How suffocating was last year's bear market? I threw the remaining 5,000 yuan into the market, with my mind full of 'recovering to pay rent,' but ended up chasing high prices and stepping on a big landmine, losing 30% in three days. The landlord's WeChat voice messages sounded like a ticking time bomb, each one ending with a 'smiling' suffix, 'Little Wang, the rent is due.' That tone was more despairing than a waterfall market. During that time, I didn't even dare to add sausage to my instant noodles until I realized a life-saving principle: In the crypto market, those who run fast are dead; the ones who survive the longest are the winners. So I summarized six phrases of 'Turtle Wisdom,' scribbling them all over the monitor frame, and managed to turn 5k into 52k.
As a crypto veteran with 8 years of experience, I must say today: 90% of retail investors suffer huge losses, not because they can't pick coins, but because they are too impatient! Eager to recover losses, eager to get rich, treating the market like a casino, they end up losing everything. The core of my 'Turtle Wisdom' is to do the opposite, use restraint to counter greed, and patiently outlast volatility.
First, remember these three 'life-saving iron rules,' they are more effective than any coin selection techniques.
In the crypto market, surviving gives you the right to talk about making money. These three iron rules are my 'life-saving talisman'; I set them as my phone wallpaper so that I see them every morning when I open my eyes:
1. Avoid leverage; extinguish your gambling nature at its root.
Don't think 'a little leverage is okay'; leverage in a bear market is a harvesting machine! I locked my account's leverage function at 1x, effectively shackling my hands. I've seen too many people who could handle small losses, but when they added leverage, they directly faced liquidation, turning 'losing rent' into 'losing all capital.' Remember: in a bear market, capital safety always comes first.
2. Don't chase bullish candles; out of sight, out of mind.
Do you feel your blood boiling when you see a big bullish candle? Quickly stand up, take out the trash, wash your face! I can guarantee you that 80% of the bullish chasing in a bear market is just picking up the bill. I set a rule for myself: as long as the daily line closes bullish, I immediately close the trading software; even if my friends send screenshots shouting 'it's going to break out,' I resolutely do not look, out of sight, out of mind, and my hands naturally won't itch. After all, looking at the market less might mean losing less money.
3. Don't go all in; always keep 30% as emergency funds.
You must keep 30% of your funds as backup; this is not being conservative but leaving yourself an escape route. I treat this portion of money as an 'instant noodle fund'; even if the market is bad, I will never touch it. Many retail investors always think 'go all in; if I win, I can have the young models at the club, if I lose, I'll have to work hard'; the reality is that if you lose, you probably won't even be able to afford instant noodles. Keep a good amount of emergency funds so that when the market reverses, you have money to buy the dip instead of just standing by and regretting.
'Turtle Wisdom' practical application: slow down, earn more steadily.
Having iron rules is not enough; you also need to know how to make money in 'slow motion.' The first trade I executed with this method hit a nice opportunity:
There was a shitcoin that kept consolidating at a high position for 5 days, and many retail investors around me were eager to enter, saying 'if you don't buy now, it will be too late.' But I remembered the lesson from 'Turtle Wisdom': consolidation without movement is gathering strength; jumping in eagerly before a clear signal is just giving away money. I managed to resist, and whenever my hands itched, I would open the calculator and calculate how long I would have to eat instant noodles if I chased the highs; that instantly calmed me down.
It wasn't until the 6th day that this coin broke out with volume that I slowly entered the market; when I made a small profit of 15%, I decisively exited. Don't be greedy! Small profits in a bear market accumulate to become a big winner. The next day, the daily line closed bearish, and I decisively bought back, selling again on the third day with a bullish line, earning another 12%. This rhythm of 'buy on bearish closes, sell on bullish closes' seems slow but is actually steady, much more reliable than chasing highs and cutting losses.
Later, this coin consolidated for another week, and I directly uninstalled the trading software, spending my days playing games and watching dramas at home. Moving around during consolidation is like giving money to the market; this is a lesson I learned from losses. By the end of the month, when this coin's sharp drop turned into a gradual decline, I only opened half a position to enter, and sure enough, the rebound was weak. The next day, I decisively sold out and made a small profit of 3%; this is the wisdom of the 'turtle': don't be greedy, take the profits when you can.
Another key technique: when a high position consolidates and turns down, decisively clear the position and run. In April, this coin rose to a high and formed a double top; when I saw the signal was wrong, I cleared my position with one click. Sure enough, it dropped directly by 40% afterward, and many retail investors who chased the highs were stuck badly, while I had already taken profits to pay rent.
Finally, let's talk about position building techniques: pyramid position building method. Later, when this coin dropped back to a low position, I added positions in three stages: the first stage at 0.1, the second stage at 0.09, and the third stage at 0.08, adding 30% at each stage, with a final average price of 0.089. When it rebounded to 0.11, I decisively exited, and my account broke through 50,000!
In summary: making money in a bear market is not about speed, but patience.
In half a year, 5,000 yuan turned into 52,000, without any overnight wealth myth, just daily restraint of my gambling nature, following the 'Turtle Wisdom' to slowly earn. I paid off my rent, cleared my credit card, and even bought myself a long-desired game skin; this is the principle of 'slow is fast.'
I know there are still many retail investors struggling in the bear market, chasing highs and cutting losses every day, panicking when they lose and being greedy when they earn. If you are like this, follow me@Square-Creator-0a44f19a1d7d9 #ETH走势分析 $BTC
