The cryptocurrency market is like a violent ocean, where some sink while others catch the giant waves. In 2019, I was surviving on instant noodles, but now I've achieved financial freedom. This is not a stroke of luck, but a victory of cognition and discipline. Reflecting on this journey from 50,000 principal to 30 million assets, I have distilled the core logic and practical strategies for navigating bull and bear markets.

One, initial stage: from 50,000 to 5 million.

1. Capture the DeFi revolution dividend.
The 'DeFi Summer' of 2020 was a turning point in wealth distribution. I invested 50,000 in the ETH-USDT liquidity pool, achieving annual returns as high as 300%-1000%. The key operation is:

  • Deeply calculate the balance point of impermanent loss and token release, ensuring mining income covers risks;

  • Take profits in batches after UNI and SUSHI listings, securing 500,000 profits.

2. Precise layout before the bull market starts.
At the beginning of 2021, I anchored 80% of my funds in the two core assets of BTC and ETH:

  • BTC from 10,000 → 60,000, position increased 6 times.

  • ETH from $400 → $4800, position increased 12 times;

  • Remaining positions bet on new public chain dark horses like SOL and MATIC, some achieving 20-50 times returns.
    By the end of 2021, assets exceeded 5 million. The underlying logic during this phase is:Buy leaders in the early bull market, buy ecosystems at the end of the bear market.1.

Two, advanced stage: from 5 million to 15 million.

1. The art of topping out: data > emotions.
In November 2021, when the market fell into frenzy, I cleared 80% of my positions through three signals:

  • Exchange BTC supply surged (whales offloading);

  • Fear and greed index broke 90;

  • Futures funding rates are excessively high (long leverage overheated).
    Refusing greed is the first iron rule to preserve profits..

2. Dollar-cost averaging in bear markets: the wealth code against human nature.
In the 2022 market crash, I initiated the 'pyramid increasing position strategy':

  • Weekly dollar-cost averaging after BTC drops below 20,000;

  • Double up on ETH when it drops below 1,000;

  • Advance layout in Layer 2 sector (ARB/OP), cost control before the mainnet launch.
    By the restart of the 2023 bull market, the value of the holdings surged to 15 million. This confirms the truth:Do not plant seeds in a bear market, only lament in a bull market.5.

3. Hotspot prediction: position in advance for new narratives.
In 2023, the market shifted to segmented tracks, I focused on three types of opportunities:

  • BRC-20 ecosystem: ORDI from $3 → $90, 30 times exit;

  • Solana revival: Early layout of BONK and PYTH, some positions 50 times;

  • AI sector: RNDR and TAO build positions during the pre-explosion period.

Three, explosive phase: 15 million → 30 million.

1. Trend trading in the main rising wave.
In 2024, the ETF approval will ignite the bull market, I will implement a 'core + satellite' strategy:

  • 50% position long holding BTC and ETH, benefiting from doubling gains;

  • 30% position for swing trading in the L2 sector (Cankun upgrade drives ARB and STRK soaring);

  • 20% position chasing Meme coins (PEPE, WIF), strict profit-taking.

2. Precise application of low-leverage contracts.
⚠️ Contracts are not gambling tools but rather risk control tools:

  • Only open positions when breaking key levels (e.g., go long when BTC breaks 50,000, stop loss at 48,000);

  • Leverage ≤ 5 times, single position ≤ 5% of total funds;

  • After ETH breaks 3000, stepwise increase positions, targeting clearly at 4000.

3. Arbitrage strategy: picking up coins from market loopholes.

  • Exchange price difference arbitrage (Binance vs OKX BTC price difference, annualized 15%-30%);

  • Futures and spot premium arbitrage, locking in risk-free profits.

Four, core strategy: profit framework across cycles.

1. The golden ratio of position management.

  • 50% long-term value position: BTC and ETH as the cornerstone, supplemented by leading AI and Depin sectors;

  • 30% trend trading position: capturing the main rising wave by combining EMA moving averages and RSI indicators;

  • 20% hot speculative position: quick in and out, refuse to cling.

2. Risk control is the survival baseline.

  • Single currency holdings ≤ 20%, avoid black swan risks;

  • Stop loss at over 10% loss, do not hold positions;

  • Always maintain 30% cash to deal with extreme markets.

3. Cognitive evolution determines the wealth ceiling.

  • On-chain data > candlestick charts: whale holding changes are leading indicators;

  • Dollar-cost averaging in bear markets is the only path for ordinary people to make a comeback;

  • Refuse the 'holy grail mentality', execute simple strategies to the fullest.

Five, bloody lessons: advice for ordinary investors.

  1. Contracts are a double-edged sword: 2025 data shows that 83% of leveraged liquidations occur due to adding to losing positions, ultimately leading to zero;

  2. Cycles are greater than technology: profit-taking in bull markets must be decisive, patience is needed in bear market layouts, the 4-year halving cycle is BTC's 'heavenly path';

  3. Life is greater than investment: as shown in the case of a former Chinese Super League player who blindly invested in futures and ended up with a 4 million debt—investing is to serve life, not the other way around.

The essence of investment is monetizing cognitive understanding. From instant noodles to the road to freedom, my greatest realization is:

High profits come from the unexpected, while compounded returns come from discipline. The market rewards not intelligence, but clarity.


The market is unpredictable; the key is to seize the opportunity before acting. If you're still confused, you might as well follow me, and I will regularly share cutting-edge news, precise strategies, and practical insights to help you seize major trends!

#加密市场回调 #加密圆桌讨论