Don't follow the cool mat; his high-frequency, high-leverage, all-in gambling style is something 99% of people cannot imitate. You might make small profits ten times, but once you lose, everything goes down the drain. So, how can an ordinary person turn 50,000 into 500,000?
1. Abandon the 'gambler's mentality'; steady and solid progress is key. Liang Xi trades thousands of times a week; can you do that? Frequent trading will only lead you to constantly cut losses in a volatile market and eventually get wiped out by a one-sided trend. True winners only seize certain opportunities, rather than relying on luck to gamble.
2. Take profits and cut losses; this is your 'lifeline'. How many people made some money but didn't run, only to end up giving back all their profits or even blowing up their accounts? If you don’t have time to monitor the market, you must set stop losses. When a one-sided trend comes, a sudden rise or fall of thousands of points could bankrupt you within minutes.
3. Position management determines your survival. Never go all in; enter with 10%-20% of your capital to increase your margin for error. Even if you make a wrong call, you'll have room for recovery. Don’t over-leverage; 10-30 times is sufficient. High leverage is 'deadly poison'; no matter how sweet the gains, one mistake can wipe you out completely.
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4. Learn to 'wait'; strike with precision. There are plenty of opportunities in the cryptocurrency space, but you don’t have to participate in every fluctuation. Patiently wait for those high-probability opportunities, and when you act, ensure you have over 80% odds of winning. Randomly trading is just giving away money; being steady, precise, and ruthless is how to make money. Getting rich in the cryptocurrency world is not a dream, but using the wrong methods will only lead to a nightmare.