In my early years, I started with a capital of 50k yuan, gradually growing to 302k yuan in the first two years, then steady at 590k yuan in the third year, and by the fourth year, I was completely floating — in August, my account reached 3.78 million, and by November, it directly surpassed 7 million.

Back then, I was impulsive, quit my stable job, borrowed money to leverage, and always thought “luck will keep favoring me.” As a result, when the financial crisis hit, I not only lost all my profits but also took on debt, eventually having to sell my house to pay it off, nearly causing a family breakup. It was only at the low point that I woke up: all I had earned before was luck, not skill.
In the following three years, I didn’t make reckless trades again. I reviewed and summarized day and night, finally turning things around with a set of practical trading logic. These six core principles can avoid 80% of the pitfalls:
1. Don’t be a “cryptocurrency collector.” I used to hold a dozen niche coins, most of which went to zero. Later, I learned that three core principles are enough: hold BTC for long-term to avoid missing out, trade ETH with moderate volatility for swings, and pick one strong sector leader (like AI, RWA). It’s much more reliable than buying randomly.
2. Stop when your emotions take over. Once, during a surge of liquidations across the internet, I didn’t stop, losing 200k yuan in a day. Now I set strict rules: if liquidation numbers are high, or three consecutive big green candles hit the hot search, or amateurs follow the trend to buy, I stop and cool down for two hours—saving myself from many losses.
3. Position size is a life line. In the early days, I went all-in, and during a crash, I didn’t even have money to add. Now I have fixed positions: 50% USDT for emergencies, 30% quality coins for long-term holdings, and 20% for short-term quick trades. Keeping capital gives me a chance to turn things around.
4. Take profits and cut losses without illusions. I used to add more when prices dropped 10%, only to get stuck in despair. Now I follow strict rules: take half profit at a 10% rise, sell completely at 20% to switch to stable assets; wait for a 5% dip to re-enter if the logic is sound, and cut at 10% loss to reflect—no holding through losses.
5. Master the basics within a week. When I first entered the market, I bought blindly and lost badly. Later, I summarized three steps: look at daily candlestick charts + MA10/MA30 to find support and resistance; volume increase without price rise is a false breakout; don’t chase after late-rally coins in the sector, learn the market within a week.
6. Building a position is like fighting a battle—buy in batches. I used to go all-in with 3,000 yuan, panicking at every dip. Now I start with 900 yuan as a base, buy more at support, add 600 at resistance breakouts, and keep 600 yuan ready for sudden dips—focus on rhythm, not speed.
The crypto world is never about gambling luck; discipline is the key to long-term success.
There are many lost souls in crypto, but I only wish to help those who are willing to save themselves.