These are some insights from a friend of mine in the cryptocurrency space who made tens of millions over the past decade! My friend is now financially free, and there's a lot of valuable content here!!

In the crypto world, wanting to make money in the long run relies not on luck, but on systematic strategies, strict discipline, and good execution. Below, I share some trading strategies that have proven effective in practice, along with the bottom line principles I set for myself, hoping they will be helpful for you.

Capital Management Strategy: Controlling Risk is Paramount

1. Never go All in, always leave room

The fundamental reason many people lose in trading is not because they bought the wrong asset, but because their positions are too heavy, resulting in no chance to recover once the market turns against them.

* Control your position size for each trade; do not heavily bet on a single cryptocurrency.

* Allocate funds reasonably, for example, 60% in long-term spot holdings, 30% in short-term trading, and 10% in cash waiting for opportunities.

* Always keep some bullets; when the market presents an opportunity, you need to have money to buy the dip.

2. Limit maximum losses to 10%-20%

"You cannot be right every time, but you must ensure that when you are wrong, the losses are manageable."

I set stop-loss points for every trade, usually no more than 10%-20%.

* If I incur a loss of 10% after buying, I will directly stop-loss to avoid being deeply trapped.

* If the market is favorable, I will gradually increase my position, but no more than 50% of the original position to avoid overexposing myself to risk.

Most people lose money in the crypto space not because they lost 10% on a single trade, but because they held on and lost -90%.

Final words:

Trading cryptocurrencies is not gambling; treat it like a profession, clock in and out on time, and shut down at the end of the day to enjoy life. You will find that - profitability becomes more stable.

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