In the bear market of 2022, I was so poor that I had to wash my hair with dish soap. In 2023, with a principal of 20,000, I made 3.2 million in the bull market - this is the survival rule created by money.
Holding onto spot without changing coins. In 2021, frequently changing coins led to missing the main upward wave of BTC and losing 40% of the principal in altcoins.
In 2022, I went all in with 80% of my position in BTC+ETH, stubbornly holding on without cutting losses. In 2023, both rose by 300% and 450% respectively, and my account took off.
The market has cycles; mainstream coins will eventually explode. Constantly switching coins will only lead to missing opportunities.
Stay away from "big shot hype coins". Before the LUNA crash, major influencers called for buying, and 99% of latecomers lost everything; when a community excessively hypes a coin, it is a signal to sell.
In 2023, I sold all after Ordi rose 50 times, avoiding a 70% correction - chasing hot trends in a bull market may yield returns, but picking up the pieces in a bear market will definitely trap you.
A hundredfold coin is a trap. Even if there is a hundredfold coin, would you dare to invest heavily? Selling at a 20% rise and panicking at a 10% drop is the fate of retail investors.
From 2020 to 2023, 99% of projects claiming to be hundredfold coins went to zero. Ordinary people should focus on “tenfold logic” (like BTC tenfold every four years).
Don’t touch contracts. In the crash of May 19, 2021, I lost 80,000 on a 100,000 principal - contract indicators are drawn by market makers as a trap, and random spikes can lead to both long and short explosions.
In a bull market, don’t touch contracts; in a bear market, even less so. Spot trading can at least wait for the next cycle, while contract liquidation means direct exit.
Capital strategy for large funds (over 500,000): 80% hold BTC+ETH, 20% allocate to established coins, guaranteeing 3-5 times returns;
For small funds (under 100,000): 60% hold leading coins, 40% invest in small-cap altcoins (set a 10% stop loss), aiming for daily double.
Big money seeks stability, small money seeks volatility; don’t get it mixed up.
Enduring the bear market, understanding the bull. Those who held BTC from 20,000 down to 3,200 in 2018 earned 18 times in 2021; those who endured an 80% drop in ETH in 2022 earned 5 times in 2023.
A bear market may drop for two months but can recover in a day - those who can’t hold on will always chase highs and sell lows; those who can escape at the top are the winners.
Don’t believe in getting rich overnight; believe in the law of cycles; don’t let emotions control you; calculate the risks clearly.
A bear market can go to zero, a bull market can make you rich. The key is to control your actions and endure - in the next bull market, don’t be the chaff, be the winner.
(I am @链上觅金人 _ . If you are also diligently studying technical operations in the crypto space, feel free to follow the account "Chain Gold Seeker" where you will gain the latest crypto intelligence and trading skills.)
