Seven Years in the Cryptocurrency World: From Losing 60,000 to Hitting Rock Bottom, to a Comeback of 5 Million! Risk Management is Embedded in My DNA, I’m Not Worried at All!
In 2018, my small restaurant went bankrupt, and my entrepreneurial dream was completely shattered. I had only 60,000 left as emergency funds. The landlord kept pushing for rent, and my parents looked at me with disappointment. I sat in the corner of my rented room scrolling through web pages, when a Bitcoin news article suddenly pulled me up from the bottom!
After hesitating for a whole week on Huobi, repeatedly checking the trading rules, I finally gritted my teeth and invested all my savings, buying 9 bitcoins at a price of 6,000 yuan each. At that time, all I hoped for was to turn my situation around with this money.
In the next two years, the price of cryptocurrencies was like a roller coaster. In 2018, the bull market hit, and my account balance soared to 900,000. Watching the constantly changing numbers, I was so excited that I couldn't sleep all night, even planning to buy a house and a car.
But before I could cash out, the crash came in 2019, and my account balance plummeted to 180,000, returning to square one overnight. That feeling of weightlessness from falling from the sky made me fully understand what “paper wealth” meant, and I tasted the cost of greed for the first time.
The real turning point came in 2020. After experiencing the baptism of wild price fluctuations, I no longer chased the highs and lows but focused my remaining funds on mining and DeFi, patiently managing it like a farmer tending to crops.
I summarized three iron rules: preserving capital is always the first priority, withdraw the principal once profits reach 50%; only earn money within my understanding, and never touch projects I don’t understand in the whitepaper; manage positions strictly, with 60% of funds invested in Bitcoin and Ethereum as ballast.
$BULLA
In 2021, I finished reading the Layer 2 technical documentation six months in advance, decisively made a heavy investment, and never made the mistake of being greedy again.
In three years, my funds slowly grew to 5 million, not only paying off my entrepreneurial debts but also buying my parents a big house. After ten years of ups and downs, I finally understood that the most precious thing in the cryptocurrency world is not technical analysis, but the patience to survive. Slow wealth is more enduring than sudden wealth; not losing money is itself a form of making money.
In the past, you were stumbling alone in the dark; now the light is right here. I have walked the path and verified the system. If you also want to replace luck with discipline and use a system to overcome emotions, why not have a chat with Da Hui?
