Why am I addicted to Cryptocurrency Trading instead of buying funds? The heartfelt words of an 8-year-old sucker.

A few days ago, I was chatting with friends after drinking. As an "old sucker" who has been in the cryptocurrency trading space for 8 years, I want to share my heart with everyone today. The reason I gave up on funds and invested in the cryptocurrency trading space was very straightforward: the barriers to entry are low and money comes in quickly. I am certainly aware of the enormous risks in this industry, but the high returns behind the high risks are truly hard to resist.

Eight years ago, when I first entered the market, nobody taught me to learn knowledge and understand the rules first; I could only grit my teeth and "pay tuition"—falling into the trap of air coins and enduring the pain of liquidation in the middle of the night. Now, I can support my family through full-time Cryptocurrency Trading and achieve what others see as "financial freedom"; every penny has been earned with blood and tears.

Cryptocurrency Trading VS Funds: What's the Difference?

Many people are torn between choosing Cryptocurrency Trading or buying mutual funds. In fact, neither is absolutely better; they just cater to different needs:

Cryptocurrency Trading: like riding a roller coaster, exciting yet perilous

- Extreme Volatility: It's normal for coin prices to fluctuate by 30% in a single day. When the market moves, the heartbeat accelerates, and those with weak heart tolerance simply can't handle it.
- Policy sensitivity: Some regions abroad are compliant, but domestic regulation is still exploring. Once the policy turns, there may be a risk of losing everything.
- High implicit threshold: Not understanding blockchain technology and not being able to comprehend smart contracts makes it easy to be harvested by beautifully packaged air coins. It seems to have a low threshold, but in reality, it requires hard knowledge.

Fund: Like taking the bus, steady but slow to heat up.

- Mild Fluctuation: The price variation is small, and the daily profit changes are almost not alarming, making it more suitable for conservative investors.
- Dependence on the manager: The performance relies entirely on the ability of the fund manager. Choosing the right person can lead to steady profits, while choosing the wrong person may result in long-term underperformance against the market.
- Limited liquidity: When cash is urgently needed and redemption occurs, it may happen to coincide with market lows, forcing a "loss-cutting" situation, which is far less flexible than Cryptocurrency Trading.

In simple terms: Those who are willing to take risks and spend time researching are suitable for Cryptocurrency Trading; those who seek stability and want to save trouble are more suitable for buying funds. But regardless of the choice, it's more important to first understand your risk tolerance than anything else.

Core of survival in the coin circle: Position management is more important than technology.

Having mixed in the coin circle for so many years, I have seen some people earn a fortune through technical analysis, but more people have seen their profits turn to zero overnight because they didn't manage their positions well. To be honest: technology is "the icing on the cake," but position management is the "lifeline" for long-term survival.

Share 4 position management tips that I have tested for many years, proven effective:

1. Batch Building Method: Divide the funds into 5-10 parts and invest only 1 part each time. For example, if you have 100,000, buy 10,000 each time. Do not chase high prices when the price rises to avoid staying at high positions; when the price drops, use the remaining funds to add to your position, which can control risks and not miss low-price opportunities.
2. Stop-loss and take-profit iron rule: Set the rules before each purchase - if losses reach 10%, you must cut your losses and exit; if profits reach 20%, at least sell half to lock in earnings. Don't think this rule is simple, it can help you avoid 90% of major pitfalls.
3. Funnel Bottom-Fishing Method: When judging that the market is approaching the bottom, first test with a small position (for example, 10% of total funds); if it drops another 10%, increase the position by 15%; if it continues to drop by 20%, increase the position by 30%. Suitable for left-side trading, buying more as it falls, but be sure to leave enough funds for subsequent purchases to prevent buying at the "halfway up the mountain."
4. Pyramid Accumulation Method: In a bull market, identify the upward trend and first invest heavily (e.g., 50% of total funds); add 30% after a 10% increase; add the final 20% after another 10% increase. The higher it rises, the less you accumulate, which allows you to capture the profits from the main upward wave while avoiding the risk of accumulating at the peak.

Three heartfelt words from old suckers

1. Always leave an escape route: No matter how good the market is, always keep 30% in cash. In a bear market, it helps to buy the dip; in a bull market, it helps to deal with sudden risks. Having money in hand keeps you calm.
2. Don't trust "insider information": 90% of the "insider" and "rumors" in the market are scams, specifically targeting suckers who follow the trend. Spending time researching projects and analyzing market conditions is more reliable than anything else.
3. Don't be greedy: Take out a portion of your earnings in a timely manner, whether to improve your life or to save, and treat the remaining as "game chips". Greed is a big taboo in Cryptocurrency Trading, and many people end up losing their principal because they want to "earn more".

The cryptocurrency space has never been a "sprint track," but rather a marathon – it's better to run steadily than to run fast. Those who make money by luck will eventually lose it back through skill. If these heartfelt words can help you, feel free to follow, and I will share more real-world experiences from the cryptocurrency space later.