Discipline beats talent, and systems are better than luck.
At 37 years old, watching this market go through one bull and bear cycle after another, I finally dare to speak the truth: all the doubling myths are backed by anti-human 'hard work.' When everyone is frantically chasing after gains and panic selling, I just respond: 'Eight-digit account, sleep well at night.'
From initially biting my teeth and watching to now being calm and composed, I rely not on any profound secrets, but on a '253 bottom warehouse formation' that many experts scoff at. It is this 'clumsy' method that has allowed me to securely lock in over 20 million in profits during the huge shocks from 2021 to 2023.
1. Why do 'smart people' always lose money in the crypto space?
The crypto space is not short of 'smart people.' They chase every hot topic, participate in every popular project, and trade frequently, fearing they might miss any opportunity. But the result? Their account balances often dwindle.
The biggest illusion in the crypto space is thinking you can get rich quickly. I've seen too many people enter the market because of overnight wealth stories, ignoring the massive risks behind them. Social media is filled with various 'big shots' showcasing their trades, making you feel that if you don’t follow their lead, you’ll miss out on billions. But the truth is, behind these appearances is a significant information asymmetry.
I have also fallen into this trap before. In the early days of trading, I was obsessed with staying 'active,' feeling the need to participate in every trade. The result was that a high number of trades did not equate to high profits; in fact, frequent trading often lightened my wallet, leading to heavier regret.
Trading when tired is even more disastrous. I once stayed up all night watching charts, thinking I was seizing every opportunity, only to realize later that the quality of my decisions was terrible. Decision fatigue hits harder than a flash crash; when you are exhausted, your brain takes shortcuts, which often leads directly to wrong decisions.
2. My '253 bottom warehouse formation': so simple it's hard to believe, yet effective to the point of being incredible.
So, how did I get out of this predicament? It all relied on this '253' system:
Step one: 20% light position trial—kick the 'all-in addiction'.
In the first round, only 20% of the vanguard is dispatched, and fluctuations are not panic-inducing. This step has only one goal: to control your hands and break the endgame for the retail investors—bet everything on tomorrow.
Many newcomers see a certain cryptocurrency surge and can't help but invest their entire capital, often buying at high points, and once there's a pullback, they get trapped. However, trying a small position keeps you calm and rational during market frenzy.
Remember, your goal is to accumulate wealth, not to prove how 'smart' you are. In the cryptocurrency market, surviving is winning. For novice investors, my personal advice is to stick to simple strategies, and you can even allocate certain proportions across mainstream cryptocurrencies.
Step two: 50% rolling replenishment—'blast' your cost to the floor price.
Price dropped? Perfect! Strictly execute 'buy 10% for every 8% drop'; the more violent the fluctuations, the lower your cost. While others panic and sell, you calmly pick up money.
The key to this step is to operate with a plan, not emotional decision-making. When the market drops, most people's instinctive reaction is fear, but with a clear plan, you can profit from market fluctuations.
But please note, this is based on a thorough understanding of the projects you invest in. If you don’t understand something, don’t buy it until you do. Many buy tokens due to hype or FOMO (fear of missing out), without truly understanding the project or its business model.
Step three: 30% full-force attack—understand the main upward trend.
When BTC breaks through key levels strongly and holds for three days, immediately invest 30% of your elite capital to unleash profits completely.
This step is the art of letting winners run. Many rush to sell for profit when the price starts to rise, but miss out on the bigger gains later. My experience is to let winners run for as long as possible and cut losers as quickly as feasible.
Cryptocurrency trading is all about momentum; ride the waves for as long as possible and avoid being knocked down by them. But remember, selling during an uptrend to lock in profits is wise. In the last cycle, I recklessly reinvested a lot of profits, simply because I had stablecoins on the exchange, which I kept trading. Later, I learned to take profits and convert them back to fiat to 'lock in' earnings.
3. What truly matters in the crypto space is not technology, but mindset.
Having been in the crypto space for a long time, I deeply realize that successful investing is not about flaunting victories or getting rich overnight, but about continuously avoiding mistakes and preserving capital when the odds genuinely favor you.
One of the hardest truths to accept is: the market doesn't care about your ego. Nothing deflates a trader's ego more than a big loss. But reality will hit you hard—the market always finds a way to remind you who the boss is when you least expect it.
Emotional management is the biggest challenge for traders. When you start making money, you may feel extreme excitement, and this feeling can be addictive; you will want to recreate this thrill continuously. However, overtrading or frequently rotating positions often stem from chasing this feeling rather than making rational investment decisions.
One of the hardest lessons I learned is that rules are not just guidelines; they are lifelines. Early on, I thought I was smarter than my trading plan. 'Just this once,' I would comfort myself, moving stop-loss points or increasing position sizes. But the truth is: the reason your rules exist is for a purpose. They are distilled from painful lessons.
4. Advice for investors at different stages.
If you are a beginner: prioritize holding mainstream cryptocurrencies like Bitcoin and Ethereum. Many newcomers see that mainstream coin prices are high and feel they can't buy much, leading them to favor buying altcoins, where they can suddenly buy thousands or even tens of thousands; this is a common mistake. Bitcoin can be purchased in fractions and has relatively low volatility, while altcoins can drop 90% in the next second.
If you have some experience: find one or two strategies that suit you best and become an expert in that niche. There are many ways to make money, but being an expert in a specific area is better than being a jack-of-all-trades. Meanwhile, clearly define your strengths and focus the vast majority of your energy on achieving the best outcomes from them.
If you want to invest full-time: ask yourself if you are ready to be online 10 to 16 hours a day, 7 days a week, for several years. Even so, there are no guarantees of success. Full-time immersion in the crypto market requires extreme self-discipline, patience, and mental resilience.
5. Finally, a few heartfelt words
After eight years in the crypto space, my biggest realization is: slow is fast. Avoiding pitfalls and reducing tuition fees, being slow is the fastest shortcut.
Many people do not make money, not because there are no opportunities, but because they lack a counterintuitive system. Resisting greed and mastering fear, you have already outperformed 90% of players.
When the market is euphoric, stay sober; when the market is panicking, maintain courage. Bull markets are always born in pessimism, grow in doubt, mature in optimism, and die in frenzy. Understanding market cycles and sector rotations is essential for long-term survival in the market.
Lastly, remember what the goal of investing is. Many think retirement is the goal, but the true goal is freedom—being able to do what you want every day upon waking up. The crypto market might provide you with financial freedom, but don’t forget to pursue a more meaningful life goal.
If you're interested in my '253 bottom warehouse formation' and want to know more specific execution details, feel free to chat with me. But please remember, no method can guarantee 100% success; the most important thing is to find an investment system that suits you.
In the crypto space, staying alive is the hard truth, and surviving relies not on intelligence, but on discipline.
My personal voice: I'm not a big shot, just an ordinary investor who woke up earlier than most after falling into pitfalls. My method may not suit everyone, but its core—discipline and patience—is what everyone who wants to survive long-term in the crypto space should possess.
What do you think of this method? Feel free to share your insights and confusions about the crypto space~ Follow Ake to learn more firsthand information and precise positions about the crypto space, becoming your guide in the crypto world; learning is your greatest wealth!#巨鲸动向 #加密市场观察 $ETH
