical and mental health.
• Morning Review Summary: Summarize yesterday's operations and market dynamics, combining with one's own positions, to engage in swing or small fund short-term operations to enhance market sense.
• 2-Hour Review Summary: This is the most important task, with the goal of being able to make good money at night!
If you plan to make trading cryptocurrencies your profession, these experiences may provide you with some insights.
1. Seek Victory While Maintaining Stability
The path of trading cryptocurrencies is not achieved overnight; profit and loss are the norm. Investment is not a transaction aimed at guaranteeing profits. When losses occur, do not be afraid; losses can be recovered. Successful individuals do not avoid losses but understand how to rise from failure.
2. Take Gradual Steps
Whether in life or investment, planning and steps are necessary. Do not rush for success; progress steadily, accumulate small victories, and ultimately you will reap great rewards.
3. Beware of Major Traps
Many people in the market follow the trend blindly; in fact, the way the main players make money is by attracting retail investors to enter the market and then quickly shorting. So when everyone is optimistic, one should be more cautious.
4. Learn to Cut Losses
Cutting losses is an important tool for self-protection; when losses occur, cut them promptly. Holding on stubbornly is always wrong. Cutting losses is the cost of trading, not a symbol of failure.
5. Seize Opportunities
In an upward trend, it is better to wait for opportunities rather than rush to short; in a downward trend, short positions are easier to profit from. Seize opportunities in the market, minimize losses, and maximize gains.
6. The Market is Unpredictable
Do not try to predict future market trends; what matters is to formulate strategies based on the current market situation. When trading, the most important thing is to adhere to the rules, rather than making blind predictions.
7. Mindset is Crucial
The investment market is a game of risk management, not a pursuit of overnight wealth. Trading cryptocurrencies is a game of mentality; learn to accept losses, stay calm, be bold when winning, and let go when losing.
8. Effective Strategies
The key to investment is having a trading strategy that suits you and strictly executing it. Discipline and capital management are more important than technique.
9. Be Strict with Oneself
Overcoming oneself is the biggest challenge. The process of trading cryptocurrencies is not only a technical competition but also a test of mentality. Establish and adhere to your own trading rules; strict self-discipline is essential for long-term survival in the market.
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Summary: In the world of investment, the most important thing is to avoid failure, rather than pursuing success every time. Sometimes patiently waiting is also a way to profit.
