Someone asked me, how can I turn a few thousand yuan into hundreds of thousands in the crypto world? Honestly, there are no advanced tricks, just two words: patience.
In August 2020, I only had 1800 USDT in my account. I had just paid off my credit card, and life was a bit rough. At that time, everyone around me was trading with 20x leverage, shouting in groups every day about making huge profits. As for me, I chose the most boring method—scaling in.
I split the 1800 USDT into 6 parts, each 300 USDT, focusing on low-volatility coins, deploying at low points, and taking profits of a few hundred dollars when possible. Many people thought this was inefficient, but in the first week, I made 420 USDT; in the second week, I broke 3000 USDT; in the third week, it skyrocketed to 6200 USDT. It wasn't luck, but rather that I took profits when others were greedy.
After entering the second phase, my account grew from 6200 USDT to 23,000 USDT. My simple insight is: when others panic, add more; when others are crazy, take profits and exit. Only trade the patterns you understand, don’t listen to random group calls, operate consistently every day, avoid heavy positions, and don't chase highs. Once you understand the market's temperament, your income stabilizes.
When my account broke through 53,000 USDT, I became even more conservative.
You’ll find that the more money you have, the more cautious you become. I started using scripts to place orders, focusing only on strong mainstream coins like BTC, ETH, SOL, and OP, setting stop-loss and take-profit for every trade. Even if I earn a little less, I will never risk a liquidation. I prefer to earn a few hundred steady dollars every day rather than risking a bankruptcy that would waste all my previous efforts.
Looking back now, the core of this journey is actually just a few principles:
All-in is a dead end; scaling in is the way to survive. Don’t bet on a one-sided market; bet on your own win rate. Trade steadily, and you’ll earn more. Scripts, setting stop-losses, discipline—these seemingly boring things—are the secrets to account growth.
Opportunities in the crypto space are always present. Learning to control your mindset is more important than anything.
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GateUser-6bc33122
· 12-13 17:47
It's easy to talk about it nicely, but how many people can really stick to this approach? Most people still can't resist going all-in.
View OriginalReply0
GateUser-0717ab66
· 12-13 17:41
That's right, it's all about mindset. Most people fail because of greed.
View OriginalReply0
TradFiRefugee
· 12-13 17:24
This guy is really straightforward; this method of position splitting is definitely much more reliable than all-in.
View OriginalReply0
SocialAnxietyStaker
· 12-13 17:24
The more money you have, the more timid you become—that's a perfect statement and a real truth.
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Splitting positions might seem boring, but it is indeed the only way to stay alive and exit the market.
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It's another story about "controlling your mindset," but anyone who can do that would have achieved financial freedom long ago.
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Turning 1800U into tens of thousands isn't just about waiting—it's about enduring time. But most people can't even hold on for a month.
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The strategy of taking profits and stopping losses sounds easy but is extremely difficult to execute. I fell for greed.
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While others leverage 20 times, you're splitting your positions—that mental toughness must be strong. If it were me, I’d have FOMOed long ago.
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Using script-based stop orders really saves trouble, but I still can't fix my habit of manually chasing highs. What should I do?
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The statement that all-in is a dead end, you have to step on the pit to truly understand.
Someone asked me, how can I turn a few thousand yuan into hundreds of thousands in the crypto world? Honestly, there are no advanced tricks, just two words: patience.
In August 2020, I only had 1800 USDT in my account. I had just paid off my credit card, and life was a bit rough. At that time, everyone around me was trading with 20x leverage, shouting in groups every day about making huge profits. As for me, I chose the most boring method—scaling in.
I split the 1800 USDT into 6 parts, each 300 USDT, focusing on low-volatility coins, deploying at low points, and taking profits of a few hundred dollars when possible. Many people thought this was inefficient, but in the first week, I made 420 USDT; in the second week, I broke 3000 USDT; in the third week, it skyrocketed to 6200 USDT. It wasn't luck, but rather that I took profits when others were greedy.
After entering the second phase, my account grew from 6200 USDT to 23,000 USDT. My simple insight is: when others panic, add more; when others are crazy, take profits and exit. Only trade the patterns you understand, don’t listen to random group calls, operate consistently every day, avoid heavy positions, and don't chase highs. Once you understand the market's temperament, your income stabilizes.
When my account broke through 53,000 USDT, I became even more conservative.
You’ll find that the more money you have, the more cautious you become. I started using scripts to place orders, focusing only on strong mainstream coins like BTC, ETH, SOL, and OP, setting stop-loss and take-profit for every trade. Even if I earn a little less, I will never risk a liquidation. I prefer to earn a few hundred steady dollars every day rather than risking a bankruptcy that would waste all my previous efforts.
Looking back now, the core of this journey is actually just a few principles:
All-in is a dead end; scaling in is the way to survive. Don’t bet on a one-sided market; bet on your own win rate. Trade steadily, and you’ll earn more. Scripts, setting stop-losses, discipline—these seemingly boring things—are the secrets to account growth.
Opportunities in the crypto space are always present. Learning to control your mindset is more important than anything.