
金狗王|Jun 16, 2025 12:02
Today is June 16, 2025, and I came across @ xtony1314 @ Imlaomao @ BTCDayu's mention of what makes big money (over 100 million) in the cryptocurrency industry: luck, courage, and cognition.
I thought of myself. In 2017-2018, I made tens of millions from a starting point of several million, and then went from peak to bottom during a bear market without cashing out (by not exchanging Bitcoin/u for knockoff, and returning to zero) and experiencing contract liquidation. Then, relying on meme Tugou to earn over ten million from hundreds of thousands, and then returning to zero again due to the same Tugou not exchanging Bitcoin/u and the contract being liquidated.
Looking back on my experiences over the years, I can't help but sigh: Is making big money really a matter of fate?
yes!
Just like Xu Guanjie's song: Sometimes in life, there must be something, and when there is no time in life, don't force it.
Tony said (including the example of boiling eagles) that the key to sudden wealth in the cryptocurrency industry is not technology, but courage and mentality, daring to gamble and luck. The generation/class of old cats have seized Bitcoin, understanding, trends, and opportunities.
And I have achieved good results multiple times, but have returned to zero again. Nowadays, I have a calm mindset and only want to earn the money I deserve, live well in the cryptocurrency industry for a long time, and live my own life well. That's enough.
1: Courage determines height, the survival philosophy of the cryptocurrency industry
Tony bluntly stated in his post (https://(x.com)/xtony1314/status/193450972283558539) that the core of making big money in the cryptocurrency industry is "courage".
Tony believes that for wealth accumulation exceeding one billion, technology is almost irrelevant, and the key lies in the mentality of not treating money as money. This mentality requires traders to remain calm in the face of huge retracements (such as 20% of tens of millions), which is almost impossible for ordinary people. He gave an example, a person named "Little Leek in the Coin Circle" went from 8 million to 170 million, but ultimately only had 2.6 million left due to carrying orders, relying on an attitude of "not caring". And this kind of 'not caring' often stems from confidence - either supported by other wealth, or naturally bold geniuses like 'Hangying' or 'Liangzi'.
Tony admitted that even he himself "dare not play" with billions of funds and can only "play" with a small amount of 1KW (about 10 million). This made me ponder deeply: I have had similar peak moments before, but due to greed and a disordered investment system, I ultimately lost all my principal and even had debts.
Courage is not only the key to sudden wealth, but also the touchstone of sustained success.
It is precisely this reckless courage that enables contract trading battles like those of Hangying and Liangzi to achieve great results in the cryptocurrency industry. Their success relies not only on luck, but also on their grasp of the market rhythm and their ability to withstand their own risks.
In contrast, my several tens of millions of profits largely relied on the one-sided rise of the market as a "ride". When the market turned, I lacked sufficient psychological preparation and financial management skills, resulting in a complete defeat.
The cryptocurrency industry is not a paradise for technicians, but a battlefield for daring individuals. At the same time, we must be vigilant and hold onto our profits/cash out after making profits.
2: My journey in the cryptocurrency industry, from fanaticism to calmness
My first encounter with the cryptocurrency industry was during the bull market in 2017, when I entered the market with capital earned from Huawei. I initially tried several hundred thousand and increased it to about 3 million. With the timing of my entry and the opportunity for an ICO, I managed to increase my funds tenfold in just over six months, reaching tens of millions. This allowed me to taste the sweetness of sudden wealth and ignited my ambition to earn even more money.
In 2019-2020, I seized another opportunity and successfully earned nearly 20 million in a short period of time by playing with meme coins such as Shib Pig Doggy Raca with less than 500000 principal. At that moment, I felt like a "genius" in the cryptocurrency industry, fantasizing about billions of dollars in wealth just around the corner.
However, wealth comes and goes quickly. The first ten million profit was gradually eroded during the market fluctuations of 2018-2019. I tried to use greater leverage to recover the loss, but it returned to zero in each successive plunge. The second multi million dollar wealth was wiped out in the bear market of 2022-2023. Due to overconfidence, I held high multiples contracts across my entire portfolio, became a die hard long guard, and ultimately returned to zero.
Nowadays, I have very little capital and my mentality has turned from fanaticism to exhaustion. I began to doubt: Is making big money really destined?
Looking back at my trading history, I found that the problem lies in the lack of scientific fund/position management. Profit and loss come from the same source! Having courage and good luck means going to heaven, while having courage and bad luck means jumping off a building. And my problem is that I lack a stable global investment system and am always influenced by emotions, which is too presumptuous.
3: Starting from scratch, the hope of rebuilding wealth
I no longer have the capital and confidence I had before, but I am unwilling to give up and leave the cryptocurrency industry.
The rules of the cryptocurrency game are cruel, but also full of opportunities.
I can only start from scratch now, gradually accumulating capital with small gains.
Given the limited capital currently available, we have combined small investments with big investments. As long as it's not illegal and you're willing to do it yourself, go and make money. Focus on finding opportunities to expand from small to large. Although I cannot become rich overnight, I can seize multiple opportunities to gradually increase my chances of winning and accumulate capital. But sometimes, I have to be like an eagle, I need to take a portion of the funds, increase the leverage appropriately, and make a big bet on a hundred fold contract at key points.
In the past few years, I have had short-term glory in the cryptocurrency industry on paper, but I have lost more (money, family, health). There are many things that only one understands after losing. Nowadays, I hope to earn income and improve my life through trading methods that suit me.
The sudden wealthy in the cryptocurrency industry often catch up with market bull markets or major trends, and my two million dollar profits cannot be separated from the trend. However, luck is not completely uncontrollable. The success of boiling eagles shows that those who dare to bet and seize opportunities are more likely to be favored by fate.
Although courage is crucial, it does not deny the importance of cognition, technology, and mindset. Wherever your attention is, your harvest is there.
The journey of the cryptocurrency industry is like a big gamble, full of ups and downs. I once earned millions from millions, and then went from a loss of millions to zero; I was once full of ambition, but also fell into despair. But as Tony said, courage and opportunity are the bridge to wealth, and I am willing to start over from scratch.
The cryptocurrency circle is both my battlefield and my classroom. I believe that as long as the mentality is correct, luck will always favor those who work hard, with small gains and steady progress. In the future, I will not only rebuild my wealth, but also find balance in my life.
Pain is the only way to enlightenment. Only by personally stepping on the pit, experiencing the pain and suffering, losing all hope, persevering and enduring, and fully realizing in the desperate situation, can one regain a new life.
It's been too long since I wrote a long article. Today, I'm inspired and hope to have a "life" to regain a new life and even reach new heights.
btc eth sol
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink