From 100,000 to Millions of U: I Only Persist in 4 "Very Foolish" Things

Everyone I know understands: I have never believed in the story of “Rich Overnight.” The crypto market is not a place for miracles; it’s a brutal filtering game. After many years in this market, I have witnessed quite a few traders called “Genius” who also burn out their accounts and quietly exit the game. Conversely, I see many people who seem slow, even considered conservative, but quietly accumulate a seven-figure wealth. I once knew an older guy in the industry. He started with only 100,000 capital, and now his total assets have surpassed a million U.S. dollars. One time, over a beer, he told me a very honest thing: “Most people in crypto are not investing; they are gambling with emotions. As long as you keep a cool head, the market will become a money-printing machine for you.” Looking back on my journey, I realize I also rose thanks to very simple methods, even criticized by others as “stupid.” But those very things helped me survive and grow long-term. Today, I want to share those 4 core principles.

1. Avoid Greed at the End, Prevent Account Burnout The biggest mistake beginners make is obsessing over small profits. In the beginning, I used to take profits too early: a 5% increase and I’d sell, only to see the market rise another 200–300%. Later, I became “wiser,” decided to hold longer, and refused to take profits. The result was a market reversal, profits wiped out, and even losses exceeding the initial capital. This is the “Small Gains – Big Losses” cycle that prevents most people from lasting long in the market. The solution isn’t guessing the top or bottom but maintaining disciplined profit-taking and stop-loss. For example: when the price hits an important resistance zone, I withdraw the principal first, letting the profits run. That way, even if the market turns, I don’t lose money, and if the trend continues, I enjoy the full gains.
2. Only Buy Major Coins That Have Deeply Corrected, Don’t Gamble on New Coins Every day, there are new coins, new narratives, and people bragging about x10, x50, x100 gains. But I’ve never let that sway me. I’ve seen too many people go all-in on unknown coins and lose everything. My strategy is very clear: focus on major assets like Bitcoin, Ethereum—those that have gone through multiple cycles, have high liquidity, and strong consensus. I don’t aim to buy at the exact bottom. When the price drops sharply about 40–50% from the peak, and market sentiment is extremely pessimistic, I start deploying funds gradually. I may not buy at the lowest point, but I also avoid “catching falling knives.”
3. Clear Trends Only Increase Positions, No Chasing Highs or Lows Many people dream of “buying the dip and selling the top.” In reality, this is almost impossible. My approach is to wait for a trend confirmation before increasing capital. When the price breaks through an important resistance and holds steady, even if it’s 10–20% above the bottom, I’m ready to buy more. At first glance, I might have “missed” some profits at the bottom. But in fact, I use that 10–20% to gain confidence in the trend. In crypto, surviving is more important than making a lot in one go.
4. Take Partial Profits, Cash in Your Pocket Is Your Money Crypto is highly volatile. Profits on the screen can come very quickly and disappear after a sharp drop. My rule is: after each big rally, I recover my capital and some profits. Specifically, when the price hits the first target, I sell about 30–40% of my position, enough to withdraw all the principal and part of the gains. The rest I set a trailing stop to let profits continue running. This approach helps me: Eliminate psychological pressure Even if the market reverses, I don’t lose If the market continues to rise, I still benefit from the remaining holdings When my mindset is stable, trading decisions become much more natural and accurate. Conclusion Last year, I guided a student who had lost over 600,000. His confidence was almost shattered. I only asked him to strictly follow the 4 principles above. After half a year, he not only recovered his capital but also started earning consistent profits. The crypto market is not short of smart people. The rarest trait is patience, discipline, and acceptance of slow progress. While most chase hot tips and emotions, those who follow the right process quietly pick up the “chips” others drop. The market rewards serious people. The key is to find a rhythm that suits you and stick with it. The path to financial freedom has no shortcuts, but the right methods will help you avoid many wrong turns.