In the winter of 2019, I threw in 200 units I saved over 5 years in the real world into the crypto sphere. At that time, Bitcoin was only 7000 USD, and the screen was filled with advertisements for hundred-fold altcoins. I jumped into a top-tier public chain like a hungry wolf, and as a result, it plummeted 82% in 3 months, turning 2 million into 9000, and for the first time understood what it meant for the 'zeroing engine to start'.

In despair, I did something crazy: I cleared all altcoins and exchanged them for 0.5 BTC + 6 ETH, uninstalled the trading app, and locked it in a cold wallet. Friends called me a coward, but I knew: surviving longer in a bear market is a hundred times more important than making quick profits.

After enduring until April 2021, Bitcoin broke through 60,000 USD. Opening the dusty wallet, that 0.5 BTC surprisingly turned into 200,000 — it turns out the grassroots way to survive is to 'hold mainstream coins and wait for the bull to carry the sedan'.

The iron law in darkness: Dollar-cost averaging BTC/ETH in a bear market is like burying an Easter egg for your future self

App deletion survival technique: Those who uninstall software during a crash ultimately win over emotional gamblers

In September 2021, when DOGE skyrocketed 30 times in a month and the WeChat group was frantically sharing the get-rich code, I made a decision that was laughed at by the entire internet: I sold all my coins and cashed out 3.2 million to exit.

Judgment basis is cold-blooded to the extreme

BTC hovered at 60,000 USD for 47 days but couldn't break through, with on-chain whale addresses continuously selling off;

New retail investors start mortgaging properties to invest in meme coins — this is the bloody signal light of the end of the bull market.

Just cleared my holdings for 3 months, LUNA crashed overnight, and FTX's hundred billion empire evaporated. Holding 3.2 million in cash during the bear market, like a patient hunter in 2024's Solana ecological explosion season, while countless people chased high and sold low, I made 6 million in profit with three moves

When my account broke into 8 figures, my wallet still held BTC + ETH + USDT. Only after experiencing life and death did I truly understand:

Principal > Belief:

Cut losses on losing coins faster than lightning (-8% unconditional stop loss), let bullets fly on profitable coins (add to positions only if floating profit > 15%)

Data > Master:

Every day, I diligently study on-chain data + macro cycles (like the Federal Reserve's interest rate decisions), KOL recommendations = retail investor harvesting machine

Living > Getting rich:

Never use leverage (liquidation is the grave of geniuses). Dollar-cost averaging in a bear market is like drinking water, and escaping the peak in a bull market requires decisiveness

Lastly, a heartfelt truth: There are no legends in the crypto sphere, only players who survive the deadlock.

After enduring the despair of the bear market and betraying the greed of the bull market, I realized — millions of wealth are merely a reward for discipline. For daily precise market analysis and following, please check the homepage introduction