At the beginning of 2019, I entered the Crypto Assets market with 80,000 yuan, coinciding with the end of the Bear Market, when the Bitcoin price hovered around 3,000 dollars. At that time, the people around me advised me not to invest in this "eyewash". However, after several years of struggles, my account has risen from 80,000 yuan to a level in the millions. This is not due to luck, but rather the experience summarized from the ups and downs of the market and the analytical skills cultivated over time.

My investment philosophy is centered around "respecting the market and sticking to the bottom line." I have set strict rules for myself: only invest idle funds, and the position of a single coin must not exceed 30% of the total funds. In 2020, when the market experienced significant fluctuations, mainstream coins saw a daily drop of up to 40%. Fortunately, I converted half of my position into stablecoins in advance, which not only helped me avoid serious losses but also allowed me to increase my holdings at a low point, preparing for the subsequent rebound.

Technical analysis needs to be combined with market sentiment to maximize its effectiveness. I study candlestick charts carefully every day and have a good grasp of indicators like moving averages and trading volume. When the coin price breaks through a key resistance level and trading volume increases, it is usually a good entry point. Conversely, if it falls below a support level but trading volume does not change significantly, it is likely to continue to decline.

In 2021, when the price of Ethereum was around $2000, I observed that the 5-day moving average crossed above the 20-day moving average, forming a golden cross. Coupled with the bullish market sentiment, I decisively increased my position. Within less than six months, the price of Ethereum broke through $4000. However, technical analysis is not infallible. In 2022, there was a coin whose K-line pattern looked perfect, but due to severe overall market panic, I ultimately did not enter the market, and it proved to be the right decision as that coin subsequently fell sharply.

A reasonable take-profit and stop-loss strategy is key to protecting profits. I adopt a three-tiered take-profit method: when the increase reaches 20%, 50%, and 100%, I reduce a portion of my position respectively, which ensures profits while not missing potential upward space. The stop-loss strategy is stricter; if a single coin's loss reaches 10%, I liquidate immediately. There was once a time when I purchased a niche token, and it started to decline right after buying. When the loss reached 10%, I decisively sold, and shortly after, that token plummeted by 80%. Looking back, I still feel a sense of dread.

In the years I've been navigating the digital currency market, I've witnessed many people become rich overnight, as well as many who went bankrupt in an instant. There are no shortcuts from 80k to 10 million. The key lies in whether one can stick to their principles and continuously improve their analytical skills, staying clear-headed when others are greedy and finding opportunities when others are fearful. This market is ever-changing, and those who can stand the test are often the ones who can endure.