At the age of 32, I had been struggling in the crypto world for a full 8 years, my hairline had receded several centimeters, but the numbers in my account had stubbornly increased by 7 zeros.
Don't flatter me. To put it simply, I've stepped into enough pits and finally filled all these pits to build my own wall.
In the winter of 2020, I curled up in a shared apartment in a village within the city of Guangzhou. The sound of arguments from the next room rose and fell, and I could only plug my ears and stare at the screen. At that time, BTC had dropped to 18,000, and I was tightly holding onto 120,000 yuan, with anxiety almost spilling over in my heart—afraid that a careless mistake would lead to a margin call.
I really have no choice, so I made a strict rule for myself: use 30% to test the waters, keep 40% to wait for opportunities to add to my position, and lock in the remaining 30% for profits.
With this seemingly ordinary "343" strategy, I was pulled from that damp rental apartment into a suite in a five-star hotel.
**Let's talk about this initial step.** I threw 36,000 into BTC, set my stop-loss, and went to sleep. The next day, when I opened my eyes, the market had risen by 8 points, and my friend laughed at me for being too conservative and not following the trend. I immediately went downstairs to have a bowl of wonton noodles for 12 yuan—it's most important to stay alive in the crypto world, to learn the lessons of losing money solidly; everything else is secondary.
**Let's take a look at this additional investment phase.** When BTC adjusted to 15,000, I set a strict rule: for every 10% drop, I would increase my position by 10%. Just like chasing a girl, I did what I said. I did this a total of four times, and in the end, I managed to reduce my holding cost down to 13,000. During that time, I rode my electric bike to deliver food during the day and stayed up late at night watching the K-line. My seat was stolen three times, but the coins in my account kept increasing day by day.
**Lastly, it's the art of holding.** BTC finally broke the previous high, and I poured in the remaining 36,000, then directly closed all the apps and bought a plane ticket to Yunnan. I rented a small homestay for 800 a month and spent every day sunbathing by Erhai Lake. Three months later, BTC soared to 42,000, and my account finally broke 8 digits for the first time. I was so excited that I opened a bottle of 2,000 champagne to celebrate by the sea, but ended up throwing it all up due to altitude sickness.
Don't think this is just luck. To be honest, what really changed me was this "343" strategy—it splits greed into three parts and locks fear in a cabinet.
The hotel room rate I stay at every day is 2000, not to show off, but to constantly remind myself of the hardships I've endured. In the past, I used to stumble in the dark alone, but now I hold a lamp in my hand.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
9
Repost
Share
Comment
0/400
InfraVibes
· 2h ago
The 343 strategy is indeed unbeatable; the key is discipline. I was also messing around back then.
View OriginalReply0
WhaleWatcher
· 16h ago
The 343 style of play is indeed absolute, but to be honest, the most important thing is mentality, and many people know this logic but can't implement it
Insist on not buying at the bottom? That set of theories sounds cool, but there are many people who have a collapse of mentality when they practice it
From 10,008 to 40,002, what a strong psychological quality, a retail investor like me can't stand it at all
But this story is a bit too perfect, just made up four times, just pulled to 10,000 3, just waited until 40,000 2... Why is the probability so good?
The hairline is inversely proportional to the income, and the currency circle is really sucking blood haha
Isn't this the result of sticking to discipline, but the problem is that 99% of people start to waver after two weeks of not sticking to it
View OriginalReply0
ponzi_poet
· 12-22 13:50
The story of selling is true, and 343 is also true, but the people who really make money never talk about this online...
View OriginalReply0
ApeWithNoChain
· 12-22 13:46
This 343 strategy is indeed amazing, but the key is to endure those days of ordering takeout and delivering parcels.
View OriginalReply0
SighingCashier
· 12-22 13:38
343 is really amazing, but that 2000 yuan hotel room fee is a bit of a prank...
View OriginalReply0
DegenWhisperer
· 12-22 13:33
Bro, this 343 strategy is really amazing. I just couldn't help myself and went all in, and now I'm still eating instant noodles.
