At 36 years old, I earned 8 million with a 50,000 principal in the cryptocurrency world. Over the years, I have experienced all the ups and downs.
In the early years, I was just an ordinary office worker, saving my salary from a 9 to 5 job. Later, I heard people talking about the cryptocurrency world, and my desire to venture was sparked. At first, I stumbled around without a plan, rushing in blindly, and within a few months, I lost tens of thousands. At that time, I didn’t have much extra money, and during the worst of it, I would stare at my account at night, feeling dazed; I even had thoughts of giving up. I sought out “experts” for guidance, but despite following their advice, I still lost without seeing any improvement.
Fortunately, I didn’t give up. I stayed home, researched materials, and recorded data, slowly figuring things out. That 50,000 principal was hard-earned—after work, I did driving jobs, set up stalls at markets on weekends, and helped manage an online shop, taking on many odd jobs to save that starting capital.
After entering the cryptocurrency world, I didn’t dare to touch BTC due to its high price, so I turned to ETH, which allowed for leverage, while also dabbling in some altcoin spot trading. It wasn’t anything fancy; I just paid more attention to selecting coins, kept my positions tight, and stuck to my predetermined strategies. During slow markets, I accepted slight losses, and when the market moved, I would ride the wave; that’s how I managed to survive.
People often ask why I am in this circle. I always say, to change my way of life, I must be willing to try. This circle is full of wild opportunities, and it’s hard for ordinary people to move out of their comfort zones.
What’s most exhausting about trading cryptocurrencies is choosing the direction. For example, if I have the same amount of money, one investment in BTC earns 30%, while another in ETH loses 30%, how do I choose? Most people would sell BTC to buy ETH, thinking that if it has risen too much, it will fall, and they feel safer cashing out; yet they also hope for a rebound after a deep drop, wanting to average down and make a comeback.
However, the market does not follow common logic; the strong remain strong, and the weak remain weak. Many people sell BTC only to watch it continue to rise, while their ETH keeps dropping deeper, and ultimately realize that doing nothing would have been better, at least they would have had some profit.
In contrast, the approach of “selling ETH to buy BTC” seems counterintuitive, yet often yields better results. This choice is something that 80% of investors have stumbled over; in the end, it’s about resisting the greed and panic inside.
