8 years of trading cryptocurrencies, 6 million is not just good luck, but the result of suffering many losses, which led to understanding these principles!

Many people ask me how to choose coins and how to trade?

To be honest, my current method is super simple, but it is precisely these seemingly simple strategies that are the key to truly making money.

In the beginning, I made many mistakes too. When the market fluctuated greatly, I couldn't help but want to 'go for it', resulting in reckless operations, liquidation, and losing a lot. Looking back now, it was really foolish.

Today, I will share a few 'tricks' with everyone. If you dare to do it, follow these steps, and you can make money.

First, start selecting coins from the gainers list.

Why start from the gainers list? Because only those coins that have increased have an active market and may have subsequent opportunities. If a coin hasn’t moved at all, why buy it?

I don't focus on candlestick charts, but look at the monthly MACD. Enter the market when there is a golden cross, and stay out when there isn't.

Candlestick charts can tell you about short-term fluctuations, but opportunities are often hidden in long-term trends. Don’t gamble on oversold rebounds; low-probability events basically always result in losses.

Second, the 60-day line is my key indicator.

When the coin price retraces near the 70-day moving average, and the trading volume increases, I dare to add to my position.

The opportunities are relatively large at this point. If a signal appears, enter the market; if there’s no signal, wait.

After entering the market, I never hold on blindly. If it rises, I hold; if it breaks the support line, I sell.

Many people make the mistake of being 'reluctant to leave', always wanting to wait for the market to rebound, resulting in turning profits into losses.

Third, take profits in a rhythm.

When profits reach 30%, I first withdraw 50%, and continue to hold the remainder; when profits reach 50%, I withdraw half again.

Don’t think about taking all the gains at once; if you miss it, you miss it. The market will have another opportunity one day.

The most important rule: If it breaks below the 70-day line, withdraw immediately.

No matter how long you have held the position, if it breaks below, retreat immediately. Don’t fight against the market, don’t bet your life against yourself.

This rule is the key to my survival.

The simpler, the better; the easier to execute.

Many people always want to 'turn the tables in one go', but what truly leads to profit is through continuous execution of discipline and controlling emotions, rather than reckless operations.

These methods are the experiences I summarized after suffering many losses. The cryptocurrency market will not treat a compliant person badly, but it will definitely harshly teach those who do not understand the rules.

There are many opportunities in the market, but following the rules is the treasure that allows you to survive in the cryptocurrency world.