A 36-year-old from Fujian, entered the crypto world in early 2017. At that time, earning 20,000 to 30,000 yuan per month, paying a down payment in first-tier cities was still a distant dream, until I got involved in the crypto market.



Initially, I just wanted to find an additional outlet for my savings, never expecting to catch that wave of market行情. High salaries are hard to come by, but trends can make money double quickly—this was my later realization.

2020 was a critical turning point. I invested most of my savings into the crypto market, with ETH as my main position, BTC as a secondary, plus some small altcoins. That year, the market experienced several corrections. While most people cut losses and exited, I kept accumulating at the lows. The crash on 5/19? That was an opportunity to get in.

I never use high leverage, never borrow money to trade, never chase high prices, only focus on行情 I understand. These disciplined principles saved me many times.

By 2021, when BTC approached a new all-time high, I judged that the cycle was nearing its end. I sold most of my holdings around 58,000, and also took profits on ETH at around 4,400. Later, it proved that those were almost the top.

When the bull market ended, my account balance was 38.51 million yuan. I took 10 million to establish a presence in Shenzhen, kept 20 million in the bank earning stable interest, and continued to participate with the remaining 8.51 million.

Over the years, I’ve summarized a few core points:

**First, capital is accumulated by myself.** Don’t borrow money or use leverage. When risks come, those who leverage often can’t withstand it.

**Second, only trade high-probability opportunities.** Keep operations minimal, signals must be clear. Frequent trading only increases costs and mistakes.

**Third, greed is the greatest enemy.** When you see a good position, act decisively. Don’t always wait for more gains.

**Fourth, profit comes from cycles.** The crypto market has clear bull and bear shifts. Grasping the big cycle is far more reliable than day trading.

Many people want to get rich quick in crypto, but those who truly succeed are often not the smartest, but those who know how to wait, dare to heavily allocate at key positions, and take profits in time. That’s what crypto is about—it's not about reaction speed, but understanding and executing on cycles.
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ChainMelonWatchervip
· 9h ago
Buying the dip in 2020 at 519 really took courage; most people were scared away at that time. Early exit is the real winning strategy. Clearing at 58,000 and reducing positions at 4,400, it was a tight squeeze. What happened to all those people who borrowed money to trade cryptocurrencies? No need to even think about it. The sense of cycle needs to be proven through actual practice; just listening to lectures is useless.
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Rugpull幸存者vip
· 9h ago
Honestly, I've seen through this routine a long time ago, it's just good luck that caught the cycle, and people hype it up as some kind of trading strategy. If you ask me, the key is no leverage and no borrowing, in other words — having enough capital to gamble with. I just want to ask, during the low point in 2020 when I was accumulating, did I really not panic? That was the real test. But there are indeed some valuable lessons, at least I didn't get wiped out by a crash like the 519 drop, which is worth noting. Is Bitcoin really that simple? Feels like something important is missing. The timing of getting out at 38,851, that’s the most impressive part of the whole story, the decision at 58,000 that outperformed 99% of people.
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LayerHoppervip
· 9h ago
This guy is really ruthless, wiped out all 58,000, I was still sleepwalking back then. The hardest part of making money isn't bottom fishing, it's daring to sell. I respect not borrowing money; many people are ruined by leverage. More than half of the 38.51 million has been pulled out, this is the right way to play, not everyone has the same resolve. Speaking of which, understanding the cycle thoroughly can really change your fate, it all depends on whether you're willing to take action or not.
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DAOdreamervip
· 9h ago
Really didn't expect to make so much, but I definitely don't recommend borrowing money. It's all about having the right mindset with hard drives. I'm still regretting selling at 558, haha. Wait, is the 38.51 million he mentioned real or not? Accumulating at low points really requires resolve; most people can't do it. The key is to understand the market trends; don't operate blindly. These days, there are many stories of getting rich quick in the crypto world, but few actually come to fruition.
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ProofOfNothingvip
· 9h ago
Honestly, I've heard this theory too many times. The key still comes down to execution. I agree with not borrowing money or leveraging. I've seen too many stories of margin calls and liquidations. But clearing everything at 58,000? I feel like it's a hindsight move. The real challenge isn't knowing these principles; it's not getting swallowed by FOMO during the market's craziest moments. 38.51 million is just a number. Once it lands in Shenzhen, will it be maintained? Cycle trading is profitable, but who can really hit the precise timing?
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