Let me share my story in the crypto world!
1. Entering the crypto world, using 100,000 as principal to gamble on the future.
In 2017, I was 26, working at an internet company with a monthly salary of 20,000 and little savings. I stumbled upon the crypto world, saw the rise of Bitcoin and Ethereum, and felt an opportunity. At that time, I didn’t understand trading at all, I just bought some ETH and LTC based on instinct, thinking of holding long-term. A few months later, Bitcoin and ETH skyrocketed from 300 to 1000, and my capital tripled, with my account nearing 300,000. I felt the madness of the crypto market for the first time and firmly believed that this could lead me to financial freedom.
2. Getting rich in a bull market, 10 times in a year.
In early 2018, the market entered a crazy phase, with even altcoins doubling in a day. I started studying new projects and discovered a market rule: "Hot narratives" determine the flow of funds.
Such as NEO, EOS. ● That year, ICOs were the mainstream, and I decisively invested in several hot projects, surpassing 3 million in funds. The market was surging daily, I continuously compounded and increased my positions; in just a few months, my funds doubled as I learned to "hedge." But soon, the market began to adjust, and I realized that I couldn’t just go long; I had to consider multiple angles.
3. In the 2018 bear market, I lost 90%.
The money earned in the bull market was lost in just half a year. BTC plummeted from $20,000 to $3,000, and my altcoins nearly went to zero. It was then I understood: Making money in the crypto world relies not on luck, but on strategy and mindset.
To survive, I adjusted my mindset: profits. · Spot + contract dual approach: Long-term layout in spot, short-term amplification in contracts. Only leading coins during bear markets: BTC, ETH, SOL, etc., are the ones that can truly survive. Waiting for market turning points: I didn’t cut losses at the bottom, but slowly averaged down with the remaining capital.
This level is two years.
4. In the 2021 bull market, assets exceeded 8 digits.
The market warmed up, BTC broke through $10,000. I decisively increased my position, allocating funds to BTC, ETH, and DeFi sectors, and began researching contract trading.
, In early 2021, DeFi exploded, and I heavily invested in UNI and AAVE, achieving a tenfold increase in just a few months.
. During the mid-bull market, Meme coins rose, and I caught a major wave of Dogecoin and SHIB, making over 5 million in a single transaction.
. In the later stages of the bull market, I learned to take profits in batches at high points, securing my funds.
By the end of 2021, my account funds exceeded 30 million, achieving financial freedom. 5. After the bull market era, mindset determines everything.
In 2022, the market adjusted again. I was no longer panicking like I used to, but remained patient, waiting for the next cycle.
There are no myths in the crypto world; only those with stable mindsets and strong execution can truly make big money.
Why is it difficult for 90% of investors to make a profit?
The core issue is frequently making irrational decisions at the wrong time! Whenever the market adjusts, many investors hurriedly sell off like startled birds. When asked about their selling reasons, the answers are often shocking: "Everyone is selling, if I don’t sell, I’ll lose big!" This blind following behavior has long deviated from the essence of investment and is merely a consumption battle of wealth under group irrationality.
The fluctuations of the global economy seem complex and unpredictable but actually align with the underlying logic of capital operation. Whether it’s geopolitical conflicts, cyclical economic crises, or sudden market panic, history is always surprisingly similar, continually replaying familiar plots:
The cycle of large institutions' trading.
Step 1: Create panic—Institutional concentrated selling triggers severe market fluctuations.
Step 2: Retail investors stop losses—Investors hurriedly cut losses at low points due to fear.
Step 3: Accumulate at low levels—Institutions calmly take over, completing the low-price collection of chips.
The cruel truth of the market is:
Professional investors often decisively position themselves during sharp declines.
Ordinary investors always chase highs and sell lows.
Ultimately leads to wealth flowing from the majority to a minority.
True investment wisdom should be:
Market crashes are the touchstone for testing quality assets.
Moments of collective panic often contain excellent entry opportunities.
Most profits are often concentrated in a few key holding phases.
Please remember: in the capital market.
Short-term price fluctuations are driven by emotions.
Long-term value return is determined by the fundamentals of the enterprise.
The eight golden rules of the crypto world! Those who understand them are profiting.
The crypto world is ever-changing; mastering these eight practical rules will save you from 90% of the detours! It's recommended to collect and study repeatedly.
First, stuck in positions seeking to break even, craving profits is greed.
When your position is trapped, don’t fantasize about "buying the dip and turning things around"; average down in batches to control losses, preserving capital is the key. Chasing highs and selling lows only worsens losses!
Second, a calm surface can hide a big wave behind.
A one-sided rise without volume is a dangerous signal! It’s recommended to set a trailing stop to lock in profits and guard against sudden sell-offs by the major players.
Third, after a big rise, a pullback is inevitable; K-line forms a triangle over several days.
After a 90% surge, a pullback is inevitable! When K-lines form converging triangles, the battle between bulls and bears is intense; at this time, hold back and wait for clarity before acting.
Four, buy on dips, not on highs; sell on highs, not on dips.
Buy on dips with stabilization candlesticks, sell on rises with stagnation candlesticks. Counter-trend operations avoid chasing highs, and combine volume indicators for more accuracy.
Five, do not sell on highs, do not buy on drops, do not trade during sideways markets.
Don’t take profits if pressure isn’t broken, don’t buy if support isn’t broken! During sideways periods with unclear direction, it’s more prudent to observe or test with light positions.
Six, in an upward trend, watch support; in a downward trend, watch resistance.
In the rising phase, focus on support from moving averages, reduce positions when broken; during declines, pay attention to resistance, and short if rebounds are blocked.
Seven, being fully invested is a big taboo; know when to stop amid constant changes.
Always keep 30%-50% cash! Set stop-loss and take-profit levels; if the market is unfavorable, exit decisively, leaving enough ammunition for opportunities.
Eight, trading coins relies on mindset; greed and fear are the greatest enemies.
Chasing highs and selling lows stems from human weaknesses! Formulate a trading plan in advance, use discipline to combat FOMO emotions, and rational decisions will lead to success.
In the crypto market, don’t be too hard on yourself.
Some projects are not worth your unconditional trust; some failed investment experiences don’t need to be dwelled upon.
Don’t wait until your funds shrink significantly and it’s too late to save yourself before accepting reality; do not let the lack of judgment about the market force you to drift along helplessly.
In the crypto market, struggling and crawling, nothing goes smoothly, but one’s mindset cannot collapse. In the mundane daily investment routine, maintain humility and effort; even if the returns are meager, always keep a keen sense of the market and hope like a faint light.
All the fluctuations in the crypto market are temporary. If a bull market arrives, seize the opportunity to profit; if a bear market strikes and prices plummet, don’t panic too much; market cycles will turn, and everything will pass, eventually leading to opportunities.
I hope that in every loss from investment, every anxiety faced during market fluctuations, every blind confidence in one’s own judgment, every stubborn adherence to wrong decisions, and every frustration from missing opportunities, you can gain valuable experience and achieve personal growth.
Some project fraud is simply unforgivable; it has nothing to do with tolerance. Every investor has their own bottom line. You will eventually understand that relying solely on impulse, fantasies of wealth, and the novelty of entering the crypto world are not the fundamentals for lasting success, nor true investment wisdom.
To grow in the crypto market, one must understand to follow less blindly, research deeply, act low-key, and enhance one's ability to analyze the market and withstand pressure. In every trading day filled with opportunities and challenges, strive to become someone who can accurately grasp the market and invest rationally.
To find joy in the crypto market, it’s not about how much wealth you possess, but how little you care about gains and losses. Focus on market trends, analyze project potential, plan your investments, and let your investment journey be filled with fun, anticipation, and the ability to control risks freely.
In the crypto market, you don’t have so many spectators always watching you, so don’t always be hesitant. Boldly research projects and make reasonable investment decisions without being overly disturbed by external voices.
Crypto market investors often have to swallow losses caused by incorrect judgments, quietly endure without complaints or discouragement, wipe away tears, and continue forward. No one can be as inexperienced and storyless as when they first entered the market; the cost of growing in the crypto world is saying goodbye to the blindly impulsive self of the past.
When investing in the crypto market, pursue stable and ordinary returns, but do not be complacent or lack ambition; be bold in seizing opportunities but do not be careless or ignore risks; dare to express opinions but do not boast without basis; think more about market logic but do not overthink or confuse yourself.
Actively participate in the market, but do not blindly act recklessly or lack strategy; know how to compromise appropriately, but do not yield to principles; humbly learn from experience, but do not be vain or pretend to understand; be brave to try new investment ideas but do not be stubborn and refuse advice.