Have you also heard a saying: In the crypto world, a day is like a year in the human world.
Many people watch others get rich every day, while they themselves are losing more and more.
In fact, many times it’s not a market issue, but rather a matter of not controlling the rhythm well.
Last year, I kept using a very basic method, to put it simply, it’s slowly rolling a snowball.
It’s not complicated, but it’s really quite stable.
The core step actually just has two words: split position.
For example, if you have 50000 U, the first thing I do is split it into 5 parts.
Each part is 10000.
Many people like to go heavy into the market as soon as they enter, or even go all-in.
Once the direction is wrong, there’s basically no chance to recover.
I usually take the first part to test the waters.
I look for those relatively stable mainstream coins and buy a little if the prices are similar.
What if the market drops?
In fact, it’s an opportunity instead.
If it drops around 10%, I’ll add another part.
This way, you’re not chasing the rise, but slowly lowering the cost.
But if the market rises, I actually won’t hold on tightly.
When it rises around 10%, I will sell a portion.
Many people’s biggest problem is: they are reluctant to sell when it rises, but don’t dare to add when it drops.
As a result, when the market fluctuates, they end up earning nothing.
My approach is actually very simple, just keep repeating this rhythm.
If it drops a bit, add a bit; if it rises a bit, take a bit.
It sounds silly, but it works particularly well in volatile markets.
Later, as I got more proficient, I even narrowed the range from 10% to around 5%.
The trading frequency may be higher, but the rhythm remains the same.
In fact, after spending a long time in the crypto world, you will discover one thing.
Many retail investors lose money not because their methods aren’t advanced enough,
but because they either go all-in or make random moves.
Those who can slowly build up their accounts are actually very restrained.
They don’t predict the market, nor do they gamble on direction.
They just manage their positions well, control the rhythm, and let profits roll in little by little.
To put it bluntly, when it comes to trading cryptocurrencies, in the end, it’s not about who is the smartest,
but rather who can survive a little longer.