At the beginning of 2017, I closed down a restaurant that had lost all its value, clutching the remaining 40,000 in savings. I endured three hard days in front of trading software, ultimately going all in on 3 bitcoins at a price of 12,000 each.

The fluctuations of those two years were crazier than a roller coaster: by the end of 2017, the bull market peak saw my account soar to 500,000, and I placed an overnight order for a necklace I had coveted for half a year; but after the crash in 2018, my balance was only 120,000, and I finally understood that "paper wealth is all a bubble."

2021 was a complete turnaround: I gave up chasing highs and lows, shifted to crypto staking and NFTs, and slowly managed it like growing fruit trees. Over three years, my account steadily climbed to 2,000,000.

After 9 years of ups and downs and stepping into pitfalls, I summarized 3 life-saving risk control rules:

① Capital preservation is always the priority! In my early years, I followed the trend of altcoins, made 8 times profit but ended up with nothing as it went to zero. Now, if I make a profit of 40%, I must withdraw the principal, only using profits for speculation. No matter how severe the pullback, I won’t panic about losing the principal.

② Only earn money that you understand! I observed the DeFi craze throughout because I couldn’t comprehend the mining logic; in 2022, I heavily invested in the ZK track after spending three months digesting dozens of technical documents. White papers, teams, economic models—if any aspect is unclear, I won't touch it.

③ Positioning is more important than timing! 50% in Bitcoin and Ethereum as the core holdings, 25% allocated to Layer 2, 15% for trying new tracks, and 10% cash on standby. No single coin holding should exceed 12%.

In a bull market, everyone is a "master," but the true skill shows in a bear market. I have seen too many players double their contracts one month, only to face liquidation the next.

If you really want to exit with profits, be less greedy in a bull market and stock up in a bear market. Newcomers should first play a simulated account for six months, then enter with idle funds.

9 years of blood and tears: earning steadily is more reliable than making quick profits; not losing is winning! Market conditions are often present, but preserving the principal is key to waiting for opportunities～ @阿二说币 #巨鲸动向 #ETH走势分析 #加密市场观察