At 38, after losing the down payment on six houses, I used a "silly method" to turn things around: The truth about making money in the crypto world for middle-aged people
Eight years of blood, tears, three bull and bear markets, from 300k to 30 million: The only strategy ordinary people can replicate
On the night of my 38th birthday, I was squatting on my balcony, the light from my phone screen illuminating my face—my account was reset to zero, the down payments for six houses, three years of salary, all gone.
My wife downstairs was still soothing the kids to sleep, I dared not make a sound, smoking one cigarette after another.
At that moment, I finally understood: in the crypto world, chasing rallies, listening to rumors, gambling on contracts is just giving money to the whales. But I refuse to accept my fate.
Now I’m 46, and I’ve turned 300k into 30 million with a "silly method." Today, I’ll share all these eight years of blood, tears, and practical tips with fellow middle-aged friends.
01 How did I lose the down payments on six houses?
Joined the market in 2016, in 2018 followed a "celebrity community," the project team kept making promises, I was passionate and invested all my available funds.
What happened? The project team held a sloppy press conference and ran away, the community disbanded, and my assets shrank by 90%.
Later, I played contracts, chased altcoins, made money and lost it, until the end of 2020 when I tallied everything: 90% of my principal was lost, leaving less than 60k yuan.
In those years, I learned the first lesson: don’t believe in get-rich-quick myths, don’t pin your hopes on others.
02 Eight years to make 30 million: the "343 Batch Investment Method"
When I was down to just 60k yuan, I calmed down. I stopped looking for the "next hundredfold coin," and instead focused honestly on Bitcoin and Ethereum. Then I developed this seemingly silly but effective method that helped me survive and turn around through three bull and bear markets.
If you have 120k yuan to invest in crypto, don’t go all-in at once. Follow these three steps:
Step 1: 30% build your position, so you can "sleep peacefully"
Only invest 36k yuan initially. Even if it drops 20% in the short term, you only lose 7,000 yuan—manageable, and your mindset stays intact. The remaining money is your reserve.
Step 2: 40% add to your position gradually, buy more as it dips
No matter if prices go up or down, operate disciplined: add to your position each time it retraces about 10%. This way, your average cost keeps decreasing. When the market rebounds, you’ll already be in profit before breaking even.
Step 3: 30% confirm the trend, use profits to bet
Once Bitcoin or Ethereum’s medium-term trend clearly turns upward (for example, stabilizes above key moving averages), add the last 30%. Remember: this is using profits to bet on the trend, not risking your principal on the direction.
It’s that simple. No guessing tops, no bottom fishing, no leverage. Over eight years, this method helped me survive the 2021 May 19 crash, the 2022 bear market, and the big correction in 2025.
03 Three "life-saving rules" for middle-aged people
① Never touch contracts
Leverage over 5x is gambling. I’ve seen too many people wipe out overnight, including myself once.
② Don’t believe in "hundredfold coin stories"
Seeing others get rich fast is just survivor bias. 90% of altcoins eventually go to zero. Keep 70% of your position in Bitcoin and Ethereum, and the remaining 30% can be used to chase hot spots, but don’t feel bad if you lose.
③ Learn to "exit cyclically"
Crypto markets cycle roughly every four years. When housewives and delivery guys start talking about coins with you, it’s time to leave. I lost 90% on EOS because I was too faith-driven and didn’t know when to run.
Final words
This "343 method" won’t make you rich overnight, but it can help you survive in this predatory market and steadily make money.
I’m 46, not as quick as young people, and I don’t have the latest news from whales. But I believe you can do what I did.
Remember: living longer is a thousand times more important than making quick money. #GatePreIPOs首发SpaceX $BTC
