#数字资产动态追踪 I have experienced the entire process of going from 7,000 to a million-level.



In the early days, my account only had 7,000, so I directly exchanged it for 1,000-dollar stablecoins, with no backup plan. For the first trade, I only dared to use 200 to try, choosing the most popular coin of the day, and I would close the position immediately after doubling my profit. If I lost 50, I would cut it decisively.

I did this one trade at a time, gradually growing the principal. The most frustrating part was not the market itself, but self-management — every time the account increased by more than a thousand, I would force myself to take a day off, and I had to wait before doing anything again. The benefit of this approach is that it allows you to calm down and see your true trading level clearly.

Once the principal reached a certain size, I divided the funds into three pools:

The first continued to do short-term swings, entering and exiting quickly, never aiming to ride the entire market; the second was for dollar-cost averaging, buying according to a plan, not paying attention to emotions, just following the larger cycle; the third was the reserve fund, waiting for truly big opportunities to appear, and I wouldn’t touch it normally.

Before each trade, I would clearly mark two numbers on paper or in my mind — where to sell to take profit, and where to admit defeat and cut losses. Putting this plan in front of you makes it less easy for greed and fear to control your fingers. I have involved in coins like $BTC, $BNB, $RIVER, but the logic is the same.

Over the years, I have been following four iron rules:

— Never bet all chips on a single trade;
— Every trade must have a stop-loss, no exceptions;
— No more than three trades per day, and I must resist the urge to chase profits;
— Regularly withdraw the profits to stablecoins or fiat accounts.

I have seen too many people think they’ve found the secret to wealth just because of one or two lucky trades, only to become greedy and give back all their gains, even losing their principal. From starting with a few hundred stablecoins to the current scale, honestly, it all comes down to two words: have judgment about the market, and be ruthless with yourself.
BTC-0,28%
BNB-1,5%
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
  • 6
  • Repost
  • Share
Comment
0/400
nft_widowvip
· 01-06 14:57
Oh no, I really need to learn this stop-loss discipline well. I always hold on stubbornly and am unwilling to admit defeat.
View OriginalReply0
LiquidationWatchervip
· 01-05 20:41
It sounds good, but how many people can truly implement this discipline?
View OriginalReply0
LiquidationWatchervip
· 01-03 15:30
To be honest, I agree with this self-management logic, but the key is whether it can be truly implemented. Most people read it and then forget about it; there are very few who can stick to only placing three orders a day, or who take a forced day off when they see a rise.
View OriginalReply0
ser_we_are_earlyvip
· 01-03 15:25
That's right, self-discipline is truly the first lesson in making money. --- Taking a day off is a brilliant move; many people start to get carried away after winning a few rounds. --- I understand the idea of dividing the three pools; it's just to prevent myself from losing control. --- Stop-loss is easier to talk about than to do; watching the price fall and still cutting requires real determination. --- The last two words hit the mark; greed is indeed the devil. --- Going from 7,000 to a million definitely takes time to accumulate, but the prerequisite is to live long enough. --- I think the limit of three trades per day is key; otherwise, it's easy to overtrade and wipe out the profits.
View OriginalReply0
ForkMastervip
· 01-03 15:20
Hmm... I've heard this spiel too many times before. Every time it's "I went from a few thousand bucks to a million," but what’s the result? Most of the time, it's survivor bias being exaggerated. But on the other hand, the three pools trick does have some merit; I just wonder if this guy has truly experienced the 2022 crash wave. My own experience is that stop-loss is easy to talk about but the hardest to actually do — a couple of days ago, all three kids fell ill at the same time, and I almost couldn't resist checking the market, nearly blowing up my position on the betting agreement. The key is still that old saying: staying alive is more important than making money.
View OriginalReply0
GasFeeAssassinvip
· 01-03 15:10
Wow, the level of self-discipline is really intense. I couldn't even handle a limit of three orders a day anymore, haha.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)