$BR Ten Years of Cryptocurrency Trading: From Naive Beginnings to Steady Profits

In 2016, I got into cryptocurrency trading by chance. At the time, someone around me was making money from it. My head went hot, and I put all my saved 20,000 yuan into it.

At first, I knew nothing. I just followed others and bought blindly. In just a few days, I lost more than half. I was anxious and frantic, but had no way to do anything about it.

However, I didn’t give up. Instead, I started learning like crazy. Slowly, I managed to figure out some practical takeaways.

First, diversification is the key.

Don’t put all your funds into one coin. I split my capital into multiple portions and invest in different types of coins, including mainstream coins and promising small-cap altcoins.

Just like before, I put some of my funds into relatively stable coins like Bitcoin, and the other part into some smaller coins with innovative technology.

That way, even if one coin doesn’t perform well, the others may bring returns, balancing the overall risk.

Second, set strict stop-loss and take-profit rules.

Crypto markets have big fluctuations. If you don’t set stop-loss and take-profit, it’s easy to give back your profits—or even end up with even bigger losses.

I set rules for myself: when a trade reaches a profit of 20%, I take partial profits; when the loss exceeds 10%, I cut losses decisively.

There was an altcoin I bought that was trending upward nicely. I didn’t get greedy, and I took profits according to the plan. Later, that coin quickly crashed, and I dodged a disaster.

Third, stay calm and don’t let emotions get the better of you.

The market can change in an instant. When you see others making money, don’t get jealous; when you’re losing money, don’t panic. $BIO

There was a time when the market dropped hard. Many people panicked and sold off. I calmly analyzed and found that the fundamentals of the coins I held hadn’t changed. I stuck with it. Later, the market recovered, and I reaped a lot.

After eight years of trading, I’ve had both gains and losses, but I’ve kept growing. Cryptocurrency trading is like a marathon—not about who runs fastest for a moment, but about who can make it to the end.

As long as we keep learning, master the methods, and maintain a good mindset, we can find our own place in this challenging market and gain our own wealth and growth.