After ten years of struggles in the crypto world, I have experienced three bull-bear transitions, from an initial capital of 50,000 to achieving financial freedom today.
During my six years of professional cryptocurrency trading, I have experienced great ups and downs, from debt to my current financial freedom, a leap in class. I have made money, lost money, traded meme coins, ICOs, mined, and encountered countless pitfalls. It is often said to be a game of long and short, but it feels more like managing one’s mindset, filled with surprises and disappointments - a magical circle, a place full of charm. I have summarized countless methods and strategies, and ultimately, there is only one way to make money: that is simple, brutal, buy in bear markets, sell in bull markets, and make guaranteed profits.
Core Survival Rule
Only use money you can afford to lose.
Wait for the opportunity like a cheetah.
5x leverage is the golden ratio.
Preserving principal is preserving hope.
Core strategy: high leverage + precise targeting + strict stop-loss.
1. Only trade BTC/ETH - high liquidity, fewer spikes, a battlefield for large funds is your opportunity.
2. 20x leverage - turning 1000 USDT into 20,000 USDT with just one 5% fluctuation, but remember: set a stop-loss as soon as you open a position; the liquidation line is your baseline.
3. Breakthrough Follow-up Method - wait for major horizontal breakouts (over 4 hours), and enter as the price breaks previous highs/lows to capture momentum.
In cryptocurrency trading, only those who have been sufficiently educated by the market will understand.
The core of trading is position management:
All trading activities must be conducted within appropriate position management.
Profiting big when it’s the right time.
Small losses when losing
This is the guarantee of stable capital growth.
Because people are always emotionally driven rather than rational
No matter how rational you claim your decisions are.
It must be driven by emotions
Your direction carries your subjective assumptions
All technical indicators will also reflect a strong or weak bias based on your judgment.
We earn money in the market
We should thank the market
It’s not because we are so powerful.
But because the market has made us taste the sweetness.
Everything is a matter of opportunity and discipline that leads us to victory.
The key here is position management.
Living longer increases your 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 animal instinct.
The violent rolling technique of turning 1000 USDT into 20,000 USDT: the ultimate method for small funds to rise again, with three principles of position control.
Initial position of 200 USDT to test the waters - don’t go all in at once, leave enough bullets.
Withdraw the principal immediately after earning 300 USDT - use market money to continue playing.
Step-by-step profit harvesting - earn 30% then take 1/3 off the table, break through previous highs before striking back.
(My 'Pyramid Positioning Method' can reduce the risk of liquidation by 80%)
The devil is in the details.
Golden trading hours: Focus on high liquidity peaks in the U.S. market (9 PM - 12 AM)
Lock leverage at 3-5 times - no matter how tempted, do not cross the line.
Moving stop-loss by 0.5% - this is your lifeline
(Last year, this method yielded 7 times profit in 18 days on PEPE)
Mindset determines everything.
Account up to 3000 USDT? Withdraw 1000 USDT first to secure your profits! Remember:
The scariest thing in a bull market is not missing out, but watching profits slip through your fingers.
Want to turn around with small funds?
It’s not about luck, but about this set of rolling techniques!
While others hesitate, you are already snowballing with profits...
99% of those who wish to profit in the crypto space usually go through three phases.
The first phase is the experience journey, often resulting in small gains followed by large losses, or profits that are completely lost.
The second phase is to solidify beliefs, gain small rewards, summarize experiences after encountering new things, and form a rhythm that belongs to oneself.
The third phase is the moment that can truly change your fate, relying on strategy, timing, discipline, and perhaps a bit of luck, you may earn substantial wealth.
Those who can return with full loads and retire successfully in the first phase are truly rare; more people exhaust their capital and cannot reach the shores of success, and it’s already remarkable to persist at the 'poker table.'
In summary, everything seems great during an upcycle; everything seems terrible during a downcycle.
Therefore, when information floods in like a tide, one should remain humble and cautious.
The more eager you are to act, the more losses you often incur. Strive to cultivate a good mindset, excellent discernment, and a high level of focus!
A foolproof method that can almost guarantee a profit of 20 million? These are the seven iron rules I paid for with blood and tears.
I finally realized - the simplest methods often earn the most. Today, I’ll show you my trading journal:
1. Night Trading Rules
Daytime market movements are like a drunken man dancing, with chaotic news and market manipulators drawing lines. I only open my trading software after 9 PM each day, when the candlestick movements are clear, and the direction is apparent.
2. Withdraw to prevent overexcitement.
Earn 1000 USDT? Withdraw 300 to your bank card first. I have seen too many people go from tripling their money to zero, just because they said 'just wait a bit longer.'
3. Triple Indicator Set
MACD Golden Cross and Death Cross
RSI Overbought and Oversold
Direction of the Bollinger Bands
Only when two out of three indicators resonate do I take action; this lesson cost me 200,000.
4. The Art of Moving Stop-Loss
When monitoring the market, move the stop-loss up by 3% for every 5% increase, and always set a hard stop-loss of 3% before sleeping. I avoided losses during last year's crash on March 12 thanks to this strategy.
