As a full-time crypto trader, I always remember these iron rules of the crypto world, worth reading 100 times, and must be remembered!
I have been trading cryptocurrencies for 10 years now. In the first 3 years, I entered the market with a capital of 1 million, losing down to 120,000. Friends and relatives all advised me to give up, thinking that my method of trading was the most foolish, neglecting my family, and lacking ambition, and so on!
I have been scolded with the harshest words! At that time, I really almost gave up and looked down on myself!
But I was unwilling to give up and vowed to my husband to give myself one last chance with the remaining 120,000! Then I continued to calm down and explore; later, I turned the remaining 120,000 capital into over 27.5 million in 3 years!
Don’t boast! Once you truly summarize a method that belongs to you, and follow it strictly, you can definitely turn things around!
Having experienced more than two bull markets, I sincerely have a few insights, all gained from stepping into pitfalls and causing myself considerable losses!
First, don't always think about making waves.
At this stage, the market is in the mid to late stage of a bull market, plus there are benefits like interest rate cuts, so when it rises, it can turn on a dime. Adjustments often mean taking a breather after a long rise, but many people think about bottom-fishing and top-selling, and constantly flip-flopping ends up missing the main upward wave.
Especially in a bull market where the rise can sometimes be a straight line on a 5-minute candlestick; if you react a bit slowly, you'll be left behind.
If you really want to make waves, it's not impossible—just choose the timing when breaking through significant round numbers or historical resistance levels, make small trades, and absolutely don't be greedy.
Second, don't try to guess the top.
In the later stages of a bull market, especially when there are significant positive news, trying to guess the top is simply asking for trouble. When the market is supposed to force a short squeeze, you look at various indicators diverging, thinking it should pull back, but it just doesn’t drop. By the time you wait and wait, the gains have already flown away.
The real peak is actually very clearly signaled; when the time comes, you will have plenty of opportunities to sell without guessing in advance.
This point is for those with positions—if you have no position, don’t chase too high; if you want to participate, use a small position to feel the rhythm of the market, leaving some bullets for the next more stable opportunity.
Third, don’t buy more as prices rise higher, and definitely don’t leverage.
Many people hesitate at first, thinking about waiting for a pullback, but the market doesn’t pull back. By the time they can’t stand it anymore and jump in at a high position, they often leverage to make up for their regret of missing out.
This is a life-threatening operation—bull market retracements happen faster than you imagine. Once the capital loss expands, it not only affects future profitability but directly impacts trading psychology.
If you're wrong, admit it, wait for the next opportunity, and don’t think of gambling to recover.
From 100,000 to 42 million: My trading philosophy helps friends see through the crypto world.
Three years ago, I entered the market with 100,000, and now my account value has reached 42 million. One day while drinking tea with a friend, I told him: 'The crypto world is a mob; as long as you can control your emotions, this market is a cash machine.'
I not only know how to trade but also understand mindset. I later found that these strategies can be condensed into two core concepts—rules and trading methods.
1. Rule section (Mentality + Operation dual cultivation)
1. Before entering the market, prepare first and then act; enter step by step, and refuse to go all in.
2. When breaking new lows in a low-range consolidation, one can accumulate heavily for a bottom-fishing; when breaking new highs in a high-range consolidation, one must decisively reduce positions.
3. Be brave to sell on a rise, be bold to enter on a drop, and a slow decline is a good opportunity to gradually add positions.
4. Buy on bearish candles, sell on bullish candles; buy early when it’s falling, sell early when it’s rising, and don’t chase highs in the afternoon.
5. Full positions are a big taboo; a big rise must have a pullback. A stable mindset is more important than precise techniques.
2. Trading method (Technique + Rhythm combination)
1. Fluctuation trading method: Buy low and sell high using a channel, in conjunction with BOLL indicators, and avoid greed.
