As a "Shenzhen drifter," when I first arrived, I found a job in e-commerce operations. It seemed glamorous, but it was hard to save money.

It wasn't until early 2020, during a dinner with friends, that I first learned about the "crypto world," a field where profits can be amplified by cycles. At that time, I didn't dare to jump in blindly; I spent half a month going through industry reports and studying K-line tutorials. Finally, I determined that "the signals of the beginning of a bull market have already appeared" and decided to enter the market.

At that time, I invested my entire savings of 220,000 yuan, which I had saved over two years of work, into it. I put a large portion into ETH, used the remaining 20% to buy BTC, and the last 10% on a few altcoins with practical use cases, avoiding meme coins. During market corrections, I gritted my teeth and averaged down; during the "519 crash" in 2021, many coins dropped over 30% in a single day, but I didn't sell. It wasn't a gamble; I felt the core logic of the bull market was intact, and short-term fluctuations were just emotional outbursts.

The real key was in November 2021. At that time, Bitcoin surged to an all-time high of 69,000 dollars, but I noticed something was off in the market. I didn't wait for the "tail end rally" and cleared 80% of my positions by the end of November.

As everyone knows, the market continued to decline, and most people were trapped at high points, while the money in my account had turned from the initial 220,000 yuan into over 12 million yuan.

Looking back on this experience, I can't call myself a "talented player." My ability to make money mainly relied on four points:

First, capital and cash flow support— my e-commerce job allows me to save 10,000 to 20,000 yuan each month, not only providing initial capital but also enabling me to average down during corrections without panicking to cut losses;

Second, timing the cycle correctly— entering the market in early 2020 was at the beginning of a bull market, and exiting in November 2021 was just before a bear market; I didn't miss the timing for buying or selling;

Third, making fewer trades and focusing on certainty— I never chased hot topics or frequently switched coins, only trading at two high-certainty points: "the bull market trend is clear" and "the correction reached key support levels";

Fourth, avoiding high-risk plays— I never used leveraged contracts or borrowed money to trade crypto, maintaining a steady mindset, even during crashes, preventing me from making rash decisions.

In fact, there is no myth of "lying down to earn" in the crypto world. The essence of making money lies in the judgment of cycles and the restraint of human nature. Only if you can understand the signals of bull and bear market transitions, resist the impulse to chase highs, and withstand the pressure of short-term fluctuations can you possibly benefit from market gains. @Air 安叔