In the end, I put all my bets on buying 8 bitcoins at an average price of 6,000 yuan — this was my last lifeline.

In 2017, Bitcoin began a crazy bull market, soaring by 1700% throughout the year, and my account skyrocketed to 800,000.

Staring at the flashing numbers on the screen, I spent sleepless nights thinking that financial freedom was within reach. But in 2018, the bubble burst, and the total market value of the crypto market shrank by 70%, causing my balance to plummet to 180,000. That night, I finally realized: unrealized gains are just numbers; actual cash is what matters.

In 2020, I completely bid farewell to chasing highs and lows, turning to mining and deepening my involvement in DeFi. Three years later, my account steadily holds 3 million. People often ask me how many hundredfold coins I've caught, and I smile and answer, 'The core of surviving in the crypto world is risk control.' Here are the three iron rules distilled from 8 years of blood and tears, shared with you today:

First Iron Law: Breaking even is making money; as long as you have capital, you have opportunities.

During the altcoin frenzy in 2021, I followed the hype and bought a certain token, which surged by 50%, and I pulled out my principal immediately. Later, it crashed by 90%, but thanks to 'profits running,' I still had gains. The crypto space is never short of opportunities, but if your capital is gone, you’re completely out.

Second Iron Law: Only earn from what you understand; your knowledge determines your profit.

Whitepapers, teams, tokenomics—if you don’t understand any of these, just walk away. During the IEO craze in 2019, I stayed put and avoided the subsequent crash; before the rise of Layer 2 in 2021, I spent six months deeply researching projects like SKALE and their elastic sidechain technology, heavily investing and reaping multiple rewards.

Third Iron Law: Position size is more important than timing; diversification is your safety net.

I stick to the '6211 Rule': 60% in Bitcoin and Ethereum (which hold over 65% of the market cap) as my ballast; 20% in major public chains; 10% experimenting with new tracks; and 10% kept as cash for emergencies. No single coin should exceed a 15% position, which helps me limit my drawdown to just 12% in a bear market.

Now Bitcoin has dropped from 126k to 94k, and altcoins have been halved, further proving the value of the iron laws. In a bull market, be restrained; in a bear market, stock up. The true winners are not gamblers, but those who navigate cycles with rules.

Back in the day, you were navigating the market in the dark, but now I've got the light shining here. Follow Old Rui and let's go 🚀🚀🚀#币安合约实盘