In 2015, I entered the cryptocurrency world with 50,000 yuan, fantasizing about becoming rich overnight. Ten years have passed, and I have experienced three bull and bear market cycles. My account once soared to 3 million, but it also shrank to less than 100,000. Now, I have finally established my own investment system and achieved stable profits. These are the survival wisdom gained through real money:
First, I completely abandoned the gambler's mentality. I used to always want to catch hundredfold coins, but I often missed opportunities. Now I understand that the key to turning small funds around is continuous compound interest. I broke down my 1 million target into 7 doubling stages, pursuing only 2-3 times returns in each cycle, which has kept my mindset more stable.
Second, I learned to protect my principal. Small funds cannot withstand large drawdowns, so I set a strict rule for myself: a single loss should not exceed 5% of the total capital. Before opening a position, I always ask myself: if this position drops by 30%, can I still hold calmly?
Third, I found my own rhythm. When the market is in panic, I buy Bitcoin and Ethereum in batches. These mainstream coins act like ballast; although their price increases may not match new coins, they ensure that I don't fall behind in a bull market. At the beginning of 2023, I kept buying during the market downturn and ultimately achieved substantial returns in the 2024 bull market.
Fourth, I started to rationally layout new tracks. Each year, I allocate no more than 20% of my funds to invest in 2-3 projects that truly have technological innovations. However, I never touch MEME coins because I know that was the main reason I lost money in the past.
Fifth, I improved my exit strategy. The hardest part in a bull market is taking profits on time. Now I set three levels of profit-taking: reduce 1/3 at 3 times profit, another 1/3 at 5 times, and sell all remaining at 8 times. Then I transfer the profits back to stablecoins, waiting for the next cycle.
Most importantly, I remembered the original intention of investing. In every cycle, I extract part of the profits to improve my life. Last year, I used my earnings to buy a car, and this year I plan to take my family on a trip abroad. This keeps me in a good mindset and avoids the trap of paper wealth.
After ten years of ups and downs in the cryptocurrency world, my biggest insight is: this market is full of opportunities; what it lacks is players who can stay for a long time. As long as you can continuously stay at the table, you will eventually wait for your opportunity.
In the past, I stumbled around in the dark alone; now the light is in my hand.
The light is always on, will you follow? @币来财888