1. Money-making secrets in a bull market: Only fools try to eat the entire bull market
I have seen too many people lose money in a bull market - it's not that there were no opportunities, but they were too greedy! During the 2021 DEFI bull market, I did two things:
Stick to one track (I chose GameFi at that time)
Only hold two coins (AXS + MANA)
Results? From $50,000 to $20 million in 4 months! Those 'smart people' chasing NFTs + Metaverse + blockchain games ended up not even making back the fees.
Ironclad rule for getting rich:
Hold the leader in a booming sector (for example, the Rune sector in this bull market)
If it rises 3 times, reduce the position by 50%, lock in the principal first
Sell everything if it breaks the 30-day moving average
2. Bloody and tearful rules: Breaking any one of these five means exiting immediately
Absolutely do not play contracts: 8 years ago played with 100x leverage, lost half a year's salary in 3 minutes
Altcoins must have stop-loss: ICP bought at $700 in 2020 dropped to $3, still just a commemorative coin now
Escape when good news lands: Last month when ENA listed on Binance, I ran away, avoiding a 35% crash
In a bear market, play dead: In 2022, I converted assets to USDT for wealth management, earning 8% annualized, beating 99% of traders
New coins > Old coins: Those who jumped into PEPE last year now live in luxury, while those still holding DOGE are waiting to break even
(Real case: My apprentice bought BTC and SHIB at the same time last year, now the former has gained 30%, the latter 800%)
3. Position management life-and-death line: Three bowl principle
First bowl (30%): BTC + ETH as ballast, unshakeable
Second bowl (40%): Choose one leader from each of the 3 tracks (for example, this round AI + Depin + Rune)
Third bowl (30%): 10% play with low-quality coins for high returns, 20% cash waiting to buy the dip
Deadly detail:
Total position never exceeds 70% (to prevent sudden black swan events)
Single coin not exceeding 15% (2021 LUNA taught me this trick)
Must withdraw the principal if profit exceeds 50% (profit can be spent, but the principal must be protected)
4. Time is money: Three alarms determine life and death
Bear market alarm: Bitcoin falls below production cost (current mining machine cost is about $35,000)
Bull market alarm: The aunt next door starts asking how to buy coins
Top escape alarm: Withdrawal from the exchange delayed for more than 2 hours
My practical operation:
At the beginning of 2023, mortgage the house to buy Bitcoin at $16,000
In March 2024, after Bitcoin breaks its previous high, start selling 10% weekly
Now keep 50% position waiting for $100,000, and exchange the remaining 50% for USDT to earn interest
Final advice:
Don't envy those 'experts' who show off their profits; the real big shots I know are secretly selling their houses
Earn coins in a bear market, make money in a bull market - in 2022, I collected 300 SOL, now worth a Porsche
Living long is the key; 97% of the people who entered the market at the same time as me have already exited
(Fun fact: In 2021, there were 100 top market cap altcoins, now only 23 are still alive)
Remember:
In the crypto world, patience is 100 times more important than skills
Those who stare at the market every day end up as 'frozen at the peak'
$BTC #GENIUS稳定币法案 #币安Alpha推出MERL交易竞赛 #我的EOS交易