Back then, my parents and relatives scolded me to no end. I quit a perfectly good job at a state-owned enterprise—who else would have dared to go all in like me? I’ve been trading crypto full-time for 10 years, built a net worth of 50 million, and nobody around me nags me anymore. Today, I’m sharing for free what I learned through 3,600 days and nights of grinding it out:
I started with 8,000 yuan and went all in on altcoins. At my worst, I was down 8 million—so broke I considered selling tea eggs. Even the old guy running a street stall laughed that I was stealing his livelihood. Looking back now, I really ought to thank him #ETH
1. Manage your position size—it’s the most important thing and directly determines whether you live or die.
Split your capital into five parts, and only dare to use one part to enter the market at a time. You can be wrong five times without taking a hit to your core. People who go all in never get the dignity of “losing and still being able to afford a cup of milk tea.” Get liquidated, and you’re out.
2. Read the trend and don’t let others throw you off rhythm.
Don’t listen to people blindly shouting “buy the dip” during a downtrend; nine times out of ten, they’re trying to lure buyers in. When the market is rising, those who call a small pullback a crash are mostly trying to scare you out of your coins. Go with the market’s rhythm. Those who trade against it always pay the highest tuition.
3. Don’t let your emotions take over, and don’t be the last one holding the bag.
Blacklist coins that have surged threefold in the short term. After they stall at the highs, they usually plunge straight down. If you rush in, you’re simply helping someone else break even. The do-gooders of crypto don’t survive a single flash crash.
4. Get good at a few things, not mediocre at everything.
You don’t need to pore over dozens of complicated candlestick patterns until you’re dizzy. Focus on MACD: a golden cross below the zero line followed by a break above it is a signal of a dark horse breaking out of the mud. A death cross above the zero line means get out—that’s your most important exit signal. Don’t let emotions control your thinking. If you’re losing, adding more as the price keeps falling is just letting your emotions lead you; you’ll only get trapped deeper. Add to your position only when you’re in profit and the trend is still in your favor—that’s how you ride a clear direction and make money.
Crypto is absolutely not a fallback plan for workers. The margin for error is so small that one wrong move can ruin you for good. I’ve laid out all the details on splitting your position and when to enter and exit here: @猫哥稳健翻仓王 . If you’re still stubbornly going all in on altcoins, first learn how to manage your position properly. Leave a comment with the trade where you lost the most. I’ll tell you how much to put into your next one—I won’t make empty promises about hundredfold coins.
I started with 8,000 yuan and went all in on altcoins. At my worst, I was down 8 million—so broke I considered selling tea eggs. Even the old guy running a street stall laughed that I was stealing his livelihood. Looking back now, I really ought to thank him #ETH
1. Manage your position size—it’s the most important thing and directly determines whether you live or die.
Split your capital into five parts, and only dare to use one part to enter the market at a time. You can be wrong five times without taking a hit to your core. People who go all in never get the dignity of “losing and still being able to afford a cup of milk tea.” Get liquidated, and you’re out.
2. Read the trend and don’t let others throw you off rhythm.
Don’t listen to people blindly shouting “buy the dip” during a downtrend; nine times out of ten, they’re trying to lure buyers in. When the market is rising, those who call a small pullback a crash are mostly trying to scare you out of your coins. Go with the market’s rhythm. Those who trade against it always pay the highest tuition.
3. Don’t let your emotions take over, and don’t be the last one holding the bag.
Blacklist coins that have surged threefold in the short term. After they stall at the highs, they usually plunge straight down. If you rush in, you’re simply helping someone else break even. The do-gooders of crypto don’t survive a single flash crash.
4. Get good at a few things, not mediocre at everything.
You don’t need to pore over dozens of complicated candlestick patterns until you’re dizzy. Focus on MACD: a golden cross below the zero line followed by a break above it is a signal of a dark horse breaking out of the mud. A death cross above the zero line means get out—that’s your most important exit signal. Don’t let emotions control your thinking. If you’re losing, adding more as the price keeps falling is just letting your emotions lead you; you’ll only get trapped deeper. Add to your position only when you’re in profit and the trend is still in your favor—that’s how you ride a clear direction and make money.
Crypto is absolutely not a fallback plan for workers. The margin for error is so small that one wrong move can ruin you for good. I’ve laid out all the details on splitting your position and when to enter and exit here: @猫哥稳健翻仓王 . If you’re still stubbornly going all in on altcoins, first learn how to manage your position properly. Leave a comment with the trade where you lost the most. I’ll tell you how much to put into your next one—I won’t make empty promises about hundredfold coins.