2026-01-13 12:22:20

Having been in the crypto world for 8 years, from liquidation to turnaround, I have tasted all the ups and downs along the way. Now 36 years old, based in Guangdong, I own 3 apartments and a sports car, all accumulated bit by bit in the crypto space.

Speaking of my original intention, I started with 50,000 USDT and almost lost it all. During that time, I couldn’t sleep at night and almost quit the industry. Later, I grit my teeth and borrowed another 30,000 USDT from a friend to try again, and only then did I gradually realize a truth — the dumbest method is often the most effective.

After 8 years, I finally found the way. I once caught a wave with a core position and earned up to 200 times returns, with hundreds of thousands in profits. These lessons, bought with blood and tears, I want to share with you today to help you avoid some detours.

**First, the bull market is not about picking up coins.** Don’t always chase the hype. My approach is simple — lock onto a track, thoroughly understand the leading coins and the ones catching up, follow a complete market cycle, and choosing the right sectors will naturally double your gains. Greedy people tend to die the fastest.

**Second, prioritize new coins when choosing tokens.** Old coins, no matter how cheap, rarely have a chance to rise. The market only eats new stories and new expectations. Getting stuck in "old coin sentiment" is like bleeding yourself; don’t let sentiment become a killer of your wallet.

**Regarding futures trading, my advice is to be cautious.** I’ve made money with futures before, but I’ve also blown up quite a few times. Now I mainly do spot trading. If you must trade futures, set stop-losses, don’t use full leverage, and keep leverage at most 5x — high leverage is a fire pit.

**The last point is crucial — follow the cycle and cash out at the end of the bull market.** The crypto cycle lasts about 4 years. Before the peak of a bull market, you must clear out altcoins. When you see everyone asking "which coin can multiply tenfold," that’s a sign to exit. A 90% retracement in a bear market is enough to swallow all profits.

The crypto world is never short of opportunities; what’s missing are those who can endure until the end. Only by holding on until the finish line can you seize the truly belonging opportunities.

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BrokenDAO

· 01-16 11:30

Listen, I've heard this set of talking points too many times. Claims of 200x returns, cycle theories, spoken of as if they are ironclad rules—it's actually just survivor bias wrapped in a shiny shell. The real issue is—this "mechanism" doesn't work at all for 99% of people, and the incentive structure has long been distorted.

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MerkleDreamer

· 01-16 03:35

8 years, 200x sounds great, but how many people can actually follow his method and survive until the bear market?

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StakeWhisperer

· 01-13 12:52

I really thought about quitting the scene completely during the liquidation A 200x return sounds exciting, but I still can't trust these stories I somewhat agree with the obsession with new coins; old coins really lack imagination Regarding contracts, you're right. I only understood after experiencing a few liquidations The key is the 90% retracement in a bear market—who can withstand that? After 8 years of learning the ropes, it sounds easy, but it's actually a blood, sweat, and tears journey Everyone asks if it's time to cash out when the investment has multiplied tenfold; this signal is spot on But with 3 houses and a sports car... how much tax would that entail? The core position strategy sounds simple; sticking to it is the real challenge Choosing a track rather than a coin—I'd like to learn this logic

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PermabullPete

· 01-13 12:41

A 200x return sounds great, but I'm more curious about how you managed to get through those sleepless nights... Honestly, most people can't last even 8 years.

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ser_ngmi

· 01-13 12:31

Damn, this guy's story is pretty intense. I really respect the part about borrowing money and starting over. But about the 200x... let's just listen to that. The key is still that one sentence — only those who endure until the end will win. Too many people around me have died because of greed. The signal to clear out is spot on; everyone asks when to sell after a tenfold increase. It's more effective than any technical indicator. Exactly, new coins have more room for imagination; old coins are just wasting time. The suggestion of 5x leverage on contracts is still reliable. I was burned by high leverage before.

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IronHeadMiner

· 01-13 12:28

200x returns sound great, but I really want to know how those few liquidation events happened... --- Contract traders all say the same, in the end, it's still about dying on leverage, truly --- The key is to stay alive; if you die, everything else is useless --- The story of new coins sounds good, but it's always retail investors who end up taking the hit --- I agree with clearing out at the end of a bull market, but executing it is really difficult --- 8 years and 3 houses, how much of that is luck haha --- This core holding is indeed stable, but it takes a lot of mental strength to hold on --- Blooding out due to old coin sentiment? I feel like new coins are even riskier --- I've heard too many cycle theories, but very few can accurately predict the turns --- Setting stop-losses properly is crucial, but most people are reluctant to cut when the time comes

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