A native of Shandong, 33 years old, rooted in Zhejiang for eight years. During these eight years, I accumulated two properties through involvement in the crypto market—one to honor my family, and one for myself. Starting with a capital of over 200,000 yuan, I faced the toughest times when my account shrank to 50,000 yuan, but I persisted. Using a seemingly clumsy yet solid approach, I gradually grew my funds to the million-level. Today, I want to share some practical insights—purely personal opinions, not a get-rich-quick secret, just how to survive and do well in this market.

**Mindset Always Trumps Technical Analysis**

The crypto world is never short of "technical experts," but honestly, most people's losses are not due to not understanding candlestick charts. I've seen too many people trading ten or more times a day, chasing highs and selling lows as a habit, ultimately losing all profits to transaction fees. A principle that truly hits home for me is: Better to miss an opportunity than to make a wrong decision.

Short-term price fluctuations should be regarded as noise. The crypto market indeed feels like a year in a day, but truly significant market moves only come once every few months. When losing money, don’t rush to cut your losses; when making money, don’t get cocky. The first thing I stick on my bedside is: "Don’t move during a sharp drop, don’t move during a sharp rise."

For example, during the 2022 LUNA incident, I withdrew early. Not because I was exceptionally skilled technically, but because I sensed a change in community sentiment—everyone was shouting "buy the dip," but fewer and fewer people were carefully analyzing the risks. This signal is clearer than any indicator.

**Capital Allocation: When You Have Less Money, Be More Careful**

How should I use over 200,000 yuan of principal? My logic is simple: seize one major market opportunity accurately each year, and stay honest and steady the rest of the time.

Never operate with full position—even if you feel confident, always keep 30% in cash. Why? When unexpected situations arise, you can top up your position in time, and your mindset won’t collapse. Dividing your buy and sell orders into batches is key: sell in three parts during a rise, buy in five parts during a dip. The result of this approach is that no matter how volatile the market, your bones won’t be hurt. For major coins like Bitcoin, using this rhythm to trade can significantly smooth out long-term account fluctuations.

To survive long-term, you must be able to withstand the ups and downs.