Five years ago, I had just over 10,000 yuan left in my account.
Back then, I thought about one thing every day: How could I turn things around? When the next market rally came, would I be able to seize the opportunity?
Now my account is worth seven figures, and my thinking has actually become simpler. It’s not that I’ve made enough money. It’s that I’ve truly lost money and felt the pain, so I know what impulsive trading can cost.
First, never go all in. $BTC
No matter how confident I am in a market move, I’ll never put all my chips in at once. The market is always full of surprises, and no matter how accurate your judgment is, you can never be 100% right. Leaving some room in your position isn’t cowardice—it’s giving yourself a way out. Many people don’t lose money because they got the direction wrong; they lose because they make one bad trade and use up all their chips, leaving themselves no chance to recover.
Second, only take opportunities I understand. $QI
The market goes up and down every day, but there really aren’t that many moves worth trading. If prices are surging wildly, don’t chase them; if they’re plunging in a panic, don’t rush to buy the dip. Wait for a trend to emerge and for the price to reach a key level before making a move. The more desperate you are to make money, the more likely you are to end up holding the chips other people don’t want.
Third, keep trading simple.
These days, I don’t pile on a bunch of indicators. I look at just three things: trend, strength, and price levels. If the conditions are right, I trade; if not, I wait. When I’m making a profit, I let it run a little longer; if I’m wrong, I admit it and exit promptly. Adding to a losing position again and again is often not a strategy—it’s just refusing to admit you were wrong.
Finally, to everyone still hanging in there in the market:
Don’t fight the trend, don’t let your position get out of control, and don’t make decisions based on emotion.
There will always be opportunities, but once your capital is gone, there really won’t be another chance.
#Strive斥资1.69亿美元增持2000枚BTC
Back then, I thought about one thing every day: How could I turn things around? When the next market rally came, would I be able to seize the opportunity?
Now my account is worth seven figures, and my thinking has actually become simpler. It’s not that I’ve made enough money. It’s that I’ve truly lost money and felt the pain, so I know what impulsive trading can cost.
First, never go all in. $BTC
No matter how confident I am in a market move, I’ll never put all my chips in at once. The market is always full of surprises, and no matter how accurate your judgment is, you can never be 100% right. Leaving some room in your position isn’t cowardice—it’s giving yourself a way out. Many people don’t lose money because they got the direction wrong; they lose because they make one bad trade and use up all their chips, leaving themselves no chance to recover.
Second, only take opportunities I understand. $QI
The market goes up and down every day, but there really aren’t that many moves worth trading. If prices are surging wildly, don’t chase them; if they’re plunging in a panic, don’t rush to buy the dip. Wait for a trend to emerge and for the price to reach a key level before making a move. The more desperate you are to make money, the more likely you are to end up holding the chips other people don’t want.
Third, keep trading simple.
These days, I don’t pile on a bunch of indicators. I look at just three things: trend, strength, and price levels. If the conditions are right, I trade; if not, I wait. When I’m making a profit, I let it run a little longer; if I’m wrong, I admit it and exit promptly. Adding to a losing position again and again is often not a strategy—it’s just refusing to admit you were wrong.
Finally, to everyone still hanging in there in the market:
Don’t fight the trend, don’t let your position get out of control, and don’t make decisions based on emotion.
There will always be opportunities, but once your capital is gone, there really won’t be another chance.
#Strive斥资1.69亿美元增持2000枚BTC
