When I first got into Bitcoin, the price wasn't as scary as it is now.
Some people around me were selling houses to trade cryptocurrencies, while others were liquidating to buy houses; I did neither.
I just held onto the few coins I had, not being greedy when the price went up and not panicking when it went down.
The real test came on March 12, 2020, when the market was crying out in despair.
Because I had just unwound my leverage a few days earlier, I actually picked up some bargains.
Looking back at the end of the year, that little position had already doubled.
A friend asked if I had any insider information.
In fact, I was just doing two simple things: selling a bit when the price rose significantly and buying a bit when it fell hard.
Over the years, my approach has been simple to the point of being a bit boring:
First, don't buy too many coins.
I only focus on Bitcoin and Ethereum, and at most, I seriously research one other project.
I don't look at, touch, or think about the rest.
Most of the profits from spot trading actually come from these two.
Second, separate your funds.
One part is kept long-term, one part is held for the medium term, and only a small amount is left for trading on the exchange.
The ratio is roughly 5:3:2.
With this division, market fluctuations won’t affect my rest.
Third, set two strict rules for yourself.
Withdraw the principal once you've made a 50% profit;
If you lose more than 10% in a single day, stop for three days.
I always keep these two rules on my phone and check them before placing an order.
Now I rarely even look at candlestick charts; the interface is clean with just the buy and sell buttons left.
Trading cryptocurrencies, the simpler it is, the longer it lasts.
Those who analyze this and study that every day often don't earn as steadily as this 'lazy person' does.
If you're just starting out,
Remember: the market is not about who is smarter, but who is more disciplined.
The truly useful principles are often too simple to be embarrassed to say out loud.
Just like what I've managed to do over the years: buy a bit more precisely, hold a bit more steadily, and run a bit earlier.
Admitting that you are ordinary can sometimes be the most extraordinary thing @极速翻仓王—强哥 .

