My family and children were separated because of the cryptocurrency speculation. The past is unbearable to look back on. I still survived. The experience along the way was like a roller coaster. In the first three years after entering the market, I plunged into this seemingly infinite world of cryptocurrency with 200,000 yuan of capital with great expectations, fantasizing that I could easily make a lot of money. However, the reality dealt me ​​a heavy blow. In just three years, my capital was only 10,000 yuan left.

Have you guys in front of the screen experienced this? Please read my story patiently.

At that time, my relatives and friends all ridiculed me, saying that my cryptocurrency trading was the stupidest thing to do, accusing me of neglecting my family and having no ambition. They poured all kinds of ugly words into my ears. To be honest, I really felt that I was useless at the time and almost gave up completely. However, deep in my heart, there was a strong unwillingness. How could I give up so easily? So, I gritted my teeth and swore to my family that I would use the last 10,000 yuan to fight again and give myself one last chance to turn over.
In the following days, I calmed down and fully immersed myself in studying and exploring the crypto space. Hard work pays off; over the next three years, I turned the remaining 10,000 capital into 2.75 million! This is not bragging, but a real experience of mine. This made me deeply understand that when you truly find a method that suits you and execute it strictly, you can achieve a turnaround.
In the crypto world, everyone talks about the ten levels of trading; I will also share my experience with you.
Level 1: It's like entering a novel game world; beginners in the cryptocurrency market often have great ambitions, believing that with 1,000 USDT, they can showcase their skills in this market, full of infinite expectations and passion for the future, thinking they will soon make a lot of money.
Level 2: Many people become obsessed with frequent buying and selling every day, treating those big influencers in the crypto space as their 'money gods', believing everything they say and thinking that as long as they follow the big influencers' suggestions, they will easily make a profit, without any independent thinking or judgment.
Level 3: Gradually, people realize that making money is not that easy; they often lose more than they gain, and at this time, they begin to doubt the words of the big influencers. Thus, they seek to learn and analyze various news, hoping to find profitable opportunities from the news, only to discover that many messages are traps designed to mislead. They even start to doubt whether the value investing philosophy that has been highly praised by others is truly reliable.
Level 4: After some time of exploration, a complete novice gradually transforms into a 'leek' that the market cuts back and forth. At this point, I start learning to analyze different cryptocurrencies and study various technical indicators. Sometimes I can make a small profit, but overall, I still experience more losses. I switch between long and short positions without any clear strategy; although I feel that I have learned a lot, my account balance keeps decreasing, filling me with self-doubt and uncertainty about where the problem lies.
Level 5: Transitioning from a new 'leek' to an old 'leek', I have developed some personal opinions and understandings of the market, but I also fall into a new confusion. I feel that no matter what I do, it is wrong, and my mindset gradually collapses amidst repeated losses, as if trapped in a vicious cycle from which I cannot escape.
Level 6: Through continuous practice in the market, after experiencing countless failures and successes, I finally developed a trading model that suits me. At this point, I can achieve profits greater than losses and gradually learn to control my mindset, no longer being emotionally affected by market fluctuations as I used to.
Level 7: At this stage, I no longer solely rely on technical indicators to make decisions; instead, I begin to learn to feel the 'momentum' of the market, grasp the rhythm and emotional changes of the market, and gradually find my own trading 'path', as if I have opened a new door to successful trading.
Level 8: I have developed a unique and mature trading model and can strictly abide by the trading discipline I set for myself. I hold onto coins, but I do not panic due to short-term price fluctuations; my mind becomes very calm, and whether buying or selling, I can maneuver freely and skillfully.
Level 9: I am no longer swayed by the ups and downs of the cryptocurrency market, nor am I obsessed with daily trading operations. Instead, I view the crypto space as a place to steadily generate profits. At this point, I am more willing to study the narrative logic and philosophical thoughts behind the crypto world and deeply understand that investing is actually interconnected with life; the process of investing is a kind of experience in life.
Level 10: I am currently at this level. Having reached this realm, I have stepped out of the noise and volatility of the secondary market and turned my attention to the primary market. For example, I have positioned myself in Marvin, which has the Musk concept and strong community support, and I have already achieved an 8-fold floating profit.
