Eight years ago, I entered the crypto world with just 20,000 yuan, and with an unyielding spirit, I’ve persisted until now.
The over 30 million in my account isn’t some windfall; it’s the result of eight years, countless setbacks, and unwavering perseverance—gradually earned from the market. Today, I want to share with you the valuable lessons I’ve accumulated over these eight years. First: Capital management is life I never go all-in or gamble everything on a single trade. I only risk one-fifth of my capital each time. Losing one part doesn’t hurt; when I make a profit, I lock in gains immediately. If a trade loses 10%, I cut my losses—no matter how tempting the market looks. Even after five consecutive losses, I might lose at most half, but as long as I catch a good trend, a few take-profit points can recover everything. Second: Follow the trend, not bottom-fishing No one can accurately predict the bottom during a decline. Buying early results in getting trapped. The smart move is to wait until an upward trend is established, then buy on dips. Entering at this point minimizes risk and increases win rate. Third: Avoid coins that surge short-term Coins that double or triple in a day may seem exciting, but they’re often mines. You think you can ride another wave, but they’re already waiting for you to buy in. Especially altcoins—after a pump, they usually crash. Nine out of ten times, you get caught in a trap. Technically, I trust MACD the most. When DIF and DEA cross above the zero line and break through it, that’s my favorite buy signal. Once they cross below the zero line, I immediately reduce my position and exit. Securing profits is the most reliable.
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Eight years ago, I entered the crypto world with just 20,000 yuan, and with an unyielding spirit, I’ve persisted until now.
The over 30 million in my account isn’t some windfall; it’s the result of eight years, countless setbacks, and unwavering perseverance—gradually earned from the market.
Today, I want to share with you the valuable lessons I’ve accumulated over these eight years.
First: Capital management is life
I never go all-in or gamble everything on a single trade. I only risk one-fifth of my capital each time. Losing one part doesn’t hurt; when I make a profit, I lock in gains immediately.
If a trade loses 10%, I cut my losses—no matter how tempting the market looks. Even after five consecutive losses, I might lose at most half, but as long as I catch a good trend, a few take-profit points can recover everything.
Second: Follow the trend, not bottom-fishing
No one can accurately predict the bottom during a decline. Buying early results in getting trapped. The smart move is to wait until an upward trend is established, then buy on dips. Entering at this point minimizes risk and increases win rate.
Third: Avoid coins that surge short-term
Coins that double or triple in a day may seem exciting, but they’re often mines. You think you can ride another wave, but they’re already waiting for you to buy in. Especially altcoins—after a pump, they usually crash. Nine out of ten times, you get caught in a trap.
Technically, I trust MACD the most.
When DIF and DEA cross above the zero line and break through it, that’s my favorite buy signal. Once they cross below the zero line, I immediately reduce my position and exit. Securing profits is the most reliable.