Eight Years of Rise and Fall in Crypto: The Blood-Paid Lessons No One Wants to Talk About

Hey guys, I am Nam. Today, I won’t talk about charts, waves, or analyze any projects. I just want to sit back, brew a cup of tea, and share some raw truths about crypto – things only those who have been around long enough truly understand. Eight years ago, I entered this market with a very simple dream: to change my life quickly. I have seen others multiply their accounts dozens of times in just a few months, but I have also been the one to see friends leave the market overnight with their accounts wiped out. Crypto is not a place to teach you how to get rich. It amplifies greed, fear, and human nature. Holding On Is True Strength The biggest mistake most investors – including my past self – make is constantly jumping between coins. When the coin I hold doesn’t increase, I get impatient, sell it, and chase the hot coin. The results are usually very familiar: 👉 Newly bought coin then corrects 👉 Just sold coin then skyrockets That feeling hurts even more than a loss. The truth is: the biggest profits often come from positions that are “forgotten.” I knew a friend who bought BTC very early, then went abroad for work, almost forgetting about the account. When the next big rally came, logging in again, the amount was enough to buy a house. Since then, I set a rule for myself: If I believe in a project, I must give it a full cycle. Crypto doesn’t follow daily movements – it follows cycles. The Most Dangerous Place Is Usually the Most Popular When a coin appears in every group, forum, and TikTok video – chances are the peak is very close. 2017 was ICO. 2021 was meme coins. Every cycle is the same: latecomers pay the early ones. Real opportunities are often found in very quiet places. I once bought a project during a dull market phase, when the community was almost silent. But the team was quietly building. When the market turned around, that project became the “dark horse” of the entire bull run. 👉 The market doesn’t reward noise. 👉 The market rewards patience. Hearing Stories a Hundred Times Is Easy, Holding On Is Hard Anyone in crypto has heard stories of 100x, 200x coins. But honestly ask yourself: If a coin increases by 20–30%, would you dare not to sell? Many people sell too early. Not because they are wrong in their judgment, but because they can’t handle the volatility. I knew a guy who made millions from BTC, but because he wanted more, he didn’t take profits. A sudden reversal overnight wiped out all his gains. Now he’s still in the market, but no longer dreaming of quick riches. Crypto taught me one thing: Making money isn’t winning – holding onto it is winning. Before entering a trade, always calculate the profit-loss ratio I no longer trade based on emotions. Every decision revolves around one question: 👉 If right, how much do I make? 👉 If wrong, how much do I lose? If the risk isn’t worth it, I stay out. The market always offers new opportunities. But once your capital is gone, it’s very hard to come back. Fear of missing out isn’t as scary as burning your account in a bull market. Bull Market and Futures: Don’t Stand Under a Tree During a Thunderstorm Playing futures in a bull market is like standing under a tall tree during a thunderstorm. You might not get struck immediately, but sooner or later, you will. Indicators, win rates, “fail-proof” strategies – mostly only work when the market allows. When big volatility hits, everything collapses very quickly. I paid a high price for a “sure-win” strategy. Just one unexpected news, and my account was wiped out in minutes. Since then, I’ve almost avoided high leverage when the market is euphoric. Projects That Survive Winter Will Have Opportunities When Spring Comes 90% of the time, the market moves sideways or down. 10% of the time, it goes up – but those 10% create wealth. Projects that continue to build seriously during bear markets are worth watching. When the flow of money returns, the market only cares about results – no one cares how much you endured during winter. Small Capital and Large Capital Cannot Play the Same Way Small capital wants rapid growth and must accept higher risks. Large capital prioritizes preservation. My approach: Hold some BTC, ETH as a foundation Allocate some for promising projects No all-in. No “one shot.” People who always go all-in are usually the first to leave. Making money in a bull market isn’t hard – withdrawing at the right time is the real challenge. Conclusion Crypto is a game of perception. It’s not about luck, and certainly not about blind greed. The longest survivors are usually those who: Can handle loneliness Control their emotions Understand that slow and steady wins the race Crypto offers opportunities, but it’s never an easy path. 👉 Learning, discipline, and patience – that’s the greatest assets you can carry throughout your investment life. If you need, I’m still here – sharing real insights, real perspectives, so you can go further and safer in this market.