From a monthly salary of 5,000 to 20 million, the core of my 8 years in the cryptocurrency world: Don't be a 'gambler-type leek.'
A few days ago, someone in the background asked me: 'Teacher, can I still get rich by entering the market now?' I flipped back a screenshot, not some insider information, but Old Lin's account holding page. When he brought a screenshot with a balance of 20 million to have tea with me, who would have thought this guy entered the market 8 years ago with a year-end bonus of 5,000 and almost lost it all, unable to afford even the New Year's goods? To be honest, the cryptocurrency world is not lacking in myths of 'doubling overnight,' but it lacks normal people who have 'survived three waves of bull and bear markets.' Old Lin's story is more useful than a hundred K-line analyses. Today, I will break it down and explain it thoroughly. New friends, take good notes and don't make those low-level mistakes that can wipe out your principal.
Major liquidation in the coin market! Altcoins are 'collectively disappearing', don't be a bag holder!
Family! Do you think the 'potential coins' in your hands are a ticket to success? Wake up! The current altcoin market is putting on a silent 'evaporation show'. By the time most people realize it, the coins in their wallets might not even be found on the trading page! I've been watching the market for eight years, from the small bull market in 2013 to now, and I've never seen such a 'tragic' liquidation posture for altcoins. Those 'hundred times seeds' and 'next dark horses' that the community hyped up, don't even mention next year; they might completely become 'air' before the Spring Festival. It's not just a matter of how much they drop; they could be 'delisted' from the trading list altogether.
Are people in the crypto circle collectively sleepless? Don't panic, this article will give you a sense of reassurance.
The private messages in the background are about to explode with questions: "Is it now that the bull hasn't run yet, or has the bear already knocked on the door?" Opening the market software, the red and green candlesticks jump more thrillingly than an electrocardiogram. Many friends are holding their phones and staying up late, just short of posting 'market rescue' on the screen. Don't worry, as someone who has been in the industry for eight years, today let's have a heartfelt chat about something real. When I first entered the industry in 2017, my mind was filled with 'disrupting cognition' and 'breaking the rules'. The old players talked about the 'four-year bull and bear cycle', which I viewed as a 'bedtime story' to deceive newcomers. At that time, I thought that as long as I chose the right targets and dared to leverage, the market would follow my judgments. Looking back now, I realize that I was probably just a novice, still carrying a bit of the naive courage of 'a young calf not fearing a tiger'.
From 50,000 to 3,000,000, I've lived in the crypto world for 8 years: what's more appealing than a hundredfold coin is simply staying alive.
“Bro, should we invest in this new Dogecoin? The group says it's going to skyrocket tenfold tonight!” Just finished my third cup of coffee when a fan's private message popped up. I stared at the screen and smiled; this scene reminded me so much of 8 years ago when I was clutching 50,000 yuan, squatting in front of a digital asset trading platform until I felt dizzy. The entrepreneurial liquidation letter from 2016 was colder than a winter freeze. When I transferred the last 50,000 principal into my account, my mouse hovered over the trading button for a full seven days. It wasn't about being cowardly; I just couldn't afford to lose— that was my rent, instant noodle money, and my only hope for a comeback. In the end, I gritted my teeth and converted everything into 8 bitcoins, which at the time had just passed 6,000. The candlestick chart was as flat as a dead fish; who could have imagined it would explode into fireworks a year later?
From 100,000 to 20,000,000, my friend who is obsessed with crypto achieved legendary status with three 'simple methods.'
A few days ago, I was drinking with an old-timer in the circle. He pulled out his phone and waved it around; three years ago, he had a position of 100,000, and now there are two extra zeros at the end of the number. I almost dropped my cup: 'Did you secretly stash away some quantitative scripts?' He rolled his eyes: 'There's no high technology involved; it's all about sticking to the market and 'enduring' logic. Most people can't even last three days.' This matter hit me with feelings I've had over the years: there are always people in the crypto circle who are superstitious about 'insider information' and 'AI trading systems,' as if they can't make money without understanding those colorful indicators. But those who can navigate through bull and bear markets are often the tough ones who play simple logic to the extreme—after all, no matter how crazy the market gets, it essentially remains a cyclical game of 'money comes in, people follow trends, profits are realized.' Unfortunately, too many people are only focused on the candlestick charts and forget to pay attention to the hearts of the people behind them.
