After settling in Shenzhen for a few years, my life gradually found its own rhythm—my small studio operates smoothly, without the need for overtime; I have two apartments, one for myself and one for my parents. Life is not extravagant, but it is very solid.
After six years in the industry, I haven't followed any 'big shots' or engaged with hype coins. My approach is not fast, but steady; it's not aggressive, yet it allows me to survive and slowly accumulate.
If you also want to stay in the crypto world longer, these principles can help you avoid many detours.
Six insights after experiencing bull and bear markets
1. Slow growth is real growth; rapid spikes are mostly traps.
Steady upward movement, accompanied by slight pullbacks, is usually a healthy trend; sudden spikes followed by quick declines often indicate that funds are looking for someone to take over, so it's unwise to chase blindly.
2. The more aggressive the promotion of a project, the more cautious you should be.
Every day, someone is shouting about a variety that is 'about to take off' or 'the last chance to get on board', most of which rely on marketing to create a scene. Truly strong projects invest time in their product, not in shouting slogans.
3. Position control is the bottom line; your position determines your life and death.
Even if you are optimistic, do not go all in; single investments should not exceed one-third. What you leave out is not just money, but also room to maneuver and a mindset.
4. Profits should be taken; unrealized gains are not considered earnings.
When profits are in place, take part of them out to form real returns. Preserving the profits in hand is more important than any one-time windfall.
5. Do not engage with projects you do not understand.
No matter how lively new concepts or new models are, they have nothing to do with you. Until you have figured things out, the safest operation is to wait and see.
6. Long-term survival is required to discuss making money.
Market volatility is the norm; some people are led by emotions, while others remain as steady as an old dog. What truly determines victory or defeat is not a single windfall, but how long you stay in the market. @K线教父翻仓营