10-Year History of Blood and Tears in the Crypto World: 3 Life-Saving Rules for Getting Rich at the Cost of Your Life!
In 2018, in a rented apartment in Shenzhen, I witnessed the crazy rise of Bitcoin, turning a principal of 300,000 into nearly 3 million in just 3 days, thinking the crypto world was my ATM! As a result, on Christmas Eve, my account shrank directly to less than 600,000, and I realized that 'holding on for the sake of getting back to break even' is a suicidal operation!
After eight years of struggle, I have learned three ironclad rules for survival:
Leverage is a meat grinder, not a money printer! Trading Ethereum with 20x leverage, earning 400,000 in one day was exhilarating, but in the '519' crash of 2021, I lost 600,000 in just two hours! Now, leverage is locked at 3x, and I never exceed 5% in a single coin position!
Don't pick up gold in a garbage dump! Heavily investing 250,000 in 'domestic Ethereum' and riding it up to 1.5 million without selling, only to see it drop to less than 0.001 USD! Now, 85% of my funds are focused on Bitcoin and Ethereum, with 15% in altcoins for fun!
Stop-loss is the final line of dignity! Set an 8% death line for each trade, and cut losses immediately upon touching it! Before trying to double your money, ask yourself: Can you remain calm and enjoy hot pot after your account hits zero? The crypto world is not short of opportunities; what it lacks is the capital to survive until the opportunity arrives!
I crawled out of the sea of blood and corpses in the crypto world, and now I hold the 'Torch of Survival'! Is this torch bright? Do you want to join me in carving out a bloody path?
