Let me share my story in the crypto world!
1. Entering the crypto world, using 100,000 as capital to gamble on the future.
In 2017, at 26, I was working at an internet company with a monthly salary of 20,000, with little savings. By chance, I got involved in the crypto world and saw the surge of Bitcoin and Ethereum*, feeling the opportunity had come. At that time, I knew nothing about trading and just bought some ETH+ and LTC+ based on instinct, thinking of holding long-term. A few months later, Bitcoin rose from 300 to 1000; my principal tripled, and my account neared 300,000. I felt the madness of the crypto market for the first time and solidified a belief—this place could lead me to financial freedom.
2. Getting rich in a bull market, tenfold in a year.
In early 2018, the market entered a crazy phase, even altcoins were doubling in a day. I started researching new projects and discovered a market rule: 'Hot narrative' dictates the flow of funds.
Such as NEO+, EOS+. Back in that year, ICO+ was the mainstream, and I decisively invested in several popular projects.
Funds broke through 3 million. The market was surging every day, and I kept compounding and adding positions; in just a few months, the funds doubled.
Learn to 'hedge.' But soon, the market began to adjust, and I realized I couldn’t just focus on going long; I had to consider multiple angles.
3. In the bear market of 2018, a 90% loss.
The money made in a bull market was lost within six months. BTC+ plummeted from $20,000 to $3,000, and my altcoins were nearly worthless.
At that time, I finally understood: making money in the crypto world relies not on luck, but on strategy and mindset.
To survive, I adjusted my thinking:
Returns. Using both spot and contract trading: long-term layout in spot, short-term magnification in contracts.
In a bear market, only focus on leaders: BTC, ETH, SOL+, these liquid coins are the ones that can truly survive.
Waiting for a market turning point: I did not sell at the bottom but used the remaining funds.
Gold, gradually adding positions at low levels.
This wait lasted two years.
4. In the bull market of 2021, assets surpassed eight figures.
As the market warmed up, BTC surpassed $10,000. I decisively increased my positions, putting my principal into BTC, ETH, and DeFi sectors while also starting to study contract trading.
At the beginning of 2021, DeFi exploded; I invested heavily 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 of Dogecoin and SHIB+ with a single profit exceeding 5 million.
In the later stages of a bull market, I learned to take profits gradually at high positions, ensuring I secured my funds.
At the end of 2021, my account funds broke through 30 million, achieving complete financial freedom. 5. In the post-bull market era, mindset determines everything. In 2022, the market entered another adjustment; I no longer panicked as I did back then, but maintained patience, 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 profit?
The core issue is frequently making irrational decisions at the wrong times! Whenever the market pulls back, many investors sell off in a panic, like startled birds. If you ask why they sold, the answer is often astonishing: 'Everyone is selling, if I don't sell, I will lose big!' This blind following behavior has long deviated from the essence of investment; it is merely a battle of wealth consumption under collective irrationality.
The fluctuations of the global economy seem complex and unpredictable, but actually align with the underlying logic of capital operation. Whether it is geopolitical conflicts, cyclical economic crises, or sudden market panic, history is always strikingly similar, continuously reenacting familiar plots:
The operating cycle of large institutions.
Step 1: Create panic—institutions sell off in concentration, causing intense market fluctuations.
Step 2: Retail investors stop-loss—investors panic and sell at the lows due to fear.
Step 3: Accumulate positions at low levels—institutions calmly take over, completing low-cost accumulation of chips.
The harsh truth of the market is:
Professional investors often make decisive moves during sharp declines.
Ordinary investors always chase highs and sell lows.
Ultimately leading to wealth flowing from the majority to the minority.
The true investment wisdom should be:
Market crashes are precisely the litmus test for high-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 return is determined by the fundamentals of the enterprise.
Eight golden rules of the crypto world! Those who understand them are making steady profits.
The crypto world is ever-changing; mastering these eight practical rules will help you avoid 90% of detours! It’s recommended to bookmark and study them repeatedly.
Replenishing positions to seek to break even, hoping for profits is greed.
When your position is trapped, don't fantasize about 'bottom-fishing to turn around'; gradually add positions to control losses. Protecting the principal is the key. Chasing highs and selling lows only increases losses!
When the calm surface rises high, beware of the big waves behind.
A one-sided rise without volume is a dangerous signal! It is advisable to set a trailing stop to lock in profits and guard against sudden sell-offs by the main force.
After a big rise, there will definitely be a pullback; the K-line will draw a triangle over several days.
