From 200,000 to 1,000,000: Survival Rules for Old Dogs in the Crypto Circle
In the past, I thought getting rich required hard work, but later I realized — the ones who really make money are waiting for the market to make mistakes.
1. Trade like a cheetah, not like a mad dog
The market is in a trash state 90% of the time; there are only a few opportunities worth taking in a year.
With a capital of 200,000, capturing two 30% increases can roll it up to 310,000.
Key point: Only buy the dip when BTC breaches key support (like $30,000), and never chase highs as a bag holder.
2. Survive first, then discuss making money
90% of those who get liquidated have never even touched a demo account.
Strategy: Practice for 3 months using Binance's 'Isolated Margin Mode', wait until your hands stop shaking, then go to live trading.
Truth: Newbies die from all-in betting, veterans die from leverage; only those who survive can benefit from a bull market.
3. Always keep three bullets
Wrong example: Full position in LUNA, only able to stare blankly during a crash.
Correct method: Split 200,000 into 4 parts — 50,000 as base, 50,000 to average down at 10% drop, 50,000 to buy at 20% drop, and keep the last 50,000 for survival.
Additional golden rules (earned through blood and tears)
Good news = trap: When news comes out, sell immediately if it opens 3% higher, don’t wait for the big players to dump.
Festivals must drop: Reduce your position to 30% 5 days before the Spring Festival/ National Day to avoid being washed out.
Cut losses quickly: Still holding after a 15% loss? The difficulty of returning to break-even doubles.
Ultimate strategy: Simplicity leads to wealth
MACD golden cross + breakthrough at support level + strict position management, these three tricks are enough for you to use for ten years.
Complex indicators? Those are what losing traders use to comfort themselves.
Now, do you want to continue being a 'diligent leek', or learn to harvest the market with patience?
