My old fren Xiao Wang, a 37-year-old investor from Shanghai, is known for his unique market insights. He does not chase short-term profits or believe in so-called insider information, but firmly believes that "market rules are paramount, and steady profits are king."

Seven years ago, Xiao Wang transitioned from the foreign trade industry to the cryptocurrency sector with an initial investment of 500,000 yuan. After experiencing the bear market winter of 2018 and the LUNA crash in 2022, his investment portfolio has now surpassed 50 million yuan. At the same time, he owns multiple properties in the core area of Shanghai, including a river-view apartment for personal use, a house with a garden for his parents to enjoy their old age, and three rental properties, with rental income sufficient to support the daily expenses of the entire family.

Xiao Wang often says: "The gains from virtual currency only count as truly in hand when converted into actual assets." His success stems from adhering to and practicing the following six key principles.

One of the most important points is: rationally view market fluctuations and grasp long-term trends. Xiao Wang believes that "the operation of large capital is often as delicate as spring rain." He illustrated with an example that in November last year, Bitcoin rose from $30,000 to $42,000, and although it increased by 40% in three days, the pullback each time did not exceed 500 points, and the trading volume during the pullbacks was reduced by 60% compared to when it was rising.

When many investors chose to take profits out of panic, Xiao Wang instead increased his holdings. He explained: "If large funds really want to sell, there will be increased volume during the decline. This kind of 'unable to fall' pullback is actually quietly accumulating chips." It turned out that his judgment was correct, as Bitcoin subsequently broke through to $48,000, and he also took profits in batches at the right time, earning nearly 3 million yuan from just this wave.

Xiao Wang emphasized that a gentle pullback after a rapid rise is usually a good time to accumulate, rather than a signal for panic selling. His successful experience tells us that in the cryptocurrency market, maintaining calm and rationality, and deeply analyzing market trends, is the key to seizing opportunities amidst volatility and achieving long-term stable investment returns.