8 years of trading cryptocurrency earned 6 million: it's not luck, it's the painful experience gained from losses
After 8 years of trading cryptocurrency, my account reached 6 million, relying not on luck, but on the many losses that led to understanding.
Recently, people have been asking me how to choose coins and how to place orders. To be honest, my current method is super simple, but it is precisely these simple rules that are the key to making money.
In the past, I also made foolish mistakes, seeing $ETH fluctuating greatly and couldn't help but charge in. After a flurry of operations, I blew my account and lost over 200,000. Looking back now, it was really not worth it.
Today I will share my tested and effective 'foolproof method' with everyone. If you're brave enough to execute it, you can avoid unnecessary detours.
When selecting coins, I only look at the gainers list; only coins that have risen have an active market. I don't even touch coins that are stagnant.
I don't monitor short-term candlesticks; I focus on the monthly MACD. Just like the last time the monthly golden cross appeared at $SOL , I decisively entered the market; if there’s no golden cross, I keep my position empty and never gamble recklessly.
The 60-day line is something I must check every day. Last week, when $pippin retraced to the 70-day line, the trading volume expanded by 30%, so I added to my position steadily and secured a wave of profits.
Once I enter the market, I never get attached; if the price rises, I hold; if it breaks the line, I sell immediately.
Taking profits also follows a rhythm: when profit reaches 30%, I cut half, at 50% I cut another half. Last week, $LUNA2 had a profit of 45%, and I took profits according to the rules. Later, it indeed corrected, avoiding profit reversal.
The most important rule: if it breaks the 70-day line, I must exit!
This is the key to my survival. No matter how long I hold a position, if it breaks, I withdraw and do not stubbornly fight the market.
The simpler trading is, the easier it is to execute. Don’t always think about making a big turnaround; real profits come from discipline and emotional control.
These are all my hard-earned lessons. The crypto market never mistreats those who are obedient and follow the rules, but it will severely punish those who do not understand respect!
Those who can survive in the market and still earn are always the ones who dare to reach out first.
Are you ready? @bit福多多
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