Surviving in the Cryptocurrency World: A Foolish Method from Losing 150,000 to Having a 10 Million Position
"The sky is falling! I lost 150,000 in a year, what should I do?" I have heard this desperate shout countless times eight years ago, and it is still playing out in the cryptocurrency world today.
With little capital, excitement when prices rise, insomnia when they fall, and a complete collapse of mentality when volatility hits—if you are stuck in this cycle, don’t rush to swipe away.
I am 36 years old, a native of Sichuan, settled in Shenzhen, living with two apartments and a sports car, not relying on luck or talent.
Eight years ago, I entered the market with a capital of 200,000, losing it all down to less than 50,000, and during that time, I relied on beer to numb my anxiety.
What truly rewrote my fate is a "foolish method" gained from 2555 days of losses and liquidation, which allowed me to roll from a few tens of thousands to tens of millions, with one wave of bottom positions increasing 100 times in three months, directly achieving a leap in social class.
Let’s break a truth: 90% of people in a bull market are still losing money, and the root cause is "random buying." My approach is very simple, focusing solely on one sector and keeping a close eye on the main upward trend.
After the new narrative erupted, dissecting the leaders, supplementary rise logic, and emotional rhythm, capturing the right moment can yield full wave profits, which is much more reliable than bumping around randomly.
"Buy new, don’t buy old" is a lesson learned through blood and tears. Low-priced old coins may seem like a "bargain," but in reality, they are mostly "corpses" that no one cares about.
The market always chases new stories and new traffic; holding onto positions based on sentiment will only dig you deeper, and rationally chasing new opportunities is the way to survive.
Contracts can be touched, but rules must be followed. I have earned eight figures through contracts and have also been liquidated countless times, summarizing three iron rules: never go all in, leverage should not exceed 5 times, and stop-loss should be as natural as breathing; if you can’t do this, stay far away.
Cycles are an unavoidable iron law, with a four-year cycle, and the end of a bull market will clear out the fakes.
Judging the peak is very simple: when delivery workers and barbers start asking, "Which coin can multiply ten times?" you know you are at the top of the mountain. A 95% drawdown in a bear market is enough to swallow everything; timely withdrawal is essential for survival.
The cryptocurrency world never lacks opportunities; what is lacking is those who can endure until the opportunity arises.
Instead of asking "Which coin can multiply ten times?" it’s better to first ask yourself: After a wave of 90% drawdown, can you still survive?
Being able to endure, execute, and not fantasize is the ultimate code to traverse through bull and bear markets #特朗普缓和局势 #国际油价下跌 @加密珂姐 $ETH
