Last year, when my account balance dropped to one thousand, someone in my friend circle commented: "With this little principal, what can you even do in the crypto space?" But now that one thousand has grown to one million, and those who used to laugh at me are still staring at the K-line every day, struggling over whether to cut their losses.
Honestly, I don't have any extraordinary skills. I just figured out one thing—those who dream of getting rich overnight in crypto usually end up broke, while those who can make steady profits are the ones who thrive.
**Phase One: Using One Thousand to Train My Mindset**
Back then, I was pretty laid-back about it: after all, it was just a small amount; if I lost it all, I could just go back to work. That actually made me less afraid of losing. But I didn’t mess around—I set a few iron rules for myself. Looking back now, those rules were my protection.
**Only Trade Mainstream Coins** Small-cap coins are like roller coasters—up 50% today, down 80% tomorrow. Retail investors simply can't handle that. Mainstream coins have bigger market caps and more controllable volatility. Even if they drop, they rarely go to zero, making them the best choice for beginners to practice.
**Keep Leverage Under 20x** I've seen too many people use 100x leverage—when they win, it's a frenzy, but when they lose, they get liquidated instantly. That's not trading; that's gambling with your life. Through testing, I found that 20x is a safe range, so even when the market swings, your margin can hold out a bit longer.
**Operate with Half Position, Keep Half as Reserve** Out of the one thousand, I only used five hundred to enter the market; the other five hundred was kept strictly for emergencies. There was a time when the market suddenly swung wildly—thankfully, I had that five hundred to top up my margin just in time, or I would have been forcibly liquidated on the spot.
**Take Profit at 10%, Cut Loss at 5%** I opened at most two trades per day. If I hit my target profit, I cashed out; if I hit my stop-loss, I didn't hesitate. This discipline helped me avoid countless disasters.
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GasFeeCry
· 12-05 12:56
To be honest, I really agree with this logic, but 99% of people just can't execute it.
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CryptoMotivator
· 12-03 22:27
Turning 1,000 into a million sounds easy, but how many people can really stick to that kind of discipline? I know I can't stop every time after making just 10%.
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GateUser-0717ab66
· 12-03 20:51
To be honest, I agree with this set of principles. Especially the "take profits after earning 10%" part—many people laugh when they hear it and think it's too conservative, but in the end, it's this kind of conservative approach that survives the longest.
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MEVSupportGroup
· 12-03 20:49
Turning 1,000 into a million sounds great, but the reality is that most people can't even hold on to their initial 1,000, haha.
Last year, when my account balance dropped to one thousand, someone in my friend circle commented: "With this little principal, what can you even do in the crypto space?" But now that one thousand has grown to one million, and those who used to laugh at me are still staring at the K-line every day, struggling over whether to cut their losses.
Honestly, I don't have any extraordinary skills. I just figured out one thing—those who dream of getting rich overnight in crypto usually end up broke, while those who can make steady profits are the ones who thrive.
**Phase One: Using One Thousand to Train My Mindset**
Back then, I was pretty laid-back about it: after all, it was just a small amount; if I lost it all, I could just go back to work. That actually made me less afraid of losing. But I didn’t mess around—I set a few iron rules for myself. Looking back now, those rules were my protection.
**Only Trade Mainstream Coins**
Small-cap coins are like roller coasters—up 50% today, down 80% tomorrow. Retail investors simply can't handle that. Mainstream coins have bigger market caps and more controllable volatility. Even if they drop, they rarely go to zero, making them the best choice for beginners to practice.
**Keep Leverage Under 20x**
I've seen too many people use 100x leverage—when they win, it's a frenzy, but when they lose, they get liquidated instantly. That's not trading; that's gambling with your life. Through testing, I found that 20x is a safe range, so even when the market swings, your margin can hold out a bit longer.
**Operate with Half Position, Keep Half as Reserve**
Out of the one thousand, I only used five hundred to enter the market; the other five hundred was kept strictly for emergencies. There was a time when the market suddenly swung wildly—thankfully, I had that five hundred to top up my margin just in time, or I would have been forcibly liquidated on the spot.
**Take Profit at 10%, Cut Loss at 5%**
I opened at most two trades per day. If I hit my target profit, I cashed out; if I hit my stop-loss, I didn't hesitate. This discipline helped me avoid countless disasters.