My 6 Years Crypto Journey
SiX years ago, I stepped into the cryptocurrency market with an initial deposit of $420, completely unaware of how the market worked. A friend introduced me to this space, and I decided to give it a try. My first investment was in Solana futures, without any knowledge or strategy. Within just two days, my account was wiped out. Determined to recover, I deposited another $320, but within a week, I lost it all again. Frustrated but unwilling to quit, I deposited $520 in a revenge-fueled attempt to make up for my losses, only to see my funds vanish the very same day. At that point, I concluded that crypto trading was a scam and not something I could ever succeed at.
However, scrolling through profit posts online, I noticed that a small percentage of people were consistently making profits. I thought, "If they can do it, why can't I?" I began searching for mentors on platforms like TikTok, paying for their guidance, but the result was always the same: liquidation. One day, a friend told me about a mentor in Dubai who specialized in crypto training. After contacting him, I learned he only offered in-person classes but referred me to another expert in Asia who provided online lessons. This person agreed to teach me for $950 over two months. I managed to arrange the funds and enrolled in his classes, which turned out to be a turning point in my trading journey.
After two months of training, I had gained enough knowledge to trade profitably. I restarted my journey with $420 in my trading account. Focusing on consistency, I aimed to make $6–$12 per day to steadily grow my portfolio. I devoted countless hours to analyzing charts across various time frames, experimenting with different indicators to understand market behavior deeply. This method of self-learning and observation added significant value to my trading skills.
Several months ago, I ventured into futures trading again. My first day ended with a small loss as I expected, but I deliberately kept the investment minimal to limit the damage. Since then, over the last 5–6 months, I have not experienced liquidation in futures trading. Today, my account balance has grown to approximately $19,500, and I generate around $4,000–$4,800 monthly from futures trading, using a $1,100 wallet size. My primary investments remain in spot trading and funding wallets to ensure long-term stability.
Key Lessons I’ve Learned:
1. Stick to Your Plan: Emotional decisions like panic selling or greedy buying are the quickest ways to lose money. Discipline is key.
2. EMA Strategies: For short trades, the EMA 5 on a 5-minute chart is effective. For mid-term trades, use EMA 21 on the 15-minute and 1-hour charts. For longer time frames, EMA 50, 100, and 200 are invaluable. However, smaller time frames are not recommended for trading decisions.
3. Margin & Leverage: These are critical to managing risk. I use a leverage of 4x and ensure my margin never exceeds 1% of my portfolio.
4. Fibonacci Retracements: Identifying retracement levels is crucial. The 0.618 level is highly reliable, contrary to the widely praised “golden pocket.”
5. Candle Analysis: Understanding candlestick patterns is essential. Without this skill, consistent profitability is nearly impossible.
6. Liquidation Data: Keeping an eye on liquidity pools is critical, but be cautious. Popular liquidity heatmaps used by many traders are manipulated by exchanges to mislead participants. I rely on alternative, reliable tools for this purpose.
7. Price Action Over Fundamentals: While fundamentals occasionally play a role, 98% of my success comes from reading price action.
Today, I’m content with my journey in the crypto space and optimistic about my future earnings. I’ve learned to approach trading with patience and avoid greed. My goal is steady, sustainable growth.
Note: This information is shared purely for educational purposes. I don’t run any paid groups or sell signals. Most individuals selling crypto signals are doing so because they can’t earn consistently from trading themselves. Always approach such groups with caution.
DYOR BEFORE INVESTING