After 8 years of struggling in the cryptocurrency world, I relied on a method that is 'stupid to the extreme',
from 50,000 to 30,000,000,
the more I progressed, the more I understood: the speed of making money and the number of operations are actually inversely related.
My advancement path is very clear, with nothing fancy:
The first stage went from 50,000 to 1,500,000, which took 2 years;
The second stage went from 1,500,000 to 8,000,000, which only took 1 year;
The third stage went from 8,000,000 to 30,000,000, which only took 5 months.
It's not that I'm lucky, but I focused solely on one N-shaped pattern throughout: a vertical rise, a diagonal pullback, and then a vertical breakthrough.
If the pattern is right, I enter the market; if it breaks support, I immediately cut my position, never averaging down or using leverage,
and I strictly set a 2% stop loss and a 10% take profit, executing without a single mistake.
Some people laugh at me for being 'too rigid':
How can you make big money without looking at moving averages, chasing hot topics, or listening to rumors?
But the fact is, those who stare at the market every day and operate frequently lose money even faster.
My market view is particularly clean, leaving only a light gray 20-day moving average, spending 5 minutes each day scanning through the 4-hour K-line:
If there is a matching N-shaped pattern, I enter with a stop loss; if not, I close the software, and spend the rest of my time with family, walking the dog, and drinking coffee, never wasting energy.
After making money, I didn't get carried away, but maintained my own rhythm:
When I reached 1,500,000, I first withdrew 50,000 in principal to save, so even if I lost later, I had a fallback;
When I reached 8,000,000, I withdrew half to buy stable funds and fixed deposits, leaving the other half to continue compounding in the cryptocurrency world.
Even if I encounter a market crash, my position remains steady as a rock, and I won't panic and cut losses like others.
Over these 8 years, I have summarized three iron rules:
Don't chase prices, only enter after the pattern is confirmed;
Don't hold positions, if it breaks, leave immediately, never rely on luck;
Don't cling to battles, once I earn enough to meet my target, I withdraw part of the money to pocket.
In fact, there is no 'holy grail of making money' in the cryptocurrency world; what is truly useful is the ability to filter out the restless 'stupid methods'.
If you can calm down and stick to the discipline, you will naturally retain your own profits.
Don't fantasize about getting rich overnight; just calculate:
As long as you steadily achieve 20 times a 10% profit, going from 50,000 to 10,000,000 is just a matter of time.
I have stumbled into many pitfalls in the cryptocurrency world, and now I share this 'stupid method' hoping that the next person illuminated by the market is you, who is persevering.