My trading account started with 800U and has grown to its current amount. The whole process reminds me of a beginner I once mentored. That guy initially trembled even when placing orders, afraid that one wrong move would wipe out his capital. But after four months, his account surged to 19,000U. After half a year, it broke through 28,000U. The key is, he never experienced a liquidation during the entire journey.
Some say it's luck. I smile. Anyone who has been in the crypto space for a few years knows that luck comes and goes quickly; only discipline can help you survive long-term. Today, I want to share some honest advice with friends whose principal is still less than 1,000U.
**The biggest enemy of small funds isn't the market, but your own desires**
I've seen too many beginners dreaming of turning things around with just a few hundred U. The result? Either over-leveraging and getting caught at a high point, or panicking and cutting losses to run away. The crypto world isn't a casino; it's a place that requires strategy.
Three common pitfalls for small fund traders:
First, always wanting to become rich overnight. Seeing others trade with 100x leverage on futures, and feeling itchy themselves. But daily fluctuations in crypto often exceed 10%, which isn't surprising. Using high leverage in such a market can wipe out your account with just a small move.
Second, blindly following trends and investing in flashy, exaggeratedly promoted altcoins. These coins often lack real use cases. Once you're in, the whales are already waiting to cut your position.
Third, being driven by emotions. After a couple of big wins, you think you're a genius trader; after a couple of losses, you panic and make reckless moves. Remember, impulsive actions in crypto are the most costly.
The reason my friend succeeded is because he understood this principle: the less capital you have, the more stable you need to be. Be patient like an old hunter, waiting for the right moment, rather than acting like a rookie who wants to hunt everything that moves.
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MetaMaskVictim
· 01-12 01:16
Discipline is easy to talk about but hard to practice. Few can really stick it out.
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Those using 100x leverage, nine out of ten will be unable to get out within half a year. I've seen too many cases like that.
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Still the same point: with small funds, the biggest fear is losing your mindset. One fluctuation and it's all gone.
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Your friend is really steady. Reaching 19,000 in four months is considered normal profit in the crypto world, much better than most people.
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Following small altcoins is just asking for trouble. The old tricks of market manipulators cutting leeks are still fooling people.
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Emotional trading is truly hell. When prices go up, you think you're chosen by heaven; when they fall, you wander in a daze, cutting your losses.
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Having less capital can actually be an advantage. Less pressure means you can operate more calmly.
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How many newbies have been ruined by playing with derivatives? And some still keep pouring money in.
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TheMemefather
· 01-10 12:59
That's right, but I still feel that most beginners can't control their hands. They see a bullish trend and rush in.
My brother's friend was really lucky to catch the market, but staying steady is easier to say than to do.
I've heard this theory several times, but the key is execution. Most people can't hold on for more than a week before breaking down.
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InscriptionGriller
· 01-10 12:46
I'm tired of this rhetoric. How many people actually make it to half a year?
Basically, it's survivor bias. Just because that guy didn't get liquidated doesn't mean he won't in the future. The crypto world is this cruel; today’s gains can be wiped out in a single spike tomorrow.
Small funds really shouldn't use leverage, I agree with that. But discipline is essential. Most beginners end up failing because they "understand" but can't follow through.
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SerNgmi
· 01-10 12:37
There's nothing wrong with that, but the only concern is whether people will listen. I've seen too many small U players who want to turn the game around like gamblers as soon as they enter, only to have their accounts wiped out. The ones who truly make money are those who can endure; 100x leverage sounds exciting, but one prick and they're gone.
My trading account started with 800U and has grown to its current amount. The whole process reminds me of a beginner I once mentored. That guy initially trembled even when placing orders, afraid that one wrong move would wipe out his capital. But after four months, his account surged to 19,000U. After half a year, it broke through 28,000U. The key is, he never experienced a liquidation during the entire journey.
Some say it's luck. I smile. Anyone who has been in the crypto space for a few years knows that luck comes and goes quickly; only discipline can help you survive long-term. Today, I want to share some honest advice with friends whose principal is still less than 1,000U.
**The biggest enemy of small funds isn't the market, but your own desires**
I've seen too many beginners dreaming of turning things around with just a few hundred U. The result? Either over-leveraging and getting caught at a high point, or panicking and cutting losses to run away. The crypto world isn't a casino; it's a place that requires strategy.
Three common pitfalls for small fund traders:
First, always wanting to become rich overnight. Seeing others trade with 100x leverage on futures, and feeling itchy themselves. But daily fluctuations in crypto often exceed 10%, which isn't surprising. Using high leverage in such a market can wipe out your account with just a small move.
Second, blindly following trends and investing in flashy, exaggeratedly promoted altcoins. These coins often lack real use cases. Once you're in, the whales are already waiting to cut your position.
Third, being driven by emotions. After a couple of big wins, you think you're a genius trader; after a couple of losses, you panic and make reckless moves. Remember, impulsive actions in crypto are the most costly.
The reason my friend succeeded is because he understood this principle: the less capital you have, the more stable you need to be. Be patient like an old hunter, waiting for the right moment, rather than acting like a rookie who wants to hunt everything that moves.