My Journey to Turn the Tables in Crypto: Slow but Steady, Living Long with the Market

I. Awakening from the Depths: From Gambling Psychology to Strategic Thinking I used to be just like the majority out there: caught up in stories of “10x, 20x overnight,” rushing into the market with the mindset of a gambler rather than an investor. The consequences came quickly: chasing prices up, panic selling when prices dropped, accounts vaporizing uncontrollably until only about 3000U remained. Some days, I didn’t even dare to open the trading app for fear of facing the truth. That desperate phase forced me to wake up. I realized a fundamental but often overlooked truth: High profits always come with high risks, but high risks do not guarantee high profits. In a highly volatile market like crypto, a single reckless decision can wipe out all your capital. The problem has never been the market. The problem lies in my psychology and trading approach. Warren Buffett’s famous saying: “The most important thing is not to lose money” suddenly became extremely meaningful. In crypto, simply surviving is a victory. II. My Core Strategy: Trade Just Right, Prioritize Risk Management The real turning point came when I focused on two factors: following market trends and controlling drawdowns. This became the foundation that helped me recover steadily for many consecutive weeks.

1. Trade Safely, Avoid Predicting Tops and Bottoms The market always has inertia. Once a trend is established, the probability of continuation is higher than a sudden reversal. I completely abandoned the idea of “catching the bottom, selling at the top,” and instead: Uptrend: prioritize buying during price corrections. Downtrend: only look for selling opportunities when prices rebound to resistance levels. I only enter trades when there are clear signals, such as breaking important price zones with high volume or losing key moving averages. During sideways markets, I trade very lightly or stand aside to observe. Flexibility is more important than prediction.
2. Capital Management: Leverage Always Under Control I set a strict rule: total leverage must not exceed 2 times the account. No matter how “beautiful” the trade looks, I don’t go all-in. For example: Account 10,000U → total position value not exceeding 5,000–6,000U. Each trade has a minimum profit/loss ratio of 2:1. If expecting a 100U profit, I accept a maximum loss of 50U. This way, just a small fraction of trades correct, and the account still grows steadily.
3. Discipline in Stop-Loss and Take-Profit: Absolutely No Holding Out I no longer “hope” when a trade goes against me. Every trade is pre-set with stop-loss and take-profit levels from the start, prioritizing automatic orders to avoid emotional influence. When prices go beyond the allowed threshold, I exit immediately. When in profit, I often reduce position size to lock in gains rather than trying to ride the entire wave. Missing out on some profit is better than turning gains into losses. III. Why Does This Approach Work Well?
4. It Helps Me Counter Human Nature Greed when in profit and hope when in loss are the two biggest enemies in crypto. A rule-based strategy helps me act like a machine, minimizing emotional decisions.
5. The Power of Compound Growth No need for massive 50–100% gains in a single trade. Just steady weekly growth, and after a few weeks, the results are completely different. Simple example: Start with 500U. Weekly increase of 20%. After about 6–7 weeks, the amount has multiplied many times. Slow but steady always beats quick with high risk.
6. Avoid Common Traps Don’t participate in projects without real value, relying solely on hype. Don’t chase price surges driven by sensational news, as they often come with sharp drops shortly after. Don’t believe in “sure-win” trades. IV. Some Personal Perspectives on Surviving in Crypto Don’t idolize technical indicators. They only reflect the past, not a crystal ball. I pay more attention to cash flow and market psychology. Small capital requires extra caution. Strategies that seem highly profitable often come with risks that beginners find hard to control. Having peers to exchange and supervise is very important. Trading alone makes it easy to lose discipline. V. Conclusion: The Most Important Thing Is Not to Make Quick Money, But Not to Lose Crypto is not a casino; it’s a long-term strategic game. If you’re confused or experiencing losses, take a break and ask yourself: Am I using more capital than I can afford to lose? Do I have clear stop-loss and take-profit plans? Am I being swept away by stories of quick wealth? Moving slowly and surely, and staying in the market, is the greatest victory. Learning, discipline, and capital protection are always your most valuable assets in crypto.