In the cryptocurrency world, stories of overnight wealth are never-ending, but more often than not, they are just low-probability legends.
Today, I will talk about a fan who started with 1000U and, in just 45 days, grew it to 62,000. His success was not due to overwhelming luck but rather adherence to the 'three no principles' — no betting on fluctuations, no holding onto positions, and no lingering in battles.
When I first met this brother, he entered the cryptocurrency world with 1000U, facing the volatile K-line like an ant on a hot pan, anxious and restless. As soon as he saw the K-line turn slightly red, he was eager to enter the market, completely led by the market's short-term fluctuations.
My first suggestion to him was to split his funds. I told him to divide the 1000U wallet into three parts, first taking out 500U as 'survival money' to save. Regardless of how tempting the market may be, this portion of funds must not be touched; it is the last guarantee for survival in the cryptocurrency space.
The remaining 500U is the 'vanguard' that can be used for trading. You must understand that in the unpredictable battlefield of cryptocurrency, the market is not a cash machine to be exploited at will. If you are not careful, you may become the prey consumed by the market.
Step 1: Split the Wallet — First reserve 'survival money' before discussing turning things around.
Cut the 1000U in half on the spot: lock 500U in a cold wallet (the key I keep for him), and only 500U is allowed for trading. I told him, 'This 500U is your lifeline; if it runs out, the game is over.'
Initially, he found it troublesome: 'Is it necessary to split just 1000U? What can it do?' I replied, 'It's enough to let you survive the first three trades.' Later, he realized that this 'survival money' allowed him to avoid two major crashes — in the first instance, when BTC plummeted, he only had 500U left to trade, which prevented him from making reckless moves; in the second instance, during ETH's false breakout, he only lost 15% and cut his position without serious damage.
Step 2: Draw Grids — Only trade the 'understandable' waves.
In a volatile market? Just cross it off, no need to waste time. We only focus on two types of signals:
Breakout with volume exceeding the previous high (4-hour chart volume is twice the 3-day average);
Volume retracement to key moving averages (such as MA60, price touches but does not break the moving average).
"The signal is here; treat profits like bullets." He entered the first trade with 35% of 500U (175U), earned 120U, and immediately withdrew the 120U as 'new bullets,' leaving the principal of 175U untouched. For the second trade, he used this 120U to increase his position, earned another 80U, and withdrew 56U... The snowball kept rolling bigger, and his mindset became steadier.
Step 3: Wait for the Wind — The market only rewards those who are 'half a beat slow.'
Small funds fear impatience the most. Initially, he felt an itch to act when he saw others making 10%. I advised him: 'Buying the dip today and cutting losses tomorrow, three times back to zero.' Later, he learned to wait for key price levels to break out before taking action.
On the most thrilling night, during a heated debate between bulls and bears, he almost followed the crowd and went all in. I held his hand: 'Wait.' Ten minutes later, BTC surged with a strong volume candle breaking through 28,800U, and we seized the opportunity to go long, earning 18% profit in ten minutes. The sound of shorts being liquidated was like firecrackers, and he asked me for the secret. I said, 'The market only rewards those who can wait.'
In the cryptocurrency space, small funds must avoid impatience. If you feel the price is low today and rush to buy, then see bad conditions tomorrow and hurriedly cut losses, you will quickly deplete your capital. The trading method I adopt can be summarized in three keywords: stability, control, and profit-taking.
What is called 'stability' means that the position must be stable. Always strictly control the proportion of funds invested in each trade, never take excessive risks, and ensure enough risk resistance ability amidst the market's storms. 'Control' refers to strictly managing stop-loss.
Before placing every order, clearly set the stop-loss point. Once the market price touches the stop-loss line, execute the stop-loss operation without hesitation, and never entertain any lucky thoughts that could lead to unlimited losses. 'Take profit' means decisively securing gains when profits reach a certain target.
In 45 days, 1000U turned into 53,000U. When he withdrew 40,000U in profits, I replied to him, 'Don't get excited, this is just interest — the next wave is still to come.'
Because in the crypto world, if you don't lock in floating profits in time, it could just be an illusion; a market reversal can make it all disappear.
In the crypto world, while making profits through position flipping is certainly delightful, the real core lies in surviving for the long term and continuously obtaining stable returns. Just like in a long marathon, those who often laugh until the end are not necessarily the fastest runners, but those who can maintain their pace and move steadily forward.
Do not always fantasize about becoming rich overnight in the cryptocurrency world; the market never favors those who are impatient. If you really want to turn your fortunes around in the crypto space, you must first learn to slow yourself down and patiently wait for your wave of opportunity.
Just like farmers waiting for their crops to mature and fishermen waiting for fish to bite, only by enduring loneliness and adhering to the rules can one reap success in the challenging field of cryptocurrency.
If you currently feel helpless, confused in trading, follow me and you won't get lost!
Sometimes, listening and observing more can reveal things outside your current understanding, which can at least save you from taking five years of detours!
