Friends with less than 2000U in principal, I have to be honest with you: the most important thing now is not to dream of getting rich overnight, but to learn how to establish a foothold in the crypto world.
Last year, I mentored a trader who started with 1000U and within two months, grew the account to 45,000U. The entire process involved no liquidation and no major drawdowns. Some asked if it was luck; actually, it was achieved through three simple, almost trivial methods, executed with extreme stability.
**First method: Divide your funds into several parts; going all-in is a death sentence.**
Split 1000U into three portions. 300U for intraday short-term trading, opening at most one order per day, never greedily opening multiple; another 300U reserved for swing opportunities, only trading once every ten days or half a month; the remaining 400U as emergency funds, so even if you lose in the previous trades, you have capital to recover. This is especially critical—never go all-in, this is the first line of defense.
**Second method: Only trade the most confident signals, abandon everything else.**
Avoid sideways markets; most losses are actually caused by indecisive, choppy trends. When the trend is unclear, decisively stay out of the market and wait for opportunities. It’s better to miss some profits than to blindly lose money. Only act when the trend is very clear. Remember: good market conditions are not daily, but your principal’s "life" is at risk every day.
**Third method: Write down strict rules, so emotions have no room to interfere.**
Set a stop-loss at 2%, and execute it naturally, like eating. When profits reach 4%, immediately take half of the position off to lock in gains. When overall account profit exceeds 20% of the principal, transfer 30% to your wallet immediately, truly securing the gains. Never add positions during losses; this is the main reason 90% of people can’t turn their fortunes around. No gambling, no holding on blindly, no illusions that the market will pull back.
Now? This friend’s account has already surpassed 100,000U. More importantly, he doesn’t need to stay up all night watching the charts. Just spend ten minutes each day checking key levels, and follow the established rules.
If you want to turn things around, remember these: your principal must survive before talking about doubling. Diversify, wait for the right timing, control risks—these methods may sound dull, but they can save you three years of unnecessary detours. Looking for shortcuts? The fastest way in the crypto world has always been to slow down first.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Friends with less than 2000U in principal, I have to be honest with you: the most important thing now is not to dream of getting rich overnight, but to learn how to establish a foothold in the crypto world.
Last year, I mentored a trader who started with 1000U and within two months, grew the account to 45,000U. The entire process involved no liquidation and no major drawdowns. Some asked if it was luck; actually, it was achieved through three simple, almost trivial methods, executed with extreme stability.
**First method: Divide your funds into several parts; going all-in is a death sentence.**
Split 1000U into three portions. 300U for intraday short-term trading, opening at most one order per day, never greedily opening multiple; another 300U reserved for swing opportunities, only trading once every ten days or half a month; the remaining 400U as emergency funds, so even if you lose in the previous trades, you have capital to recover. This is especially critical—never go all-in, this is the first line of defense.
**Second method: Only trade the most confident signals, abandon everything else.**
Avoid sideways markets; most losses are actually caused by indecisive, choppy trends. When the trend is unclear, decisively stay out of the market and wait for opportunities. It’s better to miss some profits than to blindly lose money. Only act when the trend is very clear. Remember: good market conditions are not daily, but your principal’s "life" is at risk every day.
**Third method: Write down strict rules, so emotions have no room to interfere.**
Set a stop-loss at 2%, and execute it naturally, like eating. When profits reach 4%, immediately take half of the position off to lock in gains. When overall account profit exceeds 20% of the principal, transfer 30% to your wallet immediately, truly securing the gains. Never add positions during losses; this is the main reason 90% of people can’t turn their fortunes around. No gambling, no holding on blindly, no illusions that the market will pull back.
Now? This friend’s account has already surpassed 100,000U. More importantly, he doesn’t need to stay up all night watching the charts. Just spend ten minutes each day checking key levels, and follow the established rules.
If you want to turn things around, remember these: your principal must survive before talking about doubling. Diversify, wait for the right timing, control risks—these methods may sound dull, but they can save you three years of unnecessary detours. Looking for shortcuts? The fastest way in the crypto world has always been to slow down first.