After a 90% surge, there will definitely be a pullback! When the K-line turns into a converging triangle, the long-short battle is fierce; at this time, hold your hands and wait for the direction to clarify before taking action.
4. Buy on the dip, sell on the rise.
Buy on stabilization during downturns, sell on stagnation during uptrends. Use counter-trading to avoid chasing highs and combine with volume indicators for more precision.
5. Don't sell when prices rise, don't buy when prices plummet; don't trade when prices are flat.
Don’t take profits if the pressure hasn’t been broken, and don’t bottom-fish if the support hasn’t been broken! In a sideways market, with unclear direction, it’s safer to observe or test with light positions.
6. In an uptrend, look for support; in a downtrend, look for resistance.
During the uptrend, pay close attention to moving average support; reduce positions promptly if it breaks; during downtrends, focus on resistance; if a rebound hits resistance, you can short.
7. Going all-in is a huge taboo; you must know when to stop amidst constant changes.
Always keep 30%-50% cash! Set stop-loss and take-profit levels; decisively exit if the market goes against you, and keep enough bullets for opportunities.
8. What matters in trading is your mindset; greed and fear are the biggest enemies.
Chasing highs and selling lows stems from human weaknesses! Set a trading plan in advance, use discipline to combat FOMO emotions, and rational decision-making is the key to lasting success.
The crypto market is like a battlefield; the mnemonic is the compass! Follow me to unlock more practical skills and guide you steadily through the digital waves!
In the crypto market, don’t be too hard on yourself.
Some project teams do not deserve your unconditional trust; some failed investment experiences do not need to be constantly dwelled upon.
Don't wait until your funds have significantly shrunk and it's too late to turn back before accepting reality; don't be forced to go with the flow due to a lack of market judgment and confidence.
In the crypto market, nothing goes smoothly; your mindset must not collapse. In the ordinary daily investment, maintain humility and effort; even with meager returns, you must always remain sensitive and hopeful towards the market like a faint light.
All market fluctuations in the crypto market are temporary. If a bull market comes, and everything is green, seize the opportunity to profit; if a bear market hits and prices plummet, don’t be overly anxious; market cycles turn, everything will pass, and opportunities will always come.
I hope that in every investment loss, in every anxiety faced during market fluctuations, in every blind confidence in my own judgment, in every stubborn adherence to wrong decisions, and in every resentment of missing market opportunities, I can gain valuable experience and achieve personal growth.
Some fraudulent behaviors in projects are simply unforgivable; this is not about tolerance. Every investor has their own bottom line. You will eventually understand that impulsive actions, fantasies of getting rich quickly, and the novelty of entering the crypto world are not the foundations for long-term survival, nor true investment wisdom.
Growing in the crypto market means understanding to avoid blind following and to research diligently, knowing to act low-key and not to flaunt or show off, learning to improve your market analysis and stress resistance. 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 crypto market isn't about how much wealth you possess, but how little you care about gains and losses. Pay attention to market trends, analyze project potential, and make your investment plan enjoyable, full of expectations, and able to freely control risks.
You don’t have that many onlookers in the crypto market constantly watching you, so don’t always be hesitant. Boldly research projects and make reasonable investment decisions without letting external voices overly interfere.
Crypto market investors often have to swallow losses due to incorrect judgments, then silently bear it, without complaining or losing heart, drying their tears and continuing forward. No one can be as inexperienced and storyless as when they first entered; the cost of growing in the crypto world is parting with the impulsive self of the past.
When investing in the crypto market, pursue steady and ordinary returns but do not settle for mediocrity and lack of ambition; boldly capture opportunities but do not be careless and ignore risks; dare to express your opinions but do not boast without basis; think more about market logic but do not overthink and confuse yourself.
Actively participate in the market, but do not blindly rush in or lack strategy: learn to compromise appropriately, but do not compromise on principles; be humble in learning from experience, but do not be vain or pretend to understand; be bold in trying new investment ideas, but do not be stubborn and ignore advice.
Exploring the world of digital currencies is like understanding the profound truths of life; once you grasp the wisdom of living, the mysteries of the crypto world will be illuminated.
The way of simplicity lies in the integration of knowledge and action, enabling you to navigate smoothly and confidently!
Keep following me to avoid hitting walls on your crypto journey and to find shortcuts. I am Mu Qing, dedicated to delivering the most valuable crypto news and insights.
If you resonate with this, here, diverse perspectives converge to illuminate wisdom; a singular voice cannot obscure the brilliance of truth. We delve deep into core technologies of the crypto world, walking with time; the truth will surely emerge!
