Only after losing everything did I understand: the crypto world is not a casino, but a battlefield of discipline.
I still remember that night in 2023, staring at the plummeting candlesticks on the screen, my account shrinking from 50,000 to 28,000 U. That stomach-twisting pain, thinking back on it still gives me chills. At that time, I was like a gambler, chasing the highs and lows, believing in 'insider information', and ended up as the main dish at the leek feast.
Until I recognized a truth: the crypto world specializes in treating all forms of disbelief, but rewards those who can repeat simple tasks thoroughly. Over the next two years, I used a set of clumsy methods to roll my account up to 1,200,000 U. The method isn't worth much; the hard part is controlling oneself, going against human nature. Today, let's break down and discuss how to survive in the crypto world using 'fool's logic'.
Step one: Choose coins - only pick 'as stable as an old dog' targets.
I've suffered losses chasing altcoins, doubling one day and crashing to zero the next. Now my principle is: daily MACD golden cross + above the zero axis, prioritize coins within the top 20 by market cap.
For example, major coins like Bitcoin and Ethereum resist downturns in a bear market and rise in a bull market. Don't be fooled by their slow gains; they can save your life. Last year, I heavily invested in SOL, attracted by its MACD showing a second golden cross above the zero axis, and after four months, it tripled.
Key action:
Only focus on 3-5 coins daily; if you look at more, you won't see clearly.
Exclude all 'Don't run, fellow villagers' type of air coins; only select projects with a real ecosystem (like DeFi, AI sectors).
When reading white papers, focus on two points: team background and token economic model—those with longer lock-up periods are more real than those that spike dramatically.
Step two: Buy and sell - a moving average determines life and death.
I've seen too many people complicate simple things: drawing lines, looking at indicators, chasing news... As a result, after a flurry of activity, they end up with only 25 cents left. My lifeline is the daily EMA 20 (20-day exponential moving average).
There are only two rules:
When the coin price rises above EMA 20, buy in and hold.
If the closing price drops below EMA 20, liquidate within 3 minutes.
This strategy helped me avoid multiple crashes. For example, in March this year, I entered when $BEAT broke the moving average, and it rose 60% in half a month. Later, when it suddenly dropped below the moving average with high volume, I immediately cut my losses, avoiding a subsequent 30% crash. The secret to a stable mindset is: treat the moving average like a traffic light—stop at red, go at green, and don't rush in recklessly.
Step three: Position - be arrogant when making money, play dead when losing money.
Position management is my core weapon. The principle is: build positions in batches when the market is uncertain, and strike hard when certainty is high.
Specific operations:
Usually operate with a 30% position, keeping 70% cash for opportunities.
Once there is a 'moving average breakthrough + high volume,' directly increase to a 50% position.
Take profits in three parts: sell 1/3 after a 40% rise, sell another 1/3 after an 80% rise, and hold the remaining position tightly to the moving average.
Last year, when trading $MYX, I built a position of 30% when it broke through the moving average, sold in batches after it rose to 80%, and finally kept a bottom position to benefit from the later doubling trend. Remember: the cryptocurrency market is not short of opportunities, but short of the capital to survive.
Step four: Mindset - FOMO is poison, stop-loss is the antidote.
The scariest thing in the cryptocurrency market is not the crash, but losing control of emotions. I have a painful lesson: in September 2024, I made a 50% profit on $MYX but didn't sell, always thinking 'it can still rise.' As a result, I hesitated when it broke the moving average and lost all my profits in one day, even posting a 15% loss.
From now on, I set strict rules for myself:
Stop-loss orders should always be placed 2% below the moving average.
After taking profits, transfer the money out of the exchange, buy stablecoins or short-term investments, and keep your hands off.
Absolutely avoid the 'Don't run, fellow villagers' group of shitcoins; 99% of these projects won't survive a bear market.
A true expert doesn't buy at the lowest point, but cuts their losses faster than anyone else. For example, in November this year, I seized a wave of MEME hype and made a 30% profit, converting that profit directly into USDT and depositing it into a money market fund—retaining profits in a bull market is more important than anything else.
Lastly, let me say something human.
This method sounds tedious, but it has helped me transition from repeatedly cutting losses to stable profits. There is no holy grail in cryptocurrency; only discipline + common sense + going against human nature. Especially now, as market volatility increases, don't let FOMO disrupt your rhythm—operate less, observe more, and preserve your capital; you will beat 80% of the people.
If you still can't control yourself now, I advise you to remember this: surviving in a bear market is more important than how much you earn in a bull market. Follow Ake for more first-hand information and precise insights into cryptocurrency markets, becoming your navigation in the crypto world; learning is your greatest wealth!