In my 16 years in the crypto space, I have also experienced 10 years of ups and downs. From initially entering the market with a capital of 50,000 to now being able to support my family through cryptocurrency trading, every step has been filled with hardship and challenges. Today, I want to share my valuable experiences accumulated over the years, hoping to help friends who are also striving in the crypto space.
First of all, it is essential to pay attention to capital management. I have always divided my capital into several portions, using only a small part of it for each trade. The benefit of this approach is that if I make a wrong judgment in this trade, I will only lose a small portion of my capital, which will not deal a fatal blow to my overall funds and will allow me to retain the strength to continue fighting. At the same time, I set a clear stop-loss point for myself. Once the market price reaches this stop-loss point, I will decisively sell, and I will never hesitate due to a lingering hope or reluctance. This cautious approach has allowed me to remain calm during significant market fluctuations, avoiding deep entrapments, thus surviving and gradually thriving in the market.
Secondly, one must understand the principle of going with the trend. In this ever-changing crypto market, the trend is the most critical factor. When the market is in a downtrend, one should be cautious of seemingly rebounding trends; often, these are just traps set by the main players to entice buying. Conversely, when the market is in an uptrend, every pullback may present a good opportunity to buy. We must learn to keenly detect changes in market trends and operate in accordance with these trends, never going against the current; otherwise, we risk incurring significant losses. Only by following the market trend can we find more profitable opportunities in trading, rather than opposing the market and being ruthlessly eliminated.
Moreover, we must remain highly vigilant regarding cryptocurrencies that experience price surges in the short term. The risks associated with these cryptocurrencies are usually very high, as their price increases are often driven by short-term speculation or sudden news. If we miss the best buying opportunity, we may find ourselves facing a significant price drop after buying at a high level, thus getting trapped. In contrast, I recommend focusing on cryptocurrencies that can steadily rise in price and have substantial growth potential. Although these cryptocurrencies may not make us rich overnight, their advantage lies in their high stability, providing more reliable protection for our investments and enabling our assets to achieve steady growth over the long term.
In actual trading, we can also utilize some technical indicators to help us better assess market conditions. Indicators like MACD (Moving Average Convergence Divergence) and volume-price relationships are tools I often use in trading. These indicators can help us clearly understand the buying and selling power comparison, the strength of the trend, and price fluctuations, allowing us to better grasp the market's rhythm, find suitable entry and exit points, and improve our trading success rate and profitability.
Additionally, sticking to a review process is also a very important part. I summarize and reflect on my trading situation every day, examining where I did well and where I still have shortcomings. Through this review, I can analyze the reasons for gains and losses in each trade, summarize successful experiences and failed lessons, and continuously optimize my trading strategy based on these experiences. This way, we can continually improve in the ever-changing market environment, making our trading methods more adaptable to market changes and enhancing our competitiveness.
Finally, I want to emphasize that one should never blindly follow the crowd in cryptocurrency trading. Everyone's investment experience, risk tolerance, capital situation, and understanding and judgment of the market are different; therefore, each person should have their unique trading style and rhythm. We cannot just follow others into a cryptocurrency because we see them making money; neither can we completely imitate someone else's trading approach. Only by continuously practicing, learning, and exploring can we find a trading method that truly suits us, allowing us to establish ourselves in this crypto market filled with opportunities and challenges and achieve our investment goals and wealth dreams.
Reflecting on these 16 years in the crypto space, I deeply feel that trading cryptocurrencies is not just a contest of technology and wisdom, but also a severe test of mindset and perseverance. In this market, we will encounter various difficulties and setbacks and experience countless losses and failures. However, as long as we maintain calmness and rationality, adhere to prudent operations, and are not swayed by temporary emotions, we will surely be able to travel further and more steadily on this thorny path of cryptocurrency trading. I hope my shared experiences can illuminate the path ahead for everyone, helping you take fewer detours in your investment journey and adding a sense of composure and confidence, ultimately achieving your wealth growth and life value.



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