As a veteran who has been in the cryptocurrency market for 8 years, from initially chasing highs and doubting life due to losses, to now accumulating 20 million through stable operations, fans often ask me: “Blogger, what are the secrets to selecting targets and making trades?” The answer is quite heartbreaking — there is no special talent, it’s all hard-earned lessons from losses, and the relentless execution of simple discipline to the extreme!
Many newcomers, upon entering the market, are often captivated by short-term surges, resulting in frantic operations, only to see their principal shrink rapidly. I also stumbled into this pit in my early years, watching other people's targets rise daily, unable to resist the temptation to follow suit, ultimately left with tears as I cut my losses. Now I see clearly: the short-term fluctuations in the cryptocurrency market are all illusions created by the big players, and obscure targets often hide deeper pitfalls.
I only recognize one logic for selecting targets: focus on the rising stocks. Those targets that haven't moved for years lack market attention and liquidity, and their chances of rising are akin to winning the lottery. It's better to focus on targets that are hot and have capital entering — at least it shows there is a basis for 'speculation', which is 10 times more reliable than blindly betting on obscure stocks.
The entry signal is so simple that it's hard to believe: I hardly watch daily or hourly charts, focusing instead on the monthly MACD! As long as a golden cross signal appears, I will enter in batches; no signal? No matter how lively the market is, I will be at ease with an empty position. Remember, short-term K-lines are all traps; the main force relies on volatility to wash the盘 and harvest retail investors, while long-term trends hide the real opportunities. Don't gamble on low-probability events like 'oversold rebounds'; it's purely looking for trouble for yourself.
Adding positions also needs to follow rules; the 60-day moving average is my 'safe add line'. Only when the target price pulls back near the 60-day moving average and the trading volume significantly increases will I decisively add to my position — if the signal is clear, I will take action; if there's no signal, I absolutely won't force it. Many people lose money by 'adding positions based on feelings', buying more as it falls, and eventually trapping themselves halfway up the mountain.
The discipline of taking profits and cutting losses is the key to my survival. Once I enter the market, I will never be greedy or stubborn: if the price rises by 30%, I immediately reduce my position by half; if it rises to 50%, I reduce it by half again. Even if it continues to rise afterward, I won't regret it — the crypto market never lacks opportunities, and if you miss one, there will be another. As for cutting losses, it must be ruthless: the 70-day moving average is my 'lifeline'. No matter how long I've held my position or how much profit I've made, as soon as it falls below this line, I will immediately liquidate my position and exit! I've seen too many people fall into the trap of 'waiting for a rebound', resulting in profits turning into losses, or even being stuck to the point of doubting life. Remember: the market won't care about your feelings; the key is to run when it breaks.
In the crypto market, fancy techniques are just window dressing; the discipline that can be implemented is the core of making money. I've seen too many 'masters' who understand technical analysis lose everything, essentially because they can't help but chase highs, hold positions, and be greedy. Those who can truly profit in the long term are the 'fools' who execute simple rules to the end.
Follow me! I will gradually share the 5 deadly pitfalls I've encountered over the past 8 years (once losing 800,000 directly), as well as specific operational strategies under different market conditions. It's all practical experience that can help you avoid 90% of the detours. Making money in the crypto circle never relies on luck; it depends on restraint and persistence. Next time, let's talk about 'how to judge whether the main force is washing the盘', remember to stay put and don't run; practical information doesn't wait for anyone!
