After years of struggling in the world of Crypto Assets, I have gone through a journey from fanaticism to despair, and then gradually to a state of calm. Today, I will divide my investment career into four stages and share with you, hoping to advise those who come after.

Entering the Crypto Space (2016-2017): The young and inexperienced do not fear tigers, yet they get lost in the bull market.

Although I encountered Bitcoin as early as 2013, I truly entered the market in 2016. Starting with 100,000 yuan, I happened to catch the big bull market of 2017. Looking back, I knew nothing about the technology at that time and purely relied on luck.

Two projects stand out in my memory: one is GXS, where I participated in the private placement with two bitcoins (approximately $12,000 at that time) and received a return of 3 million yuan upon listing; the other is NEO (formerly Antshares), where I bought 10,000 coins at a price of 1 yuan each, and at its peak, it rose to over a thousand yuan, making me worth over ten million just from this project.

At that time, I was proud and complacent, considering myself a 'destined winner', even fantasizing about 'setting a small goal first, making one hundred million and then stopping'. However, the market ruthlessly gave me a wake-up call—when the bull market receded, the small coins in my hands plummeted, and my once ten million fortune evaporated in an instant.

Now I finally understand: the profits at that time were not due to individual ability, but rather benefited from the overall market boom. When the market environment changes, investments lacking solid support are bound to suffer heavy losses.

Reflection and Rebirth (2018-2019): Reflection after Falling, the Market Never Shows Compassion

After suffering a heavy blow, I began to reflect deeply. I realized that in this rapidly changing market, blindly following trends and making emotional decisions are fatal. I started systematically studying blockchain technology and financial knowledge, striving to enhance my analytical skills and risk management awareness.

At this stage, I have learned to control my greed and established a more rational investment strategy. I no longer chase every hot trend, but instead focus on a few projects that I truly understand and believe in. At the same time, I have also begun to pay attention to the fundamentals of projects, rather than just short-term price fluctuations.

After going through all this, I deeply realize that in the Crypto Assets market, success requires not only luck but also continuous learning and careful decision-making. Only by constantly improving oneself can one stand firm in this field full of opportunities and risks.