Having been in the cryptocurrency world for 7 years, today I’m going to speak frankly! $DASH

I’m a 37-year-old from Fujian, currently residing in Shanghai. One set of self-owned housing, one set for my parents, one set for rental income, a Maybach and a beloved sports car in my name—don’t be envious, these are all the results of my struggles in the crypto world, not due to having a golden key from birth.

I started with a capital of 150,000, but at one point, I had to endure a minimum drawdown to less than 50,000 💸. Back then, I couldn’t sleep at night, my pillow was wet several times, and I almost gave up and left the market. But I held on through gritted teeth, and with a seemingly “foolish” method, I managed to roll up to tens of millions.

The craziest time, I achieved a 100 times return on my base in just 3 months, directly soaring to millions! Sounds like bragging? Behind this are over 2,000 days and nights of watching the market, reviewing trades, accumulated with blood and tears.

Here are some genuine experiences to share with brothers still feeling their way in the dark:

❶ A bull market is not just “picking up gold coins everywhere”

I’ve seen too many people get greedy and mess it up, ending up with nothing but scraps. My strategy: Focus tightly on one sector, only eat the main rising waves. When a new concept explodes, stick to that track, study the leaders and those catching up, just getting one right is enough to ride the whole wave.

❷ When buying coins, pay attention to the “new” principle

Cheap old coins look tempting, but most are just worthless junk. The market loves new stories, new expectations, and new popularity; don’t let so-called “sentiment” drain your wallet.

❸ Be very cautious with contracts ⚠️

I’ve played around, with the highest reaching 8 digits, but I can’t even remember how many times I’ve been liquidated. If you really want to try: don’t go all in, leverage should not exceed 5 times, and set stop losses as naturally as breathing.

❹ Cycles are ironclad rules; don’t go against the trend

In the cryptocurrency world, there’s a four-year cycle, and the end of a bull market will clear all altcoins! When even delivery workers start asking “which coin can double,” congratulations, the peak has arrived. Can’t bear to run? A bear market with a 90% drawdown awaits you.

I have no talent and no insider information, I just survived relying on these “foolish methods,” and I’m doing better than quite a few smart people. If you want to make it in the crypto world, first ask yourself: Can you withstand a 90% drop and still get back up?

#Crypto market rebound #币圈暴富