In the summer of 2015, I converted the fifty thousand I had saved for a car into Bitcoin, at three hundred dollars each.

Two years later, that money grew to two million. I opened a bottle of champagne on the hotel balcony, feeling invincible.

But in the winter of 2018, my account shrank to one hundred eighty thousand. That bottle of champagne is still on the bookshelf, and I no longer have enough money to stay at that hotel.

In these ten years, I lost more money than I made. The few lessons I've learned are all hard-earned:

1. Only earn what you understand

I once lost three hundred thousand in a night because I chased a project I didn't understand, fearing I would miss out. Since then, I only engage with things I truly understand.

2. Position size is life

Now my money is divided into three parts: sixty percent in mainstream coins, thirty percent for safe arbitrage, and the remaining ten percent I wouldn't mind losing.

3. Stay away from leverage

After the liquidation in 2017, I deleted all contract trading software. This isn't about being timid; it's about understanding that living gives you opportunities.

4. Trust the code, not the stories

Instead of listening to others analyze, it's better to check the project records yourself. In 2021, I discovered internal strife within a coin's team ahead of time, avoiding a subsequent 70% drop.

Now I no longer pursue quick riches; I just want to earn steadily each year. The most important lesson the market has taught me is: quick money comes fast but leaves even faster; real wealth takes time and patience.

There are no geniuses in this field, just ordinary people who survive. Don't be misled by stories of overnight wealth; find your own rhythm, and you can protect your capital.

The road is still long, and I will hold the light—will you follow? @顶级带单飞哥