Three years ago, I invested 20,000 yuan in pocket money into crypto, and lost almost everything in less than half a year. Three years later, with the same principal amount, I achieved financial freedom. This isn't some comeback story—to put it bluntly, it's built on hard lessons paid for in blood and tears.
The toughest period was spring 2023. Watching my account dwindle to just 3,800 yuan left me questioning everything. Friends who came in with me had already bailed, but I didn't give up. Instead, I figured something out—the problem wasn't the market, it was me.
From that point on, I set myself a few rules. These rules are pretty basic, but every single one was bought with real money through painful lessons.
**First: Diversifying capital is a lifeline**
I split my principal into five portions and only move one at a time. If losses exceed 10%, I cut positions—no regrets even if it rebounds immediately after. This discipline alone saved me during the 2024 MEME coin massacre. A coin I was bullish on dropped 30% in two days; I cut it as planned. A week later, it ultimately fell 70%. In crypto, just surviving is already winning.
One important detail: when profits hit 10%, I withdraw the entire principal first and let only the gains continue playing in the market. That way, even if your judgment fails later, you're playing with the market's money, and your mindset is completely different.
**Second: Follow the trend, not your feelings**
I used to be a fanatic bottom-fisher, always buying halfway down. Later I realized: catching falling knives during crashes isn't buying the bottom—it's suicide. Real entry opportunities come from pullbacks after rallies.
Trending judgment is actually simple: if daily candles stay above the 20-day moving average, consider going long; otherwise, observe. Many think it's too basic, but simple rules are exactly what's hardest to stick with.
Three years ago, I invested 20,000 yuan in pocket money into crypto, and lost almost everything in less than half a year. Three years later, with the same principal amount, I achieved financial freedom. This isn't some comeback story—to put it bluntly, it's built on hard lessons paid for in blood and tears.
The toughest period was spring 2023. Watching my account dwindle to just 3,800 yuan left me questioning everything. Friends who came in with me had already bailed, but I didn't give up. Instead, I figured something out—the problem wasn't the market, it was me.
From that point on, I set myself a few rules. These rules are pretty basic, but every single one was bought with real money through painful lessons.
**First: Diversifying capital is a lifeline**
I split my principal into five portions and only move one at a time. If losses exceed 10%, I cut positions—no regrets even if it rebounds immediately after. This discipline alone saved me during the 2024 MEME coin massacre. A coin I was bullish on dropped 30% in two days; I cut it as planned. A week later, it ultimately fell 70%. In crypto, just surviving is already winning.
One important detail: when profits hit 10%, I withdraw the entire principal first and let only the gains continue playing in the market. That way, even if your judgment fails later, you're playing with the market's money, and your mindset is completely different.
**Second: Follow the trend, not your feelings**
I used to be a fanatic bottom-fisher, always buying halfway down. Later I realized: catching falling knives during crashes isn't buying the bottom—it's suicide. Real entry opportunities come from pullbacks after rallies.
Trending judgment is actually simple: if daily candles stay above the 20-day moving average, consider going long; otherwise, observe. Many think it's too basic, but simple rules are exactly what's hardest to stick with.