How long does it really take to make your first fortune in the crypto world?


Eight characters: Don’t make small money, don’t lose big money.
Everyone understands the principle, but few can do it.
Let me tell a real example: I know someone who invested 50k USD, and when it rose to 53k USD, he sold out, making a 6% profit and was overjoyed.
As a result, the market surged all the way to 68k USD, and he lost 30% of his profit slipping through his fingers.
He patted his thigh and said, “Next time, I’ll definitely hold on.”
Later, the price fell back to 50k USD, even down to 47k USD, and he thought, “This time, I should hold on,” but in the end, he couldn’t withstand it and was stopped out.
See, how many people spend their whole lives bouncing between “fear of missing out” and “fear of retracement,” never able to break free.
How to break the cycle?
After years of exploration, I’ve developed a strategy: choose coins that have bottomed out and stabilized, don’t guess the bottom, buy in batches, and let profits fly.
1. Building a position: Don’t buy at the bottom, wait for stabilization.
Avoid new coins that have surged dramatically. Only select those that have fallen deeply, started consolidating at low levels, and are gradually climbing back.
Start with 10% of your funds to build an observation position. Don’t aim to buy at the lowest point, just at the start of the trend.
A bit slower, but more reassuring.

2. Adding positions: When the trend is clear, add on dips.
Once the trend truly emerges and a healthy correction occurs, add 20%-30% in batches.
A higher cost isn’t a problem; certainty is far more important than price.
This helps you avoid being caught in the middle of a climb.
3. Exiting: Lock in profits, don’t chase the last bit.
After a price surge, first withdraw your principal and part of the profit to ensure this trade is safe.
Set a trailing stop for the remaining position, and sell once it hits $USDC , no fantasies.
Remember, money not in your bank account is just a number.
Last year, I helped a friend who had lost over 600,000 yuan and couldn’t sleep all night.
Using this “simple method,” over half a year, he not only recovered all his losses but also bought a Model 3.
On the day he picked up the car, he sent me a photo and said, “I used to think I’d never turn my life around.”
The crypto world is never short of clever troublemakers, always chasing the next hot spot.
What’s truly scarce are those who can control their hands, be patient, and execute simple rules consistently—“dumb people.”

Are you still eager to keep chasing “being smart,” or are you willing to try this “dumb” method that can help you “survive and live well”? $BTC
BTC-4.30%
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments