Wearing a hat backwards, with my phone tossed aside, I occasionally glance at the fluctuating curve, much like watching an old friend's blood pressure – high and low, but still alive.
Five years ago, I was squatting in front of my computer eating instant noodles, my eyes glued to the K-line chart on the screen, my heartbeat faster than the waterfall-like decline. Five years later, at three in the morning, I'm typing on a keyboard on the hotel rooftop, not out of anxiety, but simply because my internal clock hasn't adjusted. In these five years, my greatest achievement isn't how much I've earned, but that I've finally learned to 'survive' in this market.
Many people think making money in the crypto world is easy, just a click on the screen can lead to financial freedom. But only those who have truly experienced it understand that the greatest success isn't getting rich overnight, but being able to keep surviving. I still remember that night of March 12, 2020, when Bitcoin plummeted from $7900 to $3600, how many contract accounts went to zero overnight. At that moment, I understood that being alive is more important than anything else.
Mentality Operating System: The true core competitiveness.
I have seen too many people obsessed with finding 'magical indicators' and 'insider information', only to become 'chives' that get harvested. In fact, those are all 'plugins'; the real underlying system is your 'mentality operating system'.
When I first entered the circle, I was the same. Hearing some big shot call a trade, I blindly followed the trend, and when I saw a surge, I FOMOed into buying high, often ending up buying at the peak. Later I realized that 99% of people come for the money, but most can't withstand the crashes. Those who really make money don’t rely on accurately predicting every fluctuation, but on enduring the loneliness.
My few 'mentality-driven strategies'.
1. Focus on the 'real big brother', don't pay attention to the 'dramatic little brother'.
In the market, there are a few mainstream coins that act like stabilizers; when they sneeze, the whole market catches a cold. As for those small coins that suddenly surge or plummet, they are not opportunities; they are suspenseful plots written by screenwriters, and ordinary people should avoid getting involved.
I have seen many people invest their tuition and living expenses, even opening 3x leverage to go all in, only to be forcibly liquidated. This is all because they chased the 'hot spots' they shouldn’t have. True believers study the underlying technology and intrinsic logic, holding one or two core coins for the long term.
2. Left hand 'shield', right hand 'spear'.
When the market is hot, remember to secretly stash some 'ballast'; when the market is cold, save some bullets for picking up bargains. Never spend all your passion at once; keep some energy to deal with sudden power outages.
Risk management may sound unsexy, but it is the pillar of successful trading. My experience is: position size, stop-loss, and risk-reward ratio are the foundation for survival in the cryptocurrency market. Do you want ten small victories or endure one catastrophic defeat that wipes out your account?
3. There are three 'heartbeat moments' every day.
12 AM to 1 AM: The market likes to 'act up'; set a conditional order before bed, like leaving a jar by the roadside—when you wake up, there might be a surprise (or a scare).
6 AM to 8 AM: If it dropped in the first half of the night, it might drop in these two hours too—don't be scared, it might be breakfast on discount; if it rose in the first half of the night, it might rise in these two hours—consider locking in profits.
After 5 PM: Brothers across the ocean wake up, and with a little shake of their hands, our screens can shake for three minutes—at this point, don’t leave your sofa.
One of the hardest lessons I learned is: never trade when exhausted. When you’re worn out, your brain takes shortcuts, and these shortcuts often lead directly to wrong decisions.
4. Don't believe in 'lunar calendar trading'.
Things like 'prices must rise at the beginning of the month' and 'must fall on Fridays' are all stories. The market only recognizes two things: funds and emotions; everything else is just a side dish.
The biggest illusion in the crypto world is thinking there is a surefire rule. The market doesn’t owe you new highs and doesn’t care about your persistence. Most so-called 'analysts' who claim to predict trends are mostly unreliable; they use the guise of trading signals to profit from your losses.
Bear Market: The best learning opportunity.
When the market is sluggish, many people panic sell, but this is usually the worst thing to do. In fact, bear markets are the best learning times.
When the market quiets down, that's when you can truly focus on researching the underlying technology of projects and understanding the essence of blockchain. Many people follow the trend and invest randomly in bull markets, while in bear markets they cut losses and leave, forever trapped in the cycle of chasing highs and cutting losses. Truly smart investors will use this time to accumulate knowledge and prepare for the next cycle.
Survive to see tomorrow's sun.
In these five years, I moved from anxiety to peace, from insomnia to waking naturally, not because I won against the market, but because I finally learned to 'buckle my seatbelt in the storm'.
'At my peak, I had gains equivalent to 60 years of salary!' A seasoned trader lamented. But more importantly, he survived multiple market shocks, relying not on luck, but on discipline and risk management.
One day in the crypto world equals a year in the human world. In this 7x24 hour uninterrupted trading market with no price limits, surviving is victory. I remember a trader who rebuilt after liquidation said: The first step to rebuilding is not doubling your capital, but stabilizing it.
Conclusion
In five years, I understood that in this market, living longer is far more attractive than making quick profits. This is not an investment advice, but a survivor's notes. I hope you can find your own rhythm in it and find your own way to survive in this crazy world.
After all, only by surviving do you qualify to enjoy the next round of dividends. Follow Xiang Ge to learn more first-hand information and precise points in the crypto world, becoming your guide in the crypto space; learning is your greatest wealth!#巨鲸动向 #加密市场观察 $ETH
