After 3 years in the crypto world, from losing 80% to an annualized 40%, my 'Buddhist-style wealth accumulation' practical guide
One, how did I transform from 'retail investor' to 'old hand'?
When I first entered the crypto world in 2019, I was just like all the novices:
- Chasing highs and cutting losses: heard that Dogecoin is going to Mars, went all in and halved in 3 days;
- Superstition towards experts: followed a certain KOL for contracts, got liquidated and doubted life in despair;
- FOMO high: Watching the market at 3 AM, sleepless from the rise, even less sleep from the fall...
Result: lost 80% in half a year, left with only my underwear.
Turning point: when I started using 'anti-human' strategies, treating the crypto world as 'cash flow games' instead of a casino, I finally achieved positive returns for 2 consecutive years.
Two, [low-risk money-making strategies] that ordinary people can replicate
1. Regular investment stream: cutting losses with a dull knife, quietly making profits
- Core logic: 90% of the time in crypto is in fluctuations or declines, only 10% is in explosive growth, regular investing allows you to 'accumulate chips in a bear market, count cash in a bull market.'
- My operations:
- Invest in BTC/ETH every Thursday (avoid weekend crash mysticism), amount = 10% of salary;
- Set 'abnormal profit-taking points': sell 1/3 when BTC triples, sell another 1/3 when it quintuples, leave the rest for 'the stars and the sea.'
- Result: The cost of BTC invested in 2020 was about $9,000, sold at $60,000 in 2021, with a return of 560%
2. Arbitrage stream: be a ruthless 'brick mover'
- Exchange price difference arbitrage:
- Case: In September 2023, a small exchange's BTC was $500 lower than Binance, made a net profit of 2% in 3 minutes (need to account for withdrawal fees and arrival time).
- Fund rate freebie:
- Open BTC spot + inverse contracts hedging on Binance, earning 8% annualized funding fee (equivalent to risk-free rent).
3. Emotional flow: specifically targeting 'high-headed retail investors'
- Indicator: When 'Bitcoin surges' appears in Weibo hot searches, immediately reduce positions; when the community is silent, buy in batches.
- Mystical tools:
- Fear and Greed Index (check on a free website), buy at <25, stay out and drink tea when >85.
- Google search 'Bitcoin' popularity curve, peak search = phased selling signal.
Three, my [self-destructive blacklist], blood and tears experience!
1. Do not touch shitcoins:
- What 'Musk's daughter's namesake coin' and 'Musk's ex-girlfriend concept coin', the speed of going to zero is faster than you uninstalling the app.
2. Disable the 'all-in' button:
- Remember: the crypto world is not short of opportunities, what is lacking is the life to make it to the next bull market.
Four, Beginner's toolkit (freebie enthusiasts rejoice)
1. Data website:
- Glassnode (on-chain whale monitoring), CoinGecko (check project authenticity)
2. Safety tools:
- Google Authenticator (do not use SMS verification!), hardware wallet (recommended Ledger)
3. Learning materials:
- (Bitcoin white paper) (must-read), Binance Academy (free courses)
Five, let's be honest: there is no holy grail in crypto, but there are indeed loopholes
If you:
- Spending 3 hours daily scrolling Douyin is not as good as using 30 minutes to learn on-chain data;
- Willing to execute strategies with the mindset of 'playing King of Glory' (review if lost, never be stubborn);
- Can accept 'annualized 30%-50%' rather than 'getting rich overnight'...
In that case, the crypto world may be your best 'leverage for a comeback' in the next 5 years. One tree cannot make a forest, a lone sail cannot travel far! In the crypto world, if you do not have a good circle, and lack first-hand news, then I suggest you follow me, I will guide you to shore, welcome to join the team!!!
BNB SUI FUN SOL TRUMP
