BNF, also known as Takashi Kotegawa, is a name that resonates deeply within the trading community. Why? Because he turned $13K into $153M in just 2 YEARS! đ
Why BNF is Considered a Trading GOD & How You Can Apply His Strategies in Crypto đ
𧔠BNF's Journey: From College Student to Trading Titan
- The Early Days:
At 20 years old, BNF was a broke college student. His interest in the stock market sparked after watching TV news. For two years, he worked multiple jobs to save enough capital while educating himself on stock market intricacies.
- The Breakthrough:
During a bear market in Japan, BNF made a name for himself by staying calm and investing when others were panicking. His strategy paid off in 2005, during the J-Com Holdings incident, where he made millions from a single trade.
- The J-Com Trade:
âĄïž A Mizuho Securities trader accidentally sold 610,000 shares at 1 yen each, instead of 1 share at 610,000 yen. BNF saw this as an opportunity and bought 7,100 shares at the low price. He sold part of his position during a price bounce and held the rest overnight, ultimately making $17 million by the end of that trade.
- A Costly Lesson:
BNF once deviated from his trading rules by investing heavily in U.S. stocks during the housing market crash, losing over $10 million. This taught him the importance of adhering to his trading principles.
- Building Wealth:
Through discipline, consistency, and a focus on his rules, BNF turned his $13,600 into $17 million within two years, and by 2008, his wealth had soared to $153 million.
đ 3 Key Principles from BNFâs Story for Crypto Traders
1ïžâŁ Stay Calm While Trading
- Emotions are the downfall of 90% of traders. Market volatility can lead to impulsive decisions. To succeed, stick to your trading system and remain calm.
2ïžâŁ Find a Reliable Mentor
- Crypto is a high-risk field. A mentor can guide you through challenges and help you avoid costly mistakes. Remember, your network is your net worth.
3ïžâŁ Donât Take Money Too Seriously
- BNF once said, "A $100k loss can feel better than a $6k gain if the losing deal was good and the winning deal was bad." He approached trading like a video game, which helped him stay detached from the emotional highs and lows of financial gains and losses.
BNFâs story is a testament to what is possible in the world of trading. By adopting his principles of discipline, calmness, and rationality, you can elevate your crypto trading game and potentially achieve significant success.