I consider myself one of the earliest Bitcoin enthusiasts in China; I started promoting Bitcoin in 2011. However, I got off the train not long after and later played around with altcoins and made some small profits!

At my peak, I owned four-digit Bitcoin! If I had held it until now, it would be worth nearly ten digits in RMB.

However, most of them sold after making dozens of times their investment, though there’s still a small amount left unsold. The reason for not selling is simple: the remaining amount is too small to care about, so it has just been left on the exchange.

But even if it’s a small amount, it’s still three-digit Bitcoin. Or to put it bluntly, this amount of Bitcoin that I initially looked down upon is now approaching a nine-digit value in RMB.

Today, I will share a summary of my years of experience in holding coins for free, hoping to help everyone!

This is how I made money:

You only need three tenfold increases to earn 10 million.

Here’s a basic theorem: In a lifetime, one only needs to continuously bet on three tenfold coins to achieve financial freedom.

First step, prepare 10,000 yuan.

10,000 - 100,000

100,000 - 1,000,000

1,000,000 - 10,000,000

Break down 10 million into three tenfold increases. Look for corresponding opportunities in the first, second, and third tenfold increases, and repeat profitable operations 100 times in each tenfold; you can basically achieve 10 million.

Of course, this method is also applicable for making 1 million, or even 100 million; the underlying methodology is interconnected.

So your next task is to find three coins that can increase tenfold.

Three methods of accumulating coins:

1. Only hold Bitcoin.

If you have just learned how to buy coins and do not want to trade back and forth, then do not rush; just hold Bitcoin. This is also a relatively popular approach in the market.

A way that originated from the early Bitcoin evangelists, most of whom were industry evangelists and had issued a lot of air coins, and had also been cut by air coins.

After various operations, I found that in the end, the returns from Bitcoin’s appreciation surpassed all my other activities, so I stopped messing around. At what price to buy? Bear market.

You can start building your position now because historical experience tells us that prices are now at rock bottom; just buy. Remember, always transfer coins to your own wallet, never share your private key with anyone; holding assets in your own hands is the safest. The next thing to do is to focus on improving your off-exchange earning ability.

2. Switch to Bitcoin after short-term profits

More than 50% of the position should be in Bitcoin. While doing short-term trading, take out profits and continue to accumulate Bitcoin. Here it should be noted that short-term trading...

The selected targets are generally major coins like Bitcoin; small coins are risky. Why? Because operators are unpredictable; if they are in a good mood in the morning, they might push the price up.

Trading, burning your mouth on hot takeout, and smashing your trades isn't an exaggeration... I've seen such trading teams back in 2019, and they had a decent reputation at that time.

I later came to respect altcoins.

Of course, many people like this operational method, but I tell you, most people can't handle it. Traders need to have strong self-discipline and cannot be reckless.

Many people do not have the ability to watch the market regularly and do not have the ability to analyze market trends, making it unsuitable for the average person.

3. Accumulation strategy.

Newcomers, what coins can lead to wealth?

Four plans for reference only.

1. One: BTC.

2. Two: BTC, ETH.

3. Three: BTC, ETH, Potential public chains.

4. Multiple: Asset allocation chart.

There is a phenomenon in the cryptocurrency world where traders make up a large proportion, while holders are very few. But in the end, those who can truly profit in the crypto world are often the holders.

Essentially, trading coins is about buying and selling through short-term transactions to earn price differences, while accumulating coins is different; it is about recognizing the investment value of a coin, continuously buying, and waiting for appreciation.

Due to the low threshold for trading coins, it is relatively easy to get started, and it is easy to make profits in a short period. Therefore, most investors, especially newcomers, prefer trading coins rather than accumulating them. This phenomenon is also prevalent across the entire investment market, where short-term trading is the choice of most people.

Once they taste a little success, they become obsessed with trading coins. Humans inherently have this gambler's mentality; just a bit of profit makes them overly confident and increases their positions. Conversely, after a small loss, they become anxious and almost break down, falling into a vicious cycle, with the only outcome being a painful exit.

Hoarding coins requires more technical skills; you need to have a correct judgment and understanding of the market, find the right time to accumulate, and the subsequent gains can be significant.

Earnings are merely a matter of time; it just takes longer for the market to transition from bear to bull, requiring patience.

What are the strategies for accumulating coins?

First, do not hold too many types of coins; try to limit it to no more than six and aim for three to four super mainstream coins that are unlikely to become worthless.

If you really can’t choose or don’t know how, just hold Bitcoin.

Second, when accumulating coins, you should moderately diversify your investments. Do not hold only one type; you can choose three to six types to avoid potential black swan events.

Third, when accumulating coins, refer to the types of coins held by large holders; they have some reference value. Many large holders have been in the market since 2012 to 2013 and have experience.

Fourth, try to choose a dollar-cost averaging strategy for accumulating coins, starting in the early stages of Bitcoin’s long-term low-volume consolidation or arc bottom, while trying to avoid downtrends.

Fifth, maintain a pessimistic expectation when accumulating coins. Accumulating coins in a bear market or at the initial stages of a bull market is about buying the dips and getting stuck, so keep a long-term perspective.

Some use money that won't affect their lives, anticipating a significant harvest in the bull market two years later. It's even possible for Bitcoin to drop another 40% to 80%. However, as long as you are holding Bitcoin, there will be a day when it rebounds.

Sixth, do not use leverage for accumulating coins or use very little leverage. Currently, centralized exchanges' contract leverage is filled with unfairness and insider trading. Those who accumulate coins should avoid leverage; it’s easy to get liquidated suddenly. If you must use leverage, use spot leverage.

Three things that long-term holders are most wary of.

1. Jumping in at a price that is too high.

If you want to accumulate for the long term, a good mindset is very important. If it’s not dollar-cost averaging but a single high-position build-up, no matter how you comfort yourself that it’s a long-term investment, the anxious feeling before realizing paper losses is hard to shake off.

2. Self-doubt and giving up halfway.

Every bear market sees fewer people entering the market. Even if Bitcoin's asset value is 'cut in half' or even 'slashed,' far fewer people are willing to buy Bitcoin at three thousand dollars than those willing to buy at ten thousand dollars. Dollar-cost averaging also faces hardships. The biggest issue in such situations is not whether the market is bearish, but whether the timing of entry is a result of your own analysis or whether you entered based on 'success stories' from big players or friends. For long-term investors, it is essential to have your own views, execute according to your plan, not fear going against the tide, assess the situation, and add your understanding to make judgments, ultimately validating your cognition through operations.

3. Improper custody leading to key loss.

There are many long-term holders who eventually forget their private keys. Although Bitcoin is now valuable, millions of Bitcoin have been lost for various reasons and are difficult to recover.

The difference between trading coins and accumulating coins is like the difference between short-term and long-term stock trading. If you are optimistic about a stock and hold it long-term, the risk is actually lower than short-term trading. Holding Bitcoin for the long term is likely to be profitable. Short-term trading, on the other hand, carries a higher risk and can easily lead to total loss.

That’s why it’s said that 'trading coins is not as good as accumulating coins.' Trading coins is short-term trading in the secondary market, while accumulating coins is buying low and selling high in the secondary market.


One tree cannot make a forest, and a lone sail cannot sail far! In the crypto world, if you do not have a good network or first-hand information, I suggest you follow me; I will help you reach the shore. Welcome to join the team!

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