Honestly, these days the most common illness among crypto beginners is greed.



You invest 100,000 yuan with the idea of multiplying tenfold to reach one million, but most people end up getting poorer the more they play. I've seen too many examples like this—initially confident and ambitious, then after three months, half of the investment is gone; another three months later, the principal is gone too.

In fact, those who truly make big money play completely differently. They don't dream of turning ten thousand into a hundred thousand in one shot; instead, they take three steady steps—100,000 to 200,000, 200,000 to 400,000, 400,000 to 800,000. Tripling their investment step by step, eventually approaching a million. It may not sound as exciting, but this is the strategy that allows people to last the longest.

**Why do beginners always fall into traps?**

Simple—human nature is greedy, and the crypto world is a place that amplifies this greed a thousand times.

Most newcomers focus on meme coins and leveraged contracts, eyes lighting up at 50% daily volatility, thinking this is some "opportunity." Little do they realize that behind high volatility lies hellish high risk. On the night of March 12, 2020, Bitcoin plummeted from $7,900 to $3,600 in a straight drop. How many leveraged traders got liquidated to zero? Too many to count.

What you think is a shortcut to wealth is, in reality, a meat grinder.

From a mathematical perspective, the logic of profit is quite simple: **Profit = Principal × Volatility × Time**. If you avoid leverage and meme coins, you can't rely on amplifying volatility to get rich. The only options left are: either pick the right assets with strong skills or exchange time for space.

**So how can you steadily double your investment?**

The real heavy hitters in crypto are doing one thing—rolling over their positions.

For example, after Bitcoin drops sharply and starts consolidating or preparing to break out, you use 10% of your total funds to open a position with low leverage. More specifically: with a 50,000 yuan principal, use 5,000 yuan to open a position with 10x leverage, which equals 1x actual risk. Set your stop-loss at 2%, risking at most 1,000 yuan.

If this trade makes a profit, say 7,000 yuan, your total becomes 57,000 yuan. In the next round, use 10% again; the principal has increased, but the risk remains within acceptable limits. Over time, your account grows through leverage reduction and compound interest. It may sound tedious, but this is the method that the people who last the longest are using.

Compare this to a beginner—going all-in with 50% position and maximum leverage, risking a total wipeout on a single dip.

The difference is clear. One is steady position management and patient accumulation over time; the other dreams of eating a big fat pig in one bite. The former earns slowly but lasts longer; the latter gets rich quick but also gets wiped out fast.
BTC1,51%
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
  • 5
  • Repost
  • Share
Comment
0/400
MerkleDreamervip
· 9h ago
That's really harsh. Newbies with just a small amount of capital want to achieve financial freedom overnight, but they're destined to get cut.
View OriginalReply0
MevHuntervip
· 9h ago
The idea of rolling positions is spot on, but there are only a few people who can truly stick with it.
View OriginalReply0
CryptoCrazyGFvip
· 9h ago
To be honest, those around me who invested 100,000 with the hope of a tenfold return are all gone now.
View OriginalReply0
LayoffMinervip
· 9h ago
That's right, I am one of those who got caught by this trick. --- Doubling ten times, sounds great, but in the end, I didn't even keep the principal. --- The idea of rolling positions is indeed ruthless; I need to think it over carefully. --- Maxing out 50% leverage is definitely a suicidal move. --- You're quite right, but the hard part is execution. Greed really can't be changed. --- Going from 100,000 to a million seems simple, but in practice, everyone is a trap. --- I was also there on 3.12 that day, my dreams were shattered. Looking at these methods now, it's a bit late. --- Contract beginners really should take a good look; don't go all-in on your first trade. --- Time exchanges for space. It sounds boring, but it seems to be the only way to survive. --- The problem is most people die before their first doubling.
View OriginalReply0
MevShadowrangervip
· 9h ago
Exactly right. I know someone who invested 100,000 and lost it in three months, and every day they still boast in the group about choosing the right coin. It's hilarious.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)