From $1700 to millions in profits: The legendary history of the crypto world.

On July 18th, the Crypto Veteran known for his sharp insights and the motto “Fast is Fast”, Aoying (@thankUcrypto), stepped into the live channel of Binance Chinese Encryption Radio and had his first complete conversation with the host Sisi (@sisibinance) about his “rebirth outside the rankings.”

He once lost down to only 1,700 dollars, on the brink of despair, but managed to turn 10,000 dollars into a million fortune; he also fell behind in a competition, yet was able to quickly adjust and pulled the return rate from -40% to 150%.

His name is a legend among the traders in Binance Square - “Aoying.” As a star trader on Binance for two to three years, “Aoying” often maintains a full capacity of 1000 people, and recently he has been firmly at the top of the profit and loss leaderboard for followers. Users who followed his trades have earned over $1.5 million in three months, and many have achieved the freedom of “pork trotter rice with pork trotters” through him.

There is no surefire secret, nor do I believe in trading mysticism. Many people think that those who can sit at the top of the trading leaderboard either have insider information or rely purely on luck. But after hearing the story of “Aoying”, you will find that he is more like a commander forged repeatedly in the fiery battlefield of trading: calm, able to wait for the right moment, and once the signal appears, he strikes with full force. What is even more commendable is that he always has a bit more calm reflection than others, and a mindset of ‘fans leave first’ to provide a safety net. This is the deepest impression that “Aoying” leaves on people.

Looking only at the results, you might think it’s a rapid victory achieved through talent; but if you know about the sleepless nights watching the market and the desperate mornings, you will understand that the title of “King of Copy Trading” is the discipline forged from countless lessons of being painfully awakened by losses.

How did he climb to the top of the Binance copy trading leaderboard step by step?

1. Fall into the Abyss: From Cloud to Chasm

The trading starting point of “Aoying” is quite different from most people; he first tasted astonishing sweetness and then quickly fell into the abyss.

He is not inherently cautious by nature. Early on, when he engaged in short-term trading, he showed extraordinary talent, entering the market with $3000 and making nearly 1.4 million in the first wave of the market, a return of 470 times, which is simply like a myth.

Unfortunately, the market’s cold water is poured quickly and fiercely. Several consecutive waves of losses have caused the money in the account to shrink like an avalanche, leaving only a pitiful 1700 dollars at the lowest point.

“Losing so badly is fundamentally due to not having a strong enough stop-loss.” He candidly said in the live channel. At that time, he often went against the strategy he had set for himself, always holding onto a glimmer of hope, thinking “if I bet one more time, I can turn it around.”

“It’s really lost to the point of no return, if it loses any more it will be completely zeroed out, that kind of ‘pain’ is truly unforgettable. When a person is hurt by loss, many problems can only be truly resolved.”

This time of hitting zero was not dramatic, but it was the most important watershed in his trading career. It completely shattered all his lucky thoughts, making him learn to respect the market and start to treat every trade with caution, strictly following his plan.

2. Counterattack: Two Textbook Comebacks

When the market stripped him of everything, all that remained was the discipline he had honed and a clearer understanding. After a transformation in mindset, “Eagle” pieced together 10,000 dollars and began his journey of resurgence.

The first turn was the famous battle of BCH.

At that time, the Ordinals inscription sector was extremely popular, and market sentiment was high. He keenly observed that after BSV surged by 20%, BCH, which also belongs to the POW concept and broke through a key integer price level, had significant room for catching up. Without hesitation, he went long with 5x leverage and accurately captured a gain of over 40%.

This order allowed him to make an epic leap from 10,000 to 1 million dollars, and it truly validated how important the trading discipline he established after “painful reflection” is.

The second turnaround is a large trading competition held from April to May this year.

The competition had just begun, and due to mistakenly “betting on breakouts” in a volatile market, his ranking fell behind at one point, with a terrible return rate of -40%. But he didn’t complain about the situation; instead, he immediately stopped to review his trades and realized that his strategy needed a major overhaul.

He summarized several key judgments on this matter:

See the Essence of the Market: He suddenly realized that the market in April was fundamentally a volatile market, not a one-way trend. The previous insistence on the “breakthrough” strategy was completely the wrong direction.

Capture the Key Signals: When ETH suddenly surged to $1800, he determined that the fluctuation was over and the trend had begun! He decisively entered the market and quickly brought the yield back to positive.

Understanding Market Sentiment: He observed that when ETH rises, many investors who missed out are anxiously holding USDT. He judges that this hot money will surely flow into the altcoins that have not yet risen.

Decisive Action to Catch Up: Based on this judgment, he decisively led his fans to invest in a bunch of altcoins like MOODENG and PEOPLE, accurately seizing the altcoin mini bull market in May, pulling the return rate from the abyss of -40% to the peak of 150%.

