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Making a small investment double in the crypto world sounds simple, but growing from 20,000 to 1,000,000 is definitely not something you can achieve through brute force. There’s a strategy behind it.
Over the years, I’ve had my fair share of setbacks and late-night reviews. Summarizing these experiences, a few hard truths are especially worth your reflection.
**Don’t be too greedy with limited funds.** Find a reliable market once a day and make a steady profit. Don’t try to watch from open to close; the market doesn’t have that much money for you to earn. That’s the reality.
**Be especially cautious when good news appears.** The more the market rises sharply, the calmer you should stay. Greed is a deadly poison for small funds. If you don’t exit today, tomorrow’s gap up might be your last escape pod—many bull market tops are born amid “good news frenzy.”
**Be particularly careful with important news and holiday cycles.** When the direction is unclear, reduce your position or even go completely flat. Use time to buy space; wait until the situation is clearer before acting. Never gamble your assets on an uncertain trend.
**Control your position size for mid-term trading.** A lighter position leaves room for maneuvering and is smarter than going all-in at once. Steady progress over time leads to longer-term success.
**Short-term trading emphasizes speed.** Enter decisively, exit promptly. If the situation turns unfavorable, withdraw immediately. Don’t let greed hijack your execution. Markets can be fast or slow; you must follow the rhythm. Don’t fight the market with your own ideas, or you’ll only get beaten.
**Cut losses when your judgment is wrong.** Stop-loss isn’t admitting defeat; it’s survival. Many blow-ups happen because traders can’t bear to cut losses. For short-term trading, focus on small timeframes; the 15-minute chart is crucial—indicators are just references. Rhythm and discipline are the lifelines.
**And the most important point—mindset.** Crypto markets are volatile. If your emotions get the better of you, your trades will go off track. Only those who can stay calm will survive and be able to talk about making big money.
The crypto world never lacks opportunities; what’s missing is the ability to turn those opportunities into profits. Keep at it, and 1,000,000 will come sooner or later.