Eight Years of Life Exchange Notes: From Selling Houses to Millions, Relying on These Few 'Rudimentary Methods' to Survive as an Old Demon

In 2016, I listed my marital home on 58.com just to make up the deposit, but I still ended up liquidating, and my family of three moved into an urban village. The child asked why there are mice racing at night.

During those years, I relied on borrowing to survive, the poorest I had was three steamed buns dipped in bean paste.

Later, I returned to seven figures, not due to technical tricks, but because I remembered a few 'rudimentary' tactics after the market slapped me in the face:

1️⃣ When the market crashes, if a coin doesn’t fall, someone will support it. Don’t be impulsive and sell randomly; often, there’s a rebound later.

2️⃣ For short-term trading, look at small cycles + daily charts; if it stabilizes, touch it; if it breaks, run away; if it doesn’t rise for three days, you’re probably wrong; cut losses at 5%; turning small mistakes into major losses is foolish.

3️⃣ The real meat is in coins that have fallen deeply for several days + zero sentiment; the rebound usually strikes when everyone says 'let’s wait and see.'

4️⃣ Only follow the leaders, the ones that rise the most and resist falling the most; don’t be afraid of high prices; the cheap ones that no one wants are the real dangers.

5️⃣ Don’t try to catch the bottom of a downtrend; the so-called bottom is just the basement of the eighteen levels of hell; if the trend is wrong, no matter how low the price is, it’s still a trap.

6️⃣ If you’ve made a profit once, be cautious; whether you can repeat it is a matter of life and death; if you’re not sure, stay out of the market; staying out is not shameful, losing money is.

7️⃣ In the first three days of new coins, rely on sentiment; when the tide recedes, the sell-off is faster than diving; after you’ve made your profit, run away; those who linger will be buried.

Remember: consensus will disperse, capital is limited, survive first, and the opportunity will eventually come to you.

Now, before I sleep every night, I silently recite: just being alive is good, making money is a bonus.

Those who can survive in the market and still make money have always been the ones who dare to reach out first.

Are you ready? @bit福多多

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