1. That night when I bet the dowry money
At the end of 2017, I did something that I still feel scared about now - I invested all the dowry money I had saved for two years, a total of 70,000 yuan, into Bitcoin at 500 dollars each. I didn't even bother to look at any technical analysis or white papers; my mind was solely focused on one phrase: 'The wind is blowing, even pigs can fly!'
What happened? A year later, in a small guesthouse in Chiang Rai, Thailand, my phone popped up with the account balance: 2.1 million. I stared at the screen for ten minutes, while outside the window, the rain was sticky, and inside my heart was a burning fire - it turns out that the phrase 'getting rich quickly' can really make someone dizzy.
But the rain in the crypto world never makes sense. By the end of 2018, my account shrank from 2.1 million to 180,000 like a deflated balloon. I sat at the wooden table in the inn, calculating every penny I had to spend. At that moment, I understood: falling from the peak hurts more than falling from a cliff.
Two, four "rules for survival" gained through blood and tears.
Liquidation, cutting losses, missing opportunities... I've stepped into all these pits. Later I realized: in the crypto world, surviving is more important than earning. I share my four iron rules, hoping you take fewer detours.
1. Don't touch money outside your understanding, even if it piles up like a mountain.
When NFTs were hot in the early years, I didn't even understand what "smart contracts" were; I just heard people say avatars could double and rushed in. What happened? I lost 180,000 in a week.
My approach: now when encountering any project, I first ask myself three questions:
What real needs does this thing solve?
Is the code open source? Is the community building seriously or just shouting orders?
If I have to explain it clearly to my mom, can I do it?
If you can't do it, just give up. If you don't understand the money, even if you earn it, you'll have to return it.
2. Position is a talisman, not a charge.
In the past, I always wanted to 'go all in for ten times', but now? Positions are divided into three levels:
45% core position: only hold Bitcoin and Ethereum. They may rise slowly, but they can withstand blows in a bear market.
35% strategy position: engage in cross-chain arbitrage or staking. For example, when ETH dropped to $1,100 last year, I used this part to average down and benefited from the rebound.
20% reserve fund: never touch it, always wait for a black swan to buy at the bottom.
3. Leverage is a principal harvester, not a money printer.
During that time when I played contracts with all my funds, I almost quit after losing everything in one night. Later, I directly disabled the contract feature on the exchange—leverage won't make you rich, it will only make you anxious.
Real data: In that wave of $19 billion liquidation in 2025, over 1.6 million people were liquidated. These people didn’t misjudge the direction, they lost to position management.
4. News must be mined by yourself, don’t eat what others have chewed.
Order groups and influencers recommending coins, 99% are here to cut leeks. Now I only trust three things:
On-chain data: for example, changes in large holders' positions, net inflow to exchanges.
Project progress: GitHub code updates, mainnet launch progress.
White paper logic: If I can't understand the token model clearly, I will directly blacklist it.
Before the FTX crash in 2022, I discovered the loophole by checking reserves and withdrew funds in advance to avoid disaster.
Three, the survival philosophy in the crypto world: slow is fast.
Now my goal is very simple: 18% annualized return, and so far this year it's just right at 16%. How did I achieve this?
Only eat the fish body: don't chase the wild ups and downs, wait until the trend is clear before taking action.
Regularly withdraw principal: for every 30% profit, definitely withdraw 10% into pocket. Account numbers are virtual, bank balance is real.
Desensitization to emotions: after setting price alerts, just close the software. Is one day in the crypto world equivalent to one year in the real world? Don't mess around, life is the main storyline.
Four, a letter to my former self.
If I could go back to 2017, I would tell that girl who stayed up late watching K-lines:
"There will always be opportunities, but there is only one principal. Be a little foolish, be a little slow, survive to the next episode, and you will be the winner."
The crypto world rewards not the smart but the disciplined. Follow Ake to learn more first-hand information and accurate points in the crypto world; learning is your greatest wealth!#加密市场反弹 #美联储降息 $ETH
