In 2018, I made a mistake that made my parents cry—I spent the 80,000 yuan I saved for a two-year wedding house down payment, all on Bitcoin at 450 dollars each.
At that time, my mind was filled with the thought of "the opportunity is here, I can't miss it," until a year later in a rented homestay in Chiang Mai, when my phone popped up showing an account balance of 2.3 million; I really thought good luck had hit me.
But the bear market came faster than a typhoon. By the end of 2018, the account numbers looked like a balloon that had been popped, watching helplessly as it shrank from 2.3 million to 220,000.
I sat at the small table in the homestay, even calculating the cost to extend my stay, with the cicadas outside sounding particularly harsh—turns out the so-called "opportunity" hurts so much when you fall.
Later, after many liquidations and getting cut, I figured out four "survival rules":
First, don't touch areas outside of my understanding; years ago, I heard someone say that virtual real estate could rise, and I rushed in without even clarifying the use, losing 220,000 in a week before I understood that "money outside of one's understanding cannot be earned";
Second, properly manage position allocation; now I invest 50% in Bitcoin and Ethereum, 30% in cross-platform arbitrage, and keep 20% as reserve funds. Last year when ETH retraced to 1,200, I relied on the reserves to average down and didn't miss the rebound;
Third, never touch leverage; the time I played contracts with my entire position and ended up at square one overnight, I directly turned off the contract functions of the exchange. It's never a profit amplifier but rather a principal harvester;
Fourth, discern information yourself; those signal groups and influencer coin recommendations are all traps. Only trust on-chain data and white papers; before the collapse of FTX in 2022, I noticed something was off with the reserves and withdrew my assets in advance to avoid disaster.
Now, I no longer chase explosive growth; I only seek a stable annual return of 20%. So far this year, I have just reached 18%. Surviving this journey in the crypto world is better than anything else.
Many people are trapped in the ups and downs not because they don’t work hard, but because they lack a bit of clarity. The market is always there; find the right direction, and I, Ice Sister, will help you take fewer detours.
#加密市场观察 #ETH走势分析