In the deep night of April 2021, I received a strange private message:
"Teacher, I only have 50,000 left, can I turn it around?" The sender's name is A Jie, a post-90s who has been struggling in the cryptocurrency circle for two years.
I told him a story about a fisherman: a true fisherman knows when to go out to sea and when to repair his net.
The cryptocurrency market is the same; 80% of the profits come from 20% of the market movements, and the rest of the time you must learn to wait.
The first step is to stop the bleeding
A Jie's biggest problem was frequent trading. I told him to clear all his positions and only keep 10,000 USDT to test the waters.
In the first week, he couldn't help but want to chase the rise, but I forcibly held him back. That month we only made three trades, but each trade had its stop-loss set before opening the position.
At the end of the month, the yield was only 8%, but A Jie said it was his first profitable month in two years.
The second step is to learn to wait
In the great bear market of 2022, I told A Jie to divide his funds into ten parts, keeping only two parts in the market. Seeing others shouting to "buy the dip," he was anxious and restless.
I showed him my account: 85% in USDT financial products, 15% in positions. It wasn't until November of that year when FTX collapsed and the market was in panic that I said, "It's time to act." That time of buying the dip doubled his assets.
The most crucial third step is the art of position sizing
At the beginning of 2023, I taught him to use the "pyramid building method": after confirming the trend, first invest 10%, add 20% on a pullback, and add 30% after breaking the previous high.
Once, a heavily invested altcoin suddenly plummeted, but due to strict phased position building, the final loss was controlled within 5% of the total capital.
This year's Spring Festival, A Jie sent a screenshot of his account: 3.12 million. He said the thing he was most grateful for was not some precise dip buying, but the three habits he developed over the past three years: always setting stop-losses on every trade, not exceeding 10% of total capital in positions, and resolutely avoiding markets he doesn't understand.
Now A Jie has also started to teach apprentices, and he always says: "What I teach you is not how to make money, but how to avoid losing money."
This may just be the simplest truth of the cryptocurrency market: slow is fast, less is more.
True financial freedom is not about how many zeros are in your account, but about finally learning to coexist peacefully with the market.
Once I was bumping around in the dark alone, now I hold the light in my hand.
The light is always on; will you follow? @币来财888
"Teacher, I only have 50,000 left, can I turn it around?" The sender's name is A Jie, a post-90s who has been struggling in the cryptocurrency circle for two years.
I told him a story about a fisherman: a true fisherman knows when to go out to sea and when to repair his net.
The cryptocurrency market is the same; 80% of the profits come from 20% of the market movements, and the rest of the time you must learn to wait.
The first step is to stop the bleeding
A Jie's biggest problem was frequent trading. I told him to clear all his positions and only keep 10,000 USDT to test the waters.
In the first week, he couldn't help but want to chase the rise, but I forcibly held him back. That month we only made three trades, but each trade had its stop-loss set before opening the position.
At the end of the month, the yield was only 8%, but A Jie said it was his first profitable month in two years.
The second step is to learn to wait
In the great bear market of 2022, I told A Jie to divide his funds into ten parts, keeping only two parts in the market. Seeing others shouting to "buy the dip," he was anxious and restless.
I showed him my account: 85% in USDT financial products, 15% in positions. It wasn't until November of that year when FTX collapsed and the market was in panic that I said, "It's time to act." That time of buying the dip doubled his assets.
The most crucial third step is the art of position sizing
At the beginning of 2023, I taught him to use the "pyramid building method": after confirming the trend, first invest 10%, add 20% on a pullback, and add 30% after breaking the previous high.
Once, a heavily invested altcoin suddenly plummeted, but due to strict phased position building, the final loss was controlled within 5% of the total capital.
This year's Spring Festival, A Jie sent a screenshot of his account: 3.12 million. He said the thing he was most grateful for was not some precise dip buying, but the three habits he developed over the past three years: always setting stop-losses on every trade, not exceeding 10% of total capital in positions, and resolutely avoiding markets he doesn't understand.
Now A Jie has also started to teach apprentices, and he always says: "What I teach you is not how to make money, but how to avoid losing money."
This may just be the simplest truth of the cryptocurrency market: slow is fast, less is more.
True financial freedom is not about how many zeros are in your account, but about finally learning to coexist peacefully with the market.
Once I was bumping around in the dark alone, now I hold the light in my hand.
The light is always on; will you follow? @币来财888
