There are always people who attribute my success to having a large capital, but the truth is often unexpected.
"Bin Ge, you're now traveling the world and achieving financial freedom; you must have started with hundreds of thousands, right?" Every time I hear such questions, I can only smile bitterly. Ten years ago, I entered the cryptocurrency world with only 2000 yuan, and at my lowest, I was left with just 1000 yuan, feeling anxious even about having a meal.
When I first entered the circle, like most newcomers, my mind was full of fantasies of 'getting rich overnight'. Chasing highs and lows, using high leverage, going all in on altcoins... The result is predictable; I was severely educated by the market.
Lying in bed staring at the ceiling that night, I suddenly realized: the crypto world is not a casino, but a professional battlefield.
01 Bloody lessons: survival rules learned from losses
The biggest mistake I made back then was being obsessed with high-leverage contract trading. Seeing others making multiples overnight made me think I could too. What happened? Frequent trading, emotional decision-making, and not cutting losses; I fell into every one of these traps.
The most painful experience was when I opened 5x leverage to go long on an altcoin, thinking I had caught the bottom, only to encounter a sharp drop that caused me to liquidate. At that moment, I realized that contracts are not something beginners should touch, especially when you don’t understand position management.
A friend who entered the market at the same time as me is still constantly putting in money, getting liquidated, and then putting in more. He always believes the next time he can turn it around, and the snowball keeps getting bigger. This is a typical gambler's mentality and the reason why most people lose money.
The first lesson for survival in the crypto world: staying alive is more important than making quick money. Only by ensuring you don’t lose everything can you have the chance to see tomorrow's sun.
02 Practical strategies for small capital to turn around
When I was left with only 1000 yuan, I decided to completely change my strategy.
I divided my funds into 10 parts, each 100 yuan. Each time, I only used one part to open 3x leverage, solely trading mainstream coins and resolutely avoiding altcoins. If profits exceed 10%, I immediately withdraw the principal portion, leaving only the profits in the market to continue running.
I set three iron rules for myself:
First, only choose mainstream coins in the top 20 by market cap, completely avoiding seemingly attractive altcoins.
Second, only look at the market once a day to avoid being influenced by short-term fluctuations.
Third, withdraw part of the profits regularly every Friday to develop the habit of harvesting.
This method sounds simple, but the hardest part of execution is controlling greed. Once, the coin I held rose by 50% in a day, and my instinct was to hold on, but I sold half as planned. The next day, it plummeted by 30%, and I managed to keep most of my profits.
03 Six key insights for survival in the crypto world
After years of struggling in the crypto world, I summarized six core insights:
After a sharp drop, a weak rebound is likely a sign of the main force unloading. Many people see the price drop and rush to buy the dip, only to find themselves buying halfway up the mountain. My experience is to wait until the trend stabilizes before entering; it’s better to earn less than to lose money.
High volume at a peak doesn’t necessarily mean it’s the top, but low volume should raise alerts. If the price lingers at a high level while trading volume continues to shrink, it indicates weakening interest from funds; at this time, consider reducing your position.
A single volume increase at the bottom is not trustworthy; continuous volume is the real signal. Accumulation by the big players takes time and won’t be completed in a day. When you see volume at the bottom, observe for a few more days to confirm sustained capital inflow before acting.
There’s no need to obsess over complex indicators; the relationship between volume and price is the most honest language. I used to be obsessed with various technical indicators, but later found that the simplest volume-price relationship is the most effective judgment tool.
Position management is key to survival. I adopt a pyramid-style position increase method: the lower the price, the larger the position I buy, and as the price rises, I gradually reduce the position increase ratio. This way, I can control risk while seizing opportunities.
Cultivate a calm mind; being able to wait with an empty position is real skill. The crypto world is never short of opportunities; what it lacks is patience. When the market has no clear direction, waiting with an empty position is the best strategy.
04 Sincere advice for newcomers
If you’ve just entered the crypto world, I want to give you a few suggestions:
First, practice the basics before going to battle. Don’t rush to put all your funds in just because the account is newly opened. At the very least, learn to read candlestick charts and understand basic blockchain principles before taking action.
Never operate with full capital. I’ve seen too many tragedies where people put everything in and then lost it all. Buy in batches and always keep a certain percentage of backup funds.
Be mentally prepared to pay tuition fees. There are no myths in the crypto world, only probabilities. It’s normal to incur losses at the beginning; the key is to learn lessons from them.
What I want to say most is: in this market, slow is fast, and less is more. The methods that seem the dumbest are often the most sustainable.
I remember that time when I seized a small market movement in Bitcoin with a capital of 100 yuan, making a 30% profit with 3x leverage before decisively exiting. Although the absolute value isn’t much, according to my capital management strategy, this success built my confidence and experience for future operations. The significance of small capital lies not in how much you can earn at once, but in validating the correctness of your approach.
The crypto world is never short of stars, but it lacks longevity. When I stuck to my trading system, my account slowly grew from 1000 yuan to over 10,000 yuan in six months. What’s important is not the numbers, but that I finally found a rhythm that suits me. Follow Bin Ge to learn more firsthand information and crypto knowledge, accurate points, and become your navigation in the crypto world. Learning is your greatest wealth!#加密市场反弹 #易理华旗下TrendResearch减仓 $ETH
