“While others chase trends, he sits by the cold stove;

When others go all in, he calculates his liquidation first.”

This is a playful jab from a friend in the crypto circle at A Le.

At 35 years old, a Chaozhou native now living in Shanghai, he owns two apartments and has tens of millions of U.S. dollars in his wallet, all earned over 9 years using a set of “homegrown methods” to extract from an initial capital of 470,000.

The story begins in 2016.

That year, Ethereum was only 12 dollars. A Le entered the market with 470,000 from his wedding fund, but his first investment in altcoins left him with only 60,000.

Instead of going all in to recover, he printed out the candlestick charts and pasted them on the wall, using a red pen to mark each instance of “volume breakout + EMA multi-bar” patterns, forcing himself to only buy after the second bullish candle following a “money bag” signal, cutting losses when the trend line broke, and remaining steadfast.

In the 2017 bull market, he bet on a combination of leading coins and potential coins, rolling out 20 million in 4 months, with a 400-fold return;

At the end of the bull market in 2021, while delivery workers around him were chatting about “Dogecoin to the moon,” he cleared his position overnight, leaving only 20% BTC, thus avoiding a later 90% drawdown.

This December, BTC stabilized at $92,000, ETH on-chain gas at 76 gwei, but A Le remained completely grounded.

He divided his positions into three parts: one part continues to sit on new L2 coins that have not yet started their major upward trend, one part is waiting for the Bitcoin halving expectation in April next year, and the last part is putting USDC to earn 8% on demand. In his own words, “You have to stay alive to play another game.”

Some laugh at him for being timid, but he only replies: In the crypto world, slow is fast, and clumsiness is stability.

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