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Material foundation determines quality of life, and this principle is especially evident in the crypto circle. Dreams without capital support are just empty words. To survive long-term in the crypto market, relying solely on luck and news is simply not enough.
Many people are curious: how can one earn substantial profits in the crypto space? Is there some secret or insider information that is not widely known? Honestly, if there really were a foolproof "profit without loss" trick, I guess everyone would have already retreated completely. My experience tells me that truly effective methods are actually quite "simple"—slow, steady, and not greedy.
When I first entered the crypto world, I was also the type who watched the charts daily and chased hot coins. Whatever coin was trending, I would buy in. The result was often getting caught in a trap, and after a few months, half of my principal was lost. That lesson completely changed my mindset: in the crypto world, it’s not about who makes money fast, but who can survive longer.
Later, I established three unshakable principles for myself.
**First, only invest in projects you understand.** Coins whose mechanisms you don’t understand or whose logic you can’t grasp, no matter how hot they are, I don’t touch. This is the first line of defense.
**Second, always leave an exit route for yourself.** Maximize your heavy position to 70%, with the remaining 30% as psychological backing. This way, even if your judgment is wrong, it won’t cause fundamental damage.
**Third, wait for the "consensus + signal" to resonate together.** For example, when a trend reversal signal appears in mainstream coins, or when there is a significant abnormal movement in on-chain capital flow, that’s the real opportunity to exit.
The most impressive memory I have is from the spring of 2023. At that time, the entire market was frantically going all-in on various MEME coins, but I stubbornly stayed put. What happened next? Others made profits but then completely gave them back, while I took advantage of the market’s quiet period to buy Ethereum at a low price. In the end, this round of operations multiplied my account by five times.
Gradually, I realized that the core of crypto trading isn’t about being "accurate," but about "waiting." Waiting for the market to show a clear direction, waiting for signals to become unmistakably clear, waiting for market sentiment to cool down, and then entering. The benefit of this approach is that each trade has a high probability of success.
That year, I only made six trades in total, but each one was a high-probability trade. In comparison, others stay up late every day watching the charts, while I spend half an hour reviewing and the rest of the time drinking tea, exercising, and spending time with family. When the year-end settlement came, my account had safely pocketed $380,000. When the next bull market arrived, I repeated the same methods and discipline, and eventually my account reached the million-dollar level.
This is what I want to say: there are no real shortcuts in the crypto world, nor magic to get rich quickly. What does it rely on? Rational judgment of the market, disciplined execution, and patience.
Are you still chasing after various hot coins? Or have you already learned—slow down, be steady, and you might earn more and longer?