#BinanceABCs In the cold morning of 2016, I watched helplessly as BTC plummeted from 8,000 yuan to 5,550 yuan.



My account was left with only 30,000 yuan, and I still had no rent paid. My friend Lao Zhou called me: "It's dropping so sharply, it's an opportunity." I trembled and transferred 20,000 yuan—this one move changed my next eight years.

Now Bitcoin has stabilized at $90,000, but I still remember those sleepless nights of losses vividly.

In the crypto world, there are no gods; every lesson learned comes at a real cost. After eight years of ups and downs, I finally see some patterns:

**Fast drops with slow rebounds? Most likely, it's the market manipulators laying out their plans. True upward trends usually follow a period of slow decline and then a sudden surge in volume.**

When UNI crashed in 2020, I used this strategy to buy in stages, and the next year, it multiplied 12 times.

The market is most afraid of only two scenarios—either too hot or too dead. In 2021, when Dogecoin was being frenzy-driven by the masses, I chose to cash out, avoiding the subsequent halving; during the half-year sideways movement of BTC in 2018, I persisted with dollar-cost averaging and eventually caught the main upward wave.

Before Lao Zhou left the market, he said something I still remember: "The crazier the market, the clearer your mind needs to be."

I keep a note next to my trading software: If you're unsure, don't act.

The crypto world is never a casino. Those who survive till the end are always those who protect their principal and control their emotions.

Eight years of experience boil down to these three bottom lines:

**Don't fear the fall; fear is that after falling, you're no longer in the game;**

**Don't be blinded by the excitement of the market; rules are what truly belong to you;**

**Don't dream of getting rich overnight—just remember to stay at the table.**

Stay alive first, and the money will come naturally. $ETH
BTC-0,67%
UNI-4,44%
DOGE-5%
ETH0,1%
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BloodInStreetsvip
· 14h ago
During the 2008 financial crisis, my dad was still losing money, now my son is losing in the crypto world... this gene is truly hopeless.
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ForkThisDAOvip
· 14h ago
Really, that hits too close to home. I also experienced those sleepless nights. Now it sounds like a joke, but at the time it was truly life-threatening.
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RooftopReservervip
· 14h ago
Old Zhou's words are spot on; the crazier the market gets, the clearer the mind becomes.
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consensus_failurevip
· 14h ago
Really, that line "The crazier the market, the clearer your mind should be" really hit me, old Zhou's buddy is right. But to be honest, I was also quite scared during the 2016 wave, just not with such a ruthless mindset... The most painful part is not being on the field after a decline; that's where many people have lost it.
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gas_fee_traumavip
· 14h ago
Really, I was also there during the 2016 wave, still feeling like I'm sleepwalking.
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KatyPatyvip
· 14h ago
thank you for the information
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APY追逐者vip
· 14h ago
Old Zhou's words are truly amazing. How many people can still do that nowadays?
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Andrii31vip
· 14h ago
HODL Tight 💪
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