A veteran of the crypto world who has survived bull and bear markets.
At three in the morning, I stared at the fluctuating candlesticks on the screen, while a certain DeFi project's AMA live stream played in my headphones. Outside, the night was dark as ink, while the global crypto market's trading volume was washing over the blockchain at a speed of hundreds of millions of dollars per second. Such scenes have repeated 2,743 times in my ten-year crypto career.
Someone asked me, 'Can the crypto world really change the fate of ordinary people?'
My answer is: Yes, but the premise is that you first change the way you view wealth.
One, the magical reality of the crypto world: a nationwide 'social experiment'.
In 2017, I happened to meet a pancake vendor at a Shanghai subway station, who asked me while flipping eggs, 'I heard Bitcoin is forking, should I buy BCH or BSV?' At that moment, I realized that cryptocurrency was no longer a toy for geeks, but a nationwide movement wrapped in technological revolution, financial speculation, and human nature games.
The first opportunity the crypto world gives ordinary people is called 'equal entry tickets':
No need for a 985 education or family resources; just a mobile phone can connect you to the global market;
24/7 trading, hundredfold leverage, liquidity mining... The rules established by traditional finance over a century are being reconstructed by code here;
From Vietnamese farmers to Silicon Valley engineers, everyone faces the same set of rise and fall logic—though this logic often seems absurd.
The SHIB of 2021 and the PEPE of 2023, countless 'grassroots tokens' are creating the legend of 'adding two zeros to accounts'. But what truly changes fate is never luck.
Two, behind survivor bias: 99% of wealth stories are 'unfinished novels'.
I have witnessed too many dramatic turns of fate:
Programmer Old Wang mortgaged his property and went all in on Luna, clearing out at the peak before UST depegged, netting 38 million;
College student Xiao Zhang used 5,000 yuan of living expenses to buy a shitcoin, and three weeks later his account turned into seven figures, but he went to zero in the exchange crash;
Dongguan factory owner A Qiang followed a 'master' to trade contracts, experiencing a rollercoaster ride from financial freedom to a debt of one million within 48 hours.
The most dangerous illusion in the crypto world is treating the accidental as a rule.
Those 'successful individuals' who flaunt their gains will not tell you:
They suffered 37 consecutive losses before blowing up;
They had insider information about a certain project in advance;
Their 'principal' may come from high-interest loans or pensions.
Three, the formula for changing fate = cognitive arbitrage × anti-human behavior.
In the traditional world, ordinary people find it difficult to break through class barriers; however, in the crypto world, information asymmetry, cognitive differences, and poor execution create three layers of arbitrage opportunity:
Information asymmetry battlefield:
Before the DeFi Summer explosion in 2020, those who could understand the Uniswap white paper had already positioned themselves with governance tokens;
Before the Shanghai upgrade in 2022, those who understood the essence of the LSD track had positioned themselves in LDO and RPL;
—The essence of making money is knowing 'what others do not know'.
Cognitive Differential Game:
When the public chases MEME coins, the smart ones are positioning themselves in RWA, Depin, and the AI + blockchain integration track;
When retail investors study candlestick patterns, the hunters are analyzing the Federal Reserve's balance sheet and the on-chain flow of USDT;
—Build positions in a bear market, sell in a bull market; the cycle law is always effective..
Execution Life-and-Death Situation:
When the Ordinals protocol was just released in 2023, those who learned and minted Bitcoin NFTs immediately spent less than $10;
After the Bitcoin ETF passes in 2024, those who decisively exchanged profits for physical gold avoided the black swan in May;
—Opportunity windows often close in hours..
Four, the survival rules for ordinary people: be a mathematician in the casino.
If you still wish to step into this dark forest, remember three iron rules:
Replace the fantasy of becoming rich with odds thinking.
Use funds that you can afford to lose and bet on high-odds assets (BTC/ETH are low odds, emerging L1s and specialized protocols are medium odds, early project airdrops are high odds);
Always keep 30% of your position to deal with extreme situations.
Treat exchanges as ATMs, not as homes.
When profits exceed three times the principal, withdraw the principal immediately;
Assets stored in cold wallets are yours; the balance on exchanges is just a number.
Find 'asymmetric opportunities' amidst the noise.
When Twitter influencers collectively shout out, it is often the time to sell.
When mainstream media starts mocking the crypto world, it might be a signal to build positions.
Five, the ultimate truth: the crypto world does not change fate; it is you who changes it.
Looking back, those who truly turned their lives around through the crypto world:
An English worker taught himself Solidity to become a smart contract auditor;
A food delivery worker found alpha projects through on-chain data analysis;
A housewife transformed into a community leader in a DAO organization...
What they change is never the account balance, but the courage to break through cognitive boundaries, the discipline to combat human weaknesses, and the ability to build order amidst chaos.
The crypto world is like a magic mirror, reflecting the deepest greed and fear within everyone. When you can look into this mirror and say, 'I know who I am, I know what I want'—perhaps at that moment, the change of fate is just beginning.
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