Entering the crypto world is like stepping into a glittering casino. Chasing trends and getting caught up in the thrill of high-leverage contracts. The result? A painful tuition fee: accounts wiped out several times, staring at the crashing candlestick charts in the dead of night, left only with despair.
The market harshly taught me, the ignorant: there are no shortcuts here, only the chasm of understanding and the cost of greed.
After reflecting on my pain, I decided to change. The real turning point was admitting that I 'didn't understand' and starting to learn:
First, say goodbye to the gambler's mindset and embrace risk management: surviving is the first step. It is also the most important step in the crypto world.
Second, shift from listening to news to analyzing data: abandon all kinds of 'wealth code groups.' Instead, dive deep into the underlying logic of Bitcoin and Ethereum, learn to interpret on-chain data, and pay attention to macroeconomic cycles. Value requires personal judgment.
Then, establish strict discipline, aligning knowledge with action: develop a clear strategy (combining trend following and range oscillation), set stop-loss and take-profit levels for each trade in advance, and execute them resolutely. Rules are here to combat human nature.
Change is painful; initially, one must endure the torment of constant stop-losses and the pressure of capital drawdowns. But time provides the answer:
Core assets accumulated at low cost during a bear market become the most solid foundation for profits when a bull market arrives.
High-quality projects that were strategically positioned based on in-depth research brought returns far exceeding the market average.
Most importantly, strict discipline prevented devastating drawdowns, allowing the account to start growing steadily and compound.
Looking back now, the growth of wealth is certainly gratifying, but true 'financial freedom' is far more than that:
Passive income covers living expenses: core asset yields and strategic cash flow mean I no longer have to scramble for a living.
Time truly belongs to me: no longer held hostage by market movements, I can freely learn, spend time with family, and explore my passions.
A transformation of mindset: in the face of market turbulence, my inner self remains undisturbed. Fear and greed are tamed by rules; calmness is the greatest wealth.
The journey in the crypto world is a process of refining understanding from painful lessons and forging discipline under the test of human nature. Financial freedom is not stumbled upon by luck; it is the fruit of deep understanding, strict risk control, and the power of compounding over time. This path is rugged, but every step taken with clarity leads to a more liberated shore.
