1. Just entering the cryptocurrency market, with 100,000 capital to gamble on the future.
In 2017, at 26 years old, I worked at an internet company with a monthly salary of 20,000 and little savings. I accidentally came across the cryptocurrency market and saw the rise of Bitcoin and Ethereum, feeling that an opportunity had arrived. At that time, I had no understanding of trading and just bought some ETH and LTC based on intuition, thinking about holding them long-term. A few months later, Bitcoin and ETH rose from 300 to 1,000, and my capital tripled, bringing my account close to 300,000. I felt the madness of the crypto market for the first time and solidified a belief—that this place could lead me to financial freedom.
2. Wealth accumulation during bull markets can multiply tenfold in a year.
At the beginning of 2018, the market entered a crazy phase where even altcoins doubled in a day. I began researching new projects and discovered a market rule: "Hot narratives" determine the direction of fund flows.
Such as NEO and EOS.· In that year, ICOs were mainstream, and I decisively invested in several popular projects.
Capital exceeded 3 million. The market is surging every day, and I am constantly compounding my investments; in just a few months, my capital has doubled.
Learn to "hedge." But soon, the market began to adjust, and I realized that I could not only go long; I had to consider multiple angles.
3. In the 2018 bear market, a loss of 90%.
The money earned in the bull market was lost in just six months. BTC plummeted from $20,000 to $3,000, and the altcoins I held almost went to zero. At that time, I understood: making money in the cryptocurrency market relies not on luck but on strategy and mindset.
To survive, I adjusted my mindset:
Returns.· Spot + contract dual approach: long-term layout in spot, short-term amplification in contracts.
Only trade leading coins in a bear market: BTC, ETH, SOL are the only coins that can truly survive.
. Waiting for the market turning point: I did not cut losses at the bottom but used the remaining funds.
Buy low and accumulate slowly.
This wait lasted two years.
4. In the 2021 bull market, assets exceeded eight figures.
The market is recovering, and BTC has broken through $10,000. I decisively increased my position, allocating my principal to BTC, ETH, and the DeFi sector, and began researching contract trading.
, at the beginning of 2021, DeFi exploded, and I heavily invested in UNI and AAVE, which increased tenfold in just a few months.
. In the mid-bull market, Meme coins surged, and I caught a wave with Dogecoin and SHIB, with a single profit exceeding 5 million.
. In the late bull market, I learned to take profits in batches at high points, securing the funds.
At the end of 2021, my account balance exceeded 30 million, achieving complete financial freedom. 5. In the post-bull market era, mindset determines everything.
In 2022, the market entered another adjustment phase; I no longer panicked like I did in the past but maintained patience, waiting for the next cycle.
There are no myths in the cryptocurrency market; only those with stable mindsets and strong execution can truly make big money.
Why is it difficult for 90% of investors to profit?
The core issue is making irrational decisions at the wrong times! Whenever the market corrects, many investors hastily sell off like startled birds. If you ask for the reason behind the sell-off, the answers are often shocking: "Everyone is selling, if I don’t sell, I’ll lose big!" This kind of blind following has long deviated from the essence of investment; it is merely a battle of wealth consumption driven by group irrationality.
Global economic fluctuations seem complex and unpredictable, but they actually align with the underlying logic of capital operation. Whether it’s geopolitical conflicts, periodic economic crises, or sudden market panic, history is always remarkably similar, continually replaying familiar plots:
The trading cycle of large institutions.
Step one: Create panic—institutions sell off en masse, causing market turbulence.
Step two: Retail investors set stop-losses—investors panic and sell at low points out of fear.
Step three: Accumulate at low levels—institutions calmly take over, completing the low-cost collection of chips.
The brutal truth of the market is:
Professional investors often decisively position themselves during a crash.
Ordinary investors always chase highs and sell lows.
Ultimately leading to wealth flowing from the majority to a minority.
True investment wisdom should be:
Market crashes are just a test for quality assets.
Moments of collective panic often contain excellent entry opportunities.
Most returns 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 returns are determined by the fundamentals of the enterprise.
The eight golden rules of the cryptocurrency market! Those who understand them are profiting.
The cryptocurrency market is ever-changing; mastering these eight practical mnemonics will help you avoid 90% of the pitfalls! It is advisable to save and study them repeatedly.
1. Average down to seek break-even; hoping for profit is greed.
When your position is locked up, don’t fantasize about "catching the bottom to turn it around"; average down to control losses; preserving the principal is the way to go. Chasing highs and selling lows will only exacerbate losses!
