What that man smoking on the rooftop taught me

In the deep night of Shenzhen in 2023, the wind on the 33rd-floor rooftop was like a knife.

The man in the wrinkled suit took a hard drag on his cigarette: "In 3 days, Luna ate up two years of my salary." He stared at me, "You play with crypto too, right? Don't believe in technical analysis, it's all nonsense."

The cigarette butt traced a bloody arc in the darkness.

He trembled as he spoke the painful lesson:

"In a bull market, I doubled my money based on news, thinking I was a genius. When the bear market came, I realized — all profits that haven't gone through a full cycle are just bait temporarily stored in your pocket by the market makers."

Two years later, when I survived, I truly understood this sentence.

When SOL dropped to $22 in 2024, and the whole network cursed 'Sun for dumping junk coins', I pulled up three sets of data in the café:

① SOL net withdrawal volume on Coinbase increased by 300% week-on-week

② Daily active users in the developer community Discord rose instead of falling

③ Staking annualized yield surprisingly rose to 8.2% (characteristic of panic selling)

**"Now! Dollar-cost averaging!"** I screamed at the team.

The office was dead silent, and an intern muttered, "Crazy... everyone is saying it will go to zero..."

Five months later, SOL broke through $80. The intern who had once called me crazy sent me a banner: "Save my dog life!"

But this was just the beginning.

In April 2025, during the ETH carnival, I felt a chill run down my back as I looked at the exchange data:

Whales' daily deposits of 90,000 ETH to Binance plummeted by 60%, and the put/call ratio in the options market broke 2:1.

"Everyone! Immediately activate the life-saving protocol!"

I faced doubts: "The bull just started, are you telling us to escape the peak?" "If you miss out, will you lose money!"

We silently executed the discipline: after breaking 4200, reduce positions by 10% for every 100 rise, and liquidate below 4000.

Three weeks later, ETH crashed to 2900.

Users who once cursed me sent red envelopes: "Thanks for not killing me."

Before, I wandered alone in the darkness, now the light is in my hands.

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