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Many people come to the crypto world just to get rich overnight, but Mo Yan tells you: if you want to get rich quickly, don't gamble recklessly! I started with just a few thousand USD, not a second-generation rich kid, not a tycoon, just an ordinary retail investor, but my current account balance is over 30 million.
You might not believe it, but it's true. I never chase how much I can make in one wave; I only consider whether I should go in on this wave. Here's how I scaled up over the years, sharing my experience with you.
Phase 1: Practice with a controlled position of 1000U, divided into 5 parts, 200U per position. Set stop-loss and take-profit for each trade, don't chase after losses, don't hold against the trend—only trade opportunities I understand.
Phase 2: After profit and increasing the account to around 10,000U, control each trade to about 25% of the total position. If the market moves with the trend, I add positions in batches, riding the middle to golden segment of the trend.
Phase 3: Take profits and withdraw funds once the account exceeds 200,000U. I start locking in some profits weekly. Not because I'm afraid of losing, but because I don't want to get too cocky. Stability is the biggest secret to huge profits!
The main reason most people blow up their accounts: reckless positions, no stop-loss control or setting, losing everything by blindly following the right direction but dying on the resistance. One of my followers, who went from 700U to 32,000U, just withdrew yesterday and was so excited he stayed up all night chatting with me for over an hour.
A single tree can't make a forest, and a lone sail can't voyage far! In the crypto world, if you don't have a good circle or insider information, I suggest you follow Mo Yan. Mo Yan will help you get out of the market. Welcome to join the team!!!
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