Many people enter the market to speculate on cryptocurrencies, dreaming of a quick turnaround. What I want to say is that those stories claiming "one shot to get rich overnight" are mostly survivor bias. Retail investors who start with small funds rely not on luck, but on discipline.
I initially had only 7,000 yuan, which I converted into 1,000 USDT to enter the market. Honestly, at that time, it was a desperate gamble pushed to the limit. But after entering, I didn’t go all-in right away. Instead, I used 200 USDT as a "scouting troop," focusing only on the most explosive coins, and would exit immediately once I doubled my investment. If I lost 50 USDT, I would cut losses unconditionally, no hesitation.
After winning several rounds, the principal began to grow noticeably. The biggest enemy at this point was greed. Every time my account gained an extra thousand yuan, I would force myself to take a break, stopping trading for an entire day. It sounds silly, but those who do this tend to live the longest.
Once the principal accumulated to a certain scale, I developed the "combination trading method." Part of the funds is used for short-term "lightning strikes" — jumping in when opportunities arise, taking profits when the time is right, and never being greedy. Another part is for dollar-cost averaging, following the long-term trend completely, regardless of ups and downs. The last part is for patiently waiting, ready to strike when the market truly explodes.
The key is — **before placing each order, the take-profit and stop-loss points must be clearly etched in your mind**. Orders without a plan, driven purely by impulse, nine out of ten times are eaten alive by your emotions. Futures trading itself isn’t magic; it’s just an amplifier that magnifies your correctness or mistakes, letting you taste what true "excitement" feels like.
To survive longer, I set four unshakable rules for myself:
**Rule 1**: Never go all-in. Leave a backup, so you have a chance to turn things around in the next round.
**Rule 2**: Every trade must have a stop-loss. Lock in potential losses from the start, leaving no room for emotional reactions.
**Rule 3**: No more than three trades per day. Greed leads to mistakes; fewer trades help you focus on each step.
**Rule 4**: Take profits and withdraw. The numbers in your account don’t count; only cashing out is real security.
Over the years, I’ve seen many people start to get cocky after a few lucky wins, only to lose everything due to greed. The reason I’ve been able to go from 1,000 USDT to where I am now is because I am ruthless about the market and even more ruthless with myself. It’s not that I have some secret; it’s just sticking to these "boring and painful" rules, executing them repeatedly, and not slacking off.
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SelfSovereignSteve
· 21h ago
Alright, that makes sense. I'm just worried that most people will forget right after listening, and when the market moves again, they'll go all-in with full positions.
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BlockchainBard
· 21h ago
To be honest, this set of rules can indeed last a long time, but most people won't survive long enough to see the day they start earning profits.
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FlatTax
· 21h ago
Plainly put, the one who lives long enough wins. The moment you get greedy, you should slap yourself.
View OriginalReply0
UnluckyMiner
· 22h ago
In other words, only those who live longer can win, it's not about one big profit.
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PessimisticOracle
· 22h ago
To be honest, the stop-loss is the real watershed; most people fail because they can't let go of those two words.
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ProveMyZK
· 22h ago
To be honest, stop-loss is the dividing line between surviving and getting wiped out. If you can't stick to it, just wait to get liquidated.
Many people enter the market to speculate on cryptocurrencies, dreaming of a quick turnaround. What I want to say is that those stories claiming "one shot to get rich overnight" are mostly survivor bias. Retail investors who start with small funds rely not on luck, but on discipline.
I initially had only 7,000 yuan, which I converted into 1,000 USDT to enter the market. Honestly, at that time, it was a desperate gamble pushed to the limit. But after entering, I didn’t go all-in right away. Instead, I used 200 USDT as a "scouting troop," focusing only on the most explosive coins, and would exit immediately once I doubled my investment. If I lost 50 USDT, I would cut losses unconditionally, no hesitation.
After winning several rounds, the principal began to grow noticeably. The biggest enemy at this point was greed. Every time my account gained an extra thousand yuan, I would force myself to take a break, stopping trading for an entire day. It sounds silly, but those who do this tend to live the longest.
Once the principal accumulated to a certain scale, I developed the "combination trading method." Part of the funds is used for short-term "lightning strikes" — jumping in when opportunities arise, taking profits when the time is right, and never being greedy. Another part is for dollar-cost averaging, following the long-term trend completely, regardless of ups and downs. The last part is for patiently waiting, ready to strike when the market truly explodes.
The key is — **before placing each order, the take-profit and stop-loss points must be clearly etched in your mind**. Orders without a plan, driven purely by impulse, nine out of ten times are eaten alive by your emotions. Futures trading itself isn’t magic; it’s just an amplifier that magnifies your correctness or mistakes, letting you taste what true "excitement" feels like.
To survive longer, I set four unshakable rules for myself:
**Rule 1**: Never go all-in. Leave a backup, so you have a chance to turn things around in the next round.
**Rule 2**: Every trade must have a stop-loss. Lock in potential losses from the start, leaving no room for emotional reactions.
**Rule 3**: No more than three trades per day. Greed leads to mistakes; fewer trades help you focus on each step.
**Rule 4**: Take profits and withdraw. The numbers in your account don’t count; only cashing out is real security.
Over the years, I’ve seen many people start to get cocky after a few lucky wins, only to lose everything due to greed. The reason I’ve been able to go from 1,000 USDT to where I am now is because I am ruthless about the market and even more ruthless with myself. It’s not that I have some secret; it’s just sticking to these "boring and painful" rules, executing them repeatedly, and not slacking off.