A few years ago, I made about 4 million in the crypto market with the 50,000 I saved by myself. I consider myself quite 'non-mainstream' - after graduating from college, I never looked for a proper job and spent years in Kunming and Dali, not buying a house or a car, living on just 1,500 yuan a month.
Some people always ask, 'Why enter the crypto market?' I want to say: If you want to completely change the fate of ordinary people, you should really try this circle. If you can't seize opportunities in the crypto market, your life will probably just be a routine.
My initial capital of 50,000 was saved little by little during college - earning commissions as a Taobao affiliate, helping people with order brushing for profit, delivering express parcels, and even doing tasks on apps. I tried all sorts of small projects. Later, when I entered the cryptocurrency market, I thought Bitcoin was too expensive, so I focused on Ethereum - it allows for leverage and offers greater operational space; occasionally I also buy some altcoin spot. The logic is simple: choose the right currency, manage positions well, and stick to this method. When the market is bad, I might lose a little, but when the market comes, the profits will naturally go up.
Take 2024 as an example, my funds multiplied by 50 times directly. If I hadn't withdrawn money twice to buy a house, it could have been 85 times. After struggling in this circle for so long, I've tried almost 80% of the techniques and methods available in the market. Later, I will gradually share the most useful 'golden trading rules' from practice, along with 5 tried-and-true tips - if you use these well, making a stable 30% profit a month isn't difficult.
An old saying goes, 'Don't engage unless you're familiar'; this is especially true in the crypto market. Before operating in real transactions, you must thoroughly understand the fundamental operations and skills. For those who want to achieve results in the crypto market, these points must be remembered:
Tip One: Trade 'honestly'
You may think trading and 'honesty' are unrelated, but many people show off their profitable trades when they make money and hide their losses when they occur - this actually shows a lack of understanding: losses are also part of trading and just as important as profits. Being honest about every trade, accepting profits, and confronting losses is essential to truly learning from trading.
Tip Two: Trade 'by the rules'
'No rules, no boundaries' is perfectly applicable in trading. Trading has its own rules; violating them can lead to costs. For example, you can't place orders based on your mood or impulsively chase highs and lows; you need to know your ability boundaries - when to act and when to stop, that's the rule.
Tip Three: Trade 'with patience'
When you open the trading software, don't rush to operate; first look at the market trends: what are the short-term, medium-term, and long-term trends? Is there any important data released that day? Then make a plan: when to enter, where to set the stop loss, and how much profit to take before exiting. Patiently waiting for signals is 10 times more reliable than acting impulsively.
Tip Four: Trade 'with thoughtfulness'
Cultivate the habit of thinking while trading. Good trading habits are not innate; they need to be honed through countless trades. Even habits formed during simulated trading should be retained if they help with real trading; if they hinder, they must be adjusted immediately.
Tip Five: Don't be greedy for 'extreme points'
There are always people who want to 'buy at the lowest point and sell at the highest point'; this eagerness to make quick money is the most dangerous mindset, often leading to missed opportunities or being trapped. Remember: not being greedy for extreme points allows you to capture most market trends. Those who are greedy often end up grasping nothing.