Someone asked me, how have I managed to get through the past three years in the crypto world? I've experienced the ups and downs of $RIVER and $ETH markets. Today, I won't talk about technical indicators; I'll just be straightforward and share some practical insights.



My account started with 1000U. That money was my "tuition fee" I set for myself—something I wouldn't regret losing. Now, my account has grown to seven figures.

**Surviving is the first step (from 1000U to 10,000U)**

Back then, I didn't think about getting rich overnight. My only goal was—don't lose everything. To achieve this, I set two strict rules: never lose more than 2% on a single trade, and take some profits off the table once I gained 20%.

Sounds conservative? Yes, but it was this "stinginess" that saved me during several market crashes later on. Many people, driven by greed, got wiped out during 30% drawdowns. I didn't.

**Find your rhythm, avoid FOMO (from 10,000U to 100,000U)**

I started keeping a trading journal, clearly noting the reasons for each entry and exit. This habit changed my entire trading mindset.

Once, a coin tripled in three days, and everyone in the group was hyping it up. I didn't move. A week later, it returned to the original price. At that time, some said I was "too timid," but I was earning what I should, while they lost what they should. In the market, survival is more important than anything.

**Inner demons are the biggest opponent (from 100,000U to 1,000,000U)**

The more money you have, the more your emotions fluctuate. That's my experience. I found a trading partner who could "call me out." Once, during a particularly crazy market, he sent me a "?"—that moment, I calmed down and exited my position. Later, the market dropped 30%.

That’s when I truly understood: consistent profits are more valuable than a sudden windfall. Explosive gains rely on luck; stability depends on discipline.

**A few heartfelt words**

All the stories you hear about "getting rich overnight" are survivor bias. Those who lost everything, no one tells their stories.

The size of your account ultimately depends on your level of understanding. Money doesn't appear out of nowhere; it flows to those who understand it.

And, don’t let the numbers in your account control you. If trading keeps you awake at night, it means you're risking too much.

There are no shortcuts on this path—only disciplined repetition, continuous refinement, and a clear understanding of yourself. Maybe this year, we can all navigate the volatility and become traders who understand themselves better. Currently, I’ve closed 80% of my positions and am watching for the next opportunity.
ETH7,32%
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
SignatureLiquidatorvip
· 17h ago
Discipline is really the most reliable cheat code, but most people still can't change their greedy nature.
View OriginalReply0
Ramen_Until_Richvip
· 01-12 02:48
Basically, only being alive allows you to make money; everything else is nonsense.
View OriginalReply0
MoneyBurnerSocietyvip
· 01-12 02:47
Damn, I've heard the 2% stop-loss strategy a hundred times, but the ones who can truly stick to it... you're here.
View OriginalReply0
AmateurDAOWatchervip
· 01-12 02:44
Listening closely, I realize that what this guy is really saying is one thing: living is the most important, everything else is虚的
View OriginalReply0
SignatureDeniedvip
· 01-12 02:44
Sounds good, but those who truly survive know that discipline is easy to talk about but hard to practice.
View OriginalReply0
BlockchainFriesvip
· 01-12 02:42
Discipline can really change fate, it's not a joke. --- Honestly, I also use the 2% stop-loss strategy; I survived early on because of it. --- Seven figures, right? I think closing 80% of the position is to prepare for the next wave? --- The most heartbreaking thing is the phrase "survivor bias." How many people go all-in after hearing a story. --- The habit of keeping a trading journal is indeed awesome. I do it every day now, and looking back, I realize which decisions were made out of desperation. --- Stories of overnight wealth are useless no matter how many you hear; making money while alive is the real key. --- That story about "?" resonated with me so much. Having a clear-headed person around can really save your life.
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)