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Don't ask me how thousands of dollars turned into millions. When there were only 7,000 yuan left in my bank account back then, I clenched my teeth and converted everything into 1,000U. The anxiety was even more intense than what you feel now. After all, that was my entire net worth, and losing it would mean packing up and going back home. But the key is, I dared to gamble, and I never gamble recklessly. Today, I will break down this survival logic and share it with you.
Many newcomers make mistakes right from the start: holding a few thousand dollars and wanting to become a millionaire overnight, jumping straight into all-in bets chasing highs, only to get cut or trapped and unable to get out. I didn’t operate that way back then. When I got 1,000U, I immediately split it into 5 parts to use. This established the first iron rule: small funds must always be diversified, eggs shouldn’t be put in one basket, and you shouldn’t use all your principal as the cost of trial and error.
The logic of testing the waters isn’t about luck; it’s about finding the rhythm. I only choose mainstream coins with active trading on the day—note, not blindly chasing hot air coins. Active coins mean sufficient liquidity, relatively controllable price fluctuations, and quick exit if you need to stop loss. At the same time, I strictly adhere to two lines: take profits and double your money before exiting, never be greedy or fight for more; cut losses immediately at 50U, regardless of whether there’s a rebound later.
Here’s the key point: using a few thousand dollars to snowball, you’re earning a “certain profit margin,” not “uncertain market conditions.” You must understand one thing—your principal has very low tolerance for errors. A single big loss could completely wipe you out. So every trade must pursue stability, not frequent or large-volume trades.
I’ve seen too many people, after earning just a few hundred dollars, get carried away, thinking they are destined for greatness, then all-in and lose all their profits. My approach is completely the opposite.