Last year, I was just messing around and spent 20,000 yuan to enter this circle. My initial thought was to give up and not care anymore.
As a result, after three months, this account inexplicably skyrocketed to 2 million. Honestly, it’s not because of divine favor, but because I finally understood some of the tricks of this market.
Now the bull market has arrived, but I see very clearly—90% of people will still end up losing money because they simply don’t understand these iron rules below.
**Rule 1: Stop-loss and take-profit are more important than any technical you learn**
The most painful part of a bull market is here: your gains are not stolen by the market, but swallowed by your own greed, bite by bite.
This must be executed coldly like a machine: when hitting the stop-loss line, turn around and leave immediately—don’t hope for a rebound; when reaching the take-profit point, cash out immediately—don’t think it can still go up. Market opportunities are always there, but one margin call and you might be out.
To put it simply, the ability to make money comes from cognition; ignorance is the most expensive tuition. There’s an old saying in the circle: you can’t earn outside your cognition range, and those who rely on luck to make money will eventually lose because of their level.
**Rule 2: Full-time trading is not a shortcut**
Many people only see others’ screenshots but don’t see what’s behind them: staring at the screen for sixteen or seventeen hours a day, afraid of missing the market even lying in bed; the psychological pressure of a 30% drop overnight; after three years, still no stable profit.
If you don’t treat trading as a business to operate, don’t think about going all-in.
**Rule 3: After earning a million, the real challenge begins**
When the account hits seven figures, many people think they will be ecstatic, but the actual feeling is quite different—risk management, emotional fluctuations, decision-making pressure—all come at once. The more money you have, the more complex the considerations become. That’s the real test.
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GasFeeLover
· 6h ago
Wow, from 20,000 to 2 million, this luck is just too amazing... But to be honest, stop-loss and take-profit are indeed the Achilles' heel for most people.
Every time I see someone saying they make tens of thousands a day from full-time crypto trading, I just want to laugh. Staring at the screen for sixteen or seventeen hours isn't work, it's slow suicide.
Is the pressure greater after reaching a million? I believe it. Having more money actually makes it harder to sleep.
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TokenomicsPolice
· 6h ago
20,000 to 2,000,000? Is that real or just another survivor bias story?
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Talking about stop-loss and take-profit sounds simple, but actually implementing it is a hundred times more complicated than reading candlestick charts.
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I know a few people who used to be full-time crypto traders, and now they all say they are "investors" haha.
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The mental pressure after reaching a million is really eye-opening; having more money actually worsens sleep.
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Money outside of your cognitive range... sounds like a motivational quote but it’s actually true.
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How many people can truly execute like machines? Greed is something written in our DNA.
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Those guys who have been watching the market for three years without stable profits, they should have reflected on whether they need a different way of life.
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I believe you, but I also believe that surviving is partly due to luck.
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Before breaking seven figures, I kept dreaming about it, but once it actually happened, I started to feel anxious—that’s really how it is.
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If I can't earn outside my cognitive range, then how did I get these current gains?
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DancingCandles
· 6h ago
Breaking the jar and falling apart actually earned 2 million? I don't understand this logic, it just feels like a living textbook of survivor bias...
There's nothing wrong with setting stop-loss and take-profit points, but most people can't do it, including myself...
The full-time monitoring of the market is really exhausting. A friend tried it, but in the end, he still returned to being a salaried worker.
The troubles after reaching a million are indeed new problems, but for the vast majority of people, it's a bit far...
A 2万 to 100 times probability, feels like it's not much better than winning the lottery, right?
Money outside of one's cognitive scope is unearnable, this sentence hits hard.
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CrossChainMessenger
· 6h ago
Really, stop-loss is easy to talk about but hard to do. I've seen too many people stay up all night watching their gains.
Going from 20,000 to 2 million is indeed impressive, but that last sentence from this guy really hit me—more money actually makes it harder to sleep.
Money earned by luck will eventually have to be paid out, I agree with that.
The full-time market watching approach—my friend tried it, and after three years, he still lost everything. Now he doesn't even mention cryptocurrencies anymore.
Making a million is just the beginning of a nightmare; I never thought of that.
People who don't understand take-profit are ultimately just leeks; there's nothing new about that.
Breaking the jar and giving up actually turned out to be a win, which shows that sometimes, mindset really determines everything.
That 90% losing money figure is a bit scary; I feel like I'm right there in that 90%.
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GreenCandleCollector
· 6h ago
From 2 to 2 million, that takes incredible luck, haha. I think his discipline in stop-loss and take-profit is probably much better than mine, who’s more of a gambler.
Speaking of which, among the 90% of people losing money, I’m definitely one of them. Watching the market full-time is just too exhausting. A 30% drop overnight can totally break your mentality. It’s better to be more cautious.
Breaking seven figures is actually even more painful, I believe that. When you have more money, the pressure increases. Not everyone can handle that.
A bull market makes it easy to get carried away; not riding the wave also makes you afraid of missing out. The difficulty lies in finding that balance.
Money outside of your cognitive range really can’t be earned. That hits home. Many people just rely on luck to make a little profit and then lose it all.
Wait, did the account really only spend 20,000? That’s a very low probability. But I’ve heard a few stories like that. Choosing the right coin really makes all the difference.
As for going all-in, I’ve seen too many negative examples. It’s safer to control your position size.
Taking profits is especially tempting to be greedy. You always think it can go higher, but in the end, you earn less and lose more. I’ve fallen into that trap.
Last year, I was just messing around and spent 20,000 yuan to enter this circle. My initial thought was to give up and not care anymore.
As a result, after three months, this account inexplicably skyrocketed to 2 million. Honestly, it’s not because of divine favor, but because I finally understood some of the tricks of this market.
Now the bull market has arrived, but I see very clearly—90% of people will still end up losing money because they simply don’t understand these iron rules below.
**Rule 1: Stop-loss and take-profit are more important than any technical you learn**
The most painful part of a bull market is here: your gains are not stolen by the market, but swallowed by your own greed, bite by bite.
This must be executed coldly like a machine: when hitting the stop-loss line, turn around and leave immediately—don’t hope for a rebound; when reaching the take-profit point, cash out immediately—don’t think it can still go up. Market opportunities are always there, but one margin call and you might be out.
To put it simply, the ability to make money comes from cognition; ignorance is the most expensive tuition. There’s an old saying in the circle: you can’t earn outside your cognition range, and those who rely on luck to make money will eventually lose because of their level.
**Rule 2: Full-time trading is not a shortcut**
Many people only see others’ screenshots but don’t see what’s behind them: staring at the screen for sixteen or seventeen hours a day, afraid of missing the market even lying in bed; the psychological pressure of a 30% drop overnight; after three years, still no stable profit.
If you don’t treat trading as a business to operate, don’t think about going all-in.
**Rule 3: After earning a million, the real challenge begins**
When the account hits seven figures, many people think they will be ecstatic, but the actual feeling is quite different—risk management, emotional fluctuations, decision-making pressure—all come at once. The more money you have, the more complex the considerations become. That’s the real test.