37 years old, Shanghai, not working
No need to clock in, no need to see the boss's face, can leave at any time, rushing to the mountains and seas—this is the life I'm living
I own three properties:
One Shanghai view apartment for myself, a villa in my hometown for my parents, and another one that steadily collects rent
Some people ask why?
Because of ten years in the cryptocurrency space, because I rolled up to over 60 million with a set of simple methods
Today I will share the six survival rules of the cryptocurrency world that I have been keeping, remember them if you want to walk for a long time
Slow rises and small falls are healthy, be cautious of rapid rises and falls
If the market steadily climbs and the pullback does not exceed 10%, it is likely a healthy trend
But if it suddenly skyrockets by over 20% and then quickly drops, it is mostly the main force cutting quickly
Don’t be swept away by FOMO emotions, calmly judging is much more reliable than impulsively entering
The more aggressive the calls, the more you should stay away
There are always people touting "must multiply by 10" and "missing out is regrettable", even if they show many profit screenshots, don’t be swayed
Truly valuable projects never require brainwashing marketing, popularity does not equal value, don’t be distracted by noise
Only use 30% of your principal to enter, never go all in
Even for the most promising coins, only invest 30% of total assets, keep the remaining 70% as a backup for extreme market conditions
Those who go all in may exit with a major drop, in the cryptocurrency world, surviving is always more important than making quick money
Take 50% of profits first, secure the gains
The cryptocurrency world changes rapidly, today’s floating profit may be zero tomorrow
No matter how many times you have multiplied, first take half of the profits out, and gamble with the rest
Securing gains is not conservative, it is the most rational
Do not touch coins you don’t understand, no matter how popular they are. New plays keep emerging, don’t blindly follow the trend
If you don’t understand the underlying logic, never enter, otherwise, you may easily become the last one holding the bag
Being steady and following the rules is better than all techniques
These simple methods have helped me survive many rounds of bull and bear markets, no matter how good the market is, some people still lose, and some people earn even in the worst conditions; living longer is the ultimate truth of the cryptocurrency world
I hope these experiences can help you avoid detours in the cryptocurrency world and steadily walk into the life you want
I am Ming Ge, not boastful or painting a picture, just sharing practical experiences that can help you survive in this circle. If you want to turn things around and get on board, let’s do it together! #币安人生