I have been in the circle for more than 7 years, experienced huge rises and falls, seen many people achieve financial freedom through holding coins, and also witnessed even more people suffer total defeat in chasing gains and panic selling. Today I want to talk about some practical truths, not about mysticism, but analyzing the survival rules for ordinary investors in this market.

**The first truth: Holding steady is the biggest profit**

The most profitable are often not those who trade frequently, but those who can坚持持币. I know a friend who bought 10 Bitcoin for 2000 yuan in 2011, and later got busy and completely forgot about it. It wasn't until the beginning of this year that he remembered, and upon checking his account—this investment was now worth over 4 million. Honestly, this kind of "forgetful investment" is probably something 99% of people can't learn.

Why? Because human nature is restless.

When it rises a bit, they want to sell; afraid of missing the gains. When it drops a bit, they rush to cut losses; afraid it will fall further. Hearing that a certain new coin is about to take off, they go all-in immediately... thus, being repeatedly "cut the leeks," falling into an endless cycle of chasing gains and panic selling.

The real counterattack is exactly the opposite—defy human nature. Use spare money to invest, set a plan, then turn off market apps, or even store coins cold and isolate from the internet. For example, buy a fixed amount of Bitcoin and Ethereum every month. It may seem clumsy and boring, but in the long run, this strategy often easily outperforms short-term traders who stare at the screen every day.

**The second truth: How beginners die is how they can survive**

First pitfall—don't be hijacked by FOMO. Every day someone is talking about "hundredfold coins," but most beginners rush in and end up as bagholders. The truth is simple: early investors earn money from latecomers. When the project team releases good news to boost the price, retail investors follow suit, and the big players counterattack, causing the leeks to be harvested. This routine repeats every year, with only the names changing.

Second pitfall—beware of high leverage trading. High leverage may seem to bring quick wealth, but in reality, it often leads to rapid liquidation. Cryptocurrency volatility is already high, and leverage is playing with fire. Many people, even with substantial funds, end up permanently out after a single liquidation caused by leverage.

**Final advice**

This market is not short of stories of huge profits; what’s lacking are investors who can survive long enough. Instead of obsessing over how a certain coin can increase tenfold, think about how to preserve capital and survive until the next bull market. Regular fixed investments, long-term holding, staying away from leverage, and refusing to go all-in—these seemingly boring strategies are often the most effective.