"Six years later, I still remember the thrill I felt when I first opened my Ethereum wallet."

In the cryptocurrency world, you'll see the rationality of code during the day and the greed of human nature at night.

From entering the bull market in 2017 to experiencing three cycles in 2020, 2022, and 2024, I've gradually come to understand: this market isn't short of smart people, but rather those who can survive and navigate the cycles.

This isn't a review, but a survival guide—for every crypto veteran, or newcomer, walking the fine line between on-chain and human nature.

All these lessons were learned with real money. Please keep these six years of crypto survival tips.

Many say that cryptocurrency speculation relies on luck, while holding on to your holdings relies on faith. But in my six years in the cryptocurrency world, I've witnessed a more chilling truth:

Only those who navigate cycles and see clearly into human nature can achieve long-term success.

1. Cycles are the only "certainty."

Halving doesn't necessarily mean an immediate surge. The true market dynamics are determined by the "triangle" of liquidity, interest rates, and narrative momentum.

When CCTV is once again calling it a "blockchain scam" and mining shutdowns become a hot topic, it's often a signal to buy.

2. Every new narrative is a game of wealth transfer.

From ICOs, DeFi, NFTs, to memes, every bull market has its protagonists. But the essence remains the same: seizing the right to speak equals seizing the right to distribute wealth.

Searching "shitcoin + technical discussion" on Twitter is one of my secrets for staying ahead of the curve.

3. The real signals lie on the chain.

Before large investors sell, they often see these signal combinations: a surge in net inflows to exchanges, a sharp drop in stablecoin interest rates, and a disappearance of OTC premiums.

When contract fees are > 0.1% and the long-short ratio is > 2:1, beware: a market reversal is possible!

4. Security awareness is the greatest alpha.

Don't trust "double airdrops," avoid unfamiliar DMs with customer service representatives, and use cross-chain bridges with caution. Cold wallets and titanium plate backups have been my bottom line for surviving countless hacker attacks.

5. Regulation and Opportunity Coexist

Hong Kong-style compliance → Potential Hong Kong-related tokens; US-style ETF speculation → Pay attention to Grayscale's holdings; and every policy rollback is accompanied by a surge in DEX trading volume.

6. Ultimate Understanding: Code encapsulates human nature; only by penetrating it can true freedom be achieved.

Remember: The ultimate test in the cryptocurrency world isn't technology, but character.

If you can maintain consistent investment during a downturn and resist FOMO during a bull market, you've already outperformed 90% of the market.

These insights are the product of six years of experience in the blockchain, social networking, OTC, and contract markets. I hope they can help you avoid some pitfalls.