The sound of rain at three in the morning shatters more than just the window.
The cigarette box is empty, and the raindrops at three in the morning are beating intensely against the glass. That sound resembles the afternoon in 2024 that tore my life apart—her decisive echo as she slammed the door. That year, I personally turned myself into an absurd drama: the waves of the crypto world devoured half a lifetime of savings, my family fell apart, and my dignity scattered all around. Once, standing at the edge of the balcony, even the howling wind seemed to mock my embarrassment.
At this moment, I can sit here and type these words, not to proclaim a glorious 'comeback'. Instead, I want to tell you, who are also struggling in the mud: This double-edged sword of crypto can destroy a person, but it can also pierce through illusions, allowing you to see the crude essence of 'being alive'. If you are deep in the valley, I hope my remains can ignite a glimmer of light for you.
Perseverance itself, in the darkest moments, is the most luxurious feat.
(This is lengthy; if you need to get to the core, the end contains the survival rules distilled from ten years of blood and tears, valuable for repeated understanding.)
Those heart-wrenching questions are the sparks that ignite a broken body.
On the day of the divorce, my ex-wife clutched the child custody agreement, each word like a knife: 'You can't even gather three thousand for child support, what gives you the right to talk about visitation?' On the cold steps of the civil affairs bureau, I curled up for three hours, my head pounding, almost falling into the dust by the roadside.
Later, I repeatedly questioned myself: how could a decent hand of cards fall apart like this? Until one late night, the reflection in the mirror made me ask seven questions in a row, cold sweat instantly soaking my clothes:
How old are you? How much time is left to squander?
How much debt are you currently in? Can your meager income support the skeleton of survival?
What age are your parents? How long can their hunched figures wait for you?
If a close relative suddenly needs 300,000 for life-saving treatment, can you provide it immediately?
If your partner suddenly loses their livelihood, can your shoulders bear the burden?
Will you let your loved ones not be able to lift their heads in front of their closest friends?
Facing the above, do you feel an icy fear?
Are you afraid? At that time, my hand holding the frame shook like sieve rice. It was this bone-deep fear that ultimately became the fuel supporting my climb out of the abyss.
Beneath the abyss, what shatters is not just wealth.
Life always has moments of falling off a cliff. My moment of shattering was when I gambled 40 BTC and 90 ETH to exchange for a pile of altcoins I couldn't even understand the white papers of—looking back now, that all-in gamble based on 'cognitive blind spots' was so foolish!
The account balance evaporates daily in tens of thousands, debt information fills my phone, and when my parents call, I can only force a smile and say 'projects are busy.' One late night, I came across a video of my son's innocent kindergarten days, and the sudden sorrow made me curl up on the ground, wailing uncontrollably. The most brutal part of the abyss is not the deprivation of money, but the crushing of your confidence, judgment, and even your hopes for the future into powder. Self-doubt wraps around me like poisonous vines: Is this life destined to sink? Am I not worthy of wealth?
It was only later that I realized, those who can climb the cliff all began by facing the 'broken'. I admitted my greed, ignorance, and pathological obsession with shortcuts; I acknowledged that those altcoins were the sacrifices lured by a sense of luck. Only by accepting the reality of 'I can't' can I truly lift my head and seek a way out.
The root cause of poverty is never in the wallet.
The first step to climbing out of the mire is to understand the cause of the fall. Rereading (The Nature of Poverty), every word is like a mirror reflecting my past ailments:
The Prisoner of Instant Gratification: A little income is squandered on phones, sneakers, and illusory social engagements, while rent is looming but needs to be borrowed. But investing in one's own learning? Extremely stingy—'expenses that cannot provide instant enjoyment are not worth it.'
The Illusory Sense of Superiority: Self-proclaimed smart, mocking those who 'hold mainstream coins' as foolish: 'Which fool will accompany you to burn out on altcoins?' And the result? Other people's mainstream coins appreciated tenfold, while my altcoins turned to dust.
The Abyss of Laziness:Guo Degang's saying still echoes in my ears: 'A beggar wouldn't need breakfast; if they could get up early, they wouldn't have to beg.' I was once too lazy to deeply research projects, analyze cycles, or review failures, only longing for others to 'feed' me codes and price points, even fantasizing about wealth directly entering my pocket.
These persistent thoughts and behaviors are the true roots of poverty.
Survival in the sea of coins: engrave these iron rules into your bones.
Now the account is slowly recovering, not relying on luck, but on countless painful realizations. Here are a few heartfelt words for those who come later:
One, SAR Indicator: A silent whistle of trends, a survival anchor for beginners.
Do not blindly trust complex indicators; the way is simple. The SAR (Stop and Reverse point) follows you like a shadow: points below the K-line act as shields for bulls, while points above the K-line serve as alarms for bears. It can be understood in five minutes and is useful for a lifetime.
Long/Short Judge: The price remains firmly above the SAR point (the points below), firmly hold positions, no matter how much it fluctuates in the middle. Just like ETH surged from 2000 to 4000 in 2021, with SAR providing support all the way. If I strictly adhered to this rule, I could make millions.
Stop Loss Beacon: If the price drops below the SAR point (the points leap up), exit immediately. Last year, when BTC dropped from 69,000 to 30,000, the SAR lit up above 50,000. I decisively liquidated my position, avoiding a catastrophic loss.
