7 years ago, with 200,000 principal, I plunged into the crypto market. At my worst, I lost down to less than 50,000, spending countless sleepless nights staring at K lines, contemplating throwing my computer out of frustration. I had no talent, no insider information, and no wealthy parent to rely on. I solely depended on the 'stupid method' of hard work and review, eventually rolling my way to a net worth of tens of millions. One wave of market surge turned 300 times in 3 months, directly earning me a house to live in, rental properties, and the sports car I dreamed of.
Today, I pulled out the 4 survival iron rules that I kept hidden away. They are practical lessons accumulated from more than 2900 days and nights of trial and error. For those who understand, you'll avoid 3 years of detours and be less of a 'grass' in the crypto market!
1. A bull market is never about 'picking up money with closed eyes'; a breakthrough at a single point is the way to go.
Many people think that when a bull market comes, they should 'cast a wide net', wanting to dabble in all kinds of sectors. As a result, they become overwhelmed and end up missing out on the major trends, while losing a lot of money. In my 7 years, I've only adhered to one principle: a bull market relies on 'focus', not 'breadth of knowledge'.
When a new hotspot emerges, dive into this field, thoroughly understand the logic of the sector, leading assets, and the rebound teams—like during a certain market movement, I focused on a new ecological narrative, only targeting 2 core assets and 1 rebound asset, from the start to the end of the market, I managed to capture the entire wave of profits. Overextending is a big taboo in the crypto market; catching the right major uptrend is more profitable than messing around ten times.
2. The crypto market always pays for 'new stories'; don't let 'sentiment' empty your wallet.
I've seen too many people cling to low-priced old coins, calling it 'sentiment', only to watch others' new assets double and re-double, while their own holdings remain stagnant or even become more deeply stuck. It's not that old coins are bad, but the core logic of the crypto market is 'expectation difference'—capital will always prefer new narratives, new ecosystems, and new growth spaces.
Those old coins that have long lost innovation and only have 'historical halos' are mostly 'stock assets' lacking growth momentum; don't let so-called 'sentiment' hijack your wallet. Rationally view the growth logic of new assets—not blindly chasing new ones, but understanding the capital flow and ecological potential behind new stories is the key to making money.
3. Contracts are a 'double-edged sword', and the three red lines must never be crossed.
I have made eight-figure profits through contracts and also faced countless liquidations; the painful lessons tell me: contracts, either don't touch them, or if you do, you must follow the rules.
First, absolutely do not go all-in! Keep your position under 30%, with enough safety margin, and don't put all your chips on one market movement. Second, leverage must never exceed 5 times! High leverage seems to earn quickly, but in reality, it's equivalent to gambling with your life; even a slight market fluctuation can leave you broke. Third, stop-loss orders should be as natural as breathing! When it's time to cut losses, never hold onto false hopes; stop-loss is not a loss, it's about preserving your principal for the next entry, as long as there are green hills, there's no fear of running out of firewood.
4. Understanding the 'four-year cycle' is the core of long-term survival.
The four-year cycle of the crypto market is a hard rule. When the bull market is crazy, the bear market's decline is equally brutal. The signals towards the end of a bull market are quite clear—when even delivery drivers and square dance aunties are chasing and asking, 'Which asset can tenfold?', it's a warning that the market is about to peak!
At this time, you must decisively clear out small-cap coins to preserve profits! Don't think about 'earning one last profit'; a 90% retracement in a bear market is normal. Many people lose all the money they made in the bull market during the bear market. I survived because I understood the cycle: be greedy when it's time to take full profits, and never linger in battle when it's time to retreat. Enduring the declines of the bear market is the way to wait for the next bull market opportunity.
Actually, I don't have any exceptional qualities; being able to grow from 200,000 to millions relies entirely on 'stubbornness'—every loss is reviewed overnight, every pitfall is noted in a notebook, I respect the market, don't be greedy or gamble, and stick to the bottom line.
In the crypto market, if you want to establish yourself long-term, don't first ask 'which asset can double', ask yourself if you can withstand a 90% decline and still hold firm. In the future, I will share more practical reviews, sector analysis, and market judgments. Follow me, and let’s not be the 'chives' that chase uptrends and downtrends, but 'long-term survivors' in the crypto market!
If you find this information useful, give a follow so you don't get lost~ When the next market movement arrives, let's eat meat together without stepping into pitfalls, and steadily make money in the crypto market!