2. Breakout method: After a consolidation, chase in when the direction becomes clear, and get in and out quickly.
3. Unilateral trend method: Trade with the trend; entering during a pullback is the most stable.
4. Resistance and support method: Focus on key levels and let the market signal itself.
5. Pullback rebound method: The pullback after a large rise or fall often presents short-term opportunities.
6. Time period trading method: Small fluctuations during the day are suitable for conservative types, while large fluctuations in the evening are suitable for technical types.
I often tell my friends: 'Trading cryptocurrencies is actually about trading mindset. The premise of being able to make trades is that you first have to restrain your hands and control your heart.'
No one can predict every fluctuation, but you can decide the timing and position of each move.
As long as you control your emotions, profits will eventually make their way into your pocket.
In trading: The market can forgive your mistakes but will never forgive your lack of discipline. In this market, traders who can consistently make money are exceedingly rare.
It’s not that the market is too complex, nor is it that the trends are too difficult to predict, but the vast majority of people can't even control their own hands.
The essence of trading is actually very simple:
Establish rules, execute rules, maintain discipline, and persist for a long enough time—if you follow this, the probability is high that you can make money.
But simple does not mean easy, especially in a market full of fluctuations and temptations.
Many people fail because of the two words: 'emotion'.
Clearly planned stop-loss lines become hard to cut when the market surges;
Clearly, the position control was set, but after earning a little, you want to increase your stake to 'take another bite';
Clearly set profit targets become tempting; when the price arrives, you get itchy and think, 'just wait a little longer'—but the result is profits turning into floating losses, and floating losses turning into stop-losses.
Ironically, some people get lucky and win a trade, immediately start to swell with pride.
They forget discipline, forget risk control, and believe they are the chosen ones of the market.
But the market never indulges anyone—one pullback can bring an account to zero and shatter one’s mindset.
Worse is that they are unwilling to admit they messed it up, always looking for 'bad market conditions' or 'conspiracies by the main force' to comfort themselves.
A true trader understands one fact:
The market is never short of opportunities; what it lacks are those who can steady their hearts and control their hands.
Trading isn’t about who is smarter, but about who is more disciplined.
Only those who can restrain their hands in the face of temptation and cool their hearts in the face of loss deserve to survive in this market.
Because market conditions change, systems evolve, and strategies shift, but a person's ability to control emotions and execute discipline is the trump card that transcends cycles.
Therefore, before winning the market, you must first win yourself.
This is the biggest dividing line between professional traders and amateur players.
For friends who want to enter the trading field, don’t rush to dive in—this industry really isn’t for everyone.
Many people think that personality is key, believing that impulsive and impatient ones cannot succeed, while calm and composed ones are 'born traders'. But those who have truly struggled in the market know that personality is not that important in trading. Regardless of one’s original temperament, once in the market, emotions will be repeatedly influenced by market fluctuations. In the novice stage, no one can rely solely on personality to 'go it alone'; everyone must go through long-term grinding to gradually achieve a 'calm mind'.
Compared to personality, I believe two hard conditions have a greater impact on traders:
First is time. From novice to being able to make stable profits, it takes at least over a year. During this year, you must constantly pay attention to the market, continually trying and summarizing experiences. However, many people simply don’t have that much time—for example, office workers who want to learn trading and become full-time traders in their spare time find it essentially unrealistic. The competition in this industry is too fierce; wanting to become one of that 10% of winners with spare time is too difficult. In contrast, students, graduate students, telecommuters, freelancers, or housewives have more flexible time and will have an advantage.
The second is financial situation. If financial pressure is high, I sincerely do not recommend entering the industry. Too much pressure can cause a breakdown in mindset, making it impossible to calm down and learn from the market. Those who are eager to make money and hope to get rich overnight should definitely not choose trading; if not handled well, they can fall deeper into the pit. Conversely, if one does not have an urgent need for money at the moment, they can explore the trading path more steadily.
Of course, conditions are fixed, but people are alive. If there are no conditions, create them—such as cutting back on expenses, finding a flexible home working time, to give yourself space for learning and practice. As long as you persist in investing, when you can truly achieve stable profits, you will find that all the effort is worth it.