The Angle Mystery:
The SAR point steeply ascends (>45 degrees), and the upward momentum is strong. Avoid exiting early (like SOL soaring from 20 to 100 in 2023, with SAR nearly vertical upwards).
The SAR point plunges straight down (>45 degrees), and the downward momentum is dangerous. Shorting is strictly prohibited (as seen in the 2022 LUNA crash, with SAR dropping nearly 90 degrees, those who tried to catch the bottom vanished).
Important Reminder: The SAR may easily fail in a choppy market (points jumping frequently). At this time, it is better to observe the changes—its sharpness lies in capturing trends, not predicting fluctuations.
Two, Support/Resistance Levels: The invisible skeleton of price movement, the key choke point for profit and loss.
Confused about buying and selling? Understanding 'not falling' (support) and 'not rising' (resistance) is enough.
Role reversal: Breaking support turns into new resistance, and breaking resistance becomes new support. For example: a certain coin repeatedly failed to break 6800 (strong resistance), then dropped with volume below 6000 (original support), turning 6000 into strong resistance—when it rebounds to this point, trapped positions will pour out, making it difficult to cross this threshold.
A tool for trend trading: Last year, when operating FIL, I deeply understood this: bouncing back three times at 40 dollars as support and facing resistance three times at 50 dollars. Buy at 40, sell at 50, three rounds of trading, yielding 60%.
True or false breakout, volume verifies authenticity:
For a breakout above resistance, significant volume must be present (at least twice the average volume) to be considered a 'true breakout', allowing for position increase (like when BTC broke 40,000 this year, volume surged threefold, and I increased my position, reaching 50,000+).
No volume breakout is mostly a 'false breakout', a trap for longs, leave quickly.
Three, Bollinger Bands: The compass of choppy markets, the prophet of impending trend changes.
Enduring sideways movements? The Bollinger Bands act like 'breathing elastic bands', narrowing foretells the calm before the storm, opening announces the arrival of a trend.
Narrowing and sticking together, a change is imminent: The three tracks (upper, middle, lower) closely adhere like a line, the battle between longs and shorts will cease, and the outcome is about to be revealed. At this time, avoid leverage, avoid short-term trading, and quietly await directional selection—the strength of the breakout often indicates the level of market movement (like BTC sideways for over a month in 2023, and after the Bollinger Bands narrowed, it surged 30%).
The direction of the opening guides buying and selling:
After expanding at a high position, the opening contracts, warning of risks. It is advisable to reduce positions or exit (like when the price has risen several times, and the Bollinger Bands open widely before contracting).
When the opening expands at a low position, and the price stabilizes at the middle track and turns upward, it hints at a turnaround, and you can test the waters for entry (like when the price falls deeply, and the Bollinger Bands narrow and then open, with the middle track rising).
Important Reminder: The Bollinger Bands have a lagging characteristic, adept at judging trend continuation, not precisely capturing reversal points.
Four, Volume: The true pulse of the market, the touchstone for all appearances.
Ignoring volume (the red and green bars under the K-line) when discussing rises and falls is like a blind person touching an elephant. Ninety percent of the fluctuations in the crypto market are dominated by volume—volatility without volume is mostly a solo act by the market makers.
Four sayings about volume and price:
High volume at high positions: When the price is already high (like several times the increase), suddenly a huge volume appears (the bar far exceeds usual), regardless of how beautiful the K-line is, decisively sell (the market maker is offloading).
Stabilizing with low volume: When the price drops sharply (like 70%), suddenly a huge volume appears and stops falling without making new lows, it signals capital entering, and you can gradually invest (like when BTC touched 15,000 and surged, I increased my position and profited several times).
No volume rising: Price rises while volume remains flat or shrinks, the probability of market makers 'pulling and singing' is high, rising is illusory and falling is harsh, do not chase highs.
Volume and price divergence: Price makes a new high, but volume shrinks (the bar is lower than the previous high), a sign of buying exhaustion, a bell that should always ring (like when BTC surged to 69,000 but volume declined in 2021, I liquidated my position to avoid the crash).
Five, Simplifying Complexity: A set of replicable survival rules.
Integrating the above, I have a clear and executable framework:
SAR sets the direction: SAR point down → only short, not long; SAR point up → only long, not short.
Finding support/resistance levels: Near support + SAR point down → try long; Near resistance + SAR point up → try short/take profit.
Bollinger Bands timing: Narrowing during choppy movements → wait for a breakthrough; Opening during trends → go with the trend.
Volume verifies authenticity: Always check the volume before acting! No volume, don't follow; only act when volume expands.
Last year, when trading SOL, I strictly adhered to this framework four times, each time making a profit of 15%-30%, doubling my total returns. Complexity causes hesitation, while simplicity enables decisiveness.
Final words: The alchemy of the crypto world lies only in 'simple principles' and 'iron execution'.
From the abyss of liquidation to regaining hope, the deepest realization is: the crypto world is full of opportunities, but what is scarce are the survival rules that can take root. SAR, support and resistance, Bollinger Bands, volume… these simple tools are precisely the compass for traversing the mist and avoiding deep pits.
The true wealth code is not in mysterious codes, but in understanding human weaknesses, respecting market laws, and executing that set of 'simplicity' with almost ruthless discipline. Living, living clearly, is the only qualification to await the next dawn.
The phrase I most often say now is: 'It's not that you can't do it, it's that the method is wrong.'
I have polished this rolling position recovery model to perfection.
I can share, but only with those who are serious about turning their lives around.
Serious inquiries only.
