From 5000u to 300,000u: In the crypto world for a year, I only stick to my principles.
Last year, when I entered the crypto world with 5000u, a friend patted me on the shoulder and laughed at the dinner party: "You might as well spend that money on a good meal; putting it in is just throwing it away." Now that the account has jumped to 300,000 u, I understand that making money in this industry is not about luck, but about the "foolish rules" that are honed through perseverance. When I first entered the market, I felt like a headless fly. Seeing others post screenshots of hundredfold coin profits got me excited. I switched between three altcoins in a week, and soon I was left with only 3800u. The worst time was when I followed the big V's call and used 10x leverage. At 3 AM, my phone vibrated until it was hot, and the liquidation notification woke me up like an ice pick. In the crypto world, greed can bring people to zero more than losses. Later, I stopped messing around and just did two things every day: translating project white papers until my eyes were sore, and staring at the candlestick charts and trading volumes to find patterns. Do not touch the "zero-risk doubling" air coin, only choose small coins with practical applications; Wait for others to panic sell and slowly build your position when the RSI drops below 30. Set your stop-loss before buying; if it breaks, run away without taking chances. The most unforgettable turning point this year: a public chain coin dropped 70% from its peak, and the forum was filled with curses about "cutting leeks." I have gone through three months of technical newsletters and found that the team hasn't run away but is still optimizing the ecosystem, so I simply invested the remaining 3000+ u into it. In the following two months, there were three single-day pullbacks exceeding 20%. Some netizens who built positions together shared screenshots of their liquidation, while I only moved my stop-loss down by 5 points. Short-term trading earns small profits; only by enduring volatility can one reap substantial rewards. Last week, when taking profits in batches, I didn't feel ecstatic about having 300,000 u, only a sense of fear remained. I have seen too many people leverage to get rich and then return to zero, and heard stories of being scammed in staking and mining, only to understand that the password of the crypto world is "survive." I am still operating with a small position now, never daring to enter with a full position. In fact, the distance from 5000u to 300000u is not measured by how many limit-up boards there are, but by overcoming the FOMO emotion of following the trend and adhering to trading discipline.
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From 5000u to 300,000u: In the crypto world for a year, I only stick to my principles.
Last year, when I entered the crypto world with 5000u, a friend patted me on the shoulder and laughed at the dinner party: "You might as well spend that money on a good meal; putting it in is just throwing it away."
Now that the account has jumped to 300,000 u, I understand that making money in this industry is not about luck, but about the "foolish rules" that are honed through perseverance.
When I first entered the market, I felt like a headless fly. Seeing others post screenshots of hundredfold coin profits got me excited. I switched between three altcoins in a week, and soon I was left with only 3800u.
The worst time was when I followed the big V's call and used 10x leverage. At 3 AM, my phone vibrated until it was hot, and the liquidation notification woke me up like an ice pick.
In the crypto world, greed can bring people to zero more than losses.
Later, I stopped messing around and just did two things every day: translating project white papers until my eyes were sore, and staring at the candlestick charts and trading volumes to find patterns.
Do not touch the "zero-risk doubling" air coin, only choose small coins with practical applications;
Wait for others to panic sell and slowly build your position when the RSI drops below 30. Set your stop-loss before buying; if it breaks, run away without taking chances.
The most unforgettable turning point this year: a public chain coin dropped 70% from its peak, and the forum was filled with curses about "cutting leeks."
I have gone through three months of technical newsletters and found that the team hasn't run away but is still optimizing the ecosystem, so I simply invested the remaining 3000+ u into it.
In the following two months, there were three single-day pullbacks exceeding 20%. Some netizens who built positions together shared screenshots of their liquidation, while I only moved my stop-loss down by 5 points.
Short-term trading earns small profits; only by enduring volatility can one reap substantial rewards.
Last week, when taking profits in batches, I didn't feel ecstatic about having 300,000 u, only a sense of fear remained.
I have seen too many people leverage to get rich and then return to zero, and heard stories of being scammed in staking and mining, only to understand that the password of the crypto world is "survive."
I am still operating with a small position now, never daring to enter with a full position.
In fact, the distance from 5000u to 300000u is not measured by how many limit-up boards there are, but by overcoming the FOMO emotion of following the trend and adhering to trading discipline.