Account suddenly increased by 320,000, but I deleted the trading app overnight
At three in the morning in Hangzhou, the notification of a deposit on my phone woke me up. My digital asset account suddenly had 320,000 more. Staring at the screen in a daze for half a minute, I didn't jump up to order takeout like three years ago; instead, I deleted the trading app and went back to sleep. As an experienced player in the crypto space for eight years, my hair volume is even less stable than my account balance, and my eye bags could serve as storage bags. Even the aunt selling breakfast downstairs knows: 'That guy who stares at the K-line and sighs every day, lost money again?' No one knows that when I barged in back in 2016 with 5000 digital asset units, I could even mix up my wallet address and email.
Can 3000 yuan enter the market and triple? I only teach the real skills to 'survive' in the crypto world.
Last week, I received a message that really broke my heart: 'Teacher, I only have 3000 yuan left in my account, put it all in and lost 70%, now I'm almost out of money for food.' I could feel this brother's despair even through the screen; this is not trading coins, it's clearly charging barefoot into a thorn bush! I didn't give him any 'sure-win tips', instead I first poured cold water on him: the crypto world is not a casino, understanding the rules of the game before sitting at the table is more important than anything else. Spot trading and leverage have their own temperaments, just like some people get drunk on beer but insist on trying vodka; it's no surprise if they get carried away. Blindly following the 'hundred times myth' will likely turn you into someone else's 'exit tool', that's a hard lesson I've learned from three years of losses.
From 2000 to 1000000, my 'winning' strategy in the digital asset circle
Stop asking whether you can make money in the digital asset circle. I used 2000 yuan as capital and earned enough for a down payment on a house. What’s even more painful is: those who had 10 times my capital have already lost everything and are left with just their underwear. As an analyst who has been in this circle for 8 years, I have seen too many dramas of 'being braver than anyone when chasing the rise, and worse off than anyone after a liquidation'. Today, I want to speak frankly: this industry has never been a casino. Those who survive and make money are all people who have 'stability' ingrained in their DNA. My account curve from 2000 to 1 million has no myths of overnight wealth, only the solid footprints of three steady steps.
Newbies in the cryptocurrency world, don’t be 'chives'! I mastered the market with these 8 principles and turned losses into profits in 3 months.
Just entered the market and got trapped by a 'pump and dump'? Are you standing by watching others show off their profits? Don't panic! The tuition I paid back then could circle mainstream platforms three times. Now, relying on a set of practical logic allows me to steadily navigate the market. Today, I'm sharing with you valuable insights that are the result of blood and tears; if beginners remember these principles, they can avoid a year of detours! Let me tell you a hard truth: the core of making money in the cryptocurrency world is not about 'chasing trends,' but rather 'waiting for opportunities.' Many beginners get excited when they see the K-line in the green and want to invest everything when the price surges; this is no different from throwing money into a fire pit. I made my first mistake this way—when a certain mainstream coin surged by 30% in half a day, I got carried away and jumped in, only to find myself trapped that same day. It took me half a month to break even. Since then, I've learned one hard lesson: when the market is stagnant, don’t complain; this is the main players giving you an 'entry ticket.' When everyone in the square is showing off their profit screenshots, quickly pocket your profits and run; the excitement belongs to others, while the risks are yours.
From 10,000 to 1,000,000: How I Established Myself in the Crypto Space with This "Guaranteed Rolling Position Method"
Yesterday, a fan from Chengdu asked me a soul-searching question: "Old Yang, with just 10,000 in spare cash, can I really touch the million threshold in the crypto space?" I directly shared a screenshot of last year's profits, not to flaunt achievements but to tell you: if you're heading in the right direction, doubling a small capital is easier than you think; the key is not to turn "rolling positions" into "liquidation." Now the circle is full of articles warning that "leverage ruins a life," causing newcomers to avoid the term "rolling positions" like the plague. Frankly speaking, those guys who have faced liquidation don't have a problem with the tools; rather, they treat 20x leverage as common practice, going all in with reckless abandon and panicking at a two-point pullback. This isn't trading; it's clearly just giving the exchange transaction fees.
A Guide to Bull Market Counterattacks for 'Emotional Retail Investors': With these three tricks, my account grows more steadily than a rocket.
