Brothers, I’m not good with words, I can’t say anything pretty; I just want to speak from the heart—I’m 34 years old, from Changsha, Hunan, and I’ve settled down in Changsha with two houses, one for my parents and one for my wife and kids. You might not believe it when I say this, but all of this was earned through 8 years of hard work in the crypto world, with real blood and sweat money.
Eight years ago, when I entered with 300,000 capital, I was renting a 15 square meter farmer's house in Shenzhen, calculating my utility bills to get by. During the worst times, my account had only 60,000, and I could stare at the candlestick chart and cry—not because I was heartbroken over the money, but because I was afraid of letting my family down. But looking back now, it was precisely those 'dumb methods' forced out of me during that time that helped me climb out of the mud to where I am now with several million.
The most intense wave saw a base investment rise 400 times in 4 months, making me 20 million in one go. Sounds like a tall tale? But you don’t know that before that, I spent 3 months chewing through over 200 project white papers, sleeping only 4 hours a day, digging through every team's background, funding flows, and community activity. There’s no such thing as free pie falling from the sky; so-called ‘explosions’ are just the result of hard work accumulating over time.
First, a bull market isn’t about picking up gold coins; it’s about gnawing on bones—just biting one piece is enough.
During the bull market in 2021, there were people in the group every day showing off 'changing a coin every day, each one up 20%.' I looked enviously and followed for half a month, but the profit wasn’t enough to cover the fees. Later, I resolved to only focus on AI concepts and didn’t look at anything else.
Back then when AI coins just emerged, I listed over 20 related projects to see who would be the first to go on mainstream exchanges (liquidity guaranteed), who had a high code submission frequency (the team is doing work), and who had gained 50,000 Twitter followers in 3 days (there's real popularity). I finally locked in two: one leader (already up 30%, but stable), and one potential coin that just launched (no one was paying attention, but the technology was rapidly implemented).
I held the leading coin for 3 months, it increased by 8 times; a potential coin dropped 40% in between, and I gritted my teeth and didn’t sell, later a major bull wave directly pushed it to 30 times. Calculating it, this one sector earned me enough for the down payment on my first house.
Really, in a bull market, the most taboo is 'this mountain looks higher than that mountain.' You think you’ve picked up a bunch of gold coins, but they are just coins thrown away by others, and in the end, you are left holding feathers. It’s better to focus on one sector, study it thoroughly, and when the main wave comes, you can feast.
Second, new coins aren’t a hot cake, but old coins are often rotten cabbage.
When I first entered the market, I always bought old coins, thinking 'it has dropped so much, it should go up.' As a result, I bought a 'star coin' from 2017, which dropped from 10 to 0.3, and the team had long run away, yet I clung to 'nostalgia' waiting for a rebound—looking back now, I was really adorably naive.
Later I figured out a rule: the market loves new things. The stories of old coins have already been told; unless there’s a major upgrade, they are stagnant; new coins are different; even if they are not profitable temporarily, as long as the story resonates (like new technology, new scenarios), someone will be willing to bet on their future.
But new coins shouldn’t be bought blindly. I have a little notebook where I note the 'three no's for new coins': don’t touch those that are not on mainstream exchanges (for fear of running away), don’t touch those whose team background cannot be traced (most likely a scam), and don’t touch those that launch with a pull of over 5 times (most likely a pump and dump). Last year, there was a new public chain coin that didn’t rise much at launch, but the team was made up of former Google engineers. I bought 100,000, and after half a year it rose 15 times.
Third, contracts are like holding hot coals—if you can avoid it, don’t touch.
When I was at my craziest with contracts, I had an 8-digit balance, and I blew up my account 3 times in one day, watching the words 'liquidation' make my hands shake so much I couldn't hold my phone. Now, I wouldn’t touch it even if you paid me, unless I wanted to experience 'from heaven to hell, just 3 candlesticks away.'
