With less than 1000U, can I turn things around in a month?



I recently mentored a newcomer to the crypto world, starting from zero. He had no experience, but with a simple and straightforward approach, he managed to grow his initial 900U to 19,000U. Now he can trade on his own and seems to be quite adept.

Honestly, what I teach isn’t anything mysterious, definitely not fancy tricks. The core principles are just a few words: patience plus discipline. Every night after work, he reviews trades with me for an hour, sticking to it for a month.

I won’t hide this approach; I’ll just be straightforward—

**First, choose the right entry timing**

Not every market condition is suitable for trading. We only act on opportunities that meet certain criteria, avoiding reckless moves. This way, each trade has a higher chance of success, avoiding random shots in the dark.

**Second, strict position management**

The secret to turning small funds into big gains lies here. How to allocate capital and how to build positions per trade must be based on numbers. Doing so makes larger trades more stable and less risky.

**Third, set risk control measures in advance**

Before entering each trade, set your stop-loss. This is the bottom line that must be maintained. Only by avoiding liquidation can you stay alive and make money.

Even with small amounts, big profits are possible—if you’re willing to follow this approach. If you truly want to change your situation step by step, stick to these points. Feel free to discuss any questions.
ETH3.65%
ZEC-3.84%
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
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)