When it comes to making money from trading cryptocurrencies, there are ten different opinions. Some say it's all about luck; when the market is hot, even pigs can fly. But after ten years of navigating and struggling in this market, my experience is completely different.



Luck? It certainly exists. In the short term, it can bring surprises or even huge profits. The problem is, money earned through luck usually ends up being lost back through skill and effort. The true source of profit actually comes from a proven trading system that has been tested repeatedly by the market, combined with unwavering execution. Today, I want to share a few core principles I've developed over the years, which might help those still exploring the market.

**I don't touch vague opportunities**

Every day, the market creates hot spots, and different coins take turns soaring. But I always stick to one bottom line: only trade market movements I can see through.

In my early years, I was also crazy. I believed in stories of hundredfold coins, insider information, and overnight riches. The result was usually getting trapped and having to cut losses. Later, I realized that the most profitable trades are often the simplest. Projects that are flashy and full of technical details but vague overall? I now just pass on them. Not out of arrogance, but because I understand my own limits. Market movements I can't understand shouldn't be my battlefield.

**Don't put all your eggs in one basket**

Even when you are very optimistic about a coin, you need to exercise restraint. Going all-in at once? That’s gambling, not investing. Market volatility can change suddenly, and black swan events are unpredictable.

I still remember 2017, when I heavily invested in a project with promising prospects at the time — and you can imagine how that turned out. That lesson was worth a thousand gold pieces, and it made me fully understand what risk management really means. Now, even if I am very bullish on a market, I diversify my positions to leave myself room to maneuver. Long-term steady gains are always better than short-term explosive profits followed by continuous losses.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
NFTRegretfulvip
· 5h ago
That's right, luck is like poison; once you've tasted it, you want more.
View OriginalReply0
FrontRunFightervip
· 5h ago
nah this "system beats luck" narrative is exactly what every exit scammer says before the rug pull lmao... yeah bro your "verified trading system" probably just rides the same MEV extraction wave as everyone else, you're just frontrunning retail with better gas optimization fr
Reply0
UnluckyLemurvip
· 5h ago
That's right, luck is indeed unreliable. Money earned by relying on luck will eventually be lost, this hits hard. If you don't understand it, don't touch it. I have deep experience with this... I've stepped on too many pits. Full position? That's pure gambling, there's nothing more to say. The 2017 wave also had me heavily invested and trapped, but now I've learned to be smart. Diversified allocation has saved me several times; details determine life or death.
View OriginalReply0
WalletWhisperervip
· 5h ago
nah this "system" talk feels like survivorship bias dressed up fancy... the ones who lost everything also had "principles" lmao
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)