Eight years in the cryptocurrency space: the survival rules from fifty thousand to seven million
Eight years ago, when I entered the cryptocurrency space with fifty thousand, I never imagined that this initial capital could grow to seven million. After experiencing three waves of bull and bear markets, I have seen too many people become rich overnight only to lose everything in an instant, yet I survived by adhering to a few simple principles and maintained a win rate of over ninety percent.
The experience of an old player always reminds me: he once lost fifty million in three days due to being obsessed with contracts. This story pierced my heart like a thorn, and from then on, 'not greedy and not anxious' became my trading creed.
My method is not complicated:
I only select coins that have practical applications and active communities.
I enter the market at the lowest point, gradually building positions at the end of a bear market.
Even if temporarily trapped, I stay steady and wait for the bull market to naturally release my profits.
The timing for exiting peaks is based on two signals:
When Bitcoin's market cap percentage falls below forty percent, be cautious of capital outflows.
When the Ethereum to Bitcoin exchange rate exceeds 0.1, it often signals that an adjustment is near.
These experiences have been bought with real money.
My core strategy revolves around Bitcoin:
I never easily move long-term holdings, and I use grid trading to automatically profit from price fluctuations in the short term.
When other coins rise, I exchange them back for Bitcoin, and when they fall, I use Bitcoin to buy the dips.
This method has allowed my monthly returns to outperform simple holding.
Most importantly, cultivate patience:
After laying low, focus on researching project progress, and when the market is restless, calmly optimize strategies.
If you can endure loneliness, you can seize the next opportunity.
The market always has opportunities, but it requires the right methods and mindset. Now, I continue to wait for the right moment and strive towards higher goals.
In this market that tests human nature, following the right mindset is more important than blindly working hard.
In the cryptocurrency space, choice is greater than effort! Following the right people, making money becomes a natural result!
