During that period in November 2022, the entire market was in deep correction. Many cryptocurrencies fell over 90% from their all-time highs, and investors' mindsets also collapsed. I was left with only 30,000 yuan in my account, watching as I was about to be completely退出 the crypto space. But I didn't follow the trend and cut my losses; instead, I spent two weeks doing asset screening, and ultimately turned things around with a severely undervalued project—now my account has stabilized around 2 million.

Many people later asked me how I did it. Honestly, achieving this result wasn't about choosing the right coin, but about using the correct risk management methods. That's also the core topic I want to discuss—90% of bottom-fishers fail mainly because of a lack of risk awareness.

**My screening criteria look like this**

At that time, the market was very tempting. Every day, there were coins crashing wildly, seeming like they were wrongly killed. But my logic was: cheap doesn't necessarily mean rational. I first eliminated projects without practical application scenarios, relying solely on concepts. Then I focused on three dimensions: whether the project team has successful experience, whether information is transparent and公开; whether there is持续的 discussion and技术更新 in the community, even in a bad market, it can't be断；and finally, I looked at the circulating supply structure—it's safer if concentrated among long-term holders, while大量散户抛压盘 indicates risk.

In the end, I locked onto a project focused on Web3 infrastructure. It had fallen 92% from its all-time high, with a total market cap of only around 500 million. More importantly, the circulating tokens were mainly held by long-term holders and生态建设者, with no筹码 for dumping.

**Gradual position building**

This is the most important part of execution. I didn't go all-in at once but divided it into four stages:

The first stage used 30% of the funds to enter, then I paused to observe. After three days, the price didn't continue to drop; instead, it showed a slight rebound—this gave me confidence. The second time, I added another 25%. After waiting a week, the project team announced new技术进展, indicating they were still认真做事. I added another 25%. The remaining 20% of funds I kept as a最后的安全垫.

The entire position-building process took about three weeks. Each decision had a time buffer, leaving room for退出 at each step. In short, this is about using time to换取安全.

**What happened later is well known**

Starting from 2023, this coin gradually启动. By this year, from the bottom, it has already gained more than ten倍的收益. My account grew from 30,000 to 2 million, but more importantly, I survived. Many people ask me "which coin," but I usually don't say directly because that's not the重点. The重点 is the method—how to survive in a bear market, how to抄底科学地, and how not to get stuck.

If you're also considering布局 at low levels, remember these points: don't追求一蹴而就, use分批建仓 to eliminate心理波动; avoid projects without基本面支撑; always leave some机动资金 for yourself. Avoiding three years of detours starts with these细节.