Bought a house outright at 32! From losing 200,000 and having just 30,000 left to making 200x: Four hard-earned rules from a 10-year crypto veteran
Hey everyone, I’m Zhuque, born in 1993. I’d just looked up the US nonfarm payroll data when I realized we’d switched to standard time again. Looking back, I managed to buy a house outright at just 32. I earned it all by spending 10 years battling it out in crypto, putting real money on the line. Honestly, when I first got in, I had 200,000 in starting capital, but I could never keep my hands off the trades. At my lowest point, predatory market makers had taken nearly everything, leaving me with less than 30,000. Anyone who’s been through the despair of staring at charts all night knows exactly what I mean.
Later, by learning through trial and error and reviewing my trades, I slowly pulled myself out of the hole. My biggest win came early this year, when my core position grew to 200x. I also remember helping a female follower in Kuala Lumpur get out of a losing position in ZEC worth 480,000 USDT.
There was market momentum and luck involved, but also the risk of liquidation that I gritted my teeth and endured. Now I’ve settled down, and I don’t plan to push myself as hard as I used to. I just want to share some of my practical experience with my followers here. Go easy on me if the writing isn’t great!
Here are four ironclad rules I learned over 10 years—and a lot of real money. I’ll share them in order, because every one of them could save your life:
First: Don’t chase every rising coin like a “headless fly” in a bull market.
You buy whichever coin is surging the most? Chances are you’ll end up buying at the top and holding the bag!
Second: Don’t focus only on what’s “new” and “cheap.”
New stories can be exciting, but older projects can still have plenty of upside. Instead of listening to big-name influencers on social media chanting slogans, I now look at what a project actually does. Whether its trading volume can sustain it is the most honest indicator; everything else is just talk.
Third: Understand market cycles, but don’t be rigid.
When the market is scorching hot and even the security guard downstairs is asking what coin to buy, you need to have one thing figured out: When am I going to sell?
Fourth—and the most important rule of all: Never believe the “100x coin” myths about the primary market!
If someone tells you to buy a token in the primary market, chances are they’re just looking to send it to zero. With no liquidity, even if you make money on paper, you won’t be able to sell without buyers. More than 90% of the tokens are in the project team’s hands. They can move a finger, and no matter how much money you put in to play against them, you’ll be left with nothing!
My approach isn’t clever: I just avoid chasing every hot trend and stick to my own pace. There are always opportunities in the market; the question is whether you can protect your capital long enough to have a chance to grow it!#大非农公布
Hey everyone, I’m Zhuque, born in 1993. I’d just looked up the US nonfarm payroll data when I realized we’d switched to standard time again. Looking back, I managed to buy a house outright at just 32. I earned it all by spending 10 years battling it out in crypto, putting real money on the line. Honestly, when I first got in, I had 200,000 in starting capital, but I could never keep my hands off the trades. At my lowest point, predatory market makers had taken nearly everything, leaving me with less than 30,000. Anyone who’s been through the despair of staring at charts all night knows exactly what I mean.
Later, by learning through trial and error and reviewing my trades, I slowly pulled myself out of the hole. My biggest win came early this year, when my core position grew to 200x. I also remember helping a female follower in Kuala Lumpur get out of a losing position in ZEC worth 480,000 USDT.
There was market momentum and luck involved, but also the risk of liquidation that I gritted my teeth and endured. Now I’ve settled down, and I don’t plan to push myself as hard as I used to. I just want to share some of my practical experience with my followers here. Go easy on me if the writing isn’t great!
Here are four ironclad rules I learned over 10 years—and a lot of real money. I’ll share them in order, because every one of them could save your life:
First: Don’t chase every rising coin like a “headless fly” in a bull market.
You buy whichever coin is surging the most? Chances are you’ll end up buying at the top and holding the bag!
Second: Don’t focus only on what’s “new” and “cheap.”
New stories can be exciting, but older projects can still have plenty of upside. Instead of listening to big-name influencers on social media chanting slogans, I now look at what a project actually does. Whether its trading volume can sustain it is the most honest indicator; everything else is just talk.
Third: Understand market cycles, but don’t be rigid.
When the market is scorching hot and even the security guard downstairs is asking what coin to buy, you need to have one thing figured out: When am I going to sell?
Fourth—and the most important rule of all: Never believe the “100x coin” myths about the primary market!
If someone tells you to buy a token in the primary market, chances are they’re just looking to send it to zero. With no liquidity, even if you make money on paper, you won’t be able to sell without buyers. More than 90% of the tokens are in the project team’s hands. They can move a finger, and no matter how much money you put in to play against them, you’ll be left with nothing!
My approach isn’t clever: I just avoid chasing every hot trend and stick to my own pace. There are always opportunities in the market; the question is whether you can protect your capital long enough to have a chance to grow it!#大非农公布
