#加密货币市场动态 In the autumn of 2016, the news of the company's bankruptcy poured down on me like a bucket of cold water. I counted the balance in my bank card—50k, that was all my savings. In front of the interface of a certain trading platform, I sat for a whole seven days, and in the end, I made up my mind to throw all the money in and bought 8 Bitcoins, which were 6k each at that time. To be honest, I had no idea what I was doing back then; I just felt like there was no way out.

In 2017, the entire market seemed to go crazy; my account balance skyrocketed from 50,000 to 800,000. The first thing I did every morning was check the market. During that time, I really felt on top of the world, thinking I was the chosen one. But then in 2018, a bucket of cold water was thrown over me; the market plummeted, and my 800,000 shrank to 180,000. That night, I couldn't sleep until dawn, and I finally understood a simple truth: the money on paper isn't real money; only the money in your pocket counts.

Since 2020, I have completely changed as a person. I no longer daydream while staring at candlestick charts; instead, I honestly study mining and ponder the mechanics of DeFi. I have endured for three years, steadily accumulating 3 million in my account. People often ask me which coins I have caught during their surges, and I always say: to survive in this circle, it's not about luck, it's about rules.

In the years I've stumbled, I've summarized three dead rules:

**Save your life first, then make money.** During the altcoin market surge in 2021, I bought a coin that increased by 50%, so I withdrew my principal. Later, that coin dropped by 90%, but at least I didn't lose money. This market always has opportunities, but if you lose your principal, you can only watch from the sidelines.

**Only touch what you can understand.** White papers, team backgrounds, how tokens are distributed; if you don't understand any of these, don't touch it. I didn't participate in the IEO craze in 2019, and later I was glad to see everyone else take the fall; before the Layer2 surge in 2021, I spent half a year researching the technical logic of projects like SKALE and got in early to reap the rewards.

**Decentralization is the way to go.** I have always allocated according to the ratio of 6211: 60% in mainstream coins like Bitcoin and Ethereum as a ballast, 20% in public chains, 10% to test new tracks, and kept 10% in cash for emergencies. A single coin can occupy a maximum of 15% of the position, and this habit has allowed me to only retrace 12% during the bear market.

Bitcoin has now dropped from $126,000 to $94,000, and a bunch of altcoins have halved in value, further proving that rules are more reliable than luck. During a bull market, control your hands; during a bear market, dare to accumulate. The ones who truly make money are never gamblers, but those who understand how to operate according to the rules. The market changes every day, and everyone has a chance to turn things around in the next cycle.