—By relying on three 'anti-human' strategies, I have survived 10 years of bull and bear markets.
Introduction: While others are 'gambling with their lives,' I am 'clocking out.'
A friend once asked me: 'In the crypto world, a day is like a year in the human world, aren't you tired?' I laughed: 'Watching the market for 1 hour a day, and spending the rest of the time drinking tea with family, is that tiring?'
Ten years ago, I entered the market with 5000U, witnessed the madness of a 24-hour liquidation, and helped fans grow 2400U to 38,000U. But what truly kept me alive was not the technology, but a set of rules that are 'stupid to the extreme.' Today, I share these three tips, suitable for ordinary people—because smart people always want to take shortcuts, while foolish people are willing to take the long way around, ultimately reaching the finish line are the latter.
First, trade lightly to test: use the “10% rule” instead of “all-in faith.”
Core logic: The market is always full of opportunities, but the principal is only available once.
Trade like a mine detector.
When the market is unclear, I always only trade with 10% of my position to test the waters. For instance, if BTC is fluctuating around 60,000 USDT, I’ll first buy 200 USDT to “test the temperature.” If it breaks through a key resistance level, I’ll add positions in batches; if it falls below a support level, I’ll immediately stop loss.
The benefit of being “foolish”: Even if you’re wrong three times in a row, the principal loss won’t exceed 30%, but if you get one right, the trend profits can cover all trial and error costs.
Reject “feeling-based trading.”
Beginners often go all-in when they “feel like it will rise,” only to become the retail investors harvested by the big players. My iron rule: Only trust signals, not emotions. For example, a bullish moving average pattern plus a volume breakout at the previous high is a signal to go long; otherwise, even if Musk makes a call, I will remain unmoved.
Second, do not average down on losing positions, but add to winning ones: contrary to human nature.
Core logic: Averaging down on losing positions is like filling a pit for a bad company, while adding to winning positions gives chips to the winners.
Cut losses quickly, let profits run slowly.
Once a losing position hits the stop-loss line (e.g., -10%), cut losses immediately, never go against the trend. For profitable positions, as long as the trend hasn’t broken, every pullback to the moving average is an opportunity to add to the position.
Lessons learned the hard way: I once lost 80% of my principal by averaging down on LUNA, but made a complete wave profit during the ETH Cancun upgrade by “adding to winning positions.”
Let profits “snowball,” not “harvest wheat.”
️Many people take profits after gaining 10%, but hold on when losing 20%. My strategy: gradually move up the stop-loss line for profitable positions (e.g., cost price → break-even → floating profit of 10%), ensuring the safety of the principal before letting profits run.
Third, only follow the market, do not bet against yourself.
Core logic: The market is the boss, you are the employee — opposing the boss’s decisions leads to resignation (liquidation).
The “wallflower philosophy” of switching between long and short.
In an uptrend, I only go long; in a downtrend, I only short or stay in cash. I don’t guess the top or bottom. For example, when BTC breaks the previous high in 2024, many people shout “it’s the top,” but I only look at the moving averages: as long as the price is above MA60, I firmly hold.
Beware of the “Keeping Up Mentality”
The big players love to harvest two types of people: the “die-hard bulls” who don’t believe in the downturn, and the “sour bears” who get upset when prices rise. My solution: Ask yourself daily during the review, “If I were in cash right now, would I enter?” If not, leave immediately.
In conclusion: The real “Holy Grail” in the crypto world is to live long.
Some pursue hundredfold returns, some study complex indicators, while my desk only has one phrase: “Discipline > Skill > Luck.”
To beginners: First practice the “Three Foolish Strategies” with a simulated account, then use spare money for practical trading.
To seasoned investors: Look at the market one hour less every day, sleep one hour more — the market won’t change because you stay up late, but your body will.
Lastly, here’s a heartfelt statement:
There are no myths in the crypto world, only cycles. Those who have survived for 10 years are merely repeating simple things thousands of times.