2. A calm surface hides a big wave behind.
A one-sided rise without volume is a dangerous signal! It is advisable to set a trailing stop-loss to lock in profits and guard against sudden crashes by major players.
3. After a big rise, there must be a pullback; the candlestick forms a triangle over several days.
After a 90% surge, there must be a pullback! When the candlestick patterns converge into a triangle, the long-short battle is intense; at this time, hold steady and wait for clarity before acting.
4. Buy on the dip, sell on the rise.
Buy on dips when prices stabilize, sell when prices stagnate on the rise. Counter-trend operations avoid chasing highs, combined with volume indicators for more precision.
5. Do not sell on a rise, do not buy on a drop, do not trade in a sideways market.
Do not take profits if the pressure has not been broken, and do not catch the bottom if support has not been broken! In a sideways market, with unclear direction, it is safer to observe or test with light positions.
6. In an uptrend, look for support; in a downtrend, look for resistance.
In a rising phase, focus on moving average support; reduce positions if it breaks down; in a downturn, pay attention to resistance suppression, and short if rebounds encounter resistance.
7. Full position trading is a big taboo; know when to stop amidst constant changes.
Always keep 30%-50% cash! Set stop-loss and take-profit orders; if the market is not favorable, exit decisively and keep enough capital for opportunities.
8. Trading cryptocurrencies is about 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 decision-making is key to winning in the end.
The cryptocurrency market is like a battlefield, and the mnemonic is the compass! Follow me to unlock more practical skills and guide you steadily through the digital wave!
In the cryptocurrency market, do not be too hard on yourself.
Some projects are not worth your unconditional trust; some failed investment experiences need not be held onto forever.
Don’t wait until your funds have drastically shrunk and there’s no way back to accept reality; don’t be forced to go with the flow due to a lack of market judgment and uncertainty.
In the cryptocurrency market, everything may not go smoothly; the mindset must not collapse. In the mundane routine of investing, maintain humility and effort; even with meager returns, one should always remain sensitive to the market and hopeful like a glimmer of light.
All fluctuations in the cryptocurrency market are temporary. If a bull market arrives with a sea of green, seize the opportunity to profit; if a bear market comes with crashing prices, do not overthink; market cycles will rotate, and everything will pass, eventually welcoming a turning point.
I hope that in every disappointment from investment losses, in every anxious moment facing market fluctuations, in every overconfident moment of blind judgment, in every stubbornly adhering to wrong decisions, in every frustration from missing opportunities, one can gain valuable experience and achieve personal growth.
Some fraudulent behaviors in projects are simply unforgivable, and this has nothing to do with tolerance; every investor has their own bottom line. You will eventually understand that acting on impulse, fantasizing about getting rich, or the novelty of entering the cryptocurrency market are not the fundamentals for establishing a long-term presence in this space, nor are they true investment wisdom.
In the cryptocurrency market, growth means understanding not to blindly follow the trend but to study deeply, knowing to keep a low profile, not to flaunt or show off, and to improve one's ability to analyze the market and withstand pressure. In every trading day filled with opportunities and challenges, strive to be the one who can accurately grasp the market and invest rationally.
Finding joy in the cryptocurrency market is not about how much wealth you possess, but about how little you care about gains and losses. Focus on market trends, analyze project potential, and make your investment plans, ensuring your investment journey is filled with fun, anticipation, and the ability to control risks freely.
You don’t have that many spectators in the cryptocurrency market constantly watching you; don’t always hesitate. Boldly research projects and make reasonable investment decisions without being overly disturbed by external voices.
Cryptocurrency market investors often have to swallow losses caused by misjudgments and quietly endure without complaining or losing heart, wiping their tears and moving forward. No one can remain as inexperienced and storyless as they were when they first entered the market; the price of growing in the cryptocurrency space is bidding farewell to the blindly impulsive self of the past.
When investing in the cryptocurrency market, pursue steady and ordinary returns, but do not settle for mediocrity or lack ambition; be bold in seizing opportunities but do not be careless or ignore risks; be willing to express your opinions but do not boast without basis; think deeply about market logic but do not engage in wild speculation or confuse yourself.
Actively participate in the market, but do not act blindly or lack strategy; understand the need for moderate compromise but do not give in without principles; be open to learning from experience but do not be vain or pretend to understand; dare to try new investment ideas but do not be obstinate or ignore advice.