There is a classic story in the crypto world: ten years ago, investing 100,000 yuan, by the end of the year Bitcoin had increased a hundredfold, turning assets into millions. Then this person went from millions to hundreds of billions. Some gave him various nicknames, but few seriously thought about—what exactly did he do right?
Basically, there are four things.
**First: Go only where there are no people**
During the 2013 Bitcoin rally, most people were still doubting whether they could make money. In 2020, during the DeFi explosion, the market was also full of confusion. True opportunities look like this—quiet at the start, noisy at the end. Profits are indeed found in lively places, but in the end, it’s often that one hit that hits you in the hand.
**Second: Choose a path that can last ten years**
The crypto world has new trends every three days, but what truly remains unchanged for ten years is the trend. Do you choose between chasing the next viral meme coin or seeking structural opportunities? The former relies on speed and luck, while the latter depends on vision and cognition. Obviously, the latter’s profit cycle is longer.
**Third: Focus on projects that can truly make money**
This is the most critical point. If a coin’s only story is “pumping, locking, expecting a surge,” then be cautious. Everything sounds good in a bull market, but when a bear market comes, only projects that generate real cash flow can survive.
**Fourth: Never touch what you don’t understand**
Many losses are not due to lack of research, but because after researching, you still don’t understand, yet you go all-in anyway. Sticking to the principle of “don’t invest in what you don’t understand” already puts you ahead of most people.
It all sounds simple, but how many actually do it? Most people are easily driven by emotions—going all-in during FOMO, cutting at the bottom in panic. The logic of consistent profit is always the same—plant when no one is paying attention, hold when consensus is forming, stay calm when the crowd is overwhelming.
The market creates new stories every day, and everyone is afraid of missing out. But truly successful people often don’t chase every hot trend; they stick to the same framework. If you check your current holdings against these four points and find none fully meet them—then wait. Maybe now is the best time to get on board.
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RuntimeError
· 01-10 01:20
It sounds good, but how many people can truly practice "don't invest if you don't understand"? Anyway, I haven't.
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BearMarketSurvivor
· 01-09 04:06
The core is discipline; most people die because of emotions.
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It seems like four points, but actually just one: survive.
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Too many people are cutting losses due to FOMO. This article mainly discusses my ten years of blood, sweat, and tears.
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The truth is just one sentence: if you don't understand something, no matter how hot it is, don't touch it. Cut off the supply line and you're doomed.
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Not entering in 2013 is not a regret; going all-in in 2021 is a regret. Who is truly uninhabited in this market now?
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The third point among the four is the harshest: projects that generate cash flow are scarce; most are just air.
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Checking the holdings and finding all are pitfalls means it's time to clear the positions, not wait.
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ImpermanentPhilosopher
· 01-07 18:13
Well said, but I just want to ask—are there any who are truly living by "going only to places with no people" now?
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OnChainDetective
· 01-07 08:59
nah, wallet clustering data literally shows these "early birds" often had insider info or lucky exchange timing—transaction patterns don't lie
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AltcoinHunter
· 01-07 08:56
That really hits home... None of the four rules in my current holdings match up, all are junk coins I FOMOed into.
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It's the same theory again, but very few can actually do it. I am one of the "majority."
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The third rule is the cruelest. The projects I bought only pumped without selling, and when the bear market hits, they go to zero immediately. I regret it so much.
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When I read this article, I felt like I understood, but then I went all in on a new coin again. Serves me right for losing money.
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Ten-year trend vs. three-day hype, I’m quick with my hands but slow with my brain, so I am destined to be a leek.
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Not understanding and not investing... I've heard this a hundred times. It's just that I can't quit the gambling addiction, and that's the problem.
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Let's analyze calmly: what I need is not four rules, but the discipline to resist FOMO, and I don't have it.
View OriginalReply0
BackrowObserver
· 01-07 08:56
Sounds good, but I think most people still can't escape the spell of FOMO, especially when everyone in the group panics and starts shouting.
View OriginalReply0
GateUser-00be86fc
· 01-07 08:45
That's correct, but the problem is that most people simply can't do the fourth point. I am a bloody lesson.
View OriginalReply0
HalfIsEmpty
· 01-07 08:37
Honestly, the third point hits the hardest. I currently hold two coins in my portfolio that are purely sustained by stories.
Really? Did this guy really go from tens of millions to billions? Why do I feel like stories are growing faster than wealth?
The experience of FOMO selling is too painful. Just being able to resist watching the market now is already good.
I should have listened to the saying "don't invest if you don't understand" a long time ago. It saved me a lot of blood.
Damn, this set of logic can't be used now at all; the market is too shallow.
It's easy to talk about sticking to the framework, but when the market crashes, you still have to run.
I just want to ask, when will be the best time to get in? It seems like you'll never be able to wait for it.
There is a classic story in the crypto world: ten years ago, investing 100,000 yuan, by the end of the year Bitcoin had increased a hundredfold, turning assets into millions. Then this person went from millions to hundreds of billions. Some gave him various nicknames, but few seriously thought about—what exactly did he do right?
Basically, there are four things.
**First: Go only where there are no people**
During the 2013 Bitcoin rally, most people were still doubting whether they could make money. In 2020, during the DeFi explosion, the market was also full of confusion. True opportunities look like this—quiet at the start, noisy at the end. Profits are indeed found in lively places, but in the end, it’s often that one hit that hits you in the hand.
**Second: Choose a path that can last ten years**
The crypto world has new trends every three days, but what truly remains unchanged for ten years is the trend. Do you choose between chasing the next viral meme coin or seeking structural opportunities? The former relies on speed and luck, while the latter depends on vision and cognition. Obviously, the latter’s profit cycle is longer.
**Third: Focus on projects that can truly make money**
This is the most critical point. If a coin’s only story is “pumping, locking, expecting a surge,” then be cautious. Everything sounds good in a bull market, but when a bear market comes, only projects that generate real cash flow can survive.
**Fourth: Never touch what you don’t understand**
Many losses are not due to lack of research, but because after researching, you still don’t understand, yet you go all-in anyway. Sticking to the principle of “don’t invest in what you don’t understand” already puts you ahead of most people.
It all sounds simple, but how many actually do it? Most people are easily driven by emotions—going all-in during FOMO, cutting at the bottom in panic. The logic of consistent profit is always the same—plant when no one is paying attention, hold when consensus is forming, stay calm when the crowd is overwhelming.
The market creates new stories every day, and everyone is afraid of missing out. But truly successful people often don’t chase every hot trend; they stick to the same framework. If you check your current holdings against these four points and find none fully meet them—then wait. Maybe now is the best time to get on board.