At 32, I settled in Shenzhen and live a pretty 'Buddhist' life—I've opened a small studio, no overtime, no socializing, with two properties in hand, one for living and one reserved for my parents’ retirement.
In the past 6 years in the cryptocurrency circle, I didn’t rely on so-called 'big shots' for trading advice, nor did I touch any pump-and-dump coins. Without any flashy operations, I relied on a 'not greedy, not anxious' simple method to multiply my principal nearly a hundred times.
Today, I’m sharing my hard-earned experiences; compared to complex technical indicators, these seemingly 'clumsy' principles can actually help you avoid many detours—
### Six Survival Rules in Cryptocurrency
1. Slow rises and small dips ≠ weakness; panic only during sharp rises and falls
If the market slowly climbs and the pullbacks never exceed 10%, it’s likely a healthy trend; but if it suddenly surges more than 20% and then plummets immediately, it’s almost certainly a 'quick cut' by the main force. Don’t let FOMO emotions lead you; staying calm is much more reliable than being impulsive.
2. The louder the calls for a coin, the further away you should stay
As long as someone is shouting 'will definitely go up 10 times' and 'don’t miss out', regardless of how many profit screenshots they share, just don’t engage. Truly valuable projects don’t need 'brainwashing marketing' to attract people. Popularity ≠ value; don’t let noise disturb your judgment.
3. Only invest 30% of your principal to enter, never go all in
Even if you’re optimistic about a coin, invest no more than 30% of your total assets. The remaining 70% is a fallback for extreme market conditions. Those who go all in could be completely out after just one major drop—staying alive is more important than making quick money.
4. Withdraw 50% of your profits first; what you pocket is yours
The cryptocurrency market changes rapidly; today’s unrealized gains could turn into losses tomorrow. No matter how many times you multiply your investment, withdraw half of your profits to cash out, and continue playing with the rest. Taking profits is not conservative; it’s a principle.
5. If you don’t understand a coin, don’t touch it, no matter how hot it is
DeFi, NFT, AI concepts… new plays are emerging constantly, but don’t blindly follow just because 'everyone else is making money.' If you don’t understand the underlying logic, don’t get on board; you could end up being the last one holding the bag.
No matter how good the market is, some people will lose, and no matter how bad it is, some people will make money. Surviving longer is more important than making quick profits. These simple methods helped me endure two rounds of bull and bear markets, and now I pass them on to you who want to thrive in cryptocurrency for the long haul—being grounded and adhering to the rules is better than anything else.