bit小鱼

Goal: 10,000x. Bitcoin only.
Guess in the comments when I’ll go to zero—prizes for correct guesses.
My portfolio shows my funds and is always public.

Today I saw two friends copying my trades. Thank you for your trust 🎉🎉🎉
Copy trading is essentially following a product
So I need to briefly introduce my product to friends who are copying my trades
First, I only trade BTC
Because more than half of the market cap in crypto is Bitcoin, everything else can be manipulated, but Bitcoin cannot. And Bitcoin has moderate volatility, so there won’t be extreme surges or crashes. When copying my trades, please set it to only trade Bitcoin
Second, I always set a stop loss for every trade
My trading logic is very simple: when there is a breakout or breakdown and the market is consolidating, I take a gamble with a stop loss. Each time, the potential gain is about 15% compounded, while the loss is about 4.4%. This means one successful trade can cover three losing trades. It helps me maintain a positive trading system and mindset, but consecutive losses are also very common, after all, high reward-to-risk comes with a low win rate
Third, I probably open a position once every two or three days
Opportunities are not always there, because my timeframe is 60 minutes, so I am not holding positions every day. I think the best trading system is to stay mostly in cash and only take trades with take-profit and stop-loss levels set
Fourth, I do not deposit or withdraw funds
Right now I only have this much capital, so I won’t do things like martingale trading, nor will I deposit or withdraw funds to fake a trading curve. That would be irresponsible to myself and even more irresponsible to everyone
I wish everyone gets the results they want. I will keep this post up forever 🌞🌞🌞

Master, I get it now.
This is the Elliott Wave Theory—my account has gone through a 5-wave decline↓↓↓

Chronically short on storage, forever short on capital
Question the light, understand the light, believe in the light, become the light, cling to the light—and lose it all!

Most people in crypto have very little awareness of risk. Their heads are completely clouded by dreams of getting rich overnight. For ordinary people, trading futures is a negative-EV game in itself—one that is bound to lose money over the long run. Trading futures on shitcoins amplifies those negative returns even further.

Don’t underestimate even just 5x leverage. Crypto assets have no price floor, and their prices can fall to an endless string of zeros after the decimal point. Add the huge slippage caused by frequent wicks and drying-up liquidity, and for most people, the only difference is whether they lose sooner or later.

If you want to survive in the market over the long term, you need to allocate some of your portfolio to spot. And even if you trade futures, stick to Bitcoin, Ethereum, and US stocks—not shitcoins.

Bitcoin, Ethereum, and US stock futures have ample liquidity and are less vulnerable to manipulation by a single player. Their price movements are driven by macroeconomic fundamentals, and slippage risk is manageable. Losses are still possible, of course, but at least you avoid the extra, potentially fatal risk of a project team dumping its tokens. When you trade shitcoins, you’re not putting money into the market and waiting for it to grow—you’re continually funneling your principal into it, and the market could wipe out your account in one go at any moment.

The Kurumi of the past: “This little bit of money? I don’t want it.”
The Kurumi of later years watched the long and short positions day and night, completely consumed by trading.
Many people think the worst thing about trading is losing money in your account. But that’s not it.
The market quietly changes your mindset, turning calm into greed and impatience. You keep making mistakes and holding onto losing trades, until you’re swept along by the market without even realizing it.
More than losing your capital, the hardest price to recover from is the way trading slowly devours your mind.

Crypto trading chaos: Martin signals, part 3 😅
Why do so many copy traders end up getting burned? ☹️
Today, let’s break down the account of someone who hasn’t blown up yet, but whose many copy traders have. It’s hilarious—this guy even uses bots to write comments. Take a look at this clown in my comments 😂
See image 1
Were you fooled by this unbelievably high win rate? In just three months, he made over 80x and earned more than 40,000 U, with a maximum drawdown of only 6% and a win rate of 91.9%. But you can spot the problem by looking at the copy traders’ profits and losses: if the win rate and profits are so incredible, why are the copy traders losing money? Because he uses a Martingale strategy to provide trading signals. This account has been liquidated multiple times.
See image 2
The signal provider’s position size is only around 100,000, but in the past seven days, copy traders have lost nearly 100,000 too. See anything fishy? This person clearly lost over 60% in the past seven days, but managed to recover by adding to positions during the day and holding on. The most interesting part is the 144 positions over seven days—that means he has to make 20 trades a day, earning money from copy traders’ fees. Open the position history and you’ll see that every trade takes profit at just a fraction of a U. He’s making money by racking up fees and bleeding copy traders dry.
See image 3
The most alarming figures are here: in just over three months, he had nearly 3,000 copy traders, but now only a little over 200 remain. That means this person hasn’t just been liquidated—he’s been liquidated multiple times, leaving many copy traders holding the bag. That’s the worst part. So when copy trading, don’t just look at the signal provider’s profits—you need to know how to assess them from multiple angles.

How to make 10,000x on Bitcoin:
Get stopped out of a thousand contract trades, review a thousand candlesticks
Spend a thousand days alone, lose a thousand nights of sleep
10,000x isn’t luck. It’s making a thousand mistakes, then catching the one market move that’s yours.

After the false breakout, will it challenge the 80,000 level again and test the strength of support?

Musk’s flying car is finally here!
The Roadster is equipped with SpaceX rocket thrusters—floor it and it takes off,
so it turns out a sports car’s ultimate destination is to leave the ground.
This is no longer a car; it’s a land rocket.

