In 8 years of struggling in the crypto market, I have seen too many people carrying a few tens of millions wanting to change their lives, the result 3 months later was selling their laptop to pay off debts. As for me, I chose to take the opposite path — Discipline First, Profit Later, not seeking 'Quick Gains', only wishing not to perish.

And the 10 principles below have helped me keep my life... and gradually turn 50 million into 8 billion for real. Today I share without ambiguity, no theoretical nonsense — all the stupid mistakes I made, anyone who reads this will immediately reduce 3 years of tuition.

1. Price Drops Like 'Pulling the Toilet'? Don't Jump In! Price Rises with 2 Consecutive Green Candles? Don't Be Greedy!

When I first started, seeing 8–9 red candles in a row made me think 'it has bottomed', and I rushed in to catch the falling knife. The result was a 30% loss in a week, my account halved — it hurt so much I wanted to delete the app.

Later understood: Continuous price drops without a clear recovery candle + no volume are all traps.

On the contrary, when the coin just jumped up with 2 green candles, I immediately closed half of my position → transferring profits to a cold wallet. Not being greedy for 'the last coin' is what allows you to survive long.

2. Coin Rises More than 7% in a Day? Not an Opportunity — It's a Trap for Guests

The first time I eagerly chased a 12% pump in a day, thinking I would ride a strong wave.
To my surprise, the next day it gapped down, sinking even deeper.

Later I drew up the rule:

  • Coin rises >7% in a day → the next day high open DO NOT BUY!

  • Wait for it to retrace to 0.618 or have a small green candle confirming before entering.

Since following this rule, the rate of buying the peak has dropped to nearly zero.

3. Coin Breaks the Peak for the First Time? Don't Chase — Usually a Wind Breaker

Quality coins when breaking the peak for the first time are often just a baiting screen.

Only when the market:

  • reverting to MA20

  • volume noticeably shrinks

only then is the entry point truly safe.

I once missed a fake breakout in 2021 and avoided a 40% drop. A costly but valuable lesson!

4. Coin That Moves Sideways for More Than 6 Days? Sell Immediately – Don't Lock Up Capital

Many people die thinking: 'It's about to break, just hold on a bit longer'. I also once held a coin that moved sideways for 2 weeks, resulting in neither an increase nor a missed opportunity with another coin that doubled.

Rule:

  • 3 days range <3%

  • 3 days volume below MA30
    → Do not breaksell, transfer the opportunity elsewhere.

Money doesn't sleep — capital must not sleep either.

5. Breaking the Lowest Price from Yesterday? Cut Immediately — No Need to Think

99% of people lose because they hope 'it will come back'. I once held a 10% loss because I didn't cut, and it ended up being 60% — it hurt so much I wanted to smash the screen.

From then on, I hold onto one saying:

Closing price lower than the previous day's bottom >1% → CUT. No hesitation.

Cut early to live long.

6. Formula 3-5-7: To Catch Waves, You Must Know How to Jump to the Right Rhythm

I realized a law in coins that begin the upward wave:

  • Day 3: slight retracement to MA5 → BUY

  • Day 5: volume expands → CLOSE 50%

  • Day 7: peaks → CLOSE 100%

In 2021, thanks to this formula, I caught 3 waves of 120%+, without needing to chase the peak, without waiting for a miracle.

7. Volume – Price Discrepancy = Trap

Just remember:

  • Low → Volume doubles → Long green candle >7% → Real money enters.

  • High → Large volume + long candle shadow → DUMP, run immediately!

In 2022, I managed to catch a top coin by observing the candle shadows, then it dropped 60%.
If you're not quick, you're out immediately.

8. Just Need to Look at 4 Moving Averages — The Rest is Noise

I only use exactly 4 lines:

  • MA3: feel the short rhythm

  • MA30: decide whether to increase position or not

  • MA80: see if it's worth opening a large position or not

  • MA120: market differentiation between bull or bear

Besides these 4 things, I consider everything else to be 'noise'.

9. Want to Change Your Life? It's Not Leverage — It's Compound Interest

I set a goal of 12% each month, sounds small but:

  • 1 year = multiplied by 3.1

  • 5 years of maintaining discipline = from 50 million to over 8 billion

Who still trades 10x–50x? The survivors boast, while those who lost everything remain silent.

Compound interest = discipline + time.

10. No Clear Signal → DO NOT OPEN A POSITION

I once entered a trade without a signal out of impatience, and lost 30% just for lacking a little patience.

Lifetime lesson:

If you're wrong, you lose money — if you miss out, you just lose opportunity.

From that point onward, no signal → no entry. Opportunities are abundant, but the account only has one.

Conclusion

8 years in this market, I've seen too many people die from:

  • Hasty

  • Lack of discipline

  • Expecting to change your life overnight

In reality, winning isn't hard — just don't be foolish like I was back then. If you can do these 10 things, you are already ahead of 80% of people in the market.