I, Xiaobai, just started trading cryptocurrencies and made about 3.5 million, with a capital of 30,000. I have never worked since graduating from university, and have just been playing in Changsha, not buying a house or a car. In the happy city of Changsha, spending 10,000 a month is really nice.
Why enter the circle?
1. Relying on my personal ability to change the situation of asking my family for money; the 30,000 capital was given by my parents, and the crypto world is one of the shortcuts for ordinary people to succeed.
2. I started by playing ETH and later switched to altcoin spot trading. Choose coins and manage positions well. I consistently executed a simple strategy; when the market was bad, I took small losses, and when the market turned, I made substantial profits.
💰Rolling positions do not equal all-in:
Laddered position building: the initial position is 10% for trial and error, and then use 10% of the profits to increase the position. With a capital of 30,000, the initial position is 3,000 (10x leverage), and for every 10% profit, I add 300 to the position. When BTC rises from 75,000 to 82,500, the total position only increases by 10%, but the safety margin increases by 30%.
Three-tier profit-taking method #加密市场反弹
① Close 1/3 at 20% profit ② Close another 1/3 at 50% profit ③ Move stop-loss for the remaining position (exit when breaking the 5-day line) #Canada launches Solana ETF
Five, the mathematical expression of the essence of trading
Expected profit = (win rate × average profit) - (loss rate × average loss) #币安Alpha上新
When setting a 2% stop-loss and a 20% profit target, only a 34% win rate is needed to achieve positive returns. Professional traders achieve an annualized return of over 400% through strict stop-losses (average loss of 1.5%) and trend capturing (average profit of 15%) #Strategy增持比特币
The essence of the market is a probability game; smart traders take a 2% risk to seize trend dividends. Remember: control your losses, and profits will naturally follow.