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Don't remind me again today

Ten years ago, I entered the Crypto Assets market with 100,000; now my account balance has turned into 40 million. Looking back on this journey, the deepest realization is summed up in one sentence: those who have survived to today are not the smart people who stare at 100x coins every day, but the foolish ones who can control their own hands.



At the beginning, I was really terrible. The candlestick chart is like a foreign language to me; every time I buy in, it drops, and as soon as I sell, it shoots up. My account balance looks like a bucket with holes, watching the numbers drop makes me unable to sleep all night.

The turning point was the LUNA crash. I lost a lot of money along with an old senior. That night we went to a street stall for drinks, and after he got drunk, his eyes were bloodshot, and he suddenly blurted out: "This market is just a bunch of retail investors stepping on each other. As long as you stay calmer than them, the money will run into your pocket by itself." I pondered over his words for a full ten years.

During a bull market, everyone in the group is shouting "Hold on! Charge!" But when the day of the crash comes, the speed at which people cut their losses and run is faster than anyone else. The ones who really make money are precisely those who know when to take profits during the madness and when to enter during the panic—essentially, doing the opposite of what most people do. After falling into many traps over the years, I've summarized a few practical methods; they aren't profound, but they work.

**Don't go all in right away.** When the market is quiet, start by using a small amount of money to buy some spot to test the waters. The purpose of the first order is not to make a huge profit, but to keep yourself in the game.

**Hold on during sideways movements.** Grinding at low levels is building strength, while moving sideways at high levels means it's time to sell. I generally accumulate coins slowly at the bottom, and when it rises to high levels, I withdraw in batches.

**Run when it surges crazy, pick it up when it drops badly.** Chasing highs is just giving money to the big players, the real opportunities are hidden when blood is flowing like a river. But catching the bottom also requires looking at the position; blindly catching a falling knife leads to a quicker death.

The most instinctively counterintuitive move: **buy in green candlesticks and sell in red candlesticks.** Seeing a big bullish candlestick makes you eager to chase, while seeing a big bearish candlestick makes you want to escape—this is a human instinctive reaction and the root of losing money. I force myself to calmly analyze the fundamentals during a crash and remind myself not to be greedy during a surge.

There's also a little timing trick: if it drops in the morning, you can buy a bit, and if it rises at noon, you can reduce your position. Although it's not always accurate, the win rate is indeed quite high.

The most important thing is to **stay hands-off**. Don't fumble around when the market is sideways; wait for the market to choose a direction before following. The more you wish to get rich overnight, the easier it is to get liquidated to zero.

Over the years, I have become skilled at high selling and low buying in volatile ranges, following breakout signals, operating with trends, and countering at key levels. From initially being baffled by candlestick charts to now being able to roughly judge trends at a glance, all of this has come from lessons learned through real money.

Finally, I want to say that trading coins is actually about mentality. When the market is up, they hesitate to get in; when it drops, they are afraid to average down; when they make a profit, they are reluctant to exit; when they incur losses, they stubbornly hold on without cutting losses—this is the true state of most people.

In the past, a person was groping in the dark, but now he has finally found a little light.
LUNA-6.02%
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LayerZeroEnjoyervip
· 10h ago
The fool wins a fortune, while the smart ones are still chasing 100x coins. Keeping your hands steady is keeping your life steady; this saying is brilliant. Really, the dream of getting rich overnight is the most expensive. That cup of LUNA is worth 40 million. I have to try the tactic of falling in the morning and rising at noon, but I feel like it's easy to get hurt. You still have to hold on during sideways markets; it's harder than anything else. Buying green and selling red sounds easy, but doing it is really against human nature. In these ten years, he's truly built his experience with hard-earned money. I have a deep understanding of not going all in; after going all in once, I've never done it again.
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ForkMastervip
· 11-30 16:48
Hi, it sounds nice, 40 million over ten years sounds pretty good, but I just want to ask—how is this 40 million calculated, and how much is left in the account now? During the fork arbitrage, there were indeed people who made a fortune, but how many can really hold on to it... My feelings are a bit different from those of the three baby daddies. Over the years, the bear market mining and airdrop arbitrage have actually made my life more stable. The theory of "buying in the green Candlestick" is honestly just betting on probabilities, but you didn’t mention those who got liquidated in the betting protocol. It's right to control your hands, but there should be an auditing awareness too, so you don't get played for suckers by the project party's loopholes. In the end, the insights from that night drinking about LUNA are quite good, but this market now has many more tricks than it did ten years ago. Coming from a white hat background, I now believe that code auditing is more important than all this "mindset theory."
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TokenVelocityvip
· 11-30 16:42
It seems like a story of survivor bias; surviving doesn't mean the system is feasible. "Control your hands" is a valid point, but that figure of 40 million in ten years... how much of it is due to the market? The story about that glass of LUNA is well-crafted, but those who really made money have long since run away; who is still teaching now? Grabbing the knife in the morning and reducing position at noon sounds like hindsight; can anyone achieve this level of accuracy in actual trading? That last line "found a glimmer of light" feels like selling hope to those who come after, so be careful. I've heard this routine too many times, but surviving in a Bear Market is indeed a skill.
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DaoDevelopervip
· 11-30 16:28
ngl the "survive by doing nothing" framing hits different - it's basically the inverse of hyperactive governance models where every protocol tweak needs a vote. the game theory checks out tho: most actors optimize for activity as signal, not outcomes. staying disciplined in sideways markets is harder than any smart contract audit lol
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