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People often ask me: is this circle really a place to make money or just a casino? Why do so many people dream of getting rich overnight, only to end up losing everything? I don’t want to give you empty motivational talk; I’ll be straightforward: the crypto world can indeed be profitable, but only if you follow a complete set of rules. You can’t rely solely on luck and all-in bets.
I started with just a few thousand USD, no different from most retail investors. But now my account has grown to over 30 million. Not bragging—every penny was earned through strict discipline. Today, I’m sharing my core insights, no fluff, no tricks—just practical tips that can help you survive and leave this circle alive.
**Survive first, then talk about making money**
When I first entered the scene, my approach was simple: divide 1000U into 5 parts, each 200U. This wasn’t random. I set stop-loss (5%-8%) and take-profit levels for each trade and strictly followed them. No following the herd, no bottom-fishing, no betting against the trend. Why be so cautious? It’s simple—the volatility in the crypto market is too intense. A moment of impulsiveness or greed to add more can wipe out your entire principal.
What do the data say? 80% of retail investors start losing money within six months. The reasons are twofold: first, chaotic position sizes; second, emotional trading. My principle back then was very straightforward: your principal is your life, and stop-loss is your oxygen mask. If I buy a coin for 200U and it drops to 180U, I sell. Losing a little isn’t a big deal, but holding on until the coin hits zero—that’s the end.
At this stage, my goal wasn’t to make big money but to quickly hone my trading instincts—learning to read volume on K-lines, distinguish real breakouts from false ones, and control my impulses.
**Let profits work for you**
When my account grew to 10,000U, I started changing my approach. Limit each position to 25% of total funds, and only add to positions after a trend is confirmed. For example, if a coin shows resonance at a key point (like the 5-day moving average crossing above the 20-day), I don’t jump in immediately. Instead, I test the waters with 15% of my funds. If that trade makes a 30% profit, then I consider adding more.
The key here is: only add to positions that are already profitable, never to losing ones. This way, your principal is always protected, and the profits you make are the real capital you can risk. Once your principal is gone, even the best opportunities won’t be available to you.