In ten years, the only thing I have learned is 'slow is fast.'
Do you remember that deep night in 2016, when I stared at a screen full of red numbers, my fingers hovering above the keyboard trembling slightly? Having been in the crypto space for less than three months, I had already lost half of my savings at the time. In that moment, I realized that if I continued to follow my emotions, I would eventually be completely out.
Now, my investment portfolio is stable in the eight digits, but I never dare to forget that night. Today, what I want to share is not a secret to getting rich quickly, but a set of 'three slow rules' that helped me survive through three bull and bear market cycles. This method is so clumsy that it makes people laugh, yet it is more reliable than any short-term technique.
Slow start: test the waters with a small position, preserving capital for a comeback.
When I first entered the market, I once experienced a paper loss of 50% in one night. The feeling of my heart almost jumping out of my chest is still fresh in my memory. Later, I set a strict rule for myself: under no circumstances should my first investment exceed 30% of my total funds.
This sounds conservatively ridiculous, right? But it is this rule that allowed me to have plenty of ammunition to buy low when Bitcoin fell 70% in 2018. While others were forced to cut losses and leave the market, I was able to calmly collect cheap chips.
Opportunities in the crypto world are always present, but the capital is only once. I have seen too many technical analysis experts completely leave this market due to a single reckless move.
My practical insights:
When a new project surges upon launch, I would rather miss out than chase the high, waiting for a pullback to accumulate.
Even if I have confidence in a project, I never invest all my funds at once.
Before each order, I ask myself: 'If I lose all this money, can I still sleep peacefully?'
Gradual accumulation: wait like a hunter, rather than acting impulsively like prey.
The craziest times in the market are often when calmness is most needed. In 2020, Ethereum fell from $1400 to $800, and there was panic all around. However, I followed the plan I had set in advance, adding 10% to my position for every 10% drop, layering my entry like a pyramid.
This strategy of gradual accumulation allowed me to achieve double returns when the price rebounded to $4000. More importantly, I didn't experience a single sleepless night throughout the process.
I firmly believe that blindly bottom-fishing is more dangerous than chasing highs and cutting losses. Most people who attempt to bottom-fish in one go end up falling halfway. Regularly adding positions can not only lower costs but also turn market fluctuations from risks into opportunities.
My practical tools:
Set price alerts instead of staring at the market all day.
Write a trading plan in advance: how much to buy at what price, how much to sell at what price.
Reject the obsession of 'if the account has money, it must buy'; cash is also a position.
Slow net collection: strike when the trend is clear; don't let the hawk fly until you see the rabbit.
Many people ask me why I was able to capture most of the gains during the bull market in 2021. My answer is simple: I only invested my last heavy position after the trend was confirmed.
I only decisively add to my positions when Bitcoin breaks through key moving average resistance, and the weekly volume continues to expand. This ensures that every large investment has high win rate support, rather than gambling based on feelings.
I have seen too many people fail just before dawn, not because they misjudged the direction, but because they ran out of bullets too early. The bull market in the crypto world always comes suddenly, but the real major trends don't complete in just a few days. Patiently waiting for right-side trading opportunities may sacrifice some profits but greatly increases survival chances.
My selling discipline:
Take partial profits after reaching target levels; never pursue selling at the highest point.
Recover the principal first, let profits run.
After selling, don't dwell on missing out; focus on the next opportunity.
Mindset is the greatest moat.
Looking back, my greatest gains did not come from some hundredfold coin but from avoiding significant losses. Survival in the crypto world relies on technical analysis as just the surface; mindset management is the core.
When the market is in panic, I force myself to stay away from social media to avoid being infected by group emotions. When the market is greedy, I reevaluate my positions and reduce my holdings to a level that allows me to sleep peacefully.
My summarized survival rules:
Light position trial and error: you can be wrong many times, but as long as you are right once, you can recover all losses.
Add positions in the direction of the trend: gradually increase holdings after confirming the direction, letting profits run.
Admit mistakes promptly: decisively cut losses if a judgment error occurs, preserving strength.
Stay away from noise: minimize group chats, listen less to 'experts', and think independently.
In today's crypto world, there are still daily tales of sudden wealth. But I no longer envy those stories of doubling overnight because I know that in this market, surviving longer is more important than making quick profits.
If you are tired of the cycle of chasing highs and selling lows, you might want to try this set of 'Three Slow Rules'. It won't make you rich overnight, but it may help you steadily walk the path of stable compound interest.
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