Post-90s Cryptocurrency Middle-Aged: Entered the Market in 2017, Grew from 500,000 to Tens of Millions in 9 Years, Relying Solely on the 'Dumbest' Method
I am 30 years old this year, from Fujian D, with two properties in Xiamen, one for my family and one for myself. After 9 years of trading cryptocurrencies, my initial capital of 500,000 has grown to tens of millions, relying neither on insider information nor luck, but solely on a 'dumb method'.
The most impressive time was when I multiplied my investment by 400 times in 5 months, reaching 20 million.
Now, I’m sharing the experiences of these 3285 days with you for free.
Lesson One: In a Bull Market, Opportunities Are Everywhere, Greed Will Only Lead to Heavy Losses
There are indeed many opportunities in a bull market, but if you greedily try to grab them all, you'll end up with nothing. #我的EOS交易
I only do one thing: choose a sector and firmly hold onto the main upward wave. As long as you catch the right wave, even just two coins will be enough for you to enjoy a full round of the bull market.
Lesson Two: The Iron Rules of Trading Cryptocurrency Are Lessons Learned Through Blood
Buy new, not old; it's about expectations, not nostalgia.
Don't touch contracts; if you really want to play, don't exceed 5 times leverage, and always set stop-losses. Holding on to positions is like courting death.
In a bubble market, prices may soar, but when the bear market arrives, they can drop by 90%. You must clear your positions at the end of the bull market.
Advance before good news is realized, cash out after it's confirmed, and don't wait for someone else to take over.
In a bear market, don't leave, and don't get itchy fingers; do solid work when the market hasn't arrived yet.
Lesson Three: Without Understanding Capital Management, You Can Lose Back Everything You Earned
Diversification is an iron rule:
Three sectors are enough, with two coins in each sector: one leader for steady gains, and one potential for high multiples.
Do not heavily invest in one coin, do not be greedy, do not gamble; take profits when they rise, and do not cling to battles.
Immediately stop-loss at the first sign of a trend reversal; if you're wrong, run.
The money earned in cryptocurrency is from 'long-term understanding', not 'short-term thrills'.
Lesson Four: Do the Right Thing at the Right Time
Open positions at the end of a bear market, increase positions at the beginning of a bull market, and exit at the end of a bull market. The market always has cycles, always has returns.
The early stage of a bull market is the most violent; the earlier you set up, the more you can gain. The more excited you are at the end of a bull market, the calmer I am, quietly cashing out.
Those who make big money buy when no one dares, and sell when everyone is shouting 'ALL IN'.
If you're new to the market, don't think about getting rich quick; first, learn to survive.
In this market, those who can last the longest will ultimately win. Understanding a complete cycle is more important than understanding ten candlestick charts.
If you are also a tech enthusiast and want to learn more about cryptocurrency knowledge, feel free to share your trading strategies in the comments section!
