I've been in the circle for eight years, experienced two complete bull and bear markets, seen people get rich overnight, and also witnessed the despair of wiping out their entire wealth. Newcomers often ask me what the secret to making money is, but I never talk about any wealth secrets. The truth is, the harshest secret in the crypto world is actually very simple — it's not about making money quickly, but about surviving longer.

Let's not talk about mystical technical analysis first. I'll share a few down-to-earth methods that have allowed my principal to multiply a hundredfold and still stay steady.

**The crazier the market, the clearer your mind needs to be**

During market surges, all groups are crying about missing out. But my feeling is this: a slow rise with a correction not exceeding 10% is healthy. If it jumps 20% in one day and then crashes, nine out of ten times it's the main players harvesting.

I've fallen for this myself. During the 2021 Dogecoin rally, FOMO was overwhelming, and I chased to the top. That pain taught me a rule — when impulsive, definitely don't act. Better to miss this time than get caught at the top. Later, I realized that real opportunities appear during calm, patient waiting.

**The louder the call to buy, the faster you should run**

There's a hard rule in crypto: truly good projects don't need community hype. Those constantly shouting "tenfold coin" or "financial freedom" are usually just schemes to trap retail investors.

When I was young, I got caught by a big influencer pushing a pump, only to find out later that all their screenshots were from a simulated account. Now, when I see groups shouting "Go all-in," I just block them. Sometimes, the real gems are hidden in projects that no one pays attention to, quiet and overlooked.

**Position management is the frontline, cash reserves are the backup**

I've seen too many tech experts die because of uncontrolled positions. My strict rule is simple: never allocate more than 30% of your total funds to a single coin, and always keep cash in your account.

During the 2022 LUNA crash, a buddy holding heavy lost everything overnight. I only suffered minor damage because I diversified my positions and kept cash reserves. Trading with a backup plan changes your mindset, and improves decision quality.

Over these eight years, I've seen many stories of "inevitable wealth" and also witnessed too many tragedies of "wiped out overnight." The ones who survive and keep playing are often not the bravest, but those who treat risk seriously. The crypto world is like that — you can die from greed or from fear. The secret to lasting longer is finding a balance between greed and caution.