After crawling through the cryptocurrency space for a full decade, I have personally experienced three bull-bear transitions, going from an initial capital of 50,000 to now achieving financial freedom.
In the 6 years of professional trading, I have experienced significant ups and downs, going from debt to financial freedom, a leap in class. I have gone through countless pitfalls, and while it is said to be a battle of bulls and bears, it is more about managing one's mindset, filled with surprises and disappointments. It is a magical circle, a captivating place, and I have summarized countless operational methods and strategies. Ultimately, there is only one way to make money: simple and brutal—buy in a bear market, sell in a bull market, and earn without loss.
Core survival rules.
Only use money you can afford to lose.
Wait for opportunities like a cheetah.
5x leverage.
It's the golden ratio.
Preserving capital is preserving hope.
Core strategy: high leverage + precise targeting + strict stop-loss.
1. Only trade BTC/ETH - high liquidity, fewer spikes, and the battlefield for large capital is your opportunity.
2. 20x leverage - turning 1000 USDT into 20,000 USDT requires just a 5% fluctuation, but remember: set a stop-loss when opening a position; the liquidation line is your bottom line.
3. Breakout follow-up method - wait for a significant horizontal breakout (over 4 hours), enter as the price breaks the previous high/low, and capture the inertia of the market.
At the core of trading in the cryptocurrency space, only through sufficient education from the market will one understand.
The core of trading is position management.
All trading activities must be conducted under appropriate position management.
Big profits at the right time.
Minimize losses when losing.
This is the guarantee of stable capital growth.
Because humans are always emotionally driven over rationality.
No matter how rational you claim your decisions are.
It must be driven by emotion.
Your direction carries your subjective assumptions.
All technical indicators will be influenced by your judgments, showing strengths and weaknesses.
We earn money in the market.
We should thank the market.
It's not that we are so powerful ourselves.
But because the market has allowed us to taste sweetness.
Everything is a matter of opportunity and discipline leading us to victory.
And the key here is position management.
Surviving longer increases the chances of winning.
This is a probability game.
It's not anyone's ATM.
The difference between speculation and gambling is the difference between discipline and instinct.
The ultimate strategy for turning 1000 USDT into 20,000 USDT: the ultimate play for small funds, three principles of position control.
Start with 200 USDT to test the waters - don't go all in right away, leave enough ammunition.
Withdraw your capital immediately after earning 300 USDT - keep playing with the market's money.
Step-by-step harvesting of profits - after earning 30%, first take 1/3 off the table, then re-enter after breaking the previous high.
(My 'Pyramid Averaging Method' can reduce the risk of liquidation by 80%)
The devil is in the details.
Strike during the golden hours: closely monitor the peak liquidity of the US market (9 PM - 12 AM).
Lock leverage at 3-5 times - no matter how tempted, do not exceed the line.
Move stop-loss by 0.5% - this is your life-saving talisman.
(Used this method last year to achieve 7 times returns on PEPE in 18 days.)
Mindset determines everything.
Account up to 3000 USDT? First withdraw 1000 USDT to secure profits! Remember: the scariest thing in a bull market is not missing out, but watching profits slip through your fingers.
Want to turn small funds around?
It's not about luck, but about this set of rolling techniques!
When others are still hesitating, you are already snowballing with profits...
99% of those eager to profit in the cryptocurrency space generally go through three stages.
The first stage is an experiential journey, often resulting in small profits followed by large losses, or the money earned is completely given back.
The second stage is solidifying beliefs, gaining small profits, summarizing experiences and lessons after encountering new things, and forming one's own rhythm.
The third stage is the moment that can truly change your fate. With strategy, timing, discipline, and perhaps some luck, you may be able to earn considerable wealth.
Those who can return home fully loaded and retire successfully at the first stage are truly rare. Most people run out of capital and cannot reach the shores of success; it is already remarkable to be able to stay at the 'table'.
In summary, during an upward cycle, everything seems wonderful; during a downward cycle, everything appears bleak.
Therefore, when information floods in like a tide, one should maintain humility and patience.
The more eager you are to act, the more losses you often incur. Strive to cultivate a good mindset, excellent discernment, and high focus on your work!
Almost 100% profitable dumb method to earn 20 million? These are the 7 iron rules I earned through blood and tears.
I finally realized - the dumbest methods often yield the most profit. Today, I'll show you my trading diary.
1. Night battle rules.
The daytime market is like a drunk dancing, with chaotic news and manipulators drawing lines. I only open the trading software after 9 PM daily; at this time, the candlestick pattern is clean, and the direction is clear.
2. Withdrawal to prevent getting carried away.
Want to earn 1000 USDT? First withdraw 300 to your bank card. I've seen too many people go from tripling their profits to zero, all because they hesitated with the words 'wait a bit longer.'
3. Three-piece set of indicators.
MACD golden cross and death cross.
RSI overbought and oversold.
Direction of the Bollinger Bands opening.
Three indicators and two resonances before taking action; this is a lesson learned with a tuition of 200,000.
