Newcomers in the crypto world generally fall into a strange cycle — initially full of dreams of "getting rich overnight," but eventually losing all their principal due to a gambler's mentality.



A friend started with 1200U, with no background support, just an ordinary retail investor. Now, his account balance is stable at the 66 million level. He never worries about "how much can I make," but instead focuses on the judgment of "should I take action."

His core insights can be divided into three stages —

**Survival Stage: Diversify positions, staying alive is winning**

Split 1200U into 6 parts, each 200U, operated independently. Sounds conservative? That’s the key. Every trade must set stop-loss and take-profit, never relying on luck. No chasing orders, no holding through losses, no going against the trend. Only take opportunities you understand, even if daily gains are small, it doesn’t matter.

**Growth Stage: Add positions in line with the trend, hold onto the middle of the trend**

Once the account exceeds 12,000U, enter the second stage. At this point, each position is strictly controlled within 30% of the total funds. When the market moves favorably, build positions gradually. Don’t chase the top or the tail; steadily secure profits during the trend.

**Harvest Stage: Regular withdrawals, stability is the greatest profit**

After the account surpasses 300,000U, lock in profits and withdraw weekly. This is not out of fear of losses, but to prevent impulsive actions after gains. Taking profits is essential to preserve gains and achieve compound growth.

Most liquidations happen because of three pitfalls: blindly doubling down without planning, never setting stop-losses, and correctly identifying the trend but stubbornly holding without taking profits.

The crypto world is not a lonely battlefield. Without reliable information channels and trading communities, even with great effort, it’s easy to fall into traps. Risk management and position control are always the top priorities.
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
  • 4
  • Repost
  • Share
Comment
0/400
DeepRabbitHolevip
· 7h ago
Stop-loss and take-profit really can save lives. My roommate just refuses to admit it. Now their account is wiped out, haha.
View OriginalReply0
MEVHunterNoLossvip
· 8h ago
This friend has truly gained insight; those who make real money do it this way. --- Stop-loss and take-profit may sound simple, but few can actually do it. --- From 1200u to 66 million? That's not a dream, it's pure compound interest. --- The key is attitude; don't think about getting rich overnight, just be steady. --- Position management is always the top priority; I need to tattoo this on my brain. --- Getting carried away and making reckless moves is very real; that's how I got cut. --- Those who don't set stop-losses are just coming to give away money, no exceptions. --- Weekly lock-in and withdrawal is a brilliant move to prevent self-sabotage. --- Having stepped into all three pits, I now understand what risk management really means. --- Retail investors who make it to the harvest period have already won against most people.
View OriginalReply0
GasFeeCrybabyvip
· 8h ago
Stop loss and take profit—it's easy to talk about but very hard to do. Only a few can truly stick to it. Turning 1200U into 66 million, just hearing about it is like a legend, but the logic is indeed sound. I just want to ask, how many people can really withdraw their funds rationally when they are making a fortune? Most probably have already gone all-in. Diversifying positions is the most important thing to survive; it's more important than anything else. But some people insist on going all-in. I've said it before, in the crypto world, nine and a half out of ten projects look dead or dying, and the remaining ones are just gambling.
View OriginalReply0
ApeDegenvip
· 8h ago
Really? $1200 can turn into $66 million, how much patience does this guy have... Once a gambler's mentality slips, everything is gone, that's just how it is. This methodology sounds boring, but it’s the only way to survive. Most people simply can't be this diversified. Stop-loss is the hardest part; always thinking it might rebound, and end up holding on stubbornly. Diversifying positions is truly a fundamental skill, a risk-averse trading approach. I remember the 30% position ceiling; I need to execute it properly this time. You're right, without reliable information sources, it's like blind men touching an elephant—losses come quickly. I want to get a tattoo of the saying "Lock in profits."
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)