#数字资产市场洞察 My friend Xiao W invested 20,000 yuan into the crypto market at the beginning of last year, with dreams of doubling his money. But what happened? He lost 6,000 yuan in just two weeks—blaming it on chasing high-priced small coins.

Seeing this, I decided to give him a lesson. First, it was about allocation strategy: 50% mainstream coins, 20% secondary mainstream coins, 30% cash reserves. Having a plan alone isn’t enough; I started teaching him real trading techniques.

How to draw trend lines? Where to find historical dense zones? Why must he only try small positions when bouncing off support levels? I repeatedly told him: only when the price revisits support and volume shrinks is it a signal to act. If the support is broken by more than 3%, stop-loss must be executed immediately—no hesitation.

By March, mainstream coins dropped near the 20,000 mark, and Xiao W was terrified. I asked him to look at the weekly chart to review historical data and told him: the most panic-stricken moments are often the cheapest. Although he was still a bit skeptical, he forced himself to buy 3,000 yuan worth, setting a stop-loss at the same time.

Over the next four months, the market fluctuated sideways. Xiao W couldn’t sit still every day, constantly wanting to trade. I gave him a strict order: check the market only once a week, and avoid touching unfamiliar altcoins. So he endured, and time passed.

At the start of this year, the market rallied, and coins reached 30,000. Xiao W wanted to go all-in again. I stopped him: first, withdraw your principal, then trade with the remaining profits. This decision saved him—when the market pulled back to 25,000 in April, he finally understood what risk control really means.

In May, the coin price broke through 40,000. Xiao W sold in batches according to plan, not only recovering his previous losses but also earning over 10,000 yuan. Now he often says: making money isn’t about watching the market every day or trading frequently, but about learning patience and waiting.

This experience made me realize a truth. Stories of overnight riches are never lacking in the crypto world, but what’s truly missing is respect for the market. Protect your principal from liquidation, manage risk with scientific methods, and accumulate gradually—that’s the secret to surviving long in this market.

The biggest mistake beginners make is thinking they’ve figured out the patterns. In fact, finding the right mentor, following the right approach, and sticking to discipline are more important than anything else.