I am from Guangdong.
Eight years ago, with 300,000 Hong Kong dollars I saved from working in Shenzhen, I plunged into the cryptocurrency world.
At that time, I thought I could get rich overnight, but I was educated by the market all the way.
I have experienced liquidation, short selling, and being played around by project parties, and I have also seen a paper profit of 8 million in a single day.
Now I can responsibly say that 99% of the 'wealth codes' in the cryptocurrency world are scripts designed by others.
I exchanged eight years of youth and a seven-figure tuition for five iron rules.
Understanding one rule can save you 500,000; executing three rules can transform you from a sheep into a wolf.
The first dagger: do not buy the dip during a crash, do not short during a surge.
This is the truth I exchanged my life for. Seeing the waterfall and bottom fishing? That's risking your life to catch a knife.
On March 12, 2020, I almost jumped in when Bitcoin was halved. Fortunately, I canceled my order quickly, or else it would have gone to zero.
Remember — the real bottom emerges horizontally, not vertically. Shorting when the coin price is launching like a rocket? That's actively signing up for the 'cannon fodder plan.'
The second dagger: good news hitting is bad news, and all bad news being released is good news.
In the crypto world, speculation is based on expectations, not news. When all groups and KOLs are hyping a message, that's when you should run. Remember EOS? It was hyped to the sky before the mainnet launch, and after the launch, it declined to the point where no one mentioned it. Conversely, when everyone is desperate and all the bad news has been released, that's the starting point for the market. Being greedy when others are fearful is not just a slogan, it's a sense of timing.
The third dagger: avoiding leverage leads to the longest survival.
Too many geniuses die at the top, not because of the wrong direction, but because leverage didn't give them a chance to survive. Even with 100% certainty, you can't resist a 10% reverse fluctuation. In 2021, I watched a brother use 50x leverage on Ethereum and get liquidated in 10 minutes, losing 8 million. Always play this game with money you can afford to lose. Getting liquidated once is more fatal than being wrong a hundred times.
The fourth dagger: the leader establishes the territory, and the altcoins sit on the throne.
When the market starts, Bitcoin and Ethereum always move first. The leaders create upward momentum, and only then will funds overflow into altcoins. Don't go all in on altcoins at the beginning of a bull market; that's the easiest way to miss out on major opportunities. Wait for the leaders to stabilize, let the sentiment spread, and then go digging in the altcoin pile; the odds will be much higher. Remember: mainstream determines direction, altcoins determine multiplier.
The fifth dagger: your understanding is the ceiling of your wealth.
Money earned by luck will eventually be lost through skill. If you can't articulate the logic of a coin and only follow trends to buy, then you are already a cash machine for the whales. What allows you to truly hold and make money is your understanding of the project, the cycle, and the team. Always only earn money within your understanding range; this is the core of wealth compounding.
The crypto world is never short of opportunities; what is lacking are people who can keep their heads. I've walked through all the pits, and I just want to save a few drops of blood for those who come after. Getting rich isn't about speed; it's about stability.
Follow me, a veteran who has been struggling in the crypto world for eight years, only speaking the truth, guiding you to see through the games behind the candlesticks, allowing you to make steady profits even in a storm.#中美贸易谈判 #巨鲸动向 #中美贸易谈判 $BTC