If you insist on not listening to advice and want to play, I’ll give you three heartfelt words to remember:
First, going all in is suicide. Even if you think 'it’s 100% going up,' you must leave 30% of your money as a lifeline. I’ve seen too many people say 'just a little more and I would have blown up, let’s add some margin,' and end up sinking deeper.
Second, high leverage is poison. Leverage over 5 times is no different from dancing on the edge of a cliff—if BTC drops 5%, a 10 times leverage will blow up. When does this market not have a 5% fluctuation?
Third, cutting losses should be more natural than breathing. You should set a stop loss at the same time you open a position, whether it’s 3% or 5%, once it hits, cut it off, don’t think 'just wait a bit longer.' I once set a 3% stop loss on an ETH long position, hesitated for 5 minutes when it hit the stop loss line, and ended up losing 200,000.
Fourth, cycles are rules set by heaven; those who are stubborn will suffer.
The crypto world follows a four-year cycle, similar to farming: spring sowing (bear market layout), summer growth (early stage of bull market), autumn harvest (mid bull market), winter storage (clearing at the end of the bull). Going against this rule, no matter how much you struggle, it’s in vain.
At the end of the bull market in 2021, even the convenience store owner downstairs was talking to me about 'whether to buy Dogecoin,' and the delivery guy’s phone wallpaper was 'Bitcoin to 100,000'—at that time, I cleared all my altcoins overnight, even if one had just risen 50%. Some people scolded me for being stupid, saying 'it can still rise,' but three months later, those coins dropped an average of 90%, and the ones who scolded me had long disappeared.
In a bear market, I have a habit: keep only 10% of my position to buy BTC, and convert the rest to USDT. It's not about bottom fishing, it’s knowing that ‘the bear market doesn’t talk about the bottom.’ Instead of guessing where the bottom is, it’s better to wait until it really stabilizes before taking action. At the worst of the bear market in 2022, my account had 60,000, which was supported by this 10% BTC position, and when the rebound came in 2023, it slowly started rolling.
In the end, let me say this honestly: the dumb method is the way to longevity.
I don’t have any talent, I can’t read complicated indicators, and I don’t have insider information. Being able to survive to this day is all thanks to a set of 'dumb logic':
Don’t chase the hot spots; chasing hot spots just means you’re grabbing the tail; instead, chase what 'isn’t hot yet, but is about to be hot.'
Choose two sectors, and for each sector pick two coins: one leader for safety, and one potential for profit.
Never fully invest; in a bear market, keep a light position to observe, in a bull market, gradually increase your position, cut it all off at the end of the bull.
Most importantly: don’t make decisions based on emotions—don’t get overly excited when it rises (easy to overinvest), and don’t collapse when it falls (easy to panic sell).
Now, every day after sending my child to school, I brew a cup of tea, flip through the dynamics of the projects I’m following, and check the flow of funds, finishing my operations before 3 PM. I don’t stay up late watching the market, and I don’t gamble on ups and downs; I live much more solidly than when I was trading coins before.
Really, the crypto world doesn’t lack opportunities, it lacks people who can survive long enough to wait for them. If you also want to treat this as a career, first don’t ask 'which coin can multiply 10 times,' ask yourself: when it drops 90%, can you grit your teeth and not sell, waiting for the next cycle?
If I from Hunan can do it, so can you. Take it slow, take it steady, life will get better.
If you also have tens of thousands in capital but don’t want to accept fate, and want to test the waters in the crypto world but are afraid of pitfalls; I can share this set of methods with you.
Including: how to survive the early stages? How to allocate positions? How to find the 'explosion points' to enter? How to use compound interest to double your path?
But I don’t write it out publicly.
Those willing to give it a try, like and follow.
Not everyone can do it, but the moment you are willing to change is the first day of your turnaround.
The money in the crypto world has never been ‘gambled’ for; it is 'calculated' out. Follow me to ensure every penny of your capital is on the right path.