4. The art of moving stop-loss.
When watching the market, move the stop-loss up by 3% every time it rises by 5%, and always set a hard stop-loss of 3% before sleeping. During last year's crash on March 12, my account remained unscathed thanks to this method.
5. Friday withdrawal day.
Every Friday, consistently withdraw 30% of profits; what's left is battlefield capital. After 8 years, the interest from withdrawals alone is enough to buy a house.
6. Candlestick time-space rules.
For short-term trading, look at the 1-hour chart: only consider after two consecutive bullish candles.
Look at the 4-hour chart during sideways movement: ambush near support levels.
Remember: the market is three-dimensional; don’t view candlestick charts with a two-dimensional perspective.
7. Four blood oaths.
❗ Leverage over 10x = suicide.
❗ Touching altcoins = giving money to manipulators.
❗ More than 3 trades a day = sign of losing control.
❗ Borrowing to trade cryptocurrencies = irretrievable downfall.
The seven ways traders die! Be vigilant in a bull market!
Cryptocurrency bubble.
Confusing countless people, making them invest without hesitation. Some even choose to quit their jobs and invest all their savings into cryptocurrency speculation, then record their trading diaries online.
It is certain that those who first participate in cryptocurrency trading often find it easy to profit, and this feeling of quick money is addictive, further inflaming their greed, hoping to earn more wealth. However, even if the cryptocurrency bubble has not burst, speculators still face significant risks of loss. Let's look at the seven most common 'death methods' for traders!
The first type: die from bottom-fishing against the market.
The drastic drop in cryptocurrency prices often becomes a litmus test for traders' greed. Some traders, excited to see the market decline, impatiently choose to bottom-fish against the trend; however, they do not realize that the so-called bottom is not the end, but a bottomless pit.
There may be more uncertainty and risks hidden below this pit, like an endless abyss. Once you fall in, bottom-fishers may find themselves trapped in an endless predicament, buying in again and again, only to get stuck.
It can be said that bottom-fishing against the market is one of the main reasons many traders incur losses. In a clearly declining market trend, some traders mistakenly believe that cryptocurrency prices have dropped low enough to attract new speculators, expecting a rebound.
However, the reality is that the more one attempts to bottom-fish, the more they end up losing until they can no longer bear it, resulting not only in the loss of prior profits but also potentially exhausting their principal.
Taking Bitcoin's volatility in 2013 as an example, it surged from a few dozen dollars to around 1000 dollars, then plummeted to over 100 dollars. This rollercoaster market led countless traders to bankruptcy.
Bottom-fishing strategies can only succeed in a market that is oscillating or recovering; at other times, such behavior is usually a shortcut to a dead end. This is exactly what we refer to as the importance of trading with the trend; correct trend-following can yield multiple successes in oscillations, while trading against the trend may lead to irreparable losses, even if done correctly countless times.
The second type: die from leveraging.
In the cryptocurrency bubble, some traders taste sweetness and yearn to increase their investments for greater profits. However, lacking extra funds, they begin considering borrowing or financing to trade cryptocurrencies, thereby increasing leverage.
Currently, the common leverage rate is 5 to 10 times, meaning traders can borrow more funds for investment with limited capital. With 5x leverage, for example, if the capital is 300,000, traders can borrow 1.2 million and then buy cryptocurrencies in full. Regardless of whether cryptocurrency prices rise or fall, profits or losses will be magnified by 5 times. Specifically, if cryptocurrency prices rise by 10%, the profit for traders will be 50%; conversely, losses will also be amplified by 5 times. This means that as soon as traders' losses reach 20% of their capital, liquidation will occur, and both the capital and borrowed funds will be wiped out.
Typically, traders do not start with high leverage but begin with smaller leverage ratios. However, repeatedly making money can gradually lead them to relax their vigilance against risks, blindly believing that cryptocurrencies will only rise and not fall, ultimately resulting in total loss. For example, from 2017 to 2018, Bitcoin continuously broke through important price levels, reaching a peak of $18,000. Many people increased their leverage during this process, hoping Bitcoin prices would further rise to $30,000.
However, Bitcoin eventually fell from $18,000 to about $10,000, with leveraged traders facing liquidation and suffering heavy losses. In short, this behavior is seeing some traders become rich overnight, then chasing short-term profits, only to bet in the wrong direction.
The third type: die from candlestick charts.
Cryptocurrency trading uses candlestick charts. Although this knowledge is derived from stock and futures markets, candlestick charts in cryptocurrency cannot be entirely applied based on experiences from those other markets. Due to various uncertainties, relying solely on charts for trading can lead to severe losses.
For example, in 2013 and 2017, the Chinese government cracked down on cryptocurrencies, leading to a drastic drop in prices; in 2017, the South Korean government also took action against cryptocurrencies, similarly causing significant price declines.
In short, cryptocurrencies cannot gain formal recognition from central banks in various countries, and lacking legal status makes them susceptible to various policy shocks. Such shocks cannot be anticipated through candlestick charts, making it difficult to avoid risks. Additionally, illegal activities such as manipulation and price rigging exist in cryptocurrency trading.
