{"id":253,"date":"2026-05-20T15:18:25","date_gmt":"2026-05-20T15:18:25","guid":{"rendered":"https:\/\/bonjourgeorge.org\/?p=253"},"modified":"2026-06-17T15:19:36","modified_gmt":"2026-06-17T15:19:36","slug":"earning-1m-through-crypto-rethinking-strategy-in-difficult-markets","status":"publish","type":"post","link":"https:\/\/bonjourgeorge.org\/?p=253","title":{"rendered":"Earning \u00a31M Through Crypto: Rethinking Strategy in Difficult Markets"},"content":{"rendered":"<p>After that hopeful period of stability and gentle rises, we dipped back into Extreme Fear on the <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">FaG Index<\/a> (though it&#8217;s back to Fear today).<\/p>\n<p>Once again, it&#8217;s thanks to &#8220;worsening geopolitical tensions&#8221; &#8211; read &#8220;the US is run by lunatics&#8221;.<\/p>\n<p>So, about six weeks into Year 2 of trying to earn through crypto, it&#8217;s already time to rethink my strategy.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/media1.giphy.com\/media\/v1.Y2lkPTc5MGI3NjExNzZ3azN6bGJoN3hmenY5emo0bHhrcGl3MzV5OGk2Y3JvbXAwdm1wMCZlcD12MV9pbnRlcm5hbF9naWZfYnlfaWQmY3Q9Zw\/2GjgvS5vA6y08\/giphy.gif\" alt=\"giphy.gif\" \/><\/p>\n<p>Back <a href=\"https:\/\/www.publish0x.com\/earning-a-million-through-crypto\/earning-pound-1m-through-crypto-365-days-later-xleegyw\">at the start of Year 2<\/a>, I had 3 simple rules:<\/p>\n<ul>\n<li>I want to make 6% profit per month in Trading<\/li>\n<li>I won&#8217;t touch Banking except at ATHs, when I&#8217;ll consider selling, waiting for a dip, buying back and carrying on<\/li>\n<li>I&#8217;m effectively ignoring Copy Trading<\/li>\n<\/ul>\n<p>This recent dip and re-dip (and re-re-dip and&#8230;) encouraged me to look with brutal honesty at my numbers.<\/p>\n<p>And, well&#8230;<\/p>\n<p>I started this project because &#8211; to quote my profile &#8211; I&#8217;m awful at trading. I&#8217;ve got a bit better but I don&#8217;t do leverage, so I&#8217;m limited to gains within a coin&#8217;s price range. I don&#8217;t do memecoins, either, so those ranges are tighter.<\/p>\n<p><strong>6% per month in Trading is unrealistic.<\/strong><\/p>\n<p>I could smoke some Hopium and pretend I can do that but the longer-term numbers say different.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/media0.giphy.com\/media\/v1.Y2lkPTc5MGI3NjExbnB5MXkwZ2I4aGNoMXZnNXAyejhjNzcxMHVtempzZTJsY2lyZnBvcyZlcD12MV9pbnRlcm5hbF9naWZfYnlfaWQmY3Q9Zw\/TJufnSz934AnK\/giphy.gif\" alt=\"giphy.gif\" \/><\/p>\n<p>Looking back, HODLing has always come out significantly better for me when we&#8217;re talking months rather than weeks.<\/p>\n<p>That was, after all, one of the main reasons for this whole setup.<\/p>\n<h2>Why I Suck At Trading<\/h2>\n<p>The problem with my approach to trading &#8211; aiming for small profits &#8211; is that crypto is volatile.<\/p>\n<p>It&#8217;s OK if I buy too high, like I just did with that ETH position up over $2,350. I wait until prices go back up, then sell for the normal profit. The loss of time puts a dent in that 6% target, though.<\/p>\n<p>And if I miss a pump (by taking a couple of percent profit), I miss out on gains that HODLing gives.<\/p>\n<p>In a good month, I&#8217;ll happily admit that I can do 6% trading profit, especially in a sideways market where the ups and down are nicely defined.<\/p>\n<p>But this is crypto and it&#8217;s volatile, so that&#8217;s an unlikely target nonetheless.<\/p>\n<p>I could aim for bigger gains, say 6% on a single all-in trade (which I may try), though that puts serious stress on the monthly target.<\/p>\n<p>Short version: <strong>I&#8217;m better off not trusting my trading competence.<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/media0.giphy.com\/media\/v1.Y2lkPTc5MGI3NjExbzEyMDc3dGZ2YTJxZXg4cjU1MXJoYzFqMzl6aGx3dmh2aGd2cWt4diZlcD12MV9pbnRlcm5hbF9naWZfYnlfaWQmY3Q9Zw\/eH8jB0ZcsrMBiwOk4b\/giphy.gif\" alt=\"giphy.gif\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2>So What Now?<\/h2>\n<p>None of my rules for Year 2 change.<\/p>\n<p>I still enjoy Trading and make some profit, and I&#8217;ll still aim for 6%.<\/p>\n<p>But I decided to rebalance funds, just before the extra $100 drop in ETH on Monday that kinda confirmed all these thoughts.<\/p>\n<p>I converted all my banked BTC to ETH.<\/p>\n<p>I moved 1 ETH ($2,200 at the time) from Trading to Banking. I updated my tracking to reflect that move.<\/p>\n<p>The total amount of ETH gets me the top-tier interest at MEXC.<\/p>\n<p>That means I have SOL earning 20% and ETH earning 15%, from which I will take out the interest every month, convert it to BTC, and move it to CoinEx to earn there (because the BTC rate is better), rebuilding my banked Bitcoin.<\/p>\n<p>Bigger Banking, ready for when things pump.<\/p>\n<p>Phew! Busy week!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After that hopeful period of stability and gentle rises, we dipped back into Extreme Fear on the FaG Index (though it&#8217;s back to Fear today). Once again, it&#8217;s thanks to&hellip;<\/p>\n","protected":false},"author":3,"featured_media":254,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[13,16,9],"class_list":["post-253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-midweeks","tag-banking","tag-strategy","tag-trading"],"_links":{"self":[{"href":"https:\/\/bonjourgeorge.org\/index.php?rest_route=\/wp\/v2\/posts\/253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bonjourgeorge.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bonjourgeorge.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bonjourgeorge.org\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/bonjourgeorge.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=253"}],"version-history":[{"count":2,"href":"https:\/\/bonjourgeorge.org\/index.php?rest_route=\/wp\/v2\/posts\/253\/revisions"}],"predecessor-version":[{"id":256,"href":"https:\/\/bonjourgeorge.org\/index.php?rest_route=\/wp\/v2\/posts\/253\/revisions\/256"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bonjourgeorge.org\/index.php?rest_route=\/wp\/v2\/media\/254"}],"wp:attachment":[{"href":"https:\/\/bonjourgeorge.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bonjourgeorge.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bonjourgeorge.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}