Brothers: the principal is only 2100U, and you still need to leave 700U untouched—what are you doing all this for?
I previously guided a fellow coin friend who started with 2100U and, within three months, reached 160,000U. Later, it got to around 450,000U.
Don’t treat this speed as the norm. Just relying on a few rules can’t guarantee returns like that.
#币圈生存法则
When I look back on this experience, there are three things worth talking about.
First, split the money and leave yourself some room.
Divide 2100U into three parts: 700U for short-term trades, 700U for swing trades, and keep 700U aside. Each has its own purpose. Don’t let losses from short-term trading make you move all the remaining money over to fill the hole. Before entering, calculate clearly how much you can lose on any single trade at most.
Second, when there’s no opportunity, hold your hands.
If you can’t understand a sideways market, just wait. Only participate when the trend and the entry location match your plan. When profit reaches your target, take some off first. Don’t see others making money and think you have to open a trade immediately.
Third, once the plan is set, don’t change your mind on the spot.
If the stop loss is hit, leave. Don’t add to a losing position to gamble your way back to even. And if things go your way, don’t suddenly increase your position size. What’s most terrifying is being full of “discipline” in your usual talk, and the moment it’s your own trade, you feel like, “Wait a bit longer.”
These three things are easy to understand. The real difficulty is, after missing a big run, after consecutive losses, or suddenly making big gains, you can still keep doing it the same way.
When your account is small, every time you act, you must leave some buffer—don’t let a single trade drain your principal.
If you’re still chasing breakouts, holding positions through drawdowns, and repeatedly changing your plan—go find “Brother Shen.” First, figure out clearly how to split your positions and how to exit when you’re wrong.
#CryptoBillionaire
I previously guided a fellow coin friend who started with 2100U and, within three months, reached 160,000U. Later, it got to around 450,000U.
Don’t treat this speed as the norm. Just relying on a few rules can’t guarantee returns like that.
#币圈生存法则
When I look back on this experience, there are three things worth talking about.
First, split the money and leave yourself some room.
Divide 2100U into three parts: 700U for short-term trades, 700U for swing trades, and keep 700U aside. Each has its own purpose. Don’t let losses from short-term trading make you move all the remaining money over to fill the hole. Before entering, calculate clearly how much you can lose on any single trade at most.
Second, when there’s no opportunity, hold your hands.
If you can’t understand a sideways market, just wait. Only participate when the trend and the entry location match your plan. When profit reaches your target, take some off first. Don’t see others making money and think you have to open a trade immediately.
Third, once the plan is set, don’t change your mind on the spot.
If the stop loss is hit, leave. Don’t add to a losing position to gamble your way back to even. And if things go your way, don’t suddenly increase your position size. What’s most terrifying is being full of “discipline” in your usual talk, and the moment it’s your own trade, you feel like, “Wait a bit longer.”
These three things are easy to understand. The real difficulty is, after missing a big run, after consecutive losses, or suddenly making big gains, you can still keep doing it the same way.
When your account is small, every time you act, you must leave some buffer—don’t let a single trade drain your principal.
If you’re still chasing breakouts, holding positions through drawdowns, and repeatedly changing your plan—go find “Brother Shen.” First, figure out clearly how to split your positions and how to exit when you’re wrong.
#CryptoBillionaire
