$BASED from losing 1.3 million and being in debt of 860,000, to turning things around with 2000U: this is the most important lesson I learned in the cryptocurrency world.
In 2013, I entered the cryptocurrency world with 5000U, completely unaware of the market trends.
At that time, I had a habit: I loved to research and review.
While others blindly rushed into the market, I began learning candlesticks, studying trading logic, and using 100U, 100U of funds to verify my ideas.
Years passed, and with luck and hard work, my account once reached an eight-figure sum.
At that time, I thought I finally understood the market.
Until the TRB market wave in 2023.
$TRB skyrocketed from 7U to 550U, a 70-fold increase, while I kept shorting.
I had stopped out twice in between, and the later emotions made me lose my rationality, going all-in to short.
During the New Year days, TRB was around 200U, and I bet it had peaked.
As a result, the market instantly jumped to 555U, the stop-loss didn’t trigger, and my account went straight to zero.
At that moment, I completely broke down and left the scene for a while.
I went through working, delivering food, washing cars, and telemarketing... But no matter how hard I tried, the jobs were always too tiring or not suitable for me.
Later, I saved some money and decided to give myself one last chance.
$BTC This time, I didn’t gamble again but spent time reviewing all my past trades, finally understanding: my previous heavy bets, no stop-loss, frequent position changes, and emotional trading were not trading at all, but merely betting on highs and lows.
This time, I started anew with 2000U.
The funds were divided into two parts: one part for defense, the other for offense.
I only did three things:
1. Only trade in markets I understand;
2. Exit every trade with a 5%-10% profit;
3. Immediately stop loss on any loss.
First week: 2000U → 4000U;
Second week: broke through 10,000U;
Fifth week: caught a wave of trends, and the account reached over 40,000U.
At that moment, I truly understood: making money has never depended on being aggressive, but on maintaining rhythm.
The fundamental reason many people lose money is just one: chaos.
Chaotic rhythm, chaotic emotions, chaotic plans.
As long as you stabilize your rhythm, even small funds have a chance to turn around.
I have already walked this path once and have stepped into the pitfalls for everyone.
A lonely sail cannot travel far, a single tree cannot form a forest; going solo can never compare to having a team that points you in the right direction.
The direction has been pointed out; whether you can keep up is your choice!