On the day my friend ran away, I squatted at the entrance of his company, my hand trembling fiercely while holding the IOU. The security guard said, 'He ran away last week, owes the boss 100,000 and said he wanted to bottom out and recover his losses,' and my mind buzzed—40,000 gone, and I still had the 30,000 I just borrowed from my sister, originally planning to supplement the 'institutional predetermined coin' my friend bragged about... Looking back now, I was truly blinded by greed.
Later I figured it out: the most deceptive thing in the crypto world isn't market fluctuations, but human nature. Those who pound their chests and say 'guaranteed profit' are either foolish or malicious. Today I'll share three simple methods I've summarized from my experiences in the pits, without needing to understand K lines or touch contracts, relying purely on discipline to survive, and even made 80,000 back. Newbies can just follow along, and veterans can also avoid pitfalls.
1. Choose coins: trust the platform, not the 'experts.'
In the past, when friends recommended a coin, I would rush in without even reading the white paper, and ended up losing on altcoins. Now I only recognize two hard indicators:
Whether it is listed on mainstream platforms: for example, Bitcoin and Ethereum, if it can be bought on major exchanges like Binance and OKX, at least the team hasn't run away, and the code is open source.
Circulation over 100 million: those 'small coins' with a circulation of only a few thousand can be manipulated easily by the whales, and retail investors are merely delivering food.
My personal standard: only buy the top 20 coins by market cap, and consider new coins only after they have been active on the three major exchanges for half a year. Don't be afraid of being slow; surviving in the crypto world is more important than making quick money.
2. Allocate funds: the 352 rule, control your greed.
Once I bet my entire portfolio on a coin, and when it dropped 20%, I panicked. Now I've learned my lesson and strictly divide my spare cash into three parts:
50% for 'ballast': only invest in Bitcoin and Ethereum. These two may rise slowly, but they are resilient during crashes and can help you recover.
30% testing the waters: invest in promising new projects, but not more than 10% of this portion at a time. Losing it won't hurt much, and if I make a profit, consider it a bonus.
20% cash reserve: waiting for a major drop to buy the dip. Last year Bitcoin dropped 40%, and after I added to my position, it rebounded and I made an extra 30%—opportunities are reserved for those who still have money.
3. Beware of scams: check news from two sources; hesitating can be fatal.
There are ten times more rumors in the crypto world than real news! Now when I see 'coming soon to major exchanges' or 'certain institutions making strategic investments,' I do two things first:
Check the official website/twitter: see if the project has made any announcements. Many fake messages even have incorrect logos.
Check the exchange announcements: go to the announcement sections of Binance and OKX to search for the coin name. No official confirmation? Treat it as nonsense.
Last time a coin claimed 'will be listed on Binance next week,' I checked the official twitter and found it quiet, with no movement from the platform, so I wisely stayed away. A week later it plummeted 90%—a step behind saved me from a 90% loss.
In conclusion: the highest level of skill in the crypto world is being 'not smart.'
I have seen people fainting while staring at K-lines at 3 AM, and I have seen those who went bankrupt due to leveraged trading. But the ones who truly survive are the 'lazy' ones: they choose mainstream coins, diversify their holdings, and verify news. It sounds technically unchallenging, but it is precisely these simple efforts that create a gap between them and the inexperienced investors.
If you're also confused about losses now, try these three tricks: get rid of the 'get rich quick' mindset, protect your capital, and wait for the wind to come. The crypto world is never short of opportunities; it just lacks those who can survive until the opportunities appear. Follow Xiang Ge to learn more first-hand information and crypto knowledge to become your guide in the crypto world; learning is your greatest wealth!#加密市场反弹 #美联储降息 $ETH