The most heartbreaking thing in a bull market is not missing out on profits, but rather selling just before it rises and buying just before it falls, as if the market is pressing your head down like a 'cash machine'? Don't blame the main players too harshly; first, check if you've been led astray by your own emotions! After 9 years of crypto trading, my phone wallpaper isn't a candlestick chart; it's a piece of notepaper soaked in coffee stains with just four words: 'Don't be reckless.' These four words are hard-earned lessons from two instances of 'missing out on wealth opportunities.' The first time I stumbled was three years ago when I built a position in a certain mainstream coin at $0.12. After less than two weeks, when it hit $0.25, I panicked—'I've made enough for groceries, better run!' That night, I celebrated by treating a friend to hot pot. As a result, a month later, I looked back and saw it skyrocketed to $5. That straight-up bullish candle still makes me laugh in anger; it's even more painful than when my cat ruined the couch.
Crypto Veteran's Heartfelt Sharing: 9 K-Line Maxims to Help You Lose Less Than the Price of a Tesla
Woken up at 3 AM by a margin call SMS, looking at the shrinking numbers in the account, don’t you just want to slap yourself? I understand this feeling too well—when I first entered the market, I chased the 'Take-off Coin' with a full position, panicking and cutting losses after a two-point drop, losing two years' salary in six months. It wasn't until I distilled the lessons learned from throwing real money into the market into nine maxims that I finally transformed from a 'retail investor' into a seasoned player who can stabilize profits. Today I'm sharing my heartfelt insights; remember these, and you'll at least save yourself three years of detours. 1. Grind at the bottom to pick up treasures, explode straight away and run The crypto space is never short of coins that 'stay flat to the point of making people sleepy,' but this is precisely when the main players are 'holding back big moves.' Those assets that oscillate back and forth within a narrow range for one or two months present low-buying opportunities every time they test the support level—just like when ETH was flat between $1800 and $2000 last year, I added to my position during dips, which later doubled in a surge.
Post-90s Crypto Veteran's Honest Words: Only with an Eight-Digit Account Can I Say How Hot This Bowl of Rice Is
"How many times does my crypto asset have to multiply to fill all the holes in the crypto world?" Last week, at a coffee gathering in Zhujiang New Town, Guangzhou, when a fan who had just been cut by the market asked me this, I almost sprayed my latte on his face. I've been answering this question for 7 years, only realizing once my account hit eight digits: it’s not the numbers that get you out of the past, but the brain that grows after being beaten up. As a post-90s person who has been working in Zhujiang New Town of Guangzhou after enduring the urban village for 7 years, my 7-year journey in crypto has seen the first three years as nothing more than a 'living specimen of the crypto circle'. Back then, I held onto 50,000 in crypto assets that I had saved up over 3 years, thinking I could use it as a down payment for a toilet in Guangzhou, only to experience a 'liquidation-zero-platform scam' triple whammy within six months. Looking back, I feel embarrassed; I could stay up until 3 AM staring at K-lines, more focused than when pursuing a girlfriend. In the end, my girlfriend broke up with me, saying I was 'full of air coins', and I cried into a bottle in my rental apartment until I blacked out, which ironically allowed me to avoid the '3·12 black swan' event that left countless people queuing on rooftops.
Lost everything trading contracts? I made 7 years of profits using 7 simple rules.
Don't swipe away! If you keep spinning in the dead cycle of 'making small profits and losing big money' when trading contracts, reading this article will at least help you lose 100,000 less, after all, these rules are what I learned after losing two vehicles back in the day. My name is Old K. I have been struggling in the crypto circle for 7 years. I entered the market at 27 with a principal of 100,000, and now my account has grown from five figures to eight figures. I've seen too many people staring at the screen until their eyes are bloodshot at three in the morning, placing orders based on the 'feeling that this wave will rise,' only to be pressed to the ground by the market; I've also seen someone go all in based on 'hearing news,' only to end up with nothing left of their principal.
Stop cursing high leverage! What causes your losses has never been it.
"Leverage = liquidation? Stop being manipulated by this nonsense! Just yesterday, a fan messaged me saying they got liquidated with 3x leverage, then turned around and cursed the tools for being too deceptive. Brother, how does your operation have anything to do with leverage? You simply turned trading into a gamble!" "I've been in the crypto space for 8 years, and I've seen the most ruthless players take down bull market profits with 20x leverage, and I've also seen someone with 5x leverage reduce their principal to nothing. To say something heart-wrenching: leverage has never been a monster, but a 'touchstone'—it tests who the real traders are and who the reckless gamblers are."
