I entered the world of crypto trading nearly three years ago with 400 USDT, knowing very little about it. A friend introduced me to Solana and futures trading, but without understanding the basics, I lost everything in just two days. Determined to recover, I deposited another 300 USDT, but within a week, that too was gone. Frustrated, I added 500 USDT out of sheer desperation and anger, only to be liquidated again the same day.
At this point, I was convinced that crypto was a scam and that winning was impossible. I nearly gave up. However, seeing others post their profits online made me realize that some people were succeeding. It got me thinking, “If they can do it, why can’t I?”
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Finding a Mentor
I started researching and looking for guidance. I joined groups on TikTok, paid for lessons, and still faced liquidation after liquidation. Then, a friend told me about a crypto teacher in Dubai. While he only offered in-person classes, he referred me to another mentor in Asia who taught online. I reached out and enrolled in a two-month course for 1000 USDT.
The lessons were a game-changer. I learned essential trading strategies and risk management. After completing the course, I restarted with 400 USDT, sticking to a disciplined plan. I took small, consistent profits of $5-$10 a day, gradually growing my portfolio. I dedicated countless hours to analyzing charts, indicators, and market behaviors.
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A New Chapter: Futures Trading
A few months ago, I decided to try futures trading again. On my first day, I got liquidated, but this time, I only lost a small amount because I had planned for the risk and kept my futures wallet size small. Over the past 4-5 months, I haven’t been liquidated once, and my account has grown to nearly 20k.
Today, I earn around $4,000-$5,000 a month from futures trading with a 1200 USDT wallet size, while keeping my main investments in spot trading and funding wallets.
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Key Lessons Learned
1. Stick to Your Plan
Avoid panic selling and resist greed. Discipline is everything.
2. EMA Strategy
Use EMA 5 for 5-minute trades.
EMA 21 works well for 15-minute and 1-hour time frames.
EMA 50, 100, and 200 are best for longer time frames.
Stick to larger time frames when possible.
3. Margin and Leverage
Keep leverage low (5x in my case).
Limit margin exposure to 1% per trade.
4. Fibonacci Retracement
The 0.618 level is the most reliable, not the “golden pocket.”
5. Candle Reading
Learning to read candlestick patterns is essential for successful trading.
6. Liquidation Monitoring
Be cautious of fake heatmaps on exchanges, which are often designed to manipulate traders. Use reliable tools instead.
7. Focus on Price Action
Fundamentals are useful, but price action is what drives most trading decisions.
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The Road Ahead
Now, I feel much more confident in crypto trading. I’m taking things slowly, avoiding greed, and steadily working toward even greater profits. This journey hasn’t been easy, but it’s taught me invaluable lessons about patience, discipline, and the importance of continuous learning.
If I could turn my losses into consistent gains, so can you. Keep learning, stay disciplined, and success will follow.