Friends with a principal below 3000U, heed my advice!
For those struggling in the crypto world, especially if your capital hasn't reached 3000U, don't rush headlong into the market to operate blindly. The crypto world is not a place to rely on luck; it’s a battlefield that requires strategy and wisdom. With limited capital, you must be as steady as a mountain, and definitely do not act impulsively!
Last year, I mentored a novice who only had 1500U. When he first started placing orders, his hands were trembling, fearing that one wrong move would wipe out his entire capital. I told him, "Stay steady, follow the rules, and you will gradually earn money." As a result, four months later, his account balance broke through 19,000 U. After six months, it soared to 35,000 U, and he never experienced a margin call throughout.
Is this luck? Absolutely not! It's all about ironclad discipline. The following three rules of "both preserving life and generating money" were key to his turnaround from 1500U:
Three-part capital strategy, ensuring an exit route:
1. Divide the 1500U into three parts, use 500U for day trading, focusing on Bitcoin and Ethereum, cashing out when there is a 2% - 4% fluctuation.
2. Use 500U for swing trading, waiting for clear opportunities to act, holding positions for 2 - 4 days for stability.
3. The remaining 500U should never be touched, as this is the foundation for recovery. Those who go all in, panic when prices drop and float when prices rise, cannot go far; winners know to keep money on the sidelines.
Only chase trends, stay away from volatility: The market is in consolidation 80% of the time; frequent trading just means giving fees to the platform. Stay put without signals, and act decisively when signals appear, cashing out half when gaining 12%; what’s in hand is real money. Experts are "still until they have to act, and when they do, they hit the target."
Rules above all, control your emotions: A single trade's stop-loss must never exceed 1.2%; withdraw when it reaches the point.
If profits exceed 2.5%, reduce the position by half, and let the remaining profits grow.
If losses occur, absolutely do not average down; do not let emotions lead you astray. We don’t need to catch every market trend, but we must adhere to the rules; making money relies on a disciplined system.
Having little capital is not scary; what’s scary is constantly thinking about “going all in for a comeback.” Rolling from 1500U to 35,000 U relies on rules, patience, and discipline.
I’ve also found my way in the crypto world; this "beacon" has always been shining.
Do you want to follow along?