I have been in the crypto world for 8 years, during which I have tasted the bitterest and the sweetest moments.
To be honest, these 8 years have not all been smooth sailing. I have experienced margin calls, debt, online loans, and moments of despair when my 200,000 yuan principal was wiped out in a day, even standing on the rooftop contemplating giving up completely. I still remember that feeling very clearly.
But I did not sink into despair. With a fighting spirit that refuses to give up, I started over with a small principal of 1000U, gradually growing to where I am today. This process has taught me a lot. Today, I want to share these blood and tears of experience verbatim, hoping to help those who are still exploring in the crypto space.
**Tip 1: Be Careful with Small Amounts** When your principal is within 100,000 yuan, catching one big trend a day is enough. The biggest mistake is greed, dreaming of getting rich overnight with full positions, which often results in losing everything. Be cautious; it really helps you survive longer.
**Tip 2: Exit When Good News Arrives** If you don’t sell on the day major good news occurs, you must sell when the market opens high the next day. There is a pattern with good news: when everyone has reacted and is buying, it’s actually a bearish signal. Don’t chase that last limit-up.
**Tip 3: Beware of News and Holidays** The market is especially volatile around key points and before or after holidays. Adjust your positions in advance, reduce your holdings when necessary, and if you’re unsure of the direction, just stay on the sidelines. Wait until the trend becomes clear before following the market; this greatly increases your win rate.
**Tip 4: Light Positions for Mid-Long Term Are Normal** The market is unpredictable; this is a harsh fact. Heavy positions mean high risk. Only prudent position management can help you go further in the crypto world. Don’t think about turning things around with a single trade; that mindset can be deadly.
**Tip 5: Short-Term Trading Requires Speed** Follow the trend; take profits immediately. If the market is flat, be patient and stay on the sidelines. Not every moment requires holding a position; sometimes, cash in hand is the best weapon.
**Tip 6: Understand the Rhythm of Volatility** Different types of fluctuations correspond to different rebound methods. Slow waves match slow rebounds, fast corrections rebound quickly. Master this pattern, and finding buy and sell points won’t be so difficult.
**Tip 7: Stop-Loss Cannot Be Skipped** If you judge that you’ve made a mistake, cut losses decisively. There’s nothing shameful about it. Many people like to hold on, thinking they can wait to recover, but they end up sinking deeper. Recognizing mistakes in time can actually help you survive.
**Tip 8: 15-Minute K-Line Is Sufficient** Using the 15-minute chart combined with the KDJ indicator can accurately capture short-term entry opportunities. No need to obsess over 1-minute charts or overcomplicate things.
**Tip 9: Mindset Is the Primary Productivity** No matter how skilled or experienced you are, an unstable mindset can ruin everything. Don’t be swayed by market emotions; be rational when needed, decisive when necessary.
All these lessons were bought with real money. I am sharing them now in the hope that those who are still stumbling in the crypto world can avoid some pitfalls. Following these principles will save you a lot of tuition fees compared to blindly rushing in.
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gas_fee_therapist
· 2h ago
Rooftop literature but able to survive, it's truly not easy
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This theory sounds flawless, but most people can't actually implement it
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Losing from 200,000 to 1,000U and then turning around, this mental resilience is really incredible. I would have quit the scene long ago
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I agree with running when there's good news; retail investors' luck isn't as strong as institutions dumping the market
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Holding a heavy position can be deadly. This hits close to home—many people fall because of greed
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15-minute K-line plus KDJ, I've used this combo for two months, and the win rate can indeed reach over 60%
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Stop-loss sounds simple, but when you're really holding a position, everyone wants to recover losses. The mindset is tough
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Having an empty position is also a skill. Not all coins are worth entering. Once you understand this, you'll start making profits
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Eight years of experience have brought these insights, which are indeed valuable for new investors
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Mindset is the primary productivity. One sentence hits 90% of the problems in the crypto circle
View OriginalReply0
ProposalManiac
· 01-10 01:20
Talking about stop-loss is easy, but less than 20% of people can actually do it.
View OriginalReply0
AirdropFatigue
· 01-08 17:56
The rooftop scene was truly amazing, this is the real truth
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I have deep experience in running away on this bullish trend; I always get trapped by the last limit-up
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From zeroing out 200,000 to now, this is the true story of becoming a master
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Stop-loss has really saved me many times, but unfortunately I realized this too late
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Mindset is so crucial; no matter how good the skills are, a broken mindset is useless
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15-minute K-line plus KDJ, simple and effective, no need to be so complicated
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The dream of full position overnight riches should wake up now; it echoes many people's feelings
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Waiting in cash is the hardest part; human nature is to want to hold positions at all times
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Standing on the rooftop at that moment was probably the lowest point in life; being able to come out is truly impressive
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Position management is the key to longevity; too many people haven't figured this out
View OriginalReply0
DecentralizedElder
· 01-08 17:56
The part on the rooftop really hits home, but surviving is winning.
Exactly, going all-in is truly the standard move for cutting leeks.
I've stepped on too many mines by following the bullish signals... Now, whenever I see everyone celebrating, I start reducing my positions.
Mindset is the real killer; no matter how strong your skills are, a mental breakdown is useless.
A 15-minute K-line combined with KDJ is simple and efficient, much more reliable than those complicated indicators.
The worst thing is holding a position without stop-loss; one mistake can send you back to square one.
Growing from 1000U is truly inspiring, but this path is also a life-and-death gamble.
Waiting in cash is really the hardest lesson; always thinking you can't be empty-handed.
These are all blood lessons; newcomers should really take a close look.
