I was born in 1992, trading cryptocurrencies full-time. My assets are in the millions, and I withdraw 100,000 yuan from the market every month. I feel no impact, living leisurely and freely, without deceit or intrigue, living the life I want. My daily routine now is: I get up at 6:30 to run, no exceptions.
In the morning, I usually analyze yesterday's trading and update myself with the news from the night, combining it with my positions and specific situations to make short-term trades or small fund operations to enhance my market feel. Then I conduct a 2-hour review, which is the most important task of the morning, aimed at making good profits at night! I also write an investment article to post on Binance, which serves as a record of my trading life, and when I grow old, I will have a place to reminisce. I also love to write about my investment experiences and insights to help others and myself.
The main practical operations for small funds have two aspects:
Firstly, recognizing the bull and bear cycles of the market is very important, regardless of whether you are a short-term, medium-term, or long-term trader. For spot trading, only a bull market presents profitable opportunities, especially for small funds. The most important consideration when entering the market is the cost of time; being stuck or in a floating loss for a long time can greatly affect your mindset. Those who experienced the bear market of 2022 should deeply understand this. If you can identify bull and bear cycles, you will know the direction of your operations and outperform 80% of retail investors in the market.
Secondly, believe in the quality potential coins you choose. This mentioned potential coin does not refer to any hundred-fold coins; hundred-fold coins are very rare in the secondary market. Reduce your obsession with this. The duration of a bull market lasts about a year and a half, so based on 50,000, to reach a million, you need a 20-fold return, which seems not difficult. However, based on past history, there are not many people with million-dollar assets. The reason why many around me achieve their goals is that we break down our targets. The large bull market is presented through sector rotation, just like this year's partial small bull market, where the timing of each rise is different; we just lay out according to this.
