#数字货币市场回调 has been in Shanghai for seven years, and now I have a trap self-owned house, two rental properties, and I've also bought that car I always wanted. These didn't just fall from the sky; I started with 200,000 in funds and gradually earned it in the crypto market.

At the worst times, the account was left with more than 40,000, and I couldn't sleep for several months. But I didn't completely give up; by reviewing my trading records with this clumsy method, I gradually built the account up to eight figures. There was indeed a fierce market wave in between, which increased nearly three hundred times in three months, directly breaking through ten million. This was achieved through almost three thousand days and nights of trial and error, and every piece of experience came at a cost.

A few blood and tears lessons:

A bull market does not equal making money without thinking. I have seen too many people wanting to dabble in everything, stuffing DeFi, NFTs, and Layer 2 all into one basket, and in the end, they all get trapped. I only do one thing—focus on one track and catch the main uptrend. When a new hotspot arises, thoroughly research the leading and following assets, getting it right just once is enough.

Buying coins only looks at new stories. Don't expect those old coins that have fallen to the ground to return to their peaks. The market always chases new narratives and new expectations; sentiment cannot be relied on for survival, only rationality can save you.

Contracts are a double-edged sword. I have made eight figures with it and have also been liquidated countless times. If you're going to engage, remember three points: never be fully invested, keep leverage within 5 times, and set stop-losses without hesitation. Any sense of luck is poison.

The most important factor is the cycle. This pattern of a four-year cycle has basically never changed. At the end of a bull market, it's essential to clear out the altcoins; when you notice that everyone around you is discussing which coin can double, that's when the top has been reached. If you don't sell, a 90% drawdown in a bear market will take you back to square one.

I have no insider information or background, and I've survived until now purely through hard work. If you want to survive in this market for the long term, don't think about getting rich quickly; first, ask yourself if you can withstand your account being halved without losing your composure. Most people are not unmotivated; they lack a methodology that can be verified.