When there was only 30,000 left in my account, I asked myself: Is there still room for me in crypto?
In 2022, LUNA crashed, UST depegged, algorithmic stablecoins failed, and LUNA entered a death spiral. In just a few days, it plunged from around $80 to near zero, wiping out tens of billions in market value.
That day, my 1 million in savings vanished along with the candlestick chart. I had just 30,000 left in my account. Staying up watching the market until dawn became the norm, and I had just one question on my mind: Was there no room for me in crypto anymore?
Refusing to give up kept me going through three months of despair, and I developed a position-rolling strategy. Six months later, 30,000 had turned into 1.57 million. That was when I realized this wasn’t about luck. It was about execution and discipline. Whether you can pull it off depends on whether you can be tough enough on yourself.
Start small if you want to last. With 30,000 in capital, put only 10% into the first trade—that’s 3,000. If it loses 5%, cut it immediately. Don’t hold on for even one extra second. People who lose big often hope to win it all back on their first trade, going all in from the start and getting knocked out. I fell into that trap. That’s why I’ve drilled “start with a small position” into my head. If you make a profit, take your principal out first and roll over the profits. It gives you peace of mind.
Add to your position only when you’re in profit, and follow a formula. Once the first trade is up 30%, add 1.5 times the profit. Make 900 on 3,000, then add 1,350, bringing your total position to 5,250. After a winning streak, you can be more aggressive, but you must raise your stop-loss at the same time. The money you risk should be money you’ve won—not the money you need to live on. This strategy once grew 30,000 to 190,000 for me.
Use a trailing stop. Don’t believe the myth of the rebound. For every 15% rise, raise your stop-loss by 12%. If the price breaks below the trendline, exit immediately, whether or not it has reached your target. Greed can be fatal. Before FTX collapsed, my account had climbed to 370,000. Because I couldn’t bring myself to take profits, it fell back to 120,000 in a single day. That scar still hurts.
Most people can’t turn things around for just three reasons: They rush to win back their losses all at once and lose even faster. They’re afraid to add to their position when they’re making money and miss out on compounding. They trade emotionally, without a plan. Whether you can turn things around depends on whether you can cut losses like a machine, add to your position when you’re in profit, and risk only your profits.
If you can do these three things, growing 30,000 into more isn’t impossible. Crypto doesn’t care who cries the hardest. It only rewards people disciplined enough to be tough on themselves. Being tough doesn’t mean going all in. It means actually cutting your losses when it’s time.
I wrote down the 10% first position and raising the stop-loss after a 15% gain in @波段王龙哥 . If you’re still on the brink of losing everything and hoping to win it all back in one go, leave how much you have left in the comments. I’ll only tell you whether to keep this trade small and whether to cut your losses—not what the next 1.57 million trade will be.