#数字货币市场洞察 The crash at 3 a.m. became the starting point of my crypto journey.

It was the deep winter of 2016. BTC dropped straight from 8,000 to 5,550. I was staring at the screen, my hands shaking. My monthly salary was less than 7,000, my account balance just over 30,000—not even enough for next month’s rent.

Back then, my best friend told me: “Stop dreaming about getting rich overnight. First, figure out how not to die.”

In the end, I still put in 20,000 to enter the market. Honestly, after that, the market taught me some brutal lessons. But after eight years, I’ve realized one thing—there’s no such thing as natural talent in this space. Every lesson is paid for with real money.

The most important rule: if the price slowly climbs after a sharp drop, it’s usually a bull trap; if it drops steadily for a long time then suddenly surges, that might actually be real.

In 2020, $UNI fell to $2.5, and everyone in the market was wailing that the project was doomed. I stuck to one principle: buy every time it drops 20%. After three months of grinding, I averaged my cost down to 3.1. The next year it shot up to $40, and I decisively cashed out. That 12x return is still fresh in my memory.

The two most dangerous market conditions: when it’s too hyped, and when it’s too dead.

When Dogecoin hit the trending topics, I checked on-chain data and saw trading volume was dropping, so I pulled out immediately. Three days later, it really got cut in half. When BTC was flatlining at 3,200, I did a daily DCA of 100 USDT, and over half a year, I lowered my average cost and caught the entire rally afterwards.

Before my best friend left the space, she said: “The crazier the market gets, the calmer you need to be.”

That’s why I have four words posted on my trading app now—When in doubt, stop.

As long as your principal is intact, your future is intact.