"My life is over."

Last autumn, 23-year-old A Jie slumped in his rental room, clutching his phone, the screen displaying a liquidated contract. This recent graduate had invested the 200,000 yuan down payment given by his parents entirely into altcoins, which evaporated by 85% in three days.

I handed him a cup of hot tea, watching this bloodshot-eyed young man, and it was as if I saw myself, anxious during the bull-bear transition five years ago.

When I entered the market in 2020 with 120,000 yuan, I too was lost in contract leverage until one day I suddenly understood: in this 24/7 functioning casino, living is more important than getting rich quickly.

"Real opportunities come once or twice a year." I taught A Jie to turn off the minute K-line charts and to unfollow social media until only three authoritative data sources remained.

When the regulatory storm in the US triggered panic in 2023, we gradually built our positions in the mistakenly hit ETH, quietly collecting blood-stained chips while others were cutting losses. Nine months later, this batch of chips, which cost 1,200 dollars, was cashed out in three rounds at 3,600 dollars.

In January of this year, when Bitcoin broke 60,000 dollars, A Jie was anxious to chase the high, but I held him back: "Wait for the right-side signal." Only after three consecutive bullish weekly candles confirmed the trend did we enter at a price of 62,000 dollars. Although the cost was 20% higher than the bottom, we slept more soundly.

The most critical part is the profit-taking discipline. When SOL rose from 80 to 120, A Jie, seeing a 30% profit, was eager to sell everything. I advised him to operate in three batches: take out the principal at a 30% increase, withdraw 50% of the profits at 50%, and liquidate at double the investment. Finally, at 120 dollars, he held his position at zero cost, and now that SOL has surged to 200, we are still enjoying the trend dividends.

Nine months later, A Jie’s account grew from 30,000 to 480,000. That day, he treated me to hot pot, and looking out at the neon lights, he said: "It turns out I don’t have to stare at the market every day or listen to rumors to survive in the crypto world."

In this casino filled with myths and tragedies, I no longer pursue the thrill of 100x leverage. Like a lighthouse keeper on a stormy night, I guard not only my own capital but also those newcomers groping in the dark.

When they learn to see value in panic and maintain rationality in greed, this light will not have shone in vain.

Would you like to come and hold the lamp too? @大师兄说币