From 30,000 in capital to now a nine-figure fortune, living in a large flat in Shenzhen Bay, it was not due to overwhelming luck, but after enduring three waves of bull and bear markets, I understood the cruelest truth in the coin circle: fast is slow, and slow is fast.

Today I am sharing my hard-earned practical experience; friends who are new to the market can at least save 500,000.

1. The fatal illusion in a bull market: the more you grab, the worse you lose.

Every time a bull market comes, the community erupts: 'This coin has risen by 30!' 'That sector has started again!'

Newbies always think there are opportunities everywhere, but end up chasing DeFi with one hand and grabbing NFTs with the other, only to find their accounts worse than in a bear market.

I realized a truth during the bull market in 2021: there is only one main line; getting a piece of it is enough.

When the Metaverse concept exploded, I spent three days and nights filtering through 200 related coins, finally locking onto 3: Sandbox, which broke its previous high first, Decentraland, which ranks firmly in the top three by market cap, and a low-positioned leading coin that started to rebound.

Only do these three throughout; I will never be envious even if other sectors soar. When that round ended, Sandbox alone brought me 12 times the return.

Remember: money in a bull market is not made by 'more', but by 'accuracy'.

2. The golden rule for selecting coins: buy new, not old; buy strong, not weak.

People always ask me: 'Can I buy Bitcoin at the bottom now?' 'Is Ethereum's drop an opportunity?'

I never touch old coins, not because they are bad, but because the times have changed.

Old coins are like washed-up stars; no matter how glorious they once were, they cannot escape the fate of liquidity exhaustion. Those old coins bought in 2018 are now 90% lying dead at prices of 0.000x, and even exchanges are too lazy to list them.

New coins have the potential to break through: the Layer2 newcomer that launched last year surged into the top 20 by market cap in just three months; new AI concept coins doubled on the day they were listed.

Don't be misled by 'low prices'; the iron rule in the coin circle is that funds will always flow to places with stories to tell.

3. Contracts are a double-edged sword; if used correctly, they are a powerful tool, but if used incorrectly, they are a butcher's knife.

When I was at my craziest with contracts, I once made enough in a day to buy a house, but also blew up 5 times in one week.

If you have to touch contracts, these three red lines must not be crossed:

Leverage up to 10 times; exceed this number, and your fate is in the hands of the casino.

Set the stop-loss line at 5%, and cut immediately when it hits; hesitating for even a second is just wasting money.

Always keep 30% in reserve, even when you see a 100% certain market.

I've seen too many people who clearly saw the right direction but died on high leverage with full positions. Remember: contracts earn money from risk control, not from market trends.

4. A foolish way to navigate cycles: be fearful when others are greedy and position when others are fearful.

During the worst of the bear market in 2022, there were people in the community shouting every day that 'the coin circle is over.'

I quietly built positions in two tracks: one was the then-ignored ZK concept, and the other was a new public chain coin outside the top 50 by market cap.

The method is very simple:

Choose only 2 targets in each track: one is a leading coin with real application, and the other is a potential stock still in the private placement phase.

Invest regularly; stop after 6 months of investing in a bear market.

Sell half when the bull market rises to 3 times, and liquidate everything at 5 times.

This method, which looks incredibly foolish, allowed me to multiply my capital by 8 times during last year's small bull market.

The coin circle is never about who runs faster, but about who survives longer. Those who chase trends and hope for doubling have long been eliminated by the cycles.

Old masters only do real trades; the team still has spots available for fast entry.