I always say that whether or not you can make money in cryptocurrency trading has little to do with intelligence; it mainly depends on whether you have a method to 'survive'.
Last year, an old friend turned 20,000 U into 6 million.
It wasn't luck, nor was he exceptionally gifted.
He was just obsessed with one thing: extreme discipline + continuous review.
I hung out with him for a while, and later I realized the difference between him and most people is that he never thought about getting rich quickly; he only thought about 'not dying'.
His trading logic is very simple, but his execution is astonishing.
For example, in capital management, he never goes all in.
Even when the market is volatile, he only risks one-fifth of his capital.
You might think such a person is slow?
But he can make five mistakes without getting liquidated; when he finally gets it right on the sixth try, he recovers everything in one go.
What about you? You bet everything, and if the market goes against you for three minutes, you start doubting life.
Another example is trend following.
Many people buy the dip when the market drops and shout for higher prices when it rises.
As a result, they get trapped and regret it all the way.
He only trades in the direction of the trend, never buys the dip or tries to catch the top,
'Better to earn less than to go against the trend.'
It sounds conservative, but conservatives often end up laughing last.
Another point is that he is particularly stable.
When the market surges, he doesn't get envious, and when altcoins take off, he doesn't act impulsively.
He says, 'Coins that surge are not opportunities; they are traps.'
I didn't believe that at the time, but after being caught a few times, I understood—
A surge = a graveyard for retail investors.
Technically, he only looks at a few indicators, with a particular fondness for MACD.
He adds to his position on a golden cross and reduces it on a death cross.
When there are no signals, he'd rather sit in cash and watch movies.
Many people find that boring; he thinks of it as 'waiting for money to come in'.
What impresses me the most is his review process.
He writes down every trade: Why did he enter? Why did he exit?
If he makes a mistake, he investigates the reason; if he profits, he summarizes the logic.
He says, 'Reviewing is not to prove oneself right; it's to avoid making the same mistakes.'
This guy made me completely understand—
The market won't reward you for one explosive success; it only rewards you for long-term restraint.
If you can endure, be stable, and review,
Your win rate will naturally increase.
In the crypto space, it's never about who is more aggressive,
but about who can still make money at their own pace amidst the noise. $BTC
