In 2017, I entered the cryptocurrency space for the first time with 80,000 yuan in savings. At that time, Bitcoin had just gone through a round of crazy price increases followed by a correction, the market sentiment was low, and it was filled with panic. But it was in such an environment that I began my investment journey.

Years later, my account assets have surpassed 10 million. On the surface, it seems like a 'hundredfold increase,' but behind it is actually countless trials and errors, reviews, and perseverance.

Lesson One: Control your desires, preserve your principal

In the cryptocurrency space, to make big money, you first have to learn **not to lose big money**. I always adhere to the 'Three No Principles':

* Do not borrow money to trade cryptocurrencies;

* Do not invest more than you can afford to lose;

* Do not chase highs, do not panic sell.

During the bear market in 2018, many people leveraged to buy the dip, resulting in liquidation and exit. I only took out 20,000 yuan to invest in some small coins to test the waters, while the remaining 60,000 was safely placed in mainstream coins like BTC and ETH. Even if prices fluctuated, I ensured the safety of my principal, building strength for the next round of market.

Lesson Two: Technical analysis must be integrated into operations

I did not hold solely based on 'faith'; it was based on a set of refined technical systems.

In my usual operations, I judge market trends through **K-line patterns**. For example:

* The appearance of 'three rising soldiers' usually indicates a strengthening market;

* If 'three black crows' appear, it is a signal to sell.

In 2020, LTC formed a 'morning star' pattern at the bottom, with a significant increase in trading volume. I decisively entered the market, and shortly after, it initiated a rally. This made me truly realize that technical analysis is not mysticism, but a verifiable tool.

In addition, the moving average system is also an important reference for me.

* When the short-term moving average crosses above the long-term moving average forming a 'golden cross', I will consider increasing my position;

* Conversely, when a 'death cross' warning appears, start controlling your position.

For instance, in 2021, when Ethereum's 5-day moving average crossed above the 60-day moving average, I judged that a mid-term upward trend was established, so I increased my investment again, and the subsequent market also validated this layout.

Lesson Three: Take profits and cut losses without hesitation.

The cryptocurrency market fluctuates rapidly without discipline, leading to total losses. I set strict rules for myself:

* If profits exceed 100%: reduce position by half;

* If a loss exceeds 15%: immediately stop loss.

Once, I bet on a new coin that had a good initial performance. When it doubled, I decisively took profits on half. Unexpectedly, a few days later, due to negative news, it plummeted, but I had already locked in profits and exited completely.

There was also a time when I bought a certain altcoin, and the performance was consistently below expectations. After hitting a 15% loss line, I sold immediately, avoiding a larger decline later.

Summary: From 80,000 to 10 million, not relying on luck, but on execution.

Over the years, I have seen too many friends fall due to greed and impulse. In fact, my journey to today is not based on any insider information, nor am I a 'chosen one.'

The true underlying logic has only three keywords: **Iron Law, Technology, Rationality.**

Be conservative when others are greedy, and calm when others are panicking. In the long run, this is the key to navigating through bull and bear markets and achieving wealth leaps.

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