My fren often asks me: How can I turn ten thousand into one million?

To be honest, I am tired of hearing this question. But I still have to answer it seriously every time - because I have also gone through that stage.

Six years ago, my account balance just exceeded ten thousand, and back then, I thought trading was all about speed and luck. I stared at the market until my eyes were sore, seizing opportunities until my hands cramped. And what was the result? I was repeatedly educated by the market.

Later I gradually understood: the money that is truly earned is not snatched, but hidden away; big money is not chased after, but waited for.

The turning point happened one night in a certain year. I hit a big piece of good news, and the coin price skyrocketed. I intended to hold on for another day. However, at the moment of the high opening the next day, I suddenly came to my senses— I immediately closed my position and left.

Why? Because I've finally realized one thing: the moment the good news is realized is often the peak. If you don't run, just wait to be cut.

Many people think the top is at a higher position, but in fact, the top is hidden in those few seconds of hesitation. What you can’t escape is never the market itself, but that little bit of luck in your heart.

Since then, my trading style has changed. Before holidays? No trades. Before major events are announced? Stay on the sidelines. Can't understand the market? Take a break. Only take action when the opportunity is clear, decisively and efficiently.

Some people around me say I'm too conservative, but only I know: it is this "conservativeness" that allows me to survive and welcome the next real big market wave.

And there's a more crucial aspect - mindset management.

The most magical aspect of the crypto world is that when making money, you feel invincible, but when losing money, it feels like the end of the world. If you can't control these two extreme emotions, you'll forever be trapped in the mindset of a retail investor.

I have seen too many small capital players who get inflated after winning for three days and panic to death after losing for two days. However, those who can truly achieve stable profits view price fluctuations as ordinary data. With a stable mindset, their accounts will naturally stabilize.

So you're asking me if there's a secret to turning ten thousand into a million?

Yes. But it's not some magical indicator or technical formula, it's three words: dare to go short, able to wait, steady execution.

When you can stop being led by the nose by the ups and downs, that's when you've entered the realm.

I have basically stepped on all the pits I should have and paid all the tuition fees I should have. If you want to take fewer detours and truly stand firm in the next wave of market trends, then you should earnestly learn about risk management and position control.

The market never waits for anyone, but opportunities are always reserved for those who are well prepared.