5. Withdrawal Day on Friday
Every Friday, withdraw 30% of profits without fail; the rest is battlefield capital. After 8 years, just the interest from withdrawals is enough to buy a house.
6. Candlestick Time and Space Rules.
Short-term view 1 hour: only consider after two consecutive bullish candles.
Horizontal market view for 4 hours: lurking near support levels.
Remember: The market is three-dimensional, don’t view candlesticks with a two-dimensional perspective.
7. Four Blood Oaths
❗ Leverage over 10 times = suicide.
❗ Touching altcoins = giving money to market manipulators.
❗ More than 3 trades in a day = signs of losing control
❗ Borrowing money to trade cryptocurrencies = a path of no return
Seven ways to die in cryptocurrency trading! Bull markets must be vigilant!
The cryptocurrency bubble has deceived countless people, leading them to invest without hesitation. Some even choose to quit their jobs, investing their entire wealth in the cryptocurrency wave, then recording their trading diaries online.
It is certain that those who start trading cryptocurrencies often make profits easily, and this quick money-making feeling becomes addictive, further igniting their greed for more wealth. However, even if the cryptocurrency bubble does not burst, speculators face enormous risks of loss. Next, let’s look at the seven most common 'ways to die' in cryptocurrency trading!
The first type: dying from bottom-fishing against the trend.
The sharp decline in cryptocurrency prices often becomes a litmus test for traders' greed. Some traders eagerly see the market drop and impatiently choose to bottom-fish against the trend, yet they do not realize that the so-called bottom is not the end but a bottomless pit.
This pit may hide more uncertainties and risks beneath, like a bottomless abyss. Once you fall into it, bottom-fishers may find themselves in endless dilemmas, buying in repeatedly and getting trapped time and again.
It can be said that bottom-fishing against the trend is one of the main reasons many traders incur losses. During a clearly declining market trend, some traders mistakenly believe that the price of virtual currencies has dropped low enough to attract new speculators, thus expecting a rebound.
However, the reality is that the more you try to bottom-fish, the more losses you incur until you are overwhelmed, not only losing previous profits but also possibly exhausting the principal.
Taking Bitcoin's fluctuations in 2013 as an example, it skyrocketed from tens of dollars to about 1000 dollars, then plummeted to over 100 dollars. This roller-coaster market caused countless traders to go bankrupt.
This bottom-fishing strategy may only succeed in a volatile or upward-retracting market, while at other times, such behavior is usually a shortcut to failure. This is precisely why we emphasize the importance of trading with the trend; correct trend-following can lead to multiple successes during volatility, while trading against the trend, even if correct numerous times, can result in irreparable losses after just one mistake.
The second type: dying from leverage
In the cryptocurrency bubble, some traders tasted sweet rewards and yearned to invest more for greater profits. However, lacking extra funds, they began to consider borrowing money or financing their trades, thus increasing leverage.
Currently, the common leverage ratio is 5-10 times, meaning traders can borrow more funds to invest with limited capital. For example, with 5x leverage, if the principal is 300,000, traders can borrow 1,200,000 and then buy cryptocurrencies with all their capital. Regardless of whether the cryptocurrency price rises or falls, profits or losses will be magnified by 5 times. Specifically, if the price rises by 10%, the trader's profit is 50%; conversely, losses will also be magnified by 5 times. This means that if the trader's losses reach 20% of the principal, liquidation will occur, and both the principal and borrowed funds will be wiped out. Generally, traders do not start with high leverage, but repeatedly making money gradually relaxes their vigilance toward risk, leading them to blindly believe that cryptocurrencies will only rise and not fall, ultimately resulting in total loss. Taking 2017 to 2018 as an example, Bitcoin continuously broke important price levels, reaching a high of 18,000 USD, and many people increased their leverage during this process, hoping the Bitcoin price would further rise to 30,000 USD.
However, Bitcoin eventually fell from 18,000 USD to around 10,000 USD, and leveraged traders faced liquidation, suffering painful losses. In short, this behavior is seeing some traders become overnight millionaires and then chasing short-term profits, only to bet in the wrong direction.
The third type: dying from candlestick charts.
Cryptocurrency trading uses candlestick charts. While this knowledge originates from the stock and futures markets, the candlestick charts for cryptocurrencies cannot be completely applied based on stock and futures experiences. The various uncertainties mean that relying solely on charts for trading can lead to significant losses.
For example, in 2013 and 2017, the Chinese government cracked down on virtual currencies, resulting in a sharp decline in prices; similarly, in 2017, the South Korean government took action to crack down on virtual currencies, triggering a significant price drop.
In short, virtual currencies cannot obtain formal recognition from central banks in various countries, and lack of legal status makes them vulnerable to various policy impacts. This impact cannot be predicted in advance through candlestick charts, making it difficult to avoid risks. Additionally, illegal activities such as price manipulation and market rigging exist in cryptocurrency trading.
