I’m 32 this year, and reflecting on myself when I first entered the cryptocurrency world in 2018, I feel quite emotional.

At that time, I only had 60,000 yuan in capital, which I borrowed. Who would have thought, seven years later, my assets would exceed seven figures.

From knowing nothing at the beginning to now relying on cryptocurrency trading for a stable income, it has been over 2,510 days. I have tried long positions, short positions, swing trades, and contracts. These seven years have been a bumpy ride, but I have also summarized a lot of real insights.

To put it simply, if you want to make money in the cryptocurrency circle, it relies not on luck but on knowledge, rhythm, and self-discipline.



1. Before making stable profits, you must endure five years.

Someone asked me: how long do I have to learn before I can make money trading cryptocurrencies?

My answer is: a minimum of five years.

Don’t think it’s exaggerated. Watching the market for 8 hours a day, more than 200 days a year, if you persist for five years, you will just barely cross the threshold of 10,000 hours, just reaching the entry line for 'stable profits'.

Along the way, you will experience the FOMO of a bull market, the despair of a bear market crash, and may even be hit by halving, liquidation, and retracement to the point of questioning life. But this is a path you must walk.

Those who have never seen a losing account are not qualified to talk about risk control.


2. Never play with capital you cannot bear to lose.

Here’s a painful truth: in the cryptocurrency circle, there are many who earn tens of millions, but very few can keep it in the end.

I've seen too many people who multiplied their investments several times with high leverage contracts, but when the last bear market came back, they all went to zero. What you don’t see is them sitting in front of the screen at night, staring blankly at the liquidation lines.

So I advise everyone: don’t invest more capital than you can psychologically bear.

Don’t fantasize about turning the tables with one heavy investment; true experts prioritize survival first, stay alive, then talk about making money.



3. The iron rule of trading cryptocurrencies: you must set stop losses.

At the end of the day, trading cryptocurrencies is not gambling; it is a game of risk management.


Those who trade contracts without setting stop losses are handing their principal to the market makers. You might recover nine times, but as long as there’s one time you don’t, you’ll be left with nothing.


Some people say: 'I think it can come back', 'Just hang in there a bit longer.'


Please, the market won’t move according to what you 'think'. Setting a stop loss is the least respect you owe to your account.



4. Once the mindset collapses, no technique matters.

In the cryptocurrency circle, two types of people are most likely to blow up: one is eager to recover losses after continuous losses, and the other is a big winner who gets cocky.

I have seen too many cases where someone was soaring one day and zero the next. It’s not that the skills are lacking, but that the mindset collapsed.

Losing money is not scary; what’s scary is chaotic operations. You must learn to calm down after a loss, take a break, close trades, and adjust your state instead of seeking revenge emotionally.

There are opportunities every day in the market; don’t rush to 'get it back'.


5. The market never shows mercy; it only deals in probabilities.

You think it will rise, it must fall; you think the market makers are luring in buyers, and it truly rallies.

The biggest problem in this market is 'I thought'. Too many people project their emotions onto the market, making subjective judgments, only to be slapped in the face time and time again.

Trading cryptocurrencies is not about who is smarter, but about who admits their mistakes quicker and adjusts in time.

Once you realize you are wrong, admit it immediately, stop loss immediately, and change your mindset immediately.


In the end, here are a few heartfelt words for you:

Never go all in, even if you are bursting with confidence; always leave yourself an exit.

Every position must have a stop loss; contracts without stop losses are not trading, they are gambling.

Don’t trade when your emotions are unstable; don’t touch any opportunity, no matter how good.

Say less 'I think', and pay more attention to how the market moves.

On the path of trading cryptocurrencies, there are plenty of people who can make quick money, but those who can keep earning are scarce.

If you still can't find direction, why not follow Brother Ming closely and use your knowledge and skills to earn money in the market.