Many people ask me a question: I don't have much money, can I really make a name for myself in the crypto world?
My answer is very straightforward: Yes. But the premise is that you need a set of effective strategies, and more importantly, you must be able to preserve the profits you make.
Let me share my own experience. When I started, I only had about 7,000 yuan, which is roughly 1,000 USDT if converted. Although it doesn't seem like much, I discovered a key point: making money or not isn't determined by the principal, but by your operational mindset.
**First tactic: Steady and cautious, don't go all-in at the start**
I didn't put all my money in at once, but started with 20% to test the waters. When entering the market, I paid special attention to three things: selecting highly active coins, keeping an eye on market hot spots, and most importantly—take profits quickly when profitable, and admit defeat when losing. Specifically, take profits immediately when targets are reached, exit decisively when the market moves against you, and never try to chase missed opportunities. Also, set a stop-loss line for yourself; once losses reach that point, you must exit, so emotions don't dictate your decisions. After several rounds of this approach, my principal steadily grew.
**Second tactic: Take a break after making profits, don't be greedy**
Many people's problem isn't that they can't make money, but that they can't control themselves after earning it. I have a simple iron rule: if a single trade yields a significant profit, stop for the day, no matter how tempting the market is. The benefits of this are twofold: it prevents a series of losses, and helps you stay calm, avoiding impulsive trading that can lead to self-destructive actions.
**Third tactic: Layered positioning, orderly position increases**
As your funds gradually increase, your approach also upgrades. Short-term trading is used to capture volatility and seize clear rhythm points, but I don't obsess over watching the screen constantly; medium- and long-term positions follow the overall trend, using dollar-cost averaging to reduce risk; also, keep some funds idle, preparing for potential big market moves. Before each trade, I set take-profit and stop-loss points in advance, minimizing emotional decision-making.
**Fourth tactic: Always leave yourself an exit route**
Over the years, I have adhered to four bottom lines: First, never fully commit all your capital, leave room for maneuvering; second, set stop-losses on every trade to prevent unlimited losses; third, control the number of trades per day, avoid turning into a trading machine; fourth, periodically withdraw profits to an external account, so the numbers in your account won't cloud your judgment.
Ultimately, controlling yourself is much more difficult than controlling the market. Many people have actually made money but failed to hold onto it. From small funds to where I am now, I’ve learned this deeply: respect the market, restrain yourself.
No matter how much money you start with, as long as you master these four strategies, you can go further in the crypto space.
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SelfMadeRuggee
· 9h ago
That's right, the key is really self-discipline. I just lost because of frequent trading; I earned but lost it all back.
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ContractHunter
· 9h ago
That's right, the key is really self-discipline... I previously fell into greed, wanting to double my earnings after making a little profit, and ended up losing everything in a single all-in bet.
It sounds simple, but it's hard to practice. Who doesn't want to earn more?
Turning 7,000 yuan into what it is now isn't just luck; you still need a systematic approach.
Stop-loss is the biggest test of human nature; very few can actually stick to it.
View OriginalReply0
SatoshiNotNakamoto
· 9h ago
It sounds good, but the key is to endure those few rounds of sharp declines.
View OriginalReply0
DataOnlooker
· 9h ago
That's right, I'm just afraid that making money will lead to even bigger losses. I've seen too many people like that.
View OriginalReply0
MevShadowranger
· 9h ago
It sounds good, but how many people can truly stick to stop-loss? I've seen too many who make a profit only to lose it all back.
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AirdropHermit
· 9h ago
To be honest, reaching this point with 7000 yuan, maintaining the right mindset is truly the most important. Making money is easy, but holding onto it is difficult.
View OriginalReply0
ColdWalletGuardian
· 9h ago
It's easy to talk about it nicely, but the key is discipline, which most people can't achieve.
Many people ask me a question: I don't have much money, can I really make a name for myself in the crypto world?
My answer is very straightforward: Yes. But the premise is that you need a set of effective strategies, and more importantly, you must be able to preserve the profits you make.
Let me share my own experience. When I started, I only had about 7,000 yuan, which is roughly 1,000 USDT if converted. Although it doesn't seem like much, I discovered a key point: making money or not isn't determined by the principal, but by your operational mindset.
**First tactic: Steady and cautious, don't go all-in at the start**
I didn't put all my money in at once, but started with 20% to test the waters. When entering the market, I paid special attention to three things: selecting highly active coins, keeping an eye on market hot spots, and most importantly—take profits quickly when profitable, and admit defeat when losing. Specifically, take profits immediately when targets are reached, exit decisively when the market moves against you, and never try to chase missed opportunities. Also, set a stop-loss line for yourself; once losses reach that point, you must exit, so emotions don't dictate your decisions. After several rounds of this approach, my principal steadily grew.
**Second tactic: Take a break after making profits, don't be greedy**
Many people's problem isn't that they can't make money, but that they can't control themselves after earning it. I have a simple iron rule: if a single trade yields a significant profit, stop for the day, no matter how tempting the market is. The benefits of this are twofold: it prevents a series of losses, and helps you stay calm, avoiding impulsive trading that can lead to self-destructive actions.
**Third tactic: Layered positioning, orderly position increases**
As your funds gradually increase, your approach also upgrades. Short-term trading is used to capture volatility and seize clear rhythm points, but I don't obsess over watching the screen constantly; medium- and long-term positions follow the overall trend, using dollar-cost averaging to reduce risk; also, keep some funds idle, preparing for potential big market moves. Before each trade, I set take-profit and stop-loss points in advance, minimizing emotional decision-making.
**Fourth tactic: Always leave yourself an exit route**
Over the years, I have adhered to four bottom lines: First, never fully commit all your capital, leave room for maneuvering; second, set stop-losses on every trade to prevent unlimited losses; third, control the number of trades per day, avoid turning into a trading machine; fourth, periodically withdraw profits to an external account, so the numbers in your account won't cloud your judgment.
Ultimately, controlling yourself is much more difficult than controlling the market. Many people have actually made money but failed to hold onto it. From small funds to where I am now, I’ve learned this deeply: respect the market, restrain yourself.
No matter how much money you start with, as long as you master these four strategies, you can go further in the crypto space.