I, 37 years old, live in Shanghai, not having to work, free and easy. I own three properties: one high-end suite in Shanghai for myself, a villa in my hometown for my parents, and another for rental income. Life is comfortable and steady. In the cryptocurrency world for eight years, I have no secrets and no flashy operations, relying solely on a 'simple method' to accumulate over 50 million. Today, I will share the six survival rules in the cryptocurrency world that I have kept hidden. If you want to go far, remember them well.
1. Slow rises and small drops are healthy; rapid rises and drops should be treated with caution. A market that steadily climbs with a pullback of no more than 10% is likely a positive trend; however, if there is a sudden surge of over 20% followed by a quick drop, it is mostly a sign of major players cutting losses quickly. Don't be swept away by FOMO emotions; calm judgment is much more reliable than impulsive entry. #币圈生存法则
2. The louder the recommendations, the further you should stay away. There are always people proclaiming 'it will multiply by 10 times' or 'you'll regret missing out'; no matter how many profit screenshots they show, don’t be swayed. Truly valuable projects never require brainwashing marketing; hype does not equal value, so don’t let the noise disrupt your rhythm.
3. Only use 30% of your capital to enter the market; never go all in. Even for the most promising coins, only invest 30% of your total assets, leaving 70% as a safety net for extreme market situations. Those who go all in may be forced out after a significant drop; in the crypto world, surviving is always more important than making quick profits. $XPL
4. Withdraw 50% of your profits first to secure your gains. The crypto market changes rapidly; today’s unrealized gains may vanish by tomorrow. No matter how many times you’ve multiplied your investment, withdraw half of your profits to the outside first, and gamble with the rest. Securing profits is not being conservative; it is the most rational approach. $CITY
5. Don’t touch coins that you don’t understand, no matter how popular they are. New plays are constantly emerging, so don’t blindly follow the trend. If you don’t understand the underlying logic, never enter the market; otherwise, you may easily become the last person holding the bag.
6. Being grounded and following the rules surpasses all techniques. These simple methods have helped me endure multiple rounds of bull and bear markets. No matter how good the market is, some people will lose, and some will profit; living longer is the ultimate truth in the crypto world.
I hope these experiences can help you avoid detours in the crypto world and steadily reach the life you desire.#币圈暴富
Follow Ming Ge, who doesn’t boast or make empty promises, just shares practical experiences that can help you survive in the circle. Ming Ge will guide you through the investment fog; for those brothers and sisters who want to turn their lives around, get on board and let’s work together!