In the cryptocurrency world, there is no guaranteed profit, but there are good habits and bad habits.
I am 36 years old this year, and I have been in the cryptocurrency field for ten years. From initially entering the market with 50,000, to now having assets exceeding 30 million, my biggest realization along the way is that the speed of making money is indeed inversely proportional to the number of trades.
When I first entered the market, like most beginners, I stayed up late every day, crazily scrolling through Twitter for news, chasing every hotspot, always afraid of missing out on the opportunity to get rich. What was the result? Frequent trading not only didn’t make me money, but instead led to quick losses.
Later, I completely understood: the cryptocurrency market is not a casino, but a trading battlefield that requires 'rules + execution'. When I began to reduce the frequency of my trades and focus on a few high-probability opportunities, my assets started to grow steadily.
My three-phase wealth growth trajectory
Phase One: From 50,000 to 1.5 million (24 months)
Just starting to learn the phase of 'doing less.' During this period, I mainly do two things: one is to finish classic books like (Japanese Candlestick Charting Techniques), and the other is to establish my own trading system. I no longer chase every hot trend, but patiently wait for high-probability opportunities.
Phase Two: From 1.5 million to 8 million (12 months)
Maturity of the system. At this point, I have formed a stable trading strategy, centered around the 'N shape' trading method. When there are no opportunities in the market, I stay flat and observe; when opportunities arise, I strike decisively, trading only 2-3 times a month on average.
Phase Three: From 8 million to 30 million (5 months)
Sticking to the main rising trend in a bull market. During a trending market, I do not frequently adjust my positions; instead, I let profits run. I have been in a flat position for a maximum of one and a half months until clear buy and sell signals appear.
My core strategy: simplicity to the extreme is the ultimate skill
Many believe that making money requires complex strategies; in fact, it is quite the opposite. My method is simple enough for beginners to implement directly:
1. Focus on the 'N shape' pattern
The core of my trading system revolves around four key dimensions: 'trend judgment + signal entry + position management + discipline execution.'
The judgment criteria for an upward trend are three points: MA60 on the daily chart is running upwards, and the price is above MA60; MA20 is above MA30 forming a bullish arrangement; trading volume gradually expands over the last 30 days or shows a rhythm of 'volume increase in rising, volume decrease in retracement.'
2. Triple verification of entry signals
Moving average + MACD + trading volume triple confirmation, none can be missing. When prices rise and retrace to near MA20 or MA30, the amplitude should not exceed 30% of the previous wave's rise; MACD forms a golden cross above the zero axis; trading volume shrinks during the retracement, and increases when the golden cross appears.
3. Position management is the key to survival
I divide my funds into five parts, using only one-fifth each time, and set strict stop-loss lines, with each trade losing no more than 10%, and total capital loss controlled within 2%.
Life-saving iron rule: Newbies should remember to avoid ten years of detours
1. Do not chase prices; only wait for pattern confirmation
Better to miss out than to make a mistake. Opportunities in the cryptocurrency world are always there, but the capital is only once. When the social sentiment index of a particular token reaches an extreme value, I stay vigilant to avoid being driven by FOMO emotions to enter the market.
2. Do not hold positions; exit immediately upon breaking
Now I always set a stop loss when I open a position, usually a 3% stop loss line; no matter how reluctant I am, I exit when the time comes. The market is the fact, and it is indisputable; trends are irreversible. As investors, we must dare to acknowledge our mistakes and correct them at any time.
3. Do not fall in love with battle; withdraw once the target is met
Avoid greed in profits; take partial profits once the target is reached. I will use the 'inverted pyramid profit-taking method,' gradually increasing the selling proportion as the price rises.
My daily life: simple living, stable profits
My current trading life is extremely simple:
Spend only a small amount of time each day reviewing trades, using '4-hour candlesticks + a 20-day moving average' as the main judgment tool.
When there is a suitable pattern, I place conditional orders; if not, I turn off the computer to spend time with family or walk the dog. The cryptocurrency world is like riding the waves; mastering the core rules can help you avoid deadly reefs.
When profits reach a critical point, I 'bleed' out; I withdraw all the principal at 1.5 million, and half at 8 million, leaving the rest to compound.
Friends in the circle often laugh at me for being too conservative, but I know that surviving longer in this market is more important than making quick profits. Frequent trading, full-position betting, blindly chasing prices, greed in profits, and stubbornly holding losses have become the five major psychological barriers that digital currency investors find hardest to overcome.
A few heartfelt words
There are no myths in the cryptocurrency world, only probabilities. Filter out leverage, filter out greed, filter out noise, and steadily achieve 20 trades with a 10% profit; turning 50,000 into 10 million is just a matter of time.
Remember, the market will never lack opportunities; what is lacking is patience and discipline. The ones who can truly survive are not the smartest, but the most clear-headed and restrained.
With capital in hand, opportunities will always be there—protecting capital is better than short-term profits.
This is the practical experience summary of my ten-year cryptocurrency career. I hope it helps you navigate the cryptic and volatile cryptocurrency market steadily. Follow me for more first-hand information and precise insights into the cryptocurrency world, becoming your guide in the crypto space; learning is your greatest wealth!#ETH走势分析 $ETH
