#数字货币市场洞察 That operation back in 2016 still feels crazy when I think about it—I took the 80,000 yuan I had saved for the down payment on a wedding apartment and went all-in on Bitcoin at $450. 💸



When my parents found out, they nearly disowned me. But one afternoon a year later, as I was scrolling through my phone in a rented apartment in Chiang Mai, I saw my account balance jump to 2.3 million yuan and was completely stunned. It felt like winning the lottery, floating on air, thinking I had caught the wave of the era.

But bear markets never give you a heads-up. 🌪️ Starting at the end of 2016, my account balance deflated like a leaky balloon, dropping from 2.3 million all the way down to 220,000... I sat in that cramped little room, staring at candlestick charts every day, having to scrimp even on rent. The cicadas outside wouldn’t stop chirping, and that’s when I truly understood: it’s easy to ride the wave, but you only realize how painful the fall is after you’ve crashed.

After countless liquidations and getting rekt, I set four hard rules for myself:

🚫 First, only touch what I understand. Back then, I heard that metaverse land could skyrocket, and rushed in without even getting the basic logic. Lost 220,000 in a week. That taught me one thing: you simply can’t make money outside your knowledge zone.

📊 Second, allocate positions wisely. Now I put half my funds in mainstream coins like Bitcoin and Ethereum, 30% in cross-platform arbitrage, and keep the remaining 20% as an emergency reserve. When ETH dropped to 1200 last year, it was this backup fund that let me buy the dip and catch the rebound.

⚖️ Third, never touch leverage. I’ll never forget that night I went all-in on contracts and got liquidated—went to zero overnight. After that, I disabled the contract feature on all exchanges. Leverage isn’t a tool to amplify gains—it’s a meat grinder for your principal.

🧠 Fourth, independently verify information. Those signal groups and influencer recommendations? Total traps for newbies. Now I only look at on-chain data and project whitepapers. Before FTX blew up in 2022, I checked their reserves, realized something was wrong, and pulled my funds out in advance—dodging that disaster.

Now, I no longer chase overnight riches. I’m happy with a stable 20% annual return—this year I’ve hit 18% so far 📈. In this space, surviving is more important than anything else.

A lot of people aren’t lacking in effort, just clarity. Market opportunities are always there; the key is finding the right direction. $BTC $ETH
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GateUser-75ee51e7vip
· 12-04 06:50
Honestly, leverage is just a tool for cutting down retail investors.
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LeekCuttervip
· 12-04 06:50
Here we go again, I've heard this too many times, man.
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ImaginaryWhalevip
· 12-04 06:38
Damn, is this story real? Dropping from 2.3 million to 220,000 would make me depressed. I just want to ask how things are now. Are you still sticking to those four rules? Leverage really is a meat grinder—learned that the hard way. Sounds nice, but when will the market actually recover? That part about this guy renting a place in Chiang Mai really hit me. You really can't make money beyond your level of understanding. Painful. More important than making money is just staying alive—those words really sting. Yet another survivor bias story. That FTX episode really required sharp eyes, respect.
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AirdropF5Brovip
· 12-04 06:36
Damn, this story sounds a bit familiar. That Chiang Mai part was really something. I totally get the leverage thing—I got wrecked pretty badly myself. The "contract meat grinder" analogy is spot on, man, way too real. Signal groups are all trash. I blocked those scammers a long time ago. That FTX incident really showed your sharp instincts—good thing you got out early. A steady 20% return is still pretty aggressive. I just hope not to lose money. Money outside your circle of competence is untouchable. I got burned by the metaverse hype too. Now I’m just lying low with mainstream coins, everything else is just noise. The dream of getting rich overnight is long gone—just surviving is a win.
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DefiPlaybookvip
· 12-04 06:22
To be honest, the last sentence is the core—surviving is much more important than making quick money. This guy's experience is kind of similar, just a bit less crazy than we were back then, haha. But I'm a bit curious about that arbitrage part—how do you control impermanent loss across platforms? --- That part about leverage really hits home. Several of my friends went to zero that way; it's truly a meat grinder. --- Going all-in with 80,000 at 450 during that wave—looking back now, it was definitely crazy, but maybe it was that craziness that brought later clarity. --- Judging authenticity through on-chain data is brilliant. The FTX incident really taught a lot of people a lesson. --- Even with a 20% annualized return, you still feel the pressure. In this market, just surviving means you've already won half the battle. --- Losing 220,000 in the metaverse part just reminds me of all those rug-pull projects. Your mindset really is the ceiling for making money. --- I'm taking away the lesson on reasonable position sizing—saves me from being lured in by arbitrage APYs again.
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