# From Underlying Reversal to Financial Freedom: A Real Record of an 8-Year Crypto Investor

I am 33 years old this year and have been rooted in Shenzhen for many years. I own two properties, one of which is rented out, and a performance car that I’ve been driving for several years—don’t be fooled by these appearances; each is the result of repeated choices and persistence in the crypto market.

## The Days of Despair and Insomnia

Initially, I started with only 200,000 yuan. But the crypto market is merciless, and my account quickly dropped below 50,000. That period was truly hell—my pillow would be soaked every night, my hands trembling as I opened trading software multiple times, almost pressing the "sell all" button. But in the end, I chose to tough it out, using a method many considered "rustic and clumsy," which eventually revived my account.

The craziest period was holding a core position for 3 months and achieving a 100x increase, directly reaching the tens of millions level. Sounds like a fairy tale? Behind it were over 2,900 days and nights of trial and error, with countless pitfalls along the way.

## Experiences Gained Through Real Money

**Only Ride the Main Uptrend, Don’t Be a Greedy Hunter**

The market is full of illusions of easy money. I’ve seen too many people shooting in all directions, ending up with nothing and getting cut again. My rule is very strict: focus only on a hot sector, chase only the main rise of leading projects. When a new concept becomes popular, I concentrate on analyzing the logic chain of that sector and the top few targets, digging deep for rebound opportunities. This approach not only captures multiple waves of profit but is also more solid and reliable than spreading out across many targets.

**New Stories Are Always More Valuable Than Old Ones**

Old coins that have fallen to floor prices seem cheap, but in reality, they have long lost their potential for new imagination. The market values "new"—new application scenarios, new community enthusiasm, new narrative frameworks. Relying on so-called "crypto sentimentality" to catch the bag is really not worth it. Targets that have fallen to bargain prices are often abandoned by the market for specific reasons.

**Contracts Are a Double-Edged Sword; Think Carefully Before Moving**

I have indeed made nine figures in contracts, but the number of margin calls is too many to count. It feels like betting on the future with leverage, and the future is always uncertain. If you really want to play: first, never go all-in—this is a strict rule; second, keep leverage within 5x—high leverage is like using a dull knife to cut yourself; third, stop-loss orders must be automatic and instinctive, like breathing. Until you understand the rhythm, this tool is just a self-harvesting sickle.

**The Cycle of the Crypto Market Is a Physical Law; You Cannot Defy It**

Approximately every four years, a major cycle occurs—that’s an iron law. During the end of a bull market, you must fully retreat, especially from all small coins. You will notice an interesting signal: when even the delivery guys downstairs start asking you "which coin can multiply tenfold," that’s a sign of the top. If you’re reluctant to run, the 90% retracement in a bear market will teach you what true hell is.

## Final Words

Eight years may sound like a long time, but in a person’s life, it’s just a few thousand days. During these days, I never dreamed of violating market laws; I simply found my rhythm through cycles, balancing greed and fear. Wealth never falls from the sky; it is accumulated bit by bit through understanding market rhythms and self-discipline.