Having been in the circle for 8 years and having rolled with the punches on-chain for several years, I've seen too many people leave in despair—some losing everything, others being worn down by the market. I want to tell every newcomer entering this circle: in the crypto space, 'surviving' is the highest-level strategy.
When we talk about 'surviving' here, it's not about compromising and barely hanging on, but about being grounded in this ever-changing market with clear awareness, a healthy capital chain, and a resilient mindset, steadily weathering one cycle after another.
The first principle: use 'survival mode' to shatter 'get-rich fantasies.'
Don't dive in with a gambler's mentality! Always use no more than 5% of your assets to invest in highly volatile altcoins or contracts, and keep the remaining 95% either in mainstream coins or as cash reserves. This isn't cowardice; it's wisdom.
In the crypto world, those who can survive through three bull-and-bear cycles are far more valuable than those who make threefold returns. The principal you protect today may be your lifesaving money to pick up golden chips when others are despairingly selling at the end of the bear market. Remember, in this market, living longer is more important than earning quickly.
Second Layer Wisdom: Build an 'anti-fragile' self-system.
Don't be a one-dimensional player who only looks at candlestick charts; make yourself three-dimensional and strong:
- Technical Stream: Don't limit yourself to candlestick charts; learn on-chain data analysis, use Glassnode to track BTC miner holdings, and pay attention to the movements of major whales;
- Information Stream: Join 1-2 reliable research report communities, filter out 90% of junk messages, and only receive valuable information;
- Networking Stream: Make friends with more than three reliable veteran investors; the pitfalls they've encountered and the experiences they've summarized are more practical than any tutorial.
When the market crashes, your knowledge reserves, information channels, and networking resources are the keys to whether you can withstand it, more important than the coins in your wallet.
Ultimate Strategy: Turn 'surviving' into a belief.
During bull market celebrations, remind yourself: all surges are dopamine borrowed from the market, and it will have to be paid back. Do you remember the crazy crowd shouting about LUNA in 2021? Most of them have vanished now.
During the bear market slump, remind yourself: every crash is a ticket to enter the market; the more expensive the tuition, the greater the potential future returns. Those who bought ETH at the bottom in 2018 did not do it because they were bold, but because they persisted until the dawn of the DeFi explosion in 2020.
The crypto world is never short of overnight wealth celebrities, but what is truly rare is the one who can laugh until the end. When you learn to view price fluctuations with a 'surviving' mindset, you have already overcome 80% of the participants.
Lastly, I have a piece of advice for newcomers: in this game where 70% of people are destined to lose, the essence of 'surviving' is not about beating others, but overcoming your own greed and fear.
