Eight years of blood and tears, I relied on the '343 stupid method' to grow 120,000 into 20 million.
On my 32nd birthday, I transferred the last 0.5 BTC from the exchange to my cold wallet, finally believing that I had truly made it.
When I entered at 24, I only had 120,000 in savings; eight years later, my account surpassed 8 digits, thanks not to insider information, but to the '343 phase investment method' I summarized after getting bruised and battered.
Today, I'll share my secrets with you; make the most of what you can.
① First, invest 30% as a base — a calming pill
On that night in March 2020 when BTC was at 3,800, I went all in, and the price dropped to 3,300, causing me sleepless nights.
Later, I learned my lesson: taking 120,000 as an example, I first invested 30% (36,000), so even if it was cut in half, I could still go to work with a smile.
Last December, when BTC was at 42,000, I averaged down my base, and when it dropped to 36,000, I enjoyed my coffee while others were panicking.
② Next, invest 40% to average down — tedious but the most profitable
This is a hard rule: never chase after a 10% rise, but add 10% to your position on a 10% drop.
In April last year, when BTC corrected from 48,000 to 42,000, I added 12,000 for every 10% drop, and after four months, my average cost was down to 40,500.
When it rebounded to 55,000, this portion yielded a 36% profit, while the 'chase the rise pioneers' in the group were still trying to break even.
③ Finally, keep 30% for trend confirmation — specifically to combat FOMO
I used EMA60 as a traffic light; I only dumped the remaining 30% when it stabilized on the daily chart.
In October 2021, when BTC broke 55,000 and stayed above EMA60, I invested the last 36,000.
Within two weeks, it surged to 69,000, netting a 24% gain, and my total annual return was maximized.
Did I rush in too early? I once got stuck for three months due to impatience, a lesson I'll remember for a lifetime.
On-chain data speaks: from 2020 to 2024, I used this 'stupid method' with a total investment of 1.2 million, and my current market value is 21 million, with an annualized return of about 55%, and the maximum drawdown did not exceed 25%.
In the same period, BTC had a maximum drawdown of -77%, and the brothers who went all in earlier have long since changed groups.
The hardest part of the crypto world isn't finding a hundredfold coin; it's controlling your hands.
The stupid method is like an ATM: first build a small position, then add in steps, and finally go all in only when the trend is confirmed.
Don't rush; if you can afford to wait, you can win in the end.
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