Shanghai 3 houses + sports car: My heartfelt truth after 7 years in the crypto circle, from 200,000 to 10 million
Stop believing the nonsense that 'everyone in the crypto circle just relies on their parents to win'! The house I live in in Shanghai, the apartment I rent out every month, and that sports car in the garage that makes my friends envious—none of it has anything to do with my family's support. Everything came from over 2,900 sleepless nights I spent analyzing K-lines, rolling out from a 200,000 investment. You may not believe it, but now I dare to talk about 'cycles' with confidence. Back then, I even lost so much that I smoked on the balcony until dawn. I invested 200,000, and within two months, my account balance was only 48,000. At that time, I could only afford to order food from a low-cost service. I came across news about 'crypto scams' in the middle of the night, and I really wanted to smash my computer and run away.
Is lying flat with a million in the crypto circle? My configuration secrets triple the returns
"Holding a million in digital assets, shouldn't I convert it all to stablecoins for annualized returns?" This is a question I get asked eight times a week, and each time I can't help but slap my thigh: Brother, your perspective is too small! Last week at a tea gathering, Old Zhou from foreign trade was scrolling through his phone with a sigh: "A million just sitting there earning interest, only 80,000 a year, not even enough for my son to report to a study abroad agency." I leaned over to glance at his asset page, and wow, it's a complete 'fund nursing home'—all positions piled in one place, not to mention the volatility opportunities, not even a splash of water can be stirred up. This is really not an isolated case. Many people in the crypto circle make slow money, and the root cause is not the lack of market, but turning available funds into 'dead fixed deposits'. They always think of 'waiting for a big opportunity', but without even a basic structure, even if an opportunity hits them in the face, they can't catch it!
From 100,000 to 42 million? The truth about making money in the crypto world that I've understood: the 'foolish' way is often the winning way.
Stop believing in the myth of 'doubling overnight'! After 8 years in the industry, I've seen speculators crying in despair at 3 AM after losing everything, and I've also met a 'sweeping monk' who started with 100,000 and now has a market value of 42 million. His words are more useful than all the K-line books I've read: 'The crypto circle is not a casino; it is an emotional slaughterhouse. If you can keep your hands steady, money will actively find its way into your pockets.' I initially took his words as mere politeness until I saw him use a set of 'foolish methods' to help my fan, who had lost over 600,000 and was about to sell his car to pay off debts, break even and even earn an extra BMW X3. Only then did I fully believe him. Today, I am sharing the practical insights that are direct and actionable; newcomers will save 3 years of detours after reading this, and veterans may slap their thighs and curse themselves for being too 'smart' before.
Beginner! I will teach you to survive three rounds of bull and bear markets
To be honest, after 7 years in the crypto space, the most magical scene I’ve witnessed wasn’t Bitcoin soaring, but friends who entered the market with 2000U, sweating with that little money in their hands, more nervous than giving a red envelope to a child during the New Year, both hoping for a bicycle to turn into a motorcycle and fearing that they’ll wake up to find only their underwear left, like a new soldier on the battlefield clutching two grenades, unsure whether to throw them or hide them. Today, let me speak frankly: with this little capital, surviving in the crypto world means watching your own greed rather than K-line analysis, understanding the 'survival logic' is more important than getting technical indicators. The simple methods that helped me survive from 2000U to now, I will explain them all to you today.
From 3,000 to 7 million: The truth about making money that I understood after stumbling in the crypto circle
Last summer, I was still struggling with whether to add sausage to my instant noodles; this year, I can comfortably accompany my child to Disney. Don't get me wrong, it wasn't winning the lottery; after losing 120,000 in the crypto circle down to 3,000, I managed to carve out a path for myself. I’m not afraid to tell you this, but in mid-2023, I rushed in with dreams of "lying down and earning". When I saw others shouting about "hundred times coins", I followed suit and went all in. As a result, when alternative coins collectively dived, I panicked more than a diver, staring at the screen until 3 AM, my eyes becoming panda-like, always feeling that the next second would bring a rebound. The leverage opened and exploded, then opened again, the pile of so-called "belief coins" in my hand has fallen to just a fraction, yet I am reluctant to cut my losses. Looking back now, I can't believe my mind was so consumed by cryptocurrency—clearly, the K-line had plummeted like a waterfall, yet I deceived myself that it was a "golden pit." At my worst, my account balance was cleaner than my face; my wife threatened to donate my computer if I kept staring at the screen. That kind of despair was even harder to bear than missing out on a bull market.