Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#美联储恢复降息进程 crypto market ten years of ups and downs: how I climbed from being five hundred thousand in debt to achieving financial freedom.



In ten years of cryptocurrency investment, I have witnessed the entire process of accounts going from debt to eight figures. How intense? More than you can imagine.

Back in 2013, my business collapsed, and I was in deep debt. I scraped together 100,000 yuan to go all in and bought over a hundred bitcoins. As for the people around me? They all said I was crazy, that it was a gambler's behavior.

Then 2017 came. Bull market. The account number soared to over 8 million, and I felt like I was floating. Chasing highs, bottom fishing, frequent trading, thinking of myself as the chosen one.

The year 2018 taught me the hardest lesson. The market crashed, and my assets shrank to just over a million. The feeling was like falling from the clouds. It was then that I truly understood a principle: the numbers bouncing in the account are not money; only what is secured in hand counts.

Since then, I made a rule for myself: every time my account gains reach 50%, I immediately withdraw the principal. Let the money earned continue to roll in the market, but I must protect the principal first. It is with this strategy that I have gradually stabilized my footing and made it to today.
BTC-7.09%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
TokenDustCollectorvip
· 6h ago
Wow, going all in with over a hundred Bitcoins in 2013, that takes some guts!
View OriginalReply0
HodlAndChillvip
· 6h ago
This guy said, "50% just withdraw the principal," which is really insightful and much more reliable than those who shout about ten times every day.
View OriginalReply0
OnchainHolmesvip
· 6h ago
Wow, this operation of withdrawing 50% of the principal is really incredible. I’m glad I didn't die in it back in 2018.
View OriginalReply0
NFTragedyvip
· 6h ago
Damn, that big dump in 2018 was really a bloody lesson, so many people just went all in and lost everything.
View OriginalReply0
Liquidated_Larryvip
· 6h ago
Since going all in to buy coins in 2013, it sounds like a gambler's story, but it is actually a living blood and tears lesson...
View OriginalReply0
FlashLoanLarryvip
· 7h ago
the 50% rule is just capital utilization basics tbh... most people don't even track their basis points properly during pumps lol. thesis validation takes discipline tho, respect that
Reply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)