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The flickering on the screen has become tiresome, but I haven't changed the rules. My experience in the crypto world over the years boils down to one thing—survive long enough to do well; it's more realistic than earning quickly.
I remember back when I started with 800 yuan, the group chat exploded instantly. "You're just throwing in pocket change?" "Someone giving away exchange fees!" Honestly, I ignored it. I divided the 800 into four parts, 200 each, following a strict rule: stop and reflect after each loss, never hold on stubbornly. Sticky notes on the table clearly marked four red lines—only trade Bitcoin and Ethereum, strictly stop-loss and take-profit, add positions when profitable, reduce when losing, and limit trading to no more than two hours a day.
In the past two weeks, I’ve been like a delivery rider—quick in and out. Slowly growing from 800 to 880, then to 1000. The growth isn’t fast, but I haven’t broken my rules. That’s the key—rules are not meant to be broken.
Why only focus on Bitcoin and Ethereum? It’s simple—90% of new coins will become worthless within a year. I know very well that relying on this capital, once you hit a trap, it’s game over. So the strategy must be cautious—these two are like the dollar and euro in the digital world, relatively stable, and most friendly to beginners.
Stop-loss and take-profit must have specific numbers. My standard is to close a position if it loses 3%, and sell when it gains 6%. This ratio may seem conservative, but even with only a 50% win rate, it can be profitable in the long run. The key is execution.
Most people fail due to overconfidence. They overestimate their judgment and panic during market fluctuations. The crypto world is never short of stories; what’s lacking is patience to last until the end. For small funds to survive, rules must be strictly adhered to.