At 33, after 10 years of trading coins, I rolled my 10,000 capital into 10 million. Today, I won't talk about grand theories; I’ll just share from the heart the pits I’ve stepped into and the leaks I’ve picked up.

Back in 2013 when I had just graduated, I made my first pot of money – 10,000 yuan – by doing Taobao affiliate marketing and helping people with fake orders. At that time, Bitcoin had already skyrocketed to over 8,000, making me dizzy, so I turned my eyes to Ethereum, which was only a few dozen. I remember the first time I placed an order to buy ETH, at 200 yuan each, I gritted my teeth and bought 50, my hands were shaking during payment, always fearing that this thing would be gone tomorrow.

The real turning point was in 2017. During that bull market, my ETH surged from 8 USD to 1400 USD. On the craziest day, my account gained 300,000; I stared at the numbers for half an hour before daring to believe it was real. But soon after, in 2018, the market crashed, and my assets shrank by 90%. Watching the K line turn dark green, I stood on the balcony all night, smoked two packs of cigarettes, and nearly stepped out.

After ten years of trials, I set four iron rules for myself, which I have never broken:

Always use spare money to enter the market, never touch leveraged borrowing. Even if the market looks like it’s giving away money, don’t touch your emergency funds at home; that’s your lifeline.

Positioning is like building blocks: mainstream coins should make up 70%, and altcoins at most 30%. No matter how crazy altcoins get, don’t be greedy and add more, to avoid going to zero overnight.

If it falls below the 20-day moving average, you must run. This is a lesson I learned after multiple liquidations; don't stubbornly hold on when the trend turns bad, keeping your capital gives you a chance.

Make sure to take your capital out first when making a profit. No matter how profits roll in, the principal must be kept in your pocket; otherwise, no matter how much you earn, it’s just a numbers game.

People often ask me: if BTC gains 30% and ETH loses 30%, what should I do?

I’ve stepped into this pit, and the answer is very counterintuitive – cut ETH and increase BTC. At first, I was reluctant to cut ETH, but then I watched BTC continue to rise while ETH fell deeper, getting hit from both sides. The market always favors the strong and weakens the weak; don’t fight against the trend.

A few heartfelt words for beginners:

Don’t stare at the market every day until you have panda eyes; set your stop-loss and sleep well. The market won’t change direction just because you look at it more.

In a bear market, don’t complain about dollar-cost averaging being slow; in a bull market, don’t be greedy and sell in batches. This is the dumbest yet most stable way.

Always keep 10% cash on hand, just like keeping a reserve force in battle, so you won’t panic when you need money.

To be honest, it’s easy to take wrong turns in this industry without someone to guide you. If someone had pointed things out to me back then, I wouldn’t have stumbled so much.

If you still can't find your way in the market, why not follow my rhythm – what I represent is not just points, but ten years of experience.

The next wave of opportunities has begun to lay out. If you want to walk steadily together, pay attention to @bit多多 , welcome aboard.

What the coin circle lacks is never opportunities, but execution power (only for those who genuinely want to change).