In my tenth year surviving in the crypto world, I finally understand: the secret to making money is to go against human nature.

Against "Greed"

In 2019, Bitcoin plummeted from $14,000 to $6,400, and my friends' chat was full of screenshots of "buying the dip and going all in." I watched the 30% cash reserved in my account and opened a short position with 0.1x leverage—not to bet on a big drop, but to hedge against the risk of my holdings.

Result: Bitcoin dropped to $3,800, my friends got liquidated and left the circle, but my losses on the spot were mostly covered by the profits from the short position.

Iron Rule: Lock in risks when others are greedy.

Against "Fear"

On March 12, 2020, the "darkest hour" for the crypto world. ETH crashed by 40%, and someone in the group was shouting "it's over, it's over." I, however, listed my collection of graphics cards on Xianyu, and exchanged money to place a limit order at $88. Was I shaking? Yes! I pressed confirm three times before it went through.

Result: A year later, ETH broke $4,000, and this operation contributed to 70% of my returns for that year.

Iron Rule: When the market is in bloodshed, buy the bloodied chips in batches.

Against "Regret"

During last year's NFT bull market, I shorted the floor price of Bored Ape Yacht Club with 5x leverage. Just after opening the position, I got slapped in the face: it surged 50% in three days, and my account was down 30%. My wife said, "Just cut your losses," but I gritted my teeth and added enough margin. That night, when the price hit my preset stop-loss line, I closed my eyes and clicked confirm, stopping out in 3 seconds.

Result: Two months later, the NFT market crashed, but my principal was well protected.

Iron Rule: Your speed to stop loss must be faster than your instinct to feel pain.

Against "Restlessness"

I only check the market three times a day: at 8 AM, 6 PM, and before bed at 11 PM.

In January this year, I missed Dogecoin's 300% surge in a single day. Group friends mocked me: "Cowards can't get the meat." I didn't argue—they didn't know that last year I avoided 7 traps during a volatile market, and just by dodging the pitfalls, I earned back 17% of my principal.

Iron Rule: Missing out won't kill you, but frequent trading will.

Now my operations are like a robot:

Only go long after breaking resistance, even if I'm a step late; set stop-losses to protect profits if floating gains exceed 10%, leaving no chance for regret; take 30% of monthly profits to buy gold and store it in a safe to guard against inflation.

The most ironic truth in the crypto world: when you want to get rich quickly, the market has a thousand ways to harvest you; when you only seek stability to outpace inflation, compound interest quietly gives you freedom.

I used to stumble alone in the dark, now the light is in my hands.

The light is always on, will you follow? @币来财888