I have been in the cryptocurrency world for eight years. I have seen the legends of overnight wealth, and I have also witnessed people instantly getting liquidated. Last year, I turned 40,000 yuan into 3.7 million, but it was definitely not because I had insider information or got extremely lucky.
Honestly, 90% of people can't turn their situation around, and the root cause is simply one thing—losing control.
The crypto market moves 24/7, with new hot drops and airdrops emerging constantly, and everyone is busy running around. So what’s the result? It’s all about helping exchanges accumulate transaction fees. When a major trend arrives, people are either too scared to enter or greedily overextend.
I’ve summarized my approach into three steps, which are basically a few iron rules.
**Step 1: Treat your principal as your life.** Once your profit exceeds 30%, I withdraw that portion and lock it into a cold wallet. What’s the benefit of doing this? It builds a psychological barrier. Once a gambler’s mentality takes hold, it’s hard to control, but if the profits are already secured, the remaining funds are truly free money.
**Step 2: Build positions gradually, never go all-in.** How to do this specifically? Try 20% for initial testing, add 40% when breaking through a high point, and top up the remaining 40% during pullbacks. This approach reduces risk and maintains a cost advantage.
**Step 3: Use profits to add positions, keep the principal untouched.** Set your stop-loss at the cost basis. When you profit, add to your position; if you lose, only give back the profits. The principal always stays there.
For trend trading, I focus on three points. When volume breaks through a previous high, I follow immediately. After consolidation with low volume, when volume surges again, I’m glued to the screen. When the market is desperate and volume appears at the bottom, that’s the real moment to dare to act.
The cruelest truth in the crypto world isn’t market fluctuations, but human nature. Those who make money are not because they have superior skills or insider info, but because they can control their emotions and stick to discipline. Beginners think about quick riches, chasing rallies and selling on dips. Veterans only believe in one thing: planned trading, disciplined execution.
Opportunities in the crypto space only belong to those who are prepared. If you haven’t yet established your own trading system, it’s better to start with small amounts and learn slowly. Refine your skills first, then scale up. Learning is the greatest wealth in the crypto world.
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DegenWhisperer
· 2h ago
3.7 million, is that real... But to be honest, I really feel it when I can't control my hands. I'm always taken out by my own greed.
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OnchainArchaeologist
· 01-15 13:58
Wow, I've heard many stories of going from 40,000 to 3.7 million, but few can truly do a proper review. The key point remains—the inability to hold back your hands, which hits hard.
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270x doubling sounds great, but what I care more about is the operation that takes profits at 30%. To be clear, it's about mindset building. Most people can't do that.
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As for building positions in batches, I think the core is not to go all-in. It's a probability game, and if you insist on going all-in, you're not far from liquidation.
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"Only when the market is in absolute despair and volume is at the bottom do you dare to take action"—this sounds simple, but who can truly stay calm when executing? Anyway, I've been scared before.
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At the end of the day, making money in the crypto world is just about this: Discipline > Skill > News. Unfortunately, most newbies don't have the patience for that; they're still thinking about bottoming out and doubling.
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Cold wallets are quite reliable; it really requires a level of self-discipline that's almost obsessive. Compared to technical indicators, this might be the biggest moat.
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GlueGuy
· 01-15 13:57
To be honest, I knew this methodology a long time ago, but the key is execution. I myself couldn't control my hands; I clearly set a take-profit point but was greedy and took a few more points, only to give it all back. That feeling is really, absolutely incredible.
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ProveMyZK
· 01-15 13:46
Damn, I've heard this theory so many times, but the key is how many people can actually stick with it.
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WinterWarmthCat
· 01-15 13:39
It's not wrong to say that the most critical thing is to control oneself. I used to be the same—whenever a hot topic emerged, I would rush in, only to end up contributing to the exchange.
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3.7 million? Is this guy for real? It seems like every month there are stories like this in the crypto world...
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The hard part is knowing these principles; very few can truly stick to them when it comes to execution.
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I need to learn this cold wallet trick. It's much less exhausting than watching K-line charts all day.
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The key is attitude. I've seen too many people go all-in and end up with zero.
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I'm doing this in batches—building positions gradually—but I always struggle to find the right entry point for dips and rebuys.
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"Plan your trades, trade your plan"—this phrase hit home. I just lack that discipline.
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Making money isn't hard; what's hard is holding onto it after you've earned it. That's the biggest hurdle most people can't get past.
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Keeping the principal intact is really the key. Many people blow up their accounts simply because they didn't stick to this bottom line.
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The volume spike at the despair bottom is indeed brutal—it's due to high psychological pressure, which makes it easy to misjudge.
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AirdropGrandpa
· 01-15 13:39
Honestly, I can't resist this urge, just look at my account haha.
Forty thousand to over three million? That number sounds intense, but honestly it's still a mindset issue.
I need to learn this cold wallet trick, I always get itchy hands.
The idea of building positions in batches sounds simple, but when it comes to actual operation, everyone wants to go all-in. You still need to suffer a few losses first.
Putting in volume at the bottom to make a move—that's true bravery. I'm still chasing the rise.
Emotional control is really the hardest part; technical skills are actually easier to learn.
Don't do anything without a system, it's just wasting transaction fees.
I have been in the cryptocurrency world for eight years. I have seen the legends of overnight wealth, and I have also witnessed people instantly getting liquidated. Last year, I turned 40,000 yuan into 3.7 million, but it was definitely not because I had insider information or got extremely lucky.
Honestly, 90% of people can't turn their situation around, and the root cause is simply one thing—losing control.
The crypto market moves 24/7, with new hot drops and airdrops emerging constantly, and everyone is busy running around. So what’s the result? It’s all about helping exchanges accumulate transaction fees. When a major trend arrives, people are either too scared to enter or greedily overextend.
I’ve summarized my approach into three steps, which are basically a few iron rules.
**Step 1: Treat your principal as your life.** Once your profit exceeds 30%, I withdraw that portion and lock it into a cold wallet. What’s the benefit of doing this? It builds a psychological barrier. Once a gambler’s mentality takes hold, it’s hard to control, but if the profits are already secured, the remaining funds are truly free money.
**Step 2: Build positions gradually, never go all-in.** How to do this specifically? Try 20% for initial testing, add 40% when breaking through a high point, and top up the remaining 40% during pullbacks. This approach reduces risk and maintains a cost advantage.
**Step 3: Use profits to add positions, keep the principal untouched.** Set your stop-loss at the cost basis. When you profit, add to your position; if you lose, only give back the profits. The principal always stays there.
For trend trading, I focus on three points. When volume breaks through a previous high, I follow immediately. After consolidation with low volume, when volume surges again, I’m glued to the screen. When the market is desperate and volume appears at the bottom, that’s the real moment to dare to act.
The cruelest truth in the crypto world isn’t market fluctuations, but human nature. Those who make money are not because they have superior skills or insider info, but because they can control their emotions and stick to discipline. Beginners think about quick riches, chasing rallies and selling on dips. Veterans only believe in one thing: planned trading, disciplined execution.
Opportunities in the crypto space only belong to those who are prepared. If you haven’t yet established your own trading system, it’s better to start with small amounts and learn slowly. Refine your skills first, then scale up. Learning is the greatest wealth in the crypto world.