View OriginalReply0
HashRateHermit
· 01-08 17:56
That rooftop scene was really amazing, but being able to bounce back from 1000U is the real skill.
View OriginalReply0
BoredRiceBall
· 01-08 17:52
The part on the rooftop really hits the heart, but the story of turning things around later is even more incredible.
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Honestly, stopping loss is the hardest part; I always want to hold on to the position.
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The pattern of running away on good news is so true; I've stepped into too many pits.
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From 200,000 to 1,000 USD and then turning around—that's true crypto discipline.
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15-minute K-line with KDJ, simple and straightforward but really effective.
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Waiting in cash is also holding a position; adjusting this mindset takes the most time and patience.
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Having cash on hand feels much more secure than being fully invested, even though it looks uncomfortable.
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Mindset is indeed the primary productivity; it's most evident when losing money.
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That phrase "live longer" really resonated; it's more reliable than going all-in on a gamble.
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These 8 years of bills are written with blood and flesh; they're more valuable than the theoretical lessons from big influencers.
View OriginalReply0
CommunityLurker
· 01-08 17:51
The rooftop scene was truly amazing. I was almost the same at the time, to the point of doubting life from the losses.
Heard many stories about turning around from 1000U, but few dare to write about it. This guy definitely has something.
The point about stop-loss is correct. I have a bunch of people around me stubbornly holding on, and in the end, they all end up with bad outcomes.
15-minute K-line + KDJ, it really depends on the individual. I find the 4-hour chart more stable.
Mindset is indeed the devil. When making money, greed takes over; when losing money, giving up completely—it's a vicious cycle.
Running at the first sign of good news is very realistic. The last limit-up was truly a tombstone.
It's been 8 years. This old guy has really seen the world, unlike those who entered the market in 2 years and shout loudly.
Everything he said is correct, but execution is the hardest part. I haven't managed to do it anyway.
View OriginalReply0
SocialFiQueen
· 01-08 17:33
The part on the rooftop really hit me, thank you for not giving up.
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It's the same theory again, but honestly, you have to go through the pitfalls to truly understand.
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How many people have buried their dreams of turning their full position around, and still some keep jumping in.
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I learned the hard way that it's a huge loss to sell off the next day after good news, but now I want to try again with this wave.
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Mindset is the primary productivity; it's easy to say but deadly to actually do.
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From zero to 200,000, this process is the real textbook.
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Most people lose money on stop-loss because they can't let go, and I am the same.
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15-minute K-line charts are definitely more comfortable than watching 1-minute charts, with much less noise.
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Waiting in a flat position is really more profitable than reckless trading, but I just can't wait.
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In the days of waking up and going back to work, I actually miss the moment of clarity right after a margin call.
I have been in the crypto world for 8 years, during which I have tasted the bitterest and the sweetest moments.
To be honest, these 8 years have not all been smooth sailing. I have experienced margin calls, debt, online loans, and moments of despair when my 200,000 yuan principal was wiped out in a day, even standing on the rooftop contemplating giving up completely. I still remember that feeling very clearly.
But I did not sink into despair. With a fighting spirit that refuses to give up, I started over with a small principal of 1000U, gradually growing to where I am today. This process has taught me a lot. Today, I want to share these blood and tears of experience verbatim, hoping to help those who are still exploring in the crypto space.
**Tip 1: Be Careful with Small Amounts**
When your principal is within 100,000 yuan, catching one big trend a day is enough. The biggest mistake is greed, dreaming of getting rich overnight with full positions, which often results in losing everything. Be cautious; it really helps you survive longer.
**Tip 2: Exit When Good News Arrives**
If you don’t sell on the day major good news occurs, you must sell when the market opens high the next day. There is a pattern with good news: when everyone has reacted and is buying, it’s actually a bearish signal. Don’t chase that last limit-up.
**Tip 3: Beware of News and Holidays**
The market is especially volatile around key points and before or after holidays. Adjust your positions in advance, reduce your holdings when necessary, and if you’re unsure of the direction, just stay on the sidelines. Wait until the trend becomes clear before following the market; this greatly increases your win rate.
**Tip 4: Light Positions for Mid-Long Term Are Normal**
The market is unpredictable; this is a harsh fact. Heavy positions mean high risk. Only prudent position management can help you go further in the crypto world. Don’t think about turning things around with a single trade; that mindset can be deadly.
**Tip 5: Short-Term Trading Requires Speed**
Follow the trend; take profits immediately. If the market is flat, be patient and stay on the sidelines. Not every moment requires holding a position; sometimes, cash in hand is the best weapon.
**Tip 6: Understand the Rhythm of Volatility**
Different types of fluctuations correspond to different rebound methods. Slow waves match slow rebounds, fast corrections rebound quickly. Master this pattern, and finding buy and sell points won’t be so difficult.
**Tip 7: Stop-Loss Cannot Be Skipped**
If you judge that you’ve made a mistake, cut losses decisively. There’s nothing shameful about it. Many people like to hold on, thinking they can wait to recover, but they end up sinking deeper. Recognizing mistakes in time can actually help you survive.
**Tip 8: 15-Minute K-Line Is Sufficient**
Using the 15-minute chart combined with the KDJ indicator can accurately capture short-term entry opportunities. No need to obsess over 1-minute charts or overcomplicate things.
**Tip 9: Mindset Is the Primary Productivity**
No matter how skilled or experienced you are, an unstable mindset can ruin everything. Don’t be swayed by market emotions; be rational when needed, decisive when necessary.
All these lessons were bought with real money. I am sharing them now in the hope that those who are still stumbling in the crypto world can avoid some pitfalls. Following these principles will save you a lot of tuition fees compared to blindly rushing in.