#数字货币市场洞察 Eight years in crypto, turned 100,000 in principal into a car and a house. At my lowest, my account was down to just 10,000. Surviving this long wasn’t luck—it was a few “stubbornly simple” survival rules.

**In a bull market, don’t be a butterfly—being a nail is enough**
When there’s hype everywhere, it’s easy to bring home a pile of junk. My approach is simple and brutal: lock onto one sector, fully understand its narrative, and only bet on the leading projects. Last year, I focused solely on two coins in the storage sector and ended up pocketing nearly two million. Grasping one story you truly understand is a thousand times more effective than casting a wide net.

**Old loves can’t compare to new crushes—this is gospel in crypto**
The market has no feelings. Still holding onto coins from years ago? That’s like waiting for Nokia to make a comeback. New narratives, new teams, and new projects with small circulating supplies can leave old assets in the dust when they explode. Nostalgia is for social media posts, not your portfolio.

**Leverage is a double-edged sword—don’t swing it carelessly**
I’ve made seven figures with leverage and also lost half my net worth in three days. Now I have hard rules: split my total funds into five parts, only use one part per trade; cap leverage at 5x; if my stop-loss is hit, I cut without hesitation. The tool is only as good as your ability to handle it.

**No one can defy the cycle**
The four-year cycle is more reliable than any technical indicator. When is it time to exit? When everyone around you is talking crypto. In 2021, even the security guard in my building was asking what to buy. I liquidated non-core holdings that day and kept 80% of my profits. Remember: surviving is more important than making the most.

**The “stupid habits” that kept me alive**

Never lose more than 1.5% of total funds on a single trade—always leave room for a comeback.

Emotions matter more than skills: if I lose two trades in a row, I stop and take a break. Never chase losses.

I check on-chain data and capital flows myself—the further I stay from “signal callers,” the better.

**A heartfelt word to close**

Stop dreaming about which coin will 10x. Ask yourself if you can stomach a 90% drop first. Opportunities are never lacking in this market—what’s lacking are people who can last long enough to seize them.

My P&L curve over the years is really just a battle with my own greed and fear. Think one more second before opening a position, stay calm when holding, and never hesitate to cut losses—that’s how I ground it out to today.

The market is always here, but the window won’t wait.