Once it was about seizing the certain opportunity of mainstream coin explosion, and the other was about precisely targeting altcoins for a rebound using bull market sentiment. These two battles perfectly illustrate his core strategy: patiently observing, calmly waiting, and striking hard when the time is right.

3. The Way of Trading: Speed is an Instinct after Thoughtful Consideration

Opportunities in the market are fleeting; what is the key to seizing them? The answer from “熬鹰” is simple yet powerful: “Fast is fast.”

What he means by “quick” is not reckless, but decisive execution based on deep thinking. He gradually abandoned his blind faith in a single technical indicator and formed a flexible strategy centered on “risk control.”

He compared trading to driving an F1 car: “You must accelerate on the straight and brake on the curves.” A bull market is the straight, a golden period for decisive action and maximizing profits; a bear market or a sideways market is the curve, where you must slow down and firmly control the risks.

The size of the leverage and how to allocate the position completely depends on the market conditions. He might use 10x leverage on Bitcoin, but strictly control it to 3-5x on highly volatile altcoins. Where to set the stop loss, how to increase the position, and how many batches to enter the market, all operations revolve around one core principle: striving for the maximum probability of success within a risk range that he can bear.

He will also use Binance’s “smart money” tool to look for clues, observe the movements of large holders, and assist in judgment by combining capital flows with candlestick patterns. It is these solid preparations that give him the confidence and assurance to be “quick.”

4. The Principle of Copy Trading: Never Profit from the Hard-Earned Money of Followers

In the field of copy trading, which is full of “zero-sum games”, what is most admirable about “Aoying” is his unwavering principle: “I do not take money from fans.”

He admitted that in order to give the users who are following his trades enough reaction time, even if the market has risen by 20% in the short term, he would deliberately wait an extra 1-2 hours before exiting, allowing his fans to leave first.

“I try not to take money from fans, which is the fundamental reason for profit and loss. If I earn liquidity from fans, my reputation will suffer, so I’d rather keep it for myself a little longer.”

This seemingly “disadvantageous” approach has earned him a massive amount of trust. Some fans only used $100 to follow his trades and surprisingly made $21,900 during a round of copycat market trends, a 220-fold increase. These true stories of “chickens turning into phoenixes” are the best reward for his trading philosophy and character.

This persistence not only allowed him to make money but also won him the hearts of people, ultimately helping him reach the top of the Binance copy trading leaderboard.

5. The Survivor’s Sense of Smell

Outsiders see “taming the eagle” as a halo of being at the top. But he knows deeply that all of this stems from a reverence for the market and a careful control of risks.

When talking about the current market, he believes that “the imitation bull market has just begun, and it is far from the last wave of the bull market.” There may be a pullback later, but that is precisely the opportunity to get on board.

Speaking of recent operations, he shared a case of doing SUSHI: Among a pile of DEX coins, he found that SUSHI had the least increase, and retail investors were too afraid to chase, which instead indicated that the big players hadn’t sold yet. So he led his fans to buy in at a low position, successfully ‘killing’ the bears, and made about $218,000.

This case once again showcases his keen sense as a market “survivor”: finding opportunities where others panic and sensing risks before others become greedy.

He is not a born winner. He has experienced huge losses, being at the bottom, and being questioned. But it was two astonishing reversals that brought him to the top of the platform. What is even more admirable is that he did not keep his experiences to himself, but instead openly shared them, turning these valuable insights into light for more people on their path forward.

6. Insights Gained Through Experience

“Aoying” said that his trading style has been honed through countless practical experiences of losing and making money, and everyone’s system is different. But he firmly believes that some principles are universal. For example, trading must be based on signals; Bollinger Bands, moving averages, and candlestick patterns are fundamental. Developing the habit of always setting a stop-loss when opening a position is more important than anything else. In addition, one must maintain a stable mindset. When losing money, never stubbornly hold on. These are all very simple principles, but they are easy to understand yet difficult to implement.

In addition, regarding bull and bear strategies, the veteran believes that “you must step on the gas hard on a straight road and also brake in time before the curve.”

This sentence is his advice to everyone, and it is the foundation of how he has come to be in this position today.

Important Notice:
This article is solely for industry dynamics exchange and personal experience sharing, and is by no means investment advice. The views expressed in the text represent only the author’s personal opinion and are not related to the platform’s position. The content does not constitute any investment, financial, legal, accounting, or tax advice, nor does it represent a recommendation, offer, or solicitation to purchase any digital assets (including stablecoins and NFTs). The prices of digital assets are highly volatile and extremely risky, so please make sure to carefully assess your own situation before making investment decisions. For professional advice, please consult your legal, tax, or investment advisor. Readers must understand and comply with the laws and regulations of their respective regions and bear the risks on their own.