I know an old senior who invested 100,000 yuan in the cryptocurrency market, and now his assets have exceeded 100 million. He once said something to me that made me fully understand the truth about the cryptocurrency market:

"The cryptocurrency market is essentially a crowd of fools. As long as you can control your emotions, this market is an ATM."

His experience can be summarized into a few core points:

1. Don’t make small profits and avoid big losses.

It seems very simple on the surface, but it is actually very difficult to achieve. Many people get stuck in a dilemma: for example, if you opened a position at 20,000, and the market surged to 21,000, you happily take a 5% profit, but the market continues to rise to 25,000, and you miss a big opportunity; the next time you tell yourself to hold on for bigger profits, the market returns to 20,000 or even drops below that, and you cut your losses. This way, you spend your whole life tangled in the question of "should I take profits or hold on," and never get out of it.

2. Only choose mainstream coins that have fallen thoroughly and are starting to stabilize slowly.

First, invest 10% of your capital as the base position, and avoid those flashy new coins, and don’t try to guess where the bottom is. It’s okay to be a bit slow, but be steady and solid.

3. Wait for the trend to be clear before adding positions.

When the coin starts to rise, add 20%-30% during pullbacks, even if the price is higher than your base position, it is much safer than being stuck halfway up. While others are chasing the bottom, you can actually pick up the money others have dropped by staying with the trend.

4. Lock in profits in batches.

Every time the price rises, take out the principal and half of the profits first, and let the rest fluctuate. No matter how crazy the market gets, sell when it reaches the line you’ve drawn, and never be greedy. Money in hand is true profit.

Last year, he helped a brother who lost over 600,000 yuan practice this method. In six months, not only did he break even, but he also earned enough for a BMW X3. This is not bragging; the market is full of smart people, but what it lacks are "fools" who can control themselves and endure.

To summarize: either continue to lose by chasing "smart strategies" or follow my simple approach—be steady, don’t be greedy, and ensure that every penny of profit is securely in hand.