Hey there! If you’ve been scrolling through X lately, you might’ve stumbled upon an incredible story about a trader named Aoying. This guy went from a measly $3,000 to a jaw-dropping $40 million in the crypto world! Posted by Mia米粒儿🩵 on June 24, 2025, this thread dives deep into Aoying’s journey, offering a goldmine of insights for anyone interested in crypto trading. Let’s break it down and see what we can learn!

The Rise of Aoying: From Debt to Millions

Aoying’s story isn’t your typical overnight success. He started as a “Degen” (that’s crypto slang for a risky trader) buried in debt, hitting what he calls the “200K curse”—repeatedly blowing up his account around that mark. But fast forward to today, and he’s racked up annual profits exceeding $40 million! How did he do it? It all kicked off with OKX’s trading platform, where he turned a small account into triple its size in just six months, earning his first wave of followers. That success gave him the confidence to quit his day job and dive full-time into trading.

What’s wild is how he caught the 2024 market waves—AI coins, meme coins, and even a resurgence in “inscriptions” (a niche crypto trend). These lucky breaks helped him clear his debts and build a foundation to keep growing. It’s a reminder that timing and a bit of guts can pay off big time!

Trading Without a Rulebook

Here’s where Aoying gets interesting—he doesn’t rely on the usual trading tools like moving averages or Bollinger Bands. Instead, he leans on what he calls “cognitive judgment.” Think of it as using your gut and market know-how rather than sticking to a strict system. Studies, like those in the Journal of Behavioral Finance, show that seasoned traders often develop this intuition after lots of trial and error—something Aoying mastered through painful losses.

He calls his style “event-driven trading,” where he spots big market movers like news events or trends (e.g., the Trump-Musk feud impacting DOGE) and jumps in. For example, he made $1 million by shorting DOGE when tech stocks dipped, then flipped to buy ETH when he sensed a bottom. It’s all about reading the room—er, the market—and acting fast.

The Psychology Behind the Wins

Aoying’s mental game is just as crucial as his strategy. He admits early losses taught him to stop ignoring stop-losses (a set point to cut losses) and to manage his emotions. After hitting rock bottom, he started staying awake for 40-50 hours during big market moves, watching every tick. That discipline turned his weaknesses into strengths, proving that trading psychology—how you handle fear and greed—can make or break you. Check out Investopedia’s take on trading psychology to see why this matters.

Adapting to a Changing Market

Recently, Aoying’s gone quiet on public trades. Why? He noticed some projects were using his signals to dump coins on his followers, a sign of market saturation where opportunities dry up. Data from Chainalysis in 2024 backs this up—social media pumps are under more scrutiny, pushing smart traders to fly under the radar. Now, he prefers “stealth mode,” trading privately while letting others follow if they choose.

Key Takeaways for Aspiring Traders

So, what can you take from Aoying’s story?

• Start Small, Learn Big: He began with pocket change and grew by studying real traders, not textbooks.
• Ride the Waves: Event-driven trades can beat technical analysis if you’re quick and informed.
• Mind Your Mind: Losses are lessons—use them to build resilience.
• Stay Flexible: As markets evolve, adapt your approach to avoid traps.

Aoying’s journey isn’t just inspiring—it’s a roadmap. Whether you’re a newbie or a seasoned trader, his tale shows that with the right mindset and strategy, the crypto world can be your oyster. Want to dive deeper? Follow Mia米粒儿🩵 for more trader interviews or check out Aoying’s past trades linked by Joe要量化 for a detailed breakdown.

What do you think—ready to take a page from Aoying’s book? Drop your thoughts below!