The chaos of crypto: Martingale signal provider #2 😵😵😵
Why do so many copy traders end up as fodder? ☹️

Someone said today that an old crypto hand like me shouldn’t go around commenting on other people’s signals 🤐🤐🤐. I just laughed. Why can’t I comment? Should the platform square belong to you alone from now on? If I don’t post and they don’t post, what’s everyone supposed to read?

Back to the point—look at image one.

The maximum loss over the past seven days was 98%, which means almost everything was wiped out. The trader lost 13,000 USDT, while copy traders lost 123,000 USDT. What’s interesting is that the win rate over the past seven days was 0%. Combined with the losses wiping everything out, this shows that this person had no stop-loss level.

Now look at image two.

A position size of 320, an 88.12% win rate, and this profit curve indicate a classic Martingale signal strategy. The trader made nearly 20,000 USDT, while clients lost 440,000 USDT. Copy traders lost nearly 3 million RMB.

Now look at image three.

This person frequently deposits and withdraws funds, but their profile has no warning telling you that they might do so. You should know that anyone who takes responsibility for their copy traders will notify their followers about deposits and withdrawals. That way, they can protect them from a huge drawdown—otherwise, you could lose not only your profits but also your principal. Why don’t they give a warning? Because they know they’re using a Martingale signal strategy, and sooner or later it’ll wipe everything out. They’ll take as many people down with them as they can.

Even Xiao Z is getting ready to look for a job as an internet café manager—the genius trader has completely fallen from grace.

Why doesn't Jack Ma give speeches anymore?
Under Ant Financial's previous strategy, it could have challenged USDC's position as a stablecoin.

It’s crashing 📉

Nobody on the forum is saying the bull run is here, or that privacy coins are pumping, or that Bitcoin is pumping. Nobody’s hyping up the four-year halving bull market either.

It’s 2026, and Bitcoin’s market cap is already worth trillions. How could it still go up several times over at the drop of a hat like it used to? Huge swings are going to be the norm from now on. Wall Street’s buying price, Grayscale’s buying price, and MicroStrategy’s buying price all affect the market. In the long run, outperforming inflation is a given, but it depends on your cost basis. In any case, buying more as the price falls and accumulating spot is definitely a sound strategy.

When someone keeps telling you the bull market is here, just ask them to predict whether the price will go up or down each day next week. Any prediction should spell out the margin of safety, the leverage margin, and how they’d handle a black swan event. If all else fails, ask them to show you their live trading account and open positions. See whether they actually practice what they preach.

Bitcoin missed the fill by 0.1—no sweat, I kept it together.

From 10,000 to 550,000, then back to zero—what can we learn from that? ☹️

When I saw this guy, I felt like we were in the same boat. I started trading crypto at 17, moved on to futures at 20, and then started trading crypto again this year. I’m 26 now. My account grew from a few tens of thousands to a peak of 1.8 million in 2023, then went to zero. Last year, I turned a few tens of thousands into over 400,000, only to hit zero again. I’ve probably been liquidated more than ten times—I’ve lost count. I’ve lost 600,000 or 700,000 in a day, and I’ve also made 300,000 or 400,000 in a day. But the moment my account hit zero, it felt like everything was over.

Since I entered the workforce, I’ve barely had a regular job. But this year, I had no choice but to work in a factory for two months to save up some capital and start again. A couple of months ago, I read a passage that really opened my eyes. I’ll put it at the end as a reminder to myself. So I’ve decided to start exploring a trading system that won’t let one trade wipe me out again. When I traded futures, I couldn’t control for black swan events—especially over the past couple of years, with Trump starting wars and markets suddenly gapping down the next day. But with crypto futures, I can manage the risk. I only trade Bitcoin, and even if something like what happened on October 11 last year happens again, I can take the loss by setting a stop-loss. I can also use isolated margin so the rest of my funds aren’t affected. I limit each stop-loss to no more than 4% of my total capital. If you calculate the losses using compounding, it would take 57 consecutive 4% losses to turn 10,000 into 1,000. The odds of that are actually very low—after all, you’d have to hit your stop-loss 57 times in a row.

The most profitable trade of your life may be the greatest curse you’ll ever face.

Because that one time, you broke every rule. You went in heavily, didn’t use a stop-loss, and charged in while everyone else was running for the exits. And then you won. You made a lot of money.

You looked at that steeply rising equity curve and thought it was skill. You commemorated that day as if it were your birthday.

But it was your epitaph. Every trade you made afterward was an attempt to recreate that one. After every loss, you refused to walk away because you were waiting for that moment to happen again. Every time, you wanted to go all in because of that one trade.

You mistook luck for your family’s ancestral tomb and went to bow before it every year at Qingming.
Backtesting is like digging up a grave. It will show you that the trade you placed on an altar was just a bone tossed to you by probability. And for that bone, you gave up the rest of your life.

The price hasn't changed, so how did my money disappear? 😅

Liquidated for $87,000, or nearly 600,000 yuan—the biggest victim of BTW has emerged so far 😵😵😵
Everyone knows coins like lab Ake ace are doomed to end up this way. But when you're at the table during a downtrend, leverage can rapidly grow your wealth if used well—or deal a devastating blow if used poorly.

After using Binance for so long, I’ve only just realized you can see the real-time market cap rankings for all coins here. I guess the entire crypto market’s value depends on these few coins—kind of like the Magnificent Seven in the US stock market.

In just four months, another 100x coin has emerged! BTW surged from 0.01655 to a peak of 1.97, nearly 118x. A hot sector plus low-cap liquidity can create wealth at a staggering pace—but the risks are just as enormous.