Don't believe in the saying 'the bold will prosper' anymore! While you are staring at the screen shouting 'all in', I am passively earning 870,000 with 1,000 stablecoins over 11 months. As an analyst who has been in the crypto space for 6 years, I will speak from the heart today: those who survive are all tough individuals who know how to 'give in'.
That winter in 2020 was colder than the current market. On the night when mainstream coins first surpassed $20,000, I blew up three fans' accounts together, and one big brother directly blacklisted me while sending a screenshot: 'The 'winning strategy' you recommended left my 800,000 principal with only the fees.' That day, I uninstalled the trading software, threw my phone into a bucket of water, and bought a ticket to Dali overnight. During the day, I delivered food and got drenched in a heavy rain, and at night, I scrubbed toilets in a guesthouse. When my fingers started to peel, I swore: if I touch the K-line again, I'll eat the keyboard.
The turning point was on New Year's Day 2024, with only 1000 stablecoins left in my pocket. My mom called and said there was not enough money to build a house back home. I squatted in the hallway of my rented apartment and smoked half a pack of cigarettes, then re-downloaded the trading app—but this time I set three 'coward's iron rules' for myself, which now seem more effective than any technical indicator.
Article 1: Divide your money into ten parts, and do not open a position that exceeds 'the cost of a hot pot meal'.
Beginners always love to treat their accounts like gambling chips; that’s how I fell back in the day. This time, I divided the 1000 stablecoins into 10 parts, establishing separate positions for each, with no single use of funds exceeding 40% of the total position, and the remaining 60% put into a flexible product with an annualized return of 4%+ to 'breed cubs'. Some might laugh: what good is this little profit? But do the math; even if the market consolidates for half a year, this part of the funds can at least cover trading fees, effectively buying a 'life insurance' for the account.
When the mainstream coins crashed to 2160 in April, I opened a 20x short position with 40% of my capital. When it rose back to 2300, I decisively took profits, earning 6000 stablecoins. I immediately sent 2000 yuan to my brother who I had previously misled, with the note 'Here’s a little repayment for what I owe you'—it's not that I am generous; it’s that this money was earned solidly, because I knew that even if the direction reversed, the remaining funds would be enough for me to withstand three fluctuations, and I would not repeat the same mistake.
Article 2: Do not be a 'prophet', be a 'weather forecaster'.
The thing that is most abundant in the circle is the 'call-out masters'. In May, when mainstream coins were continuously rising, everywhere shouted 'target 100,000 dollars'. I reminded in the community, 'It’s time to take profits', and someone replied, 'You’re old, you don’t dare to play anymore'. I didn’t retort; at the position of 66888, I opened a long position while setting a stop-loss line at 65777—this point was not a random guess, it was calculated as a 'safety cushion' based on the range of fluctuations over the past three months. Sure enough, after earning 9000 stablecoins, the market directly plummeted, and the fan who scolded me later private messaged me: 'Bro, I got liquidated again.'
Here’s a practical tip: always wait for the market to 'find its footing' before taking action. When mainstream coins spiked to 49000 in August, countless people rushed in to buy the dip, but I waited until the price stabilized at 52000, and only opened a position after it held for three consecutive hours without breaking the support level. Some say I missed the lowest point, but I would rather earn 10% less than risk getting trapped in a second dip— in this market, 'missing out' is always more cost-effective than 'making a mistake'.
Article 3: Do not be greedy with profits, celebrate after withdrawing 70%.
This is the most counterintuitive operation I have ever seen, but it is also the most effective. After every profitable trade, I immediately withdraw 70% of the profits into cash, leaving only 30% to reinvest. On the day of the heavy rain in Guangzhou in June, I was halfway through delivering food when I saw a regulatory positive news flash. I rode my electric bike back in the rain, opened a 20x long position at 2380, and made 12,000 stablecoins in 20 minutes. Just as I withdrew the money, I received a message from the delivery station manager: 'You’ve been absent, kicked from the group'—I laughed and deleted the manager too. This operation was enough to cover my delivery income for half a year.
By December 3rd, my account's net worth reached 121,400 stablecoins. The win rate was only 58%, which is not much higher than that of beginners, but with a profit-loss ratio of 2.3:1 and a maximum drawdown of 7.8%, I remained steady during several major fluctuations. Many people ask me: 'How do you judge when to take profits?' Actually, it's simple: when you start to fantasize about 'selling when it rises a bit more', immediately close your position—greed is the biggest stop-loss line.
Now I turn off my computer at 11 PM every night, go to the park to run five kilometers, and come home to catch up on two episodes of a drama. Some say I am 'wasting the market', but they forget: the K-line is always moving, but your capital and life only happen once. Those who are still staring at the market at three in the morning either disappear after being liquidated or earn money but end up with health issues. What's the point of that?
