Watching the flash of liquidation pages in that instant, I finally understood the true meaning of surviving in the crypto world.

In the winter of 2015, Bitcoin was struggling around 4,000 yuan. I threw in 50,000 yuan, full of dreams of "doubling your money and getting rich overnight." But reality? In less than three months, my account was halved—chasing rallies, selling dips, going all-in on full positions. I didn’t fall into any rookie traps.

During the Spring Festival of 2018, while staring at the liquidation screen on the high-speed train, I finally woke up: to survive in the crypto world, it’s not about reacting quickly, but about being able to endure.

Seven years have passed, and 50,000 has grown into 5 million. Don’t get me wrong, this isn’t a get-rich-quick story, but something accumulated slowly by mastering four "slow rules." Today, I’ll share these experiences in hopes that new friends can avoid some pitfalls.

**Rule 1: Genuine trading opportunities occur no more than 3 times a year; the rest of the time is for watching and waiting**

I used to be the kind of person who couldn’t sit still without trading for a day, always feeling that missing a trade meant losing money. But what happened? The more I traded, the faster I lost.

Now, my approach is simple and straightforward: only 2-3 actual trades per year, the rest of the days are for observation. For example, during the 2019 market rally, I profited from Bitcoin rising from 3,000 to 6,000 USD; in March 2020, I bottomed out and entered, only to exit in early 2021; starting in late 2022, I was laying low in the bear market, and only realized gains in early 2024—these key trades provided enough for several years of expenses.

The crypto market is never short of opportunities; what’s lacking is patience for waiting. Many people are afraid of missing out, but end up being repeatedly cut by the market. To put it simply, markets are always fluctuating; the key is to focus on what you truly understand and can hold onto.