How to turn a few thousand yuan into millions? For those high-volatility cryptocurrencies, I won't hide it—I have experienced huge losses and also managed to turn things around.
I still remember the time when my account was left with only 7,000 RMB, and I clenched my teeth to exchange for 1000U. It felt like betting everything on the future. But upon reflection, I didn't go all-in directly.
I started experimenting with 200U—
Focusing on the hottest cryptocurrencies of the day, selling immediately once doubled, and cutting losses if it fell below 50U. After several rounds of operations, the principal began to climb.
Honestly, the biggest enemy is actually your own mindset—
Every time my account surpassed the 1000U mark, I forced myself to rest for an entire day. Otherwise, that excitement would make me lose rationality, and all the previous gains would be lost.
Once my funds accumulated to a certain scale, I gradually developed a "layered deployment method"—
The first part of the capital is used for short-term timing: take profits at obvious points and exit completely, leaving no room for greed.
The second part follows trend swings: invest in stages, following the main market direction to catch medium-term trends.
The third part is for ambush tactics: keep some ammunition for critical moments; once a major trend starts, concentrate firepower.
Before placing each trade, I would mark three prices in advance—profit realization point, stop-loss red line, and the final retreat threshold. Traders who rely on gut feeling and reckless trading usually end up losing everything emotionally.
Here's a harsh reality: derivatives are just tools that magnify your decisions tenfold or even a hundredfold. If your judgment itself is flawed, amplification will only accelerate losses.
Over the years, I have established four unshakable rules for myself—
Never break them:
1. Never let the account run at full position
2. Every order must set a stop-loss level
3. Control the number of open positions within three per day
4. Take out a portion of profits once achieved
In the crypto world, many rely on luck to get initial capital, only to lose everything later through greed.
My ability to grow from 1000U to its current scale is not due to luck; frankly, it boils down to two words: doing it thoroughly—
When an opportunity arises, act decisively; always stay alert to your desires.
The market is changing, hot spots are rotating, cycles are repeating, but—discipline must remain consistent.
The market is always there, but not everyone can seize it. To avoid unnecessary detours and accurately catch market rhythms, the most important thing is to solidify your basic skills.
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BearMarketMonk
· 12-11 12:49
Discipline is easy to talk about but hard to practice; very few people can truly stick to it.
View OriginalReply0
Hash_Bandit
· 12-11 12:29
ngl the discipline part hits different... most people just yolo and wonder why they got liquidated lmao
Reply0
GasWaster69
· 12-11 12:28
Sounds like motivational advice, but honestly, it does make sense — most people just can't do it at all.
View OriginalReply0
TestnetScholar
· 12-11 12:25
That's right, mindset is indeed the most difficult part. I've also been knocked around by my emotions several times before I understood.
View OriginalReply0
MissedTheBoat
· 12-11 12:22
Discipline is easy to talk about, but how many people can actually stick to it?
---
No matter how perfect the stop-loss setup is, ultimately it still depends on your mental state. I understand this very well.
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The temptation of full position is indeed strong, but I've seen too many bloody cases where traders go all-in and then are directly liquidated.
---
I agree with the logic of layered planning, but executing it really requires self-control.
---
The key is how to find that balance point between excitement and rationality — easier said than done.
---
Doubling and then running away is really more stable; most people lose out by trying to catch the last leg of the market.
---
These four rules seem simple, but I’ve rarely seen traders who can follow all of them consistently.
Many people want to understand a question:
How to turn a few thousand yuan into millions? For those high-volatility cryptocurrencies, I won't hide it—I have experienced huge losses and also managed to turn things around.
I still remember the time when my account was left with only 7,000 RMB, and I clenched my teeth to exchange for 1000U. It felt like betting everything on the future. But upon reflection, I didn't go all-in directly.
I started experimenting with 200U—
Focusing on the hottest cryptocurrencies of the day, selling immediately once doubled, and cutting losses if it fell below 50U. After several rounds of operations, the principal began to climb.
Honestly, the biggest enemy is actually your own mindset—
Every time my account surpassed the 1000U mark, I forced myself to rest for an entire day. Otherwise, that excitement would make me lose rationality, and all the previous gains would be lost.
Once my funds accumulated to a certain scale, I gradually developed a "layered deployment method"—
The first part of the capital is used for short-term timing: take profits at obvious points and exit completely, leaving no room for greed.
The second part follows trend swings: invest in stages, following the main market direction to catch medium-term trends.
The third part is for ambush tactics: keep some ammunition for critical moments; once a major trend starts, concentrate firepower.
Before placing each trade, I would mark three prices in advance—profit realization point, stop-loss red line, and the final retreat threshold. Traders who rely on gut feeling and reckless trading usually end up losing everything emotionally.
Here's a harsh reality: derivatives are just tools that magnify your decisions tenfold or even a hundredfold. If your judgment itself is flawed, amplification will only accelerate losses.
Over the years, I have established four unshakable rules for myself—
Never break them:
1. Never let the account run at full position
2. Every order must set a stop-loss level
3. Control the number of open positions within three per day
4. Take out a portion of profits once achieved
In the crypto world, many rely on luck to get initial capital, only to lose everything later through greed.
My ability to grow from 1000U to its current scale is not due to luck; frankly, it boils down to two words: doing it thoroughly—
When an opportunity arises, act decisively; always stay alert to your desires.
The market is changing, hot spots are rotating, cycles are repeating, but—discipline must remain consistent.
The market is always there, but not everyone can seize it. To avoid unnecessary detours and accurately catch market rhythms, the most important thing is to solidify your basic skills.