I used to do things blindly, not looking at the rebates, not looking at the costs. When I calculated later, I realized I was just working for the platform. Now that I've switched to a rebate account, placing orders feels like saving money, it's great.
Is trading cryptocurrencies the way to get rich? Then you need to clarify several essential questions first.
Many people ask: 'Can you get rich trading cryptocurrencies?' I would like to ask: what does it mean to get rich? Turning 100,000 into a million may seem like getting rich to some. But in Shanghai, a million can at most buy a decent toilet.
Turning a million into ten million in first-tier cities barely gets you three bedrooms and two halls, just enough to be a 'normal citizen'.
Therefore, getting rich is relative — relative to your principal.
The principal is small, and no matter how large the profit is, the absolute amount is not enough to change one's fate.
True 'getting rich' is never by luck, but through system + leverage + survival ability. One, risk control system: Surviving is the prerequisite for getting rich
Have you been trading coins for years without making 1 million? Then remember these 10 phrases!
Brother, after mixing in the crypto world for so long, and not seeing your money grow, let me tell you a truth:
Stop 'relying on luck'; you need to rely on methods.
I have summarized the pitfalls I’ve encountered in real trading over the years into 10 dead rules, each of which can help you lose less or even earn more:
1️⃣ If you have little money, don’t mess around with too many varieties!
As long as you catch one wave of main rise in a whole year, your funds can multiply.
Don't go all in; keep some bullets in hand. Even if you miss the first opportunity, there will be chances to catch up later.
2️⃣ The more you understand, the more you can earn!
Don’t follow the crowd just because someone shouts a signal; don’t touch coins you don’t understand.
[Real Experience] My account was frozen, and I lost 200,000 before I realized: cashing out in the crypto world is more important than making money!
Having mixed in the crypto world for 8 years, I've lost market value, faced liquidation, but the worst was that time cashing out hit a landmine, and my account was frozen by the police, losing a full 200,000.
Since then I understand:
In the crypto world, money that hasn't entered your pocket is never considered earned. ❌ My painful experience: all three bank cards were frozen together!
That night, I sold part of my USDT to a merchant who promised 'instant arrival'. The money arrived, but in three different cards, I thought it was safe.
The next day - all three cards froze, and the Anhui police directly bombarded me with calls:
"This money is suspected of being illegally obtained, we need to cooperate with the investigation."
Achieving financial freedom at 30, I relied on cryptocurrency trading, but what truly changed my fate are these 6 words I started engaging with cryptocurrency at 24, with no background, no resources, relying on a laptop and a mobile phone, in 2024, I built my account to 8 figures. But I want to tell you: technology is not the key, mindset is the decisive factor. Those in e-commerce and traditional industries may envy us cryptocurrency traders for having no inventory and no disputes, but only those who have experienced it know that this market is a psychological battleground. With 6 years of experience, I have summarized 6 survival rules in the cryptocurrency world, I hope you take fewer detours and achieve “freedom” sooner. 【6 Major Laws of the Cryptocurrency World|Understanding it is worth more than learning ten techniques】: 1. Rapid rise and slow fall = accumulation A strong rise and slow decline indicate that large funds are secretly accumulating. Don’t fear the drop, pay attention to the rhythm. 2. Rapid fall and slow rise = distribution A sharp drop followed by a weak rebound indicates that the market manipulators are fleeing. Don’t be greedy for cheap, be careful not to become a bag holder. 3. High volume at the top = possible continued rise; low volume at the top = hurry to escape Volume determines direction; there can be no play without volume; no volume means it’s the end of the line. 4. Avoid impulsiveness at the bottom with high volume; continuous high volume is safe One instance of high volume may be bait, while multiple instances of high volume indicate consensus is forming. 5. Trading cryptocurrency is trading emotions; consensus determines direction Forget the complex structures of candlestick charts, return to market psychology, volume is the mirror of consensus. 6. “Nothing” equals everything Without attachment, greed, or fear, there is true winning probability. Only those who can remain in cash and wait for opportunities deserve to own a significant market movement. One last point: the only enemy in cryptocurrency trading is yourself. The data from the beautiful country, the necessary announcements, and the rise of the main players, these pieces of information are just the surface; the real variable is the fluctuations in your heart.
The Bloody History of Crypto Withdrawals: After losing 360,000 overnight, I found the ultimate solution to avoid card freezing!
Brothers, no matter how much you earn from crypto, if you can't withdraw, it's just a digital game! Back in the day, I withdrew 150,000 USDT, and the next day my card was frozen, locking 360,000 completely! An uncle in Anhui shocked me with a single line: 'There’s a sum of money involved in fraud, pay 280,000 to unfreeze!' Submitted a pile of materials, ended up losing 30% hard. A bloody lesson: withdrawing is not a technical task, it’s a life-saving battle! 🔥 Five-Star Life-Saving Tip: Hong Kong Mastercard, used by big shots! Why do 90% of veterans recognize it? ✅ Completely Isolate Risks: Money goes to Hong Kong, say goodbye to mainland risk control ✅ Widely Accepted: Binance, Coinbase can be used freely ✅ Legal and Compliant: Protected by the Hong Kong Monetary Authority, as stable as an old dog
Card suddenly unavailable for 72 hours? A seasoned veteran summarizes 11 rules to avoid pitfalls with tears!
Brothers, last night at dawn, a young brother urgently found me: 'Bro, the money from selling USDT just arrived in my card, and before I could even warm it up, the card stopped working! It says service paused for 72 hours!' Those who understand this situation know it's really frustrating! This kind of thing is really not new in the circle, but every time I hear it, I feel for my brothers. Learning from experience, combining my own and my friends' hard-earned lessons, I've summarized 11 super practical rules to avoid pitfalls. Especially for friends engaging in OTC, make sure to save these; they can save you a lot of trouble at critical moments! 1. Platform Selection: Safety comes first!
A veteran in the crypto space for over a decade, today I want to share some truths that no one is willing to tell you.
To be honest, I'm not the type of person who can make money just by entering the market.
When I first entered the crypto space, I just wanted to make some quick money, and what happened? I lost nearly 400,000 in the first year.
Staring at the market all night until my hair falls out, while during the day I have to pretend that nothing is wrong.
Who says the crypto space is a 'relaxed and free side job'? That's just people who haven't really lost money bragging.
But precisely because I've endured several complete bull and bear markets, I truly understand:
👉 Those who can make big money in the crypto space are not the ones who shout the loudest, but those who can endure loneliness, control their hands, and hold their positions.
Experience Gained from 8 Years and Losing 6 Million: The Real Way to Make Money is Actually Not Complicated at All.
Some people see me making money now and ask me: 'Bro, are you just lucky? Did you hit some insider information?'
I can only smile wryly.
To be honest, my experience is not a matter of luck.
It started from entering the market in 2017, after 8 years, experiencing wild fluctuations, losing over 6 million, I slowly developed a method that can survive and make profits.
Today I will clarify this method.
Not complicated, not metaphysical, those who dare to take action can follow this.
📍 Step 1: Select coins from the gainers list.
Every time I watch the market, the first thing I do is open the gainers list.