The cryptocurrency world is like an exciting casino, where some become rich overnight, while others lose everything.
I spent two years growing from a frequently liquidated novice to an experienced trader with a 200 times account increase, and today I will share all these hard-earned experiences with you.
At first, I also believed that high leverage could make me rich overnight, until I was repeatedly educated by the market and realized: all high-leverage contracts will eventually be liquidated.
Now my trading discipline is: if EMA144 breaks, immediately reduce my position by half; if the USDT lending rate exceeds 30%, I must close my positions within half an hour; if I see strange orders like "444" or "666", I will immediately take the opposite action.
I have a secret method for identifying junk coins: if a team locks their coins without a third-party time lock, I pass; if smart money transfers to an exchange, it's a signal that they're running away; and if a contract has a mint function, I won't even touch it. Last year, I successfully avoided all zero-value coins by following these three rules.
Trading mindset is more important than technique. Now, every time I make a profit, I forcibly take a 4-hour break. Every month, I also specifically use 5% of my funds for a "death challenge"; it's not to make money, but to train my ability to handle losses. The most profitable operations are often the most counterintuitive, like those suddenly halved top 50 coins, which may be whales manipulating the market, but it's only worth taking the risk if three conditions are met: no large transfers on-chain, no delisted contracts on exchanges, and a panic index below 10.
Now, I only spend a few hours a day monitoring the market, yet I earn more than when I used to monitor for 18 hours. Remember, surviving longer in the cryptocurrency world is 100 times more important than making quick profits. If you really can’t understand the market, it’s better to miss out than to act recklessly; sometimes copying homework is better than doing your own erratic operations.
