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#以太坊行情解读 36-Year-Old Seer Entrepreneur's Crypto Comeback: 4 Iron Laws Behind a Debt of 29.8 Million
From a salaried employee earning 1.8-2.5W per month to an investor with over ten million in debt—my turnaround story begins with a clear realization: relying on a fixed salary to make a down payment is simply not realistic. Only by riding the big cycles can an ordinary person find the only way out to reverse their fortunes.
When I first entered the crypto space in 2017, I was still inexperienced, but the market surge in 2020 completely changed my destiny.
**Logic Behind Key Decisions**
In early 2020, I decided to bet everything I had: main holdings in $ETH, with altcoins outside of $BTC as foundational assets, and some promising small coins for gains. Many people choose to reduce their positions during market volatility for safety, but I thought differently—every dip is an opportunity to buy low. During the massive crash on 519, while retail investors were panic-buying the dip, I precisely cut losses at the low. This isn’t gambler’s mentality, but an understanding of cycles.
Three strict disciplines supported me to survive until the end:
- Leverage is great; I don’t know what risk is
- Financing plus principal is clever; losses aren’t just from my own savings
- Always chase hot spots at high points; I don’t want to be trapped at the top
**Decisive Clearing at the Market Top**
By 2021, the market was in a frenzy. $BTC broke new highs approaching 56,000, and I saw this as a top signal, so I started gradually selling most of my holdings. At the same time, $ETH rose above 4100, and I gradually cashed out at that level.
The result proved that was the closest point to the top.
The loss ultimately settled at 29.8 million. I didn’t continue to go all-in on the next cycle’s dreams; instead, I looked for ways to pay off debt: sold a house I bought in Shenzhen for 8 million, used 16 million in bank savings earning stable interest to pay off some debt, but still owed 5.8 million—please help me figure out what to do.
**The 4 Core Points to Making Money**
First, principal cannot be saved up by myself. The biggest advantage of crypto is borrowing money to play; every retracement can lead to liquidation, so if I lose, others lose too—what’s there to fear?
Second, avoid high certainty trades. Time is the most expensive resource; better to operate more and wait less. Ten precise but wrong trades are better than one precise but wrong trade.
Third, be greedy. When you see profits, want to double again—resulting in liquidation. Taking profits and walking away is pure nonsense.
Fourth, make money intraday. Market cycles drain your energy; only intraday trading can be the ATM for ordinary people. The hourly gains of $BTC and $ETH are far more stable and stimulating than daily charts.
Many in crypto dream of getting rich quickly, but those who can truly cash out are always those who understand patience, dare to blow up during panic, and decisively go all-in at key moments. The more tempting the trend, the more you should act—this is the DNA of winners.