Simple repetitive strength, far beyond your imagination
Many people ask me how I survived in the crypto space and still do well. My answer is simple: I threw away all the complicated things and only focused on the 'N shape' matter.
Stage one: fool's repetition, making the first wave of profit
I started like most people, watching news, chasing trends, and hoarding a bunch of 'teachers' indicators, resulting in my 30,000 principal almost shrinking to a third. Later, I completely gave up and focused solely on one pattern: N shape.
What is my N shape? It's simple:
Vertical surge (price strong breