#美国提高关税 Years ago, during the time when the company collapsed, I was left with 50,000 yuan, wandering around the trading platform every day but too scared to take action. In the end, with a firm resolve, I bought 8 Bitcoins at a price of 6,000 each—honestly, I didn't think too much about it at the time, I just felt that since it had come to this, I might as well give it a shot.

The market came unexpectedly in the second year. Bitcoin multiplied more than ten times throughout the year, and when my account balance soared to 800,000, I felt like I was floating. I was staring at the market until two or three in the morning every day, with my mind filled with "just one more wave of growth and I'll be financially free." As a result, in 2018, the market halved directly, and my account balance fell back to 180,000. I stared at that string of numbers all night, only to realize that unrealized gains are worthless if not pocketed.

After that, I completely changed my approach. Since 2020, I stopped chasing trends and diligently studied mining and DeFi protocols. After three years, my account has stabilized around 3 million. Now, there are always people asking me what hundredfold coins I've caught. In fact, what I want to say is—surviving in the crypto world is much more important than making quick money. Here are a few life-saving experiences I've summarized from these years of struggles, and today I am sharing them from the bottom of my heart:

**Preserving the principal is victory.** During the chaotic days of altcoins in 2021, I bought a token that rose 50%, and I immediately withdrew my principal. Later, it fell 90%, but I still made a profit. There are plenty of opportunities in this market, but if you lose your principal, you are completely out of the game.

**Only touch things I can understand.** Whitepapers, team backgrounds, token models, if I can't understand one of them, I won't touch it. I completely avoided the IEO craze in 2019 and escaped the ensuing mess; in the six months before the Layer2 surge in 2021, I spent time researching flexible sidechain technologies like SKALE and invested heavily in advance to reap several times the returns.

**Position management is more useful than bottom fishing and top escaping.** I now consistently use "6211 allocation": 60% is invested in fundamental assets like Bitcoin and Ethereum, 20% is allocated to mainstream public chains, 10% is for exploring new tracks, and 10% is kept in cash for emergencies. No single coin should exceed 15% of the position; during the worst bear market, I only retraced 12%.

Bitcoin recently fell from 126,000 to 94,000, and a bunch of altcoins were directly halved. It is during times like these that the value of these rules becomes apparent. In a bull market, control your hands; in a bear market, dare to stock up. The ones who truly make money are never the gamblers, but those who understand how to use rules to counteract cycles. The market changes every day; protect your capital and your principles, and in the next bull market, you too can turn your situation around.