The first time you get a taste of success is often the most dangerous moment.
Last year, a friend of mine started with a principal of 3,000U. He caught the right trend and doubled his money to 6,000U in one night. He called me at around 3 a.m., his voice trembling: "Bro, making money is just too easy!" I told him, "Don't get cocky, the real test comes next."
So what happened? The next day, he couldn't sit still. He saw a "100x coin tip" being hyped up in some group chat and immediately threw 80% of his position in. Within ten minutes, the price plunged, and his 6,000U instantly shrank to 3,300U. He panicked and asked me what to do. I replied with four words: "Don't panic yet."
Three months later, this guy grew his account from 3,300U to 90,000U. But his biggest change wasn't mastering some advanced technical indicator—it was understanding the weight of the word "steady." Stay steady when making money, stay steady when losing money.
Now his trading habits are simple and straightforward: initial positions kept under 15%, single-trade stop loss no more than 2%, and whenever profit hits 5%, he cashes out half immediately. The more his account grows, the lighter his trades; the crazier the market gets, the smaller his positions.
He understands one thing—lots of people double their money, but only those who actually pocket the profits are real winners.
I've seen too many people, it's not that their skills are lacking, but right after making money, they get impulsive and give it all back. That half-hour of overconfidence is more deadly than any technical analysis.
So my own rhythm has always been steady: 5 to 7 trades a week, with entry points, stop-loss levels, and scaling-in positions all planned in advance.
Cash out profits in time, keep rolling the principal, and profits must be secured. When emotions run high, I just close the app—missing out is always better than making the wrong trade and losing money.
This approach won't make you rich overnight, but at least when the next crypto winter comes, you'll still have chips left to keep playing.
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ChainProspector
· 8h ago
The most heartbreaking part is this sentence: acted on impulse and gave it all back, haha.
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DYORMaster
· 8h ago
To be honest, most people fail at this point.
Doubling your money is easy; cashing out is the hard part.
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SadMoneyMeow
· 8h ago
Honestly, sudden wealth overnight can easily mess up your mind.
To be honest, I've seen too many cases like this around me—people make some money and then go all in, only to lose it all in a single day and end up back where they started.
Maintaining a steady mindset sounds simple, but it's actually incredibly hard to do.
I really need to figure out this rhythm, otherwise I'll crash again in the next market cycle.
The key is to know when to cash out; don't wait until you give back all your profits.
The first time you get a taste of success is often the most dangerous moment.
Last year, a friend of mine started with a principal of 3,000U. He caught the right trend and doubled his money to 6,000U in one night. He called me at around 3 a.m., his voice trembling: "Bro, making money is just too easy!" I told him, "Don't get cocky, the real test comes next."
So what happened? The next day, he couldn't sit still. He saw a "100x coin tip" being hyped up in some group chat and immediately threw 80% of his position in. Within ten minutes, the price plunged, and his 6,000U instantly shrank to 3,300U. He panicked and asked me what to do. I replied with four words: "Don't panic yet."
Three months later, this guy grew his account from 3,300U to 90,000U. But his biggest change wasn't mastering some advanced technical indicator—it was understanding the weight of the word "steady." Stay steady when making money, stay steady when losing money.
Now his trading habits are simple and straightforward: initial positions kept under 15%, single-trade stop loss no more than 2%, and whenever profit hits 5%, he cashes out half immediately. The more his account grows, the lighter his trades; the crazier the market gets, the smaller his positions.
He understands one thing—lots of people double their money, but only those who actually pocket the profits are real winners.
I've seen too many people, it's not that their skills are lacking, but right after making money, they get impulsive and give it all back. That half-hour of overconfidence is more deadly than any technical analysis.
So my own rhythm has always been steady: 5 to 7 trades a week, with entry points, stop-loss levels, and scaling-in positions all planned in advance.
Cash out profits in time, keep rolling the principal, and profits must be secured. When emotions run high, I just close the app—missing out is always better than making the wrong trade and losing money.
This approach won't make you rich overnight, but at least when the next crypto winter comes, you'll still have chips left to keep playing.