Survival Chronicles in the Crypto World for Post-90s: At 30, after 8 years of blood and tears, from 60,000 to 10 million in cognitive awakening
In 2017, I borrowed 60,000 to enter the market, enduring over 3,100 days and nights of tempering. From spot trading to contracts, from altcoins to mainstream coins, I have almost experienced all trading strategies. This journey from 60,000 to eight digits, after hitting zero and making a comeback, crystallized into a few unforgettable insights:
Time Laws
10,000-Hour Rule: Focusing 8 hours a day for 5 years is required to reach the threshold of stable profitability
10-Year Cycle Law: Every bull market creates "get-rich-quick myths", but bear markets always expose the naked swimmers
Survival Iron Law
Risk Red Line: Always use only the capital you can afford to lose
Anti-Human Nature Training: Staying clear-headed amidst FOMO and panic is more important than technical analysis
Zeroing Warning: All unrealized profits are just a numbers game
Cognitive Evolution Theory
Misalignment Diagnosis: Continuous losses are a reflection of cognitive defects
Cutting Inward: To change trading results, one must first overturn the cognitive framework
Causality Law: Today's account balance is a reflection of decisions made three years ago
Crypto Survival Guide:
【Soul-Searching Questions Before Trading】
Do I truly understand this asset? (White paper / Economic model / Team background)
Can my stop-loss strategy withstand extreme market conditions? (Testing the 312/519 market)
What is the worst that could happen? (Specifically regarding the impact on life)
【List of Commandments】
✓ Stay away from "wealth codes" outside of your understanding
✓ Avoid using leverage that exceeds your sleep coefficient
✓ Regularly convert profits into survival funds
Final Advice:
This market always rewards clear-headed pessimists and punishes enthusiastic optimists. When you decide to change, remember: true compound interest begins with protecting your principal.