A friend who achieved financial freedom by trading Link coins told me

I have a friend who achieved financial freedom through cryptocurrency investment, and his comeback story is a real-life "crypto legend." Once an ordinary office worker like us, his life trajectory changed after accidentally entering the world of blockchain. Initially a "newbie" who couldn't even distinguish between Bitcoin and Ethereum, he unlocked the wealth code in the cryptocurrency market through his curiosity and adventurous spirit.

The key turning point came from the precise positioning in Chainlink (LINK). When the market's attention focused on mainstream coins in 2018, he keenly identified this potential project, which was priced at less than $1 at the time. After in-depth research and discovering its technological advantages in blockchain data oracles, he decisively invested heavily. Even when facing a 30% floating loss in his account, he held his ground, ultimately witnessing LINK soar to $30 in 2020, resulting in over $5 million in profits from a single investment.

Investment portfolio strategies are also worth referencing:

In 2021, he positioned himself early in DeFi projects like Uniswap (UNI) and Synthetix (SNX), capturing 5-10 times returns.
Strict stop-loss mechanism: After a 40% loss on a single leveraged short position in Bitcoin, he completely abandoned high-risk operations.
Established a mature risk control system, rejecting emotional trading.

Through the trials of the market, he summarized nine golden investment rules:

1. Taking profits is the way to go#

When profits exceed 30% of expectations, it is advisable to take profits in batches. The market always has uncertainties, and locking in profits in time can avoid "roller coaster" fluctuations.

2. 10% loss mandatory review mechanism#

If consecutive losses reach 10%, trading must be paused to analyze whether it is due to market environment changes or strategy errors, avoiding falling into a revenge trading vortex.

3. No trading in gray areas#

For assets with contradictions between technical and fundamental analysis, it is better to miss out than to make a mistake. Investing is not a probability game; certainty is the core.

4. Avoiding coins that surge sharply#

Coins that rise over 50% in a short period carry significant selling pressure risks; chasing highs is equivalent to actively taking over. Remember, "risks come from rises, opportunities come from falls."

5. Beware of signals from high trading volumes#

High volumes at elevated prices often indicate that major players are offloading. At this time, one must overcome FOMO psychology and strictly adhere to the "no chasing highs" discipline.

6. Timing for reverse positioning#

In weak markets, gradually accumulate quality assets; in strong markets, wait for pullbacks to enter. Grasp the counterintuitive operation rhythm of "when others are fearful, I am greedy."

7. Pyramid-style position building strategy#

Do not exceed 30% of the position for the first entry, and increase positions in a stepwise manner every 10% drop. This both averages down costs and avoids one-sided downward risks.

8. Precision strikes within the circle of competence#

Only trade familiar technical patterns (such as head and shoulders breakout) or projects that have been deeply researched. Reject blind speculation.

9. Weekly trend determines long or short#

Do not trade rebounds in a weekly downtrend, and do not trade pullbacks in a monthly uptrend. Operate in accordance with the direction of the larger cycle.

Survival maxims in the crypto market: The market always rewards rationality and discipline while punishing greed and fear. Establish a replicable trading system and maintain a "calm in the face of ups and downs" mindset to continuously accumulate wealth through bull and bear cycles.

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