8 Years, 60 Million: A Survival Rule for an Old Investor in the Crypto World
Having been in the crypto world for 8 years, I've seen too many stories of sudden wealth and even more tragedies of total loss. If you can't make money in this battlefield, you might really need to consider switching fields. Today, I want to share some heartfelt words, all lessons learned through real money.
If you're stuck, just honestly average down; don't dream of breaking even and making a profit.
When seeing a sea of green in your portfolio, many people's first reaction is, "Just wait a bit longer, and it will turn red." The result is that the longer you wait, the deeper you fall, and in the end, you won't even have time to cut losses. Remember, preserving your capital is the priority; as long as you're alive, you have a chance.
After a sharp rise, there must be a sharp fall.
When everyone is shouting, 'This time it’s different,' the candlestick chart quietly forms a triangle convergence—this is the market telling you: it's time to run. Don't wait until the waterfall comes to regret not taking profits.
Buy when no one is paying attention, sell when the crowd is roaring.
Those who bought ETH at the bottom last year are now laughing quietly, while most who chased MEME coins are crying in compensation groups. The market always rewards contrarians.
Don't worry about others' losses; focus on your own trades.
The most useless stories in the crypto world are, 'My friend got liquidated.' The big players count their money behind closed doors; only the retail investors compare who is worse off.
Willing to bet means being willing to lose is basic etiquette.
Got cut? That's normal. The tuition I paid in my first three years could buy a BMW. But complaining about the market maker is useless; either improve your skills or exit early.
A hundred-fold coin is not found by asking.
Those who ask in groups every day, 'What’s the next hundred-fold coin?' end up being the source of others' hundred-fold gains. Real opportunities always come from your own research.
Enduring loneliness allows you to hold onto prosperity.
I held onto the BTC I accumulated during the bear market for three years without touching it. Those who are constantly fiddling with contracts are still looking for rebate channels.
All failures are your own problem.
Poor market conditions, market makers controlling the market, delayed news... these excuses do not change your account balance. Experts only reflect on what they didn't do well.
This market is very fair—it doesn't care about your educational background; it only recognizes understanding and execution. The bull market of 2025 is approaching; are you ready to continue being a retail investor, or are you truly ready to calm down and learn? Follow 'Crypto Zhuge Liang,' and let's navigate through the bull and bear markets together. Remember, in the crypto world, the most expensive thing is always experience, and the best investment is always investing in yourself.