View OriginalReply0
MetaMasked
· 12-22 13:32
343 this trap is basically psychology, greed disperses fear in order to live long.
View OriginalReply0
BlockchainBard
· 12-22 13:29
The 343 strategy sounds good, but can this guy really say he hasn’t stepped on the landmine of dropping to zero?
Changing a hairline for a million is definitely worth it, I want to give it a try too.
This is how it is in the crypto world, success stories are all in the survivor bias.
Damn, watching the rise while soaking up the sun in Yunnan, I want to live this life too.
To be honest, holding on is harder than doubling up, that’s true.
2000 yuan hotel fee as a reminder... it’s a kind of romance after winning big.
The key is that he didn’t mention what mindset got him through those four Margin Replenishments.
The delivery segment is the real story, the rest is all hindsight.
I’ve noted down the part about dividing fear into three parts, simple and straightforward is the best.
Everyone wants to hear about comebacks, but what really changes isn’t the strategy, it’s luck.
View OriginalReply0
MiningDisasterSurvivor
· 12-22 13:26
The 343 strategy, to put it simply, is about managing human greed and fear separately. It sounds easy, but it's harder than climbing to the sky.
I've been through it; how many people died in that wave of mine disasters in 2018? Then in 2020, another batch of suckers and gamblers dreamt of getting rich overnight, but they still couldn't escape being played for suckers by the funding schemes. This guy survived, which is great, but don't let this story brainwash you—there's a huge element of luck involved.
To be honest, from urban villages to five-star hotels, the process looks good on paper, but the market doesn't always cooperate with your plans. Let's see if he can remain so calm when the next bear market comes.
At the age of 32, I had been struggling in the crypto world for a full 8 years, my hairline had receded several centimeters, but the numbers in my account had stubbornly increased by 7 zeros.
Don't flatter me. To put it simply, I've stepped into enough pits and finally filled all these pits to build my own wall.
In the winter of 2020, I curled up in a shared apartment in a village within the city of Guangzhou. The sound of arguments from the next room rose and fell, and I could only plug my ears and stare at the screen. At that time, BTC had dropped to 18,000, and I was tightly holding onto 120,000 yuan, with anxiety almost spilling over in my heart—afraid that a careless mistake would lead to a margin call.
I really have no choice, so I made a strict rule for myself: use 30% to test the waters, keep 40% to wait for opportunities to add to my position, and lock in the remaining 30% for profits.
With this seemingly ordinary "343" strategy, I was pulled from that damp rental apartment into a suite in a five-star hotel.
**Let's talk about this initial step.** I threw 36,000 into BTC, set my stop-loss, and went to sleep. The next day, when I opened my eyes, the market had risen by 8 points, and my friend laughed at me for being too conservative and not following the trend. I immediately went downstairs to have a bowl of wonton noodles for 12 yuan—it's most important to stay alive in the crypto world, to learn the lessons of losing money solidly; everything else is secondary.
**Let's take a look at this additional investment phase.** When BTC adjusted to 15,000, I set a strict rule: for every 10% drop, I would increase my position by 10%. Just like chasing a girl, I did what I said. I did this a total of four times, and in the end, I managed to reduce my holding cost down to 13,000. During that time, I rode my electric bike to deliver food during the day and stayed up late at night watching the K-line. My seat was stolen three times, but the coins in my account kept increasing day by day.
**Lastly, it's the art of holding.** BTC finally broke the previous high, and I poured in the remaining 36,000, then directly closed all the apps and bought a plane ticket to Yunnan. I rented a small homestay for 800 a month and spent every day sunbathing by Erhai Lake. Three months later, BTC soared to 42,000, and my account finally broke 8 digits for the first time. I was so excited that I opened a bottle of 2,000 champagne to celebrate by the sea, but ended up throwing it all up due to altitude sickness.
Don't think this is just luck. To be honest, what really changed me was this "343" strategy—it splits greed into three parts and locks fear in a cabinet.
The hotel room rate I stay at every day is 2000, not to show off, but to constantly remind myself of the hardships I've endured. In the past, I used to stumble in the dark alone, but now I hold a lamp in my hand.