365 Days Later

Earning £1M Through Crypto: 365 Days Later


No, I haven't (yet) turned into a zombie!

A year ago, on 31 March 2025, I began trying to earn £1,000,000 from crypto, with a starting investment of £10,000 ($14,000 at that time).

I started by following the "1% Trader" on BlueSky, until they disappeared. 

Then I started my own approach - and screwed it all up, of course!

Then I moved to p0x and rethought my approach. And for the last 170 days, I've chronicled what's happened every week, complete with numbers and transparency of changes to my approach, wins and losses, painful mistakes, everything.

A year on, I'm looking back at what's happened and what I've learned.

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Profits & Losses

It's mostly losses.

Finishing the year more than 20% worse off than at the start sucks, but that's the price of learning lessons.

On the upside, I didn't lose everything. 😎

The biggest (relatively permanent) losses came from Copy Trading. 

My hope was that the pros would manage steady profits, even if it was only a little bit each month. Instead, they mostly went bankrupt or fucked up really badly and lost piles of my money. 😠

The other big losses in Copy Trading were outside the dips and in testing. I think I said enough about CT before.

Lessons Learned

So what have I learned in my first year?

1. Eggs and baskets

The first really big lesson was not to put everything in one place - all my eggs in one basket, as the saying goes.

I did that with Copy Trading (and lost $4,000).

I did that with Trading, too (before my current approach), and took losses or got stuck with long waits for prices to rise.

Now I've rebalanced my 3 categories, and for Year 2 I'll concentrate almost entirely on Trading and Banking.

2. Stop scratching, you'll only make it worse

I hate it when people say shit like this, but it really is true.

The frantic, panicky trader loses money. The person always looking for the quick win loses money.

I can be the person who knows that crypto always goes back up. I can wait. I don't have to always be trading.

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3. Reassess and drop the crap

I held far too much money in Copy Trading for far too long.

You'd think losing 4 grand would've taught me, but no, I kept about a third of my funds in there anyway.

That was stupid.

Don't live on Hopium. Be realistic, drop that shit and walk away.

Or at least hack it back to a bare minimum like I just did.

Focus on what works and stick with it.

Rules for Year 2

I dislike goal setting, to-do lists, and most forms of structured "productivity" crap.

I prefer to wing it, sticking to a few basic rules.

So for the upcoming year, I have just 3 directives to follow:

  • I want to make 6% profit per month in Trading (compounded, that's double in a year)
  • I won't touch Banking except at ATHs, when I'll consider selling, waiting for a dip, buying back and carrying on
  • I'm effectively ignoring Copy Trading

And that's it, really. KISS, as they say: "keep it simple, stupid".

I hope you've found the last 170 days interesting. And I hope you'll join me on - or stay with me for - another year of earning through crypto!

 

 

 

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Tiero
Tiero

Determined to earn £1,000,000 through crypto. Follow to find out how!


Earning A Million Through Crypto
Earning A Million Through Crypto

I've been trading crypto for years and I'm awful at it. So I'm trying to find better ways to earn in the short, mid and long term. I'll be posting what I figure out. The aim is financial independence... like, £1M in the bank in 5 years.

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