At 3 AM, staring at the 90% crash K-line, I finished the last bite of my instant noodle soup — my account’s 10,000 capital was down to just 37.6. Who would have thought that three years later, I would roll my way to 1,000,000 through crypto trading? Today, I’m sharing my hard-earned lessons; those who understand may just change cars next year.
1. From 10,000 to 100,000: Don’t believe in 'insider information', trust mathematics.
When I first entered the market, I was like a headless fly, squatting in various 'master' groups every day, following their calls. The result was that after they made their calls and disappeared, I was left standing guard on the mountaintop endlessly.
The real turning point was discovering the crypto version of the 'Turtle Trading Rules':
Only trade the top 50 market cap coins; new coins have an 80% chance of failing, don’t even touch them.
Never open a position exceeding 5% of your capital; if you hit three consecutive stop-losses, take a week off.
Use the 20-day moving average as a trendline, go long above the line, and short below the line.
With just these three tricks, I turned 37.6 into 100,000 in six months. Remember: in the crypto market, staying alive is more important than anything else; surviving allows you to wait for the right opportunity.
2. From 100,000 to 500,000: Learn to let profits run.
The easiest stage to crash has arrived — when my account reached 100,000, I got carried away. Bitcoin rose from 40,000 to 60,000, I greedily increased my position, and a pullback wiped out 70% of my profits.
Later I understood the 'Dynamic Stop-Loss Method':
When profits exceed 30%, raise the stop-loss line to the cost price to ensure no losses.
Every time there’s a 20% increase, raise the take-profit line by 10%, letting profits soar a bit longer.
When a single coin’s profit reaches 50%, cut your position in half; taking profits is always the right choice.
Last year, when Ethereum rose from 2000 to 4000, this method helped me earn an extra 150,000. Remember: there are more madmen than geniuses in the crypto market, don’t think about selling at the peak.
3. From 500,000 to 1,000,000: Only anti-human actions can make money.
Many people get stuck at 500,000 and can’t move up; it’s not that their skills are lacking, it’s that they succumbed to human nature. I once increased my position when SOL rose by 300%, but the project team ran away and I lost everything — the lesson is:
Be 'timid' when making money: For coins that have gained over 100%, reduce your position by 10% each week.
Be 'cruel' during crashes: When mainstream coins drop over 50%, make three batches of fixed investments, with a 10-day interval between each.
Always keep 30% cash: Last year, when LUNA collapsed, I relied on cash to buy the dip on ETH and tripled my investment.
Now, every day after the market closes, I spend 10 minutes writing a trading diary; it’s not about how much I earned, but about what human errors I made today.
Finally, let me say something from the heart.
The crypto market is never about who can see things more clearly, but about who can last longer. Next week, I will go live to analyze three real accounts that grew from 100,000 to 10 million, discussing the three deadly traps they avoided.
Comment 'want to get on board', and I’ll send you my organized position management and trading insights, which include 28 pitfalls I’ve encountered along with corresponding solutions. Remember: real money-making opportunities are hidden in others’ losing experiences.
