As a newbie in the currency circle, I stepped into this field full of unknowns and opportunities with a principal of 150,000 at the beginning of 2021, trying to find traces of wealth in the ocean of digital currency. Now, when I look back on those days, it seems like an exciting adventure, and I, the lucky adventurer, successfully increased the initial capital to 2 million, and even reached the peak of the last bull market. Earned a staggering 12 million.
My story begins with curiosity and exploration of cryptocurrency. At that time, I had just graduated from college and was working in an e-commerce company in Shenzhen. Although I had a stable income of 20,000 to 30,000 yuan a month, faced with the high cost of living and unreachable housing prices, I knew that it was difficult to achieve it with salary alone. My dream of wealth. So, I began to pay attention to this legendary currency circle.
I am determined to invest most of my savings in this market full of infinite possibilities. I carefully allocated mainstream digital currencies such as Ethereum (ETH) and Bitcoin (BTC), and also diversified my investments in some potential altcoins. I am well aware of the volatility and risks of the market, so I always stay calm and rational, and keep an eye on market dynamics and price changes.
In the ups and downs of the market, I chose to hold on firmly and increase my position at the right time. Even when I encountered the 519 crash, my confidence never wavered. Instead, I saw the opportunity to increase my position and acted decisively. My patience and confidence were finally rewarded. When Bitcoin reached a record high in 2021, my assets also ushered in a huge increase in value.
However, I was not carried away by the joy of victory. I was well aware of the fickleness and unpredictability of the market. After observing that the market trend began to weaken, I decisively cleared most of my positions to avoid the risk of a possible market correction. Most of the retail investors who still had long fantasies and were greedy for the tail market have now been deeply trapped by the market.
After this bull market, my fund account reached an astonishing 12 million RMB. I used part of the funds to pay the down payment for a house in Shenzhen, realizing my dream of settling down in this city; another part was used for daily living expenses and investment and financial management; and the rest of the funds, I continued to keep in the exchange, waiting for the next investment opportunity to come.
Looking back on my investment experience, I deeply feel that success is not accidental. I attribute my success mainly to the following points: First, I have a relatively large amount of principal and a stable cash flow supply, which provides a strong guarantee for my flexible operation in the market; second, I have a good grasp of the timing of entry and buying and selling points, which allows me to capture more profit opportunities in market fluctuations; third, I always insist on trading only when there is high certainty, avoiding unnecessary risks; finally, I always maintain a good attitude and do not use contract leverage and borrowing to make high-risk investments.
In the cryptocurrency market, the key to making money lies in comprehensive consideration of various factors. We need to grasp the market cycle, choose the right time to enter the market, accurately judge the entry and exit points, select potential projects, reasonably allocate positions, and properly manage the principal. Only in this way can we move forward steadily in the market fluctuations and achieve continuous growth of assets.