In regulated stock and futures markets, such behavior is explicitly prohibited and monitored. However, cryptocurrency trading exists in a relatively wild era, with various evils rampant; the role of candlestick charts in this environment is relatively small and may even become a tool for evildoers to bait traders.
The fourth type: dying from chasing highs and selling lows.
Due to the instability of candlestick charts and the lack of other more reliable buying and selling methods, the vast majority of traders tend to adopt the strategy of chasing highs and selling lows. It is well-known that chasing highs and selling lows might yield rich profits in the short term, but in the long run, the likelihood of losses is greater.
In the stock market, the probability of long-term profitability is about 10%, which even includes some value investors. In the futures market, the probability drops to 1%. In comparison, trading virtual currencies is even harder. Although many traders currently claim to have made certain profits, whether the proportion of those who can sustain profitability exceeds 0.1% is a significant question, and most traders may ultimately incur losses in the market.
Additionally, while some people realize the instability of chasing highs and selling lows and wish to hold onto virtual currencies for the long term, human nature is inherently greedy and fearful. Feeling fear towards falling prices and greed towards rising prices leads to a discrepancy between actual operations and rational assumptions.
Only a very few can overcome this nature and conquer greed and fear. However, most people continuously repeat their mistakes in a cycle, just like a goldfish’s seven-second memory, making it difficult to truly change.
The fifth type: dying from not stopping losses.
For some cryptocurrency traders, they firmly believe that regardless of how much the price of virtual currencies crashes, it will eventually rebound. They hold onto their belief to never sell, claiming they would rather die than sell, remaining calm during any crash, convinced that miracles always exist.
However, for certain cryptocurrencies, refusing to sell even when losses occur can truly lead to heavy losses. Taking Zhenhua Coin as an example, it once dropped from a high of 35 yuan to 0.5 yuan, then collapsed and was investigated for suspected pyramid schemes, with 260 million yuan in funds evaporating. This is arguably one of the most brutal ways to die for traders.
Vulnerable traders mainly fall into two categories: one is newcomers who, due to ignorance, are unaware of the brutal nature of this death, leading to their funds being inexplicably depleted; the other is veterans who have been in the trading circle for some time, experiencing multiple trades and generally achieving some profits.
Having become accustomed to the wild fluctuations of cryptocurrencies, I even view crashes as opportunities. My courage grows, but I am unaware that there are many types of cryptocurrencies, and a careless mistake can lead to liquidation or collapse. Many tokens have experienced liquidation due to policy crackdowns, and previous gains can vanish in an instant.
The sixth type: dying from high-frequency trading
Many traders are keen on high-frequency trading, frequently buying and selling, pursuing substantial profits from price differences. However, the end result is often continuous losses. Why does this happen? Theoretically, if you earn 1% on each trade and ensure you successfully make one trade each day, your daily return rate would be 1%.
In one year, this can bring a profit of 365% or even more. If compounded, this number is astonishing. However, in reality, achieving this goal of successful trading once a day seems simple, but actual execution is an extremely difficult task.
This is because the price fluctuations of cryptocurrencies are immense, making accurate predictions for short-term trading very difficult. High-frequency trading leads to a decrease in success rates. The decrease in success rates then leads to more losses, and increased losses affect traders' mindsets; a deteriorating mindset further leads to more and larger losses, forming 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. The principle of high-frequency trading in cryptocurrencies is similar. Moreover, high-frequency trading incurs additional transaction fees, and the actual profits may not cover these fees, which is a common issue.
The seventh type: dying from blindly following trends.
Many traders lack a deep understanding of virtual currencies; they just heard that money can be made and rushed in. After engaging, they often blindly worship the statements of some influencers, such as Bitcoin eventually becoming fiat currency, that the supply of virtual currencies is limited and won’t depreciate, and that the future belongs to virtual currencies in the 21st century. These views are widespread on social media platforms like Sina Weibo, Xueqiu, and Zhihu, forming some 'spiritual leaders' who advocate for cryptocurrency trading.
Many people believe in it; some quit their jobs to trade cryptocurrencies, while others even sell their homes and borrow money to trade. However, the end result is that they earn no money, and their jobs and careers go to waste.
Taking the famous figure in the cryptocurrency circle, Li Xiaolai, as an example, he once promoted the token EOS, helping it raise 185 million USD in just five days. However, EOS later issued an announcement clarifying its relationship with Li Xiaolai, denying that he was a co-founder or director of the project, which was shocking. Many cryptocurrencies seek to enhance their own value by inviting prominent figures, leading traders to mistakenly believe that the technology of the cryptocurrency is solid, has broad prospects, and will experience explosive growth. Blind faith in the fictional endorsements of prominent figures and the supposed bright future of emerging cryptocurrencies is often merely a prelude to death.
Strong recovery, assets doubled! Stay ahead in rainy weather, plan ahead, and easily reap huge profits.
Continuously follow: CROSS AVAAI