#数字货币市场回升 Today I opened my phone, and the screen was filled with news like "crypto world crash", "epic big dump", and "Bitcoin drop to zero", creating a panicked atmosphere. My fren next to me was so flustered that he was ready to immediately clear all his Position.

Such scenes have occurred at least five times in my investment career, and I am no longer surprised.

The most impressive thing was in March 2020 during the early days of the pandemic, when the cryptocurrency market experienced a big dump of 30% in a single day, and the rhetoric of "Bitcoin drop to zero" was everywhere. At that time, I held $BTC worth 100,000 yuan, and my heart rate soared to 120.

But I recall the mistakes I made in 2018 - that year I believed in the saying "the bear market has no bottom," rushed to cut my losses, and as a result, six months later the market rebounded, and I missed out on a potential profit of 150,000 yuan.

This time I stayed calm and took two steps:

1. Analyze the macro environment: The United States does not have systemic risks like the 2007 subprime mortgage crisis, and there are no factors domestically that could trigger a market collapse. Most "bearish" comments are likely just a result of overly amplified emotions.

2. Assess different coins: There are indeed many altcoins that lack substantial value. I once invested in a new coin that was hyped to 5U, and now it has fallen to 0.3U; such asset collapses are inevitable. However, $BTC and $ETH have long-term capital support, which is completely different from those coins that lack value.

In response to my fren's concerns, I shared two pieces of advice:

✅ First, stay away from altcoins and firmly hold $BTC and $ETH
, as these two cryptocurrencies have good liquidity and capital foundation. Selling during panic is often the most unwise decision.

✅ Secondly, always maintain an appropriate Position, leaving at least 30% in cash.
If the market continues to fall, you still have funds to buy the dip; if the market rises, you won't miss out completely.

It turns out that the market is gradually recovering this week, and the $ETH I hold has increased by 15%. My fren also avoided losses from cutting losses at the lowest point by following these two pieces of advice.

Frankly speaking:

Whenever the "big dump rumors" are the most rampant, it is often when certain investors want to collect positions at a low price.

The most common mistake beginners make is to act blindly as soon as they panic. Investors who can truly profit in the market always analyze the fundamentals first and then treat different assets differently. Staying calm and waiting a little longer during moments of panic is much wiser than hurriedly selling.

I grew my investment of 100,000 yuan to a profit of 20 million yuan over seven years, never relying on following the crowd in panic, but adhering to one principle—when others are greedy, I remain cautious; when others are fearful, I take action.