2025-12-25 13:20:59

A 36-year-old from Fujian, entered the crypto world in early 2017. At that time, earning 20,000 to 30,000 yuan per month, paying a down payment in first-tier cities was still a distant dream, until I got involved in the crypto market.

Initially, I just wanted to find an additional outlet for my savings, never expecting to catch that wave of market行情. High salaries are hard to come by, but trends can make money double quickly—this was my later realization.

2020 was a critical turning point. I invested most of my savings into the crypto market, with ETH as my main position, BTC as a secondary, plus some small altcoins. That year, the market experienced several corrections. While most people cut losses and exited, I kept accumulating at the lows. The crash on 5/19? That was an opportunity to get in.

I never use high leverage, never borrow money to trade, never chase high prices, only focus on行情 I understand. These disciplined principles saved me many times.

By 2021, when BTC approached a new all-time high, I judged that the cycle was nearing its end. I sold most of my holdings around 58,000, and also took profits on ETH at around 4,400. Later, it proved that those were almost the top.

When the bull market ended, my account balance was 38.51 million yuan. I took 10 million to establish a presence in Shenzhen, kept 20 million in the bank earning stable interest, and continued to participate with the remaining 8.51 million.

Over the years, I’ve summarized a few core points:

**First, capital is accumulated by myself.** Don’t borrow money or use leverage. When risks come, those who leverage often can’t withstand it.

**Second, only trade high-probability opportunities.** Keep operations minimal, signals must be clear. Frequent trading only increases costs and mistakes.

**Third, greed is the greatest enemy.** When you see a good position, act decisively. Don’t always wait for more gains.

**Fourth, profit comes from cycles.** The crypto market has clear bull and bear shifts. Grasping the big cycle is far more reliable than day trading.

Many people want to get rich quick in crypto, but those who truly succeed are often not the smartest, but those who know how to wait, dare to heavily allocate at key positions, and take profits in time. That’s what crypto is about—it's not about reaction speed, but understanding and executing on cycles.

ETH-0,52%

BTC-0,36%

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FloorSweeper

· 2025-12-28 12:08

The wave of clearing 58,000 I did the same, just not as ruthless as him. Now I think about it, I regret not holding a heavy position. 38.51 million sounds outrageous, but it's really not luck, just betting on the right cycle. Friends who borrowed money to trade crypto are all gone now, which shows that this guy's bottom line really saved his life. But I still think that continuing to hold the 851 million later on was a bit greedy. It would have been much more comfortable to exit completely. It looks quite genuine, without that kind of bragging feeling. The frequent trading part really hit me. I was trading too often, and the transaction fees ate up half a month's salary. Wait, buying at the low in 2020 and clearing out in 2021—this timing was too precise. There’s still some luck involved, right? Ultimately, it’s a matter of mentality. Most people can’t achieve that level of self-discipline.

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CrossChainMessenger

· 2025-12-28 10:34

Not borrowing money or leveraging, easy to say but hard to do --- This guy was still holding on when I was clearing my positions, and now he's still eating noodles --- The key is to look at the cycle, not just the K-line --- Listening to 38.51 million is enough, let's stay grounded --- People who truly make money are like this, so low-key you wouldn't expect --- You're right, but most people simply can't do it --- Buying a house in Shenzhen after landing is the smartest move --- Waiting is really the hardest part; who can endure two or three years without moving? --- I just want to know how to view the upcoming cycle now --- This story is a bit too perfect, but the logic does hold up --- Not chasing highs, not borrowing money, it sounds simple, but executing it requires a strong mindset --- The crypto world is a psychological game; technical analysis is all nonsense --- The key points: get in early, dare to go all-in, be willing to sell — these three are enough

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RuntimeError

· 2025-12-28 02:35

Honestly, this is the most heart-wrenching part—it's not the smartest people who make the most money. This guy was accumulating at a low point on 519, 2020. If it were me, I would have sold early. Cleared out at 58,000, sold ETH at 4,400—truly impressive. I wonder how many can make such a decision. I have to give a thumbs up to the leverage part; too many people got wrecked by leverage. The key is patience. Most people can't wait that long. Imagine how satisfying it must have been to get 38.51 million, and then still be able to play with 8.51 million... Indeed, cyclical money is much more comfortable than intraday money. There's no doubt about that.

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ChainMelonWatcher

· 2025-12-25 13:50

Buying the dip in 2020 at 519 really took courage; most people were scared away at that time. Early exit is the real winning strategy. Clearing at 58,000 and reducing positions at 4,400, it was a tight squeeze. What happened to all those people who borrowed money to trade cryptocurrencies? No need to even think about it. The sense of cycle needs to be proven through actual practice; just listening to lectures is useless.

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Rugpull幸存者

· 2025-12-25 13:50

Honestly, I've seen through this routine a long time ago, it's just good luck that caught the cycle, and people hype it up as some kind of trading strategy. If you ask me, the key is no leverage and no borrowing, in other words — having enough capital to gamble with. I just want to ask, during the low point in 2020 when I was accumulating, did I really not panic? That was the real test. But there are indeed some valuable lessons, at least I didn't get wiped out by a crash like the 519 drop, which is worth noting. Is Bitcoin really that simple? Feels like something important is missing. The timing of getting out at 38,851, that’s the most impressive part of the whole story, the decision at 58,000 that outperformed 99% of people.

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LayerHopper

· 2025-12-25 13:50

This guy is really ruthless, wiped out all 58,000, I was still sleepwalking back then. The hardest part of making money isn't bottom fishing, it's daring to sell. I respect not borrowing money; many people are ruined by leverage. More than half of the 38.51 million has been pulled out, this is the right way to play, not everyone has the same resolve. Speaking of which, understanding the cycle thoroughly can really change your fate, it all depends on whether you're willing to take action or not.

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DAOdreamer

· 2025-12-25 13:49

Really didn't expect to make so much, but I definitely don't recommend borrowing money. It's all about having the right mindset with hard drives. I'm still regretting selling at 558, haha. Wait, is the 38.51 million he mentioned real or not? Accumulating at low points really requires resolve; most people can't do it. The key is to understand the market trends; don't operate blindly. These days, there are many stories of getting rich quick in the crypto world, but few actually come to fruition.

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ProofOfNothing

· 2025-12-25 13:37

Honestly, I've heard this theory too many times. The key still comes down to execution. I agree with not borrowing money or leveraging. I've seen too many stories of margin calls and liquidations. But clearing everything at 58,000? I feel like it's a hindsight move. The real challenge isn't knowing these principles; it's not getting swallowed by FOMO during the market's craziest moments. 38.51 million is just a number. Once it lands in Shenzhen, will it be maintained? Cycle trading is profitable, but who can really hit the precise timing?

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