In the volatile world of cryptocurrency, where fortunes are made and lost in hours, one 95后 trader—known online as "If I Don't Understand"—has captured attention with a stunning transformation: from blowing up his account and losing millions to amassing over $10 million in profits within nine months. His journey isn’t fueled by luck or insider knowledge, but by a disciplined, consensus-driven trading philosophy rooted in real-world experience and emotional resilience.
This is not just another get-rich-quick tale. It’s a masterclass in risk management, market psychology, and strategic patience—lessons forged through failure, refined through practice, and proven in live markets.
👉 Discover the mindset that turns market chaos into consistent gains.
From E-Commerce Entrepreneur to Crypto Strategist
Born in 1996, "If I Don't Understand" began not as a trader, but as an Amazon seller navigating the competitive world of cross-border e-commerce. In 2020, projects like SHIB and AXS opened his eyes to the explosive potential of crypto. Unlike impulsive speculators, he approached the space with the rigor of an entrepreneur.
By day, he managed his online store. By night—from 7 PM to 2 AM—he immersed himself in blockchain research. His initial investment? Just 7,000 RMB in AXS, which multiplied several times over. That early win validated his analytical approach and gave him the confidence to dive deeper.
With a starting capital of 30,000–50,000 RMB, he capitalized on the 2021 GameFi boom. Instead of chasing trends blindly, he played every major GameFi project—Radio Caca, BinaryX, Cryptominers, Farmer World—to understand their economic models and community dynamics. This hands-on research paid off: he turned a modest sum into his first 1 million RMB, proving that deep due diligence could generate outsized returns.
But success bred overconfidence.
In May 2022, amid Ethereum’s crash from $3,700 to $800, he doubled down on long positions, betting on a rebound. The market disagreed. Within two months, over 95% of his portfolio evaporated. He was back to square one.
“Losses truly shape your character. As long as your funds are still in your account—and haven’t improved your life yet—your trade isn’t closed.”
That painful lesson changed everything.
The Turning Point: Building a System Based on Consensus
After his blowup, he returned to e-commerce to rebuild capital. This time, he re-entered crypto with a new philosophy: only deploy significant funds when you have skin in the game—and no debt.
His trading style evolved from speculation to strategy. He stopped trying to predict tops and bottoms. Instead, he focused on what actually moves markets: consensus.
“A token rises not because of its technology, but because people believe it’s worth more.”
He calls himself a “consensus hunter.” For him, technical indicators are secondary. What matters is identifying where attention, money, and belief converge.
How to Spot Emerging Consensus
He tracks three key signals:
- Macro Liquidity Shifts: When money flows into crypto at scale (e.g., post-pandemic stimulus), new cycles begin.
- Paradigm-Defining Projects: Breakout successes like BONK or BOME set valuation benchmarks (often $1B+ FDV). These become “reference points” for new meme coins.
- Community Vitality: Real communities have organic discussion; fake ones are filled with bots.
Take neiro, for example. While others shorted it at launch, he went long—because its IP and potential matched earlier successful memecoins. By comparing it to BONK (which hit $1B+ FDV), he projected similar upside. His bet paid off: neiro surged, delivering around **$5 million in spot gains alone**.
Later, he shorted PNUT and TRUMP—not out of hatred for the projects, but because they showed classic signs of irrational exuberance: no meaningful pullbacks after listing, despite reaching valuations disconnected from fundamentals.
👉 Learn how top traders identify high-conviction setups before the crowd.
A Practical 4-Step Framework for Aspiring Traders
"If I Don't Understand" believes anyone can improve their trading—if they adopt a structured approach. Here’s his battle-tested framework:
Step 1: Filter Information Like a Pro
Crypto moves fast. To keep up:
- Follow early-stage KOLs who discover gems before they trend (e.g., Thai Zoo hippos).
- Dive into Discord and Telegram groups—real engagement beats hype.
Step 2: Know When to Enter and Exit
- Enter early: When a project has active devs, clear roadmap, product progress—but hasn’t gone viral.
- Exit strategically: When media coverage peaks, FOMO spreads, and valuations match or exceed peers.
“Buy when no one’s talking. Sell when everyone is.”
Step 3: Manage Risk Ruthlessly
His golden rule: always preserve 30–50% of your capital. This “survival fund” ensures you live to fight another cycle.
- Small accounts (<$10K): Can take higher risks in memecoins—but diversify across tokens and limit holdings to <1% of supply.
- Large accounts (>100K USD): Never exceed $100K–$200K per altcoin futures trade due to liquidity constraints.
Use the “Quarter-Lot Strategy”:
- 25% initial entry
- 25% for strategic re-entry
- 50% held in reserve
Step 4: Master the Tools—Then Transcend Them
While he uses basic TA (K-lines, MACD, RSI), he emphasizes reading market momentum:
- If BTC rises 0.1% and ETH jumps 0.5%, ETH shows strong momentum.
- If ETH lags or drops, caution is warranted.
He prefers limit orders over market orders, especially during panic sell-offs. By placing buy orders at key support levels (“black swan catch strategy”), he acquires assets at discounted prices—without chasing.
The Psychology of Long-Term Success
Beyond tactics, his greatest edge lies in mindset.
He rejects “get rich quick” culture. Despite earning millions, he lives simply—packing leftovers, avoiding luxury spending. This emotional discipline prevents success from corrupting judgment.
He also refuses to “signal trade” or run a fund.
“Giving people trades doesn’t teach them how to think.”
Instead, he shares frameworks—because sustainable success comes from understanding why, not just what.
FAQ: Common Questions Answered
Q: Can I replicate his results starting with $1,000?
A: While exact returns aren’t guaranteed, applying his methods—especially risk control and consensus tracking—can significantly improve outcomes even with small capital.
Q: Why does he avoid high-leverage trading now?
A: High leverage increases liquidation risk and distorts decision-making. He reserves it only for short-term liquidity plays or low-leverage (≤3x) long-term positions.
Q: Is memecoin trading sustainable?
A: Only if you treat it as a short-to-mid cycle play based on momentum and sentiment—not fundamentals. Exit before hype peaks.
Q: How important is technical analysis in his system?
A: TA is secondary. It helps refine entries and exits but doesn’t drive decisions. Market structure and consensus matter far more.
Q: What’s his view on using debt for trading?
A: Strongly discouraged. Debt creates pressure, reduces patience, and leads to emotional decisions—often resulting in total loss.
Q: How does he handle losing streaks?
A: By sticking to his process. He reviews each trade objectively, adjusts tactics if needed—but never abandons core principles like position sizing and risk caps.
👉 See how elite traders manage drawdowns and stay profitable long-term.
Final Wisdom: Slow Rich Beats Fast Rich
"If I Don't Understand" leaves us with a powerful truth:
“Like Buffett said: nobody wants to get rich slowly. So you have to go against human nature. Be willing to wait.”
His journey—from near-bankruptcy to A9 status—isn’t about genius or luck. It’s about resilience, systems, and mastering oneself.
In a world chasing instant gratification, his greatest insight may be the simplest:
True wealth is built not in days—but in cycles.
And the most valuable asset isn’t capital.
It’s patience.