37 years old, from Fujian, now settled in Hangzhou. I have three properties in hand - one for my own residence, one for my parents' retirement, and one that generates rental income every month.

You might think I am the kind of person who is born lucky. In fact, that’s not the case. Eight years ago, I entered this circle with 180,000, and at my lowest point, I only had 50,000 left in my account. Those days, I really stayed awake until dawn every night.

The method I used might make me the subject of ridicule because it's too silly. But it was this "silly method" that helped me climb out from rock bottom, and my assets soared to the tens of millions. The most impressive market wave lasted three months, and the principal directly multiplied by 100 times, turning my account balance into an 8-digit number.

This is not a legendary story, but rather lessons learned from 2900 days of struggle. Today, I want to discuss a few hard truths that can help you save years of tuition if you understand them:

**A bull market is never a land of gold**
I've seen too many people around me who can't resist buying every coin when a bull market comes, only to end up with a hand full of trapped garbage. My strategy is very simple and straightforward: focus on one track and only profit from the main upward segment. For example, when a new concept suddenly becomes popular, I specifically study the leading coins in this field and the ones that follow in price. If I can pinpoint one, that wave of profit is enough to satisfy me.

**New coins and old coins, the choice is actually very clear**
Most of those old coins that have plummeted badly and look cheap are traps. The market always seeks freshness – new stories, new expectations, new hype points. Don't let so-called "sentiment" empty your wallet.

**Think clearly before touching this thing called a contract**
I have also traded contracts, and at my peak, I did earn a seven-figure sum, but I lost track of how many times I got liquidated. If you really want to try it: never fully fill your position, don’t use leverage over 5x, and make stop-losses as instinctive as a reflex.

**The cycle is the iron law of this market**
The cryptocurrency market basically goes through a major cycle every four years. At the end of a bull market, you must clear out all altcoins! When you see delivery drivers starting to ask, "Which coin can multiply ten times?" congratulations, you've reached the top. If you're reluctant to sell, the upcoming bear market will show you what a hellish mode with a 90% asset drawdown looks like.

I have seen too many people who enjoyed a whole year during the bull market, but when the bear market came, they were brought back to reality in just three months. I have no special talent and no insider information; I have survived until now just by relying on these few "foolish" rules, and I live better than many who think they are smart.

So don't always think about "which coin can make you rich." First, ask yourself: when the asset drops by 90%, can you still hold on and survive?

The cryptocurrency market is never short of opportunities. What is lacking are those who can endure until the next spring. Market trends will recur, but your capital and chances for a turnaround may only come a few times.