But what truly determines fate is not market fluctuations, but which stage you are in.
From 10,000 to 10 million, I have grasped these 4 stages.
1. Novice Phase: Staying up late watching the market, heart racing.
When first entering the market, every fluctuation is nerve-wracking. Prices drop after buying and rise after selling, waking up in the middle of the night to check the market. The scariest thing is a flash crash at dawn, torn between 'cutting losses or holding on', only to find oneself collapsed before dawn after a night's sleep.
Truth: 90% of novices fail due to loss of emotional control.
2. Intermediate Phase: Learning to wait, crucial decisive actions.
After suffering a few losses, I finally understand: not every fluctuation is worth chasing. I start to pay attention to the bigger trends, such as Federal Reserve policies and Bitcoin halving, but still stay up for key market movements.
Breakthrough Point: Transitioning from 'frequent trading' to 'precise targeting' is the first step to profitability.
3. Advanced Phase: Calmly sleeping while the system makes money.
Veteran traders have long established trading systems, set stop-loss and take-profit levels, and do not rely on watching the market to make money. Even if the market crashes by 20% in the middle of the night, they can sleep soundly because everything is within plan.
Core: Trading is not about physical strength, but about strategy.
4. Despair Phase: Deeply trapped and facing liquidation, insomnia and depression.
High leverage liquidation, altcoins going to zero... lying in bed scrolling Twitter, fantasizing about finding a 'turnaround opportunity', but sinking deeper.
Warning: If you are in this phase, stop; there may still be hope.
What do you think is the most critical step from 10,000 to 10 million?
Follow me to discuss together.
Continued focus: AIXBT JUP DEGO.
