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Many people enter the crypto space just hoping to get rich overnight. Let me tell you the honest truth: stop dreaming, first learn not to gamble recklessly!
I started with just a few thousand U, not some rich second generation, not a tycoon, just an ordinary retail investor, but my account balance is now A8.
You might not believe it, but that's the fact!
I never greed for how much I can make in one trade, I only look at whether this trade should be taken. How did I achieve financial freedom? Now I share my years of experience with you:
Stage 1: Control position size and practice$ETH
For example, split 1000U into 5 parts, 200U per position. Set stop loss and take profit for every trade; don't chase, don't hold against the trend, don't bet against the market, only take opportunities you understand.
Stage 2: Add positions after profit
After the account reaches 10000U, each trade should be controlled at around 25% of total position; if the market moves in trend, add positions in batches to capture the golden middle section of the trend.
Stage 3: Take profit and withdraw
After the account breaks 200k, start locking in a portion of profits every week and withdraw. Afraid of getting too cocky, stable cash in hand is the biggest profit!$RE
The fundamental reasons most people blow up: chaotic position management, no control; no stop loss, losing all the way; right direction but died from holding against the trend.
A follower who grew with me from 1200U to 28kU just withdrew yesterday and was too excited to sleep. We had a two-hour phone call, and seeing his journey and growth, I really felt gratified!$SOL
Follow Brother Jia, no bragging, no empty promises, only share practical experience to survive in the crypto space. If you are still losing repeatedly and starting over, come talk to me, I'll teach you to make trading simple.
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