A professional trader's late-night insight: 5 aspects of human nature that the market has revealed to me.
1. "Stop-loss is not admitting defeat; it’s leaving a way out for tomorrow’s self"
It was only during the earliest night of a margin call that I realized: resisting 'stop-loss' essentially means unwilling to accept the impermanence of life. Now, I regard stop-loss orders as a gym membership card—while it's painful to pay, I know in my heart that this is a necessary investment for long-term 'health'.
2. "The candlestick chart is a mirror that reflects one's true self"
When you stare at a suddenly plummeting position late at night, that moment of rapid breathing and trembling fingertips is the most authentic form of 'technical analysis'. All indicators are just tools, and what you need to tame forever are your own expectations and fears.
3. "Liquidity is a gift, but it can also be a noose"
I have seen too many people addicted to the thrill of 'instant entry and exit', yet forget that high-frequency trading is like a child who keeps unwrapping gift boxes—the most precious surprises always belong to those with the patience to wait. (The platform's risk control is most vigilant about not the profit and loss, but the 'insatiable greed' that never sleeps.)
4. "Real masters are doing 'subtraction'"
Delete 3 selected cryptocurrencies, close 2 analysis software, and the vision suddenly becomes clear: those 'wolf-like traders' chasing 20 hotspots every day often end up being harvested by algorithms.
5. "The most dangerous market often arrives amidst the noise of 'this time is different'"
When social media is full of talk about 'financial freedom' and 'guaranteed profits', and colleagues around you are quietly mortgaging their properties to jump in... at such times, I would rather pull up the screenshots of margin calls from 2018 to look at—markets are always changing, but the pace of human nature's evolution is astonishingly slow.
The last sentence is a hard truth.
The most ironic thing about this industry is: when you stop thinking about 'defeating the market', you truly begin to gain freedom.
Those who are prone to major setbacks in the crypto world should compare themselves to these types and avoid risks in advance:
The first type is pure novices who dare to touch 100 times leverage contracts upon entering the market; they invest all in after making a small profit, and often end up losing everything. Even if they get lucky and buy a coin that rises several times, they will later lose all profits due to improper operations. Such people only blindly go all in, buying what’s rising and selling what’s falling, completely unaware of position control and the importance of taking profits and losses. They always operate with full positions, resulting in high expectations turning into deep disappointment. (I sincerely advise novices not to touch the crypto world lightly; sometimes, the courage brought by ignorance can lead to greater losses.)
The second type is small-cap players, for instance, having only a few thousand USDT yet dreaming of making millions with it. While there are cases of turning a few thousand USDT into millions in the crypto world, they mostly occur in the primary market and contract trading. If small-cap players choose the wrong path, it’s hard to achieve significant breakthroughs; relying on the secondary market for hundredfold returns is almost impossible. High multiples often require opportunities in the primary market or contracts. Yet the risks in these two areas are enormous; the number of people who can truly make money from them is hardly one in ten. So it's better to watch more and act less, and proceed with caution.
The third type is 'giant infants' in the crypto world; these individuals are like clueless newbies who need others to 'feed' them information, and even need to be coaxed to do so, which has little to do with making money. After all, no one has the patience to keep 'feeding' like this, not even parents, who will only care for their children for a few years. Such people always think of 'lying flat' and waiting for others to lead, have poor mindsets, and complain endlessly about minor gains and losses; they certainly won't last long. If the mindset is not up to par, everything else is in vain.
The fourth type is those with rigid thinking, still holding onto altcoins with total positions and never considering mainstream coins like Bitcoin, Ethereum, or Ripple. Such people have very weak risk tolerance and always think Bitcoin’s price is high while altcoins are cheap with great potential for growth, but they overlook that altcoins can also drop fiercely. While Bitcoin may rise slowly and have a high price, it is more stable compared to altcoins. Many who cling to altcoins may eventually receive notice of delisting from exchanges.
