In 2017, the barbecue restaurant closed down, and I was burdened with 50,000 in debt, with only 30,000 left in my pocket.
After spending three days in an internet cafe, I took a desperate gamble and invested all 30,000 into Bitcoin, a crazy move in a desperate situation!
That winter, Bitcoin surged like crazy, skyrocketing 16 times in a year, and my account instantly ballooned to 480,000!
I got inflated and planned to sell my house to increase my investment, hoping to get rich overnight. But the bear market of 2018 hit like a nightmare, and my balance slid down the slide, plummeting to 120,000. Staring at the ATM screen late at night, I woke up from the dream: the unearned profits were all just a mirage!
Starting in 2019, I stopped messing around, said goodbye to chasing highs and cutting losses, and dived headfirst into mining machines and liquidity mining. Steadily and surely over three years, my account grew like a snowball to 2,800,000!
Some people asked me how many hundred times coins I had caught, and I sneered: first, ensure survival, then you can talk about making money!
After years of struggles, I realized three golden rules:
1. Capital is life: profits can be gambled, but capital must be preserved. Even if the coin price drops like crazy, if there’s capital, there’s a chance to turn things around!
2. Don’t mess around if you don’t understand: if the white paper is vague, the team is unreliable, and the model doesn’t make sense, quickly withdraw, don’t be a victim!
3. Position determines life and death: I created the 5311 allocation method, single coin not exceeding 15%. In the bear market of 2022, while others were crying, I only retraced 15%!
Now BTC has plummeted from 126,000 to 90,000, and altcoins are even more painful to watch. But this kind of market is precisely a mirror:
In a bull market, one must be restrained, don’t let greed cloud your judgment; in a bear market, one must be patient, and you’ll see the moon when the clouds clear. The real winners rely on strict discipline, not on luck!
The market ebbs and flows, with rises and falls never stopping. If you can endure the bear market and survive to the next bull market, you are a winner in life!