In formal stock and futures markets, such behavior is expressly prohibited and regulated. However, cryptocurrency trading is in a relatively wild era, with various demons rampant; the role of candlestick charts in this environment is relatively small, and may even become a tool for these demons to lure traders.
The fourth type: die from chasing highs and killing lows.
Due to the instability of candlestick charts and the lack of more reliable buying and selling methods, the vast majority of traders tend to adopt the strategy of chasing highs and killing lows. It is well-known that chasing highs and killing lows can yield substantial profits in the short term, but in the long run, the probability of losses is much higher.
In the stock market, the probability of long-term profitability is about 10%, even including some value investors. In the futures market, the probability of long-term profitability drops to 1%. In comparison, trading cryptocurrencies is even more challenging. Although many traders currently claim to have achieved certain gains, whether the proportion of those who can sustain profits will exceed 1‰ is highly questionable. Most traders may ultimately incur losses in the market.
Additionally, while some people realize the instability of chasing highs and killing lows and wish to hold cryptocurrencies for the long term, human nature is inherently driven by greed and fear. They feel fear for falling prices and greed for rising prices, which leads to discrepancies between actual operations and rational expectations.
Only a very few people can overcome this nature, conquering greed and fear. However, most people are trapped in a cycle of constantly repeating their mistakes, just like a goldfish with a 7-second memory, finding it difficult to truly change.
The fifth type: die from not stopping losses.
For some traders, they firmly believe that no matter how much the cryptocurrency price drops, it will eventually rebound. They stick to the belief of holding and not selling, even claiming they won't sell even if they die, remaining calm during any crash, believing that miracles always exist.
However, for some cryptocurrencies, refusing to sell even when you're losing might really lead to heavy losses. Take Zhonghua Coin as an example; it once dropped from a peak of 35 yuan to 0.5 yuan, then collapsed and was investigated for suspected pyramid schemes, leading to 260 million yuan vanishing. This can be said to be one of the most tragic ways for traders to die.
Traders easily falling into traps can be divided into two categories: one is those who are new to trading, as ignorance breeds fearlessness, unaware of the brutal nature of such deaths, leading to their funds being inexplicably exhausted; the other is seasoned traders who have been in the cryptocurrency space for a while, having experienced multiple trades and generally making some profits.
Having become accustomed to the wild swings in cryptocurrency prices, some even view crashes as opportunities and become bolder, but they fail to recognize that the variety of cryptocurrencies is vast and a careless move may lead to liquidation or collapse. Many tokens have experienced liquidations due to policy crackdowns, causing previous gains to plummet.
The sixth type: die from high-frequency trading.
Many traders are enthusiastic about high-frequency trading, frequently buying and selling, aiming to gain considerable profit from price differences. However, the end result is often a continuous loss. Why does this happen? Theoretically, if each trade earns 1%, as long as you ensure a successful trade at least once a day, the daily return rate would be 1%.
Within a year, this will yield a profit of 365% or more. If compounded, the figure is even more staggering. However, in reality, successfully trading once a day seems simple, yet the actual operation is extremely challenging.
This is because the price of cryptocurrencies is extremely volatile, making short-term trading difficult to predict accurately. High-frequency trading leads to a decrease in success rates. The reduced success rate results in more losses, and increased losses then affect traders' mindsets, leading to worse mindsets and consequently to more and larger losses, creating a vicious cycle.
For example, imagine the consequences of frequently changing lanes on a highway; almost everyone knows that such behavior will eventually lead to trouble. High-frequency trading in cryptocurrencies is similar. Additionally, high-frequency trading incurs more transaction fees, and the actual profits may not cover these fees; this is a common issue.
The seventh type: die from blindly following the crowd.
Many traders lack a deep understanding of cryptocurrencies; they just hurriedly come in after hearing they can make money. After getting involved, they often blindly worship the statements of some influencers, such as Bitcoin ultimately becoming fiat currency, the limited supply of cryptocurrencies preventing depreciation, and the future of the 21st century belonging to cryptocurrencies. This viewpoint is widespread on social media platforms like Weibo, Xueqiu, and Zhihu, forming some 'spiritual leaders' who promote trading.
Many people believe it to be true; some resign to trade cryptocurrencies, and some even sell their homes to borrow money for trading. However, the end result is that they earn no money, and their work and careers go to waste.
Taking the well-known figure from the cryptocurrency circle, Li Xiaolai, as an example, he once promoted the token EOS, helping it raise $185 million in just five days. However, EOS later announced to clarify its relationship with Li Xiaolai, denying him as a co-founder or board member, which was shocking. Many cryptocurrencies, in order to enhance their value, seek out influencers to promote them, leading traders to mistakenly believe that the cryptocurrency technology is robust, has broad prospects, and will soar. This blind faith in fabricated influencer endorsements and the so-called promising future of emerging cryptocurrencies is usually just the prelude to death.