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Having been a crypto trader for 6 years, I’ve grown my initial 50,000 into eight figures.
The most common question I get isn’t what coin will rise next, but rather the same one—how much have you actually made?
Honestly, over the full cycle from 2021 to 2023, my account net worth has steadily exceeded 10 million. But what’s even more interesting is that I’ve become lazier in my trading habits; I trade less but make more profit.
The first 30 months were extremely tough. Staying up late every day watching the charts, repeatedly trial and error, took a year and a half for 50,000 to grow to 1.8 million. Back then, I wanted to buy the dip on every coin, didn’t want to let go of any profit. My hands couldn’t stay still on the keyboard, and most of the time, I was fighting myself.
Later, I gradually figured out the pattern. Over the next 15 months, my account skyrocketed to 9 million. Then, in the following 6 months, with the market cooperating, it shot straight up to 48 million.
Where was the turning point? It was giving up on frequent trading.
Now, my approach is so simple it’s almost boring. I focus on N-shaped patterns—rally, pullback, volume contraction, then breakout above previous highs to enter. Stop-loss is fixed at 2%, take-profit at 10%, using automated trading, so I don’t need to watch the charts constantly. No leverage, no reckless re-entries, just check the 6-hour K-line and 18-day moving average daily, and glance at my account at close.
I’ve heard the screams of liquidation, and endured the agony of sideways markets. Over the years, I’ve summarized two iron rules: one is to take profits—when you make money, withdraw some; the second is to leave a backup plan—never go all-in, always keep a way out, giving yourself a chance to turn things around. No chasing highs, no stubborn holding, no relying on luck to turn things around with one big move.
There’s never a guaranteed way to make money in crypto. Those claiming guaranteed returns are all scams. Real profits come from filtering out temptations, controlling greed, and doing simple things at the right time.
Currently, market signals are gradually becoming clearer. I’ve positioned myself in Bitcoin and Ethereum. Instead of following emotions and making reckless moves, it’s better to use time and discipline for peace of mind. Less action means more profit—that’s my biggest takeaway from 6 years.