1. Winter 2018: 500,000 Capital Reduced to Zero in 72 Hours. I will never forget that snowy night when the numbers on the computer screen jumped from 500,000 to 0, and the liquidation notice from the exchange pierced my eyes like an icicle.
At that time, I went all in on a certain platform coin, leveraging 5 times betting on it going live on mainstream exchanges — the result was a delay in the announcement, and the coin's price plummeted by 70%.
In a rental house with inadequate heating, I sat on the floor wrapped in a blanket, my phone filled with missed calls from family. On the table, K-line chart printouts were scattered, with arrows drawn indicating "increase position upon breakthrough."
I later realized: in the crypto world, the most dangerous thing is not not understanding technology, but not knowing how to respect it.
2. The Birth of the Clumsy Method: A Counterattack Starting from 3000. After the liquidation, I started again with the remaining 3000, writing "Clumsy Method" on the first page of my notebook:
1. Dynamic Position Management: Positive Pyramid Positioning Method.
In March 2020, BTC dropped from $8,000 to $3,800. I built my position in three batches:
First, I bought 1,000 (10% position). After a 10% rebound, I bought 600 (6% position). When it broke through $5,000, I bought 300 (3% position).
This operation allowed me to earn 12,000 from 3,000 and experience the magic of "gradually increasing position size when profitable" for the first time.
2. The Iron Rule of Stop Loss: The 2% Loss Red Line Saved Me 17 Times
In a certain MEME coin in 2021, I bought in at 0.5U and set a stop loss at 0.49U (2% loss). When it dropped to 0.48U, the system automatically closed my position — later, that coin fell to 0.01U. My friend laughed at me for having "too strict of a stop loss," but I knew: the losses from 10 stop losses can't compare to the destruction of one liquidation.
3. The Bear Market of 2022: Earning My First 10 Million with the Clumsy Method. That year, the market was bleeding, and I survived with the "Triple Verification System":
Fundamentals + Technicals + Sentiment Resonance Strategy.
Fundamentals: A certain DeFi protocol's locked amount grew by 30% against the trend. Technicals: Weekly MACD golden cross, 30-day line turning upwards. Sentiment: Twitter discussions increased by 200%, but the media had not yet reported.
I bought in at 2U, set a dynamic take profit (liquidate at a 30% retracement), and finally sold at 8U — this trade made 300,000, becoming the starting point of my ten million assets.
Response to Extreme Market Conditions: Reverse Hedging During Black Swans
On the night of the FTX collapse in November 2022, I activated my crisis plan:
50% of funds to buy PAXG (gold-backed coin), 30% to short BTC perpetual contracts, and 20% as cash reserves.
When BTC dropped from 16,000 to 10,000, my account actually appreciated by 15% — it turns out that real trading is about making the right choices when others are panicking.
4. The Current Me: The 'Clumsy' Philosophy Behind Ten Million Assets. Now, two phrases hang on the wall of my trading room: "Slow is Fast" and "Discipline Above All." Every day I must do three things:
Trading Log: Record the emotional fluctuations of each trade.
Yesterday, I made a 20% profit on a certain AI coin, and I transferred 10% of the profits to my bank account — this is an iron rule written in the "Profit Handling Strategy."
Cognitive Upgrade: Studying Central Bank Policy Reports Monthly
Last month, before the Federal Reserve's interest rate cut expectations were released, I preemptively positioned myself in anti-inflation coins, reacting 72 hours earlier than the market — information disparity is not insider information, it's the reward of continuous learning. Psychological Management: The pause button when the circuit breaker mechanism is triggered.
The week before last, I suffered 3 consecutive losses, so I forced myself to halt trading for 24 hours. While jogging by the river, I figured out the strategy loophole — trading is not a battle, but a practice.
5. The Last Letter to Newbies: True Wisdom Lies in Clumsy Methods. Yesterday, I received a private message from a fan saying he avoided a certain coin's crash using my "2% Stop Loss Method." Suddenly, I remembered that snowy night in 2018 when I looked in the mirror and said, "Either learn to respect the market, or get out of this circle."
Now, I have bought a three-bedroom, two-living room apartment in Shanghai, and from my balcony, I can see the Huangpu River. But I know that true wealth is not the numbers in the account, but the pits I've stepped in, the tears I've shed over the years, and the truths I've ultimately grasped:
In the crypto world, smart people are always looking for shortcuts, while the clumsy have already reached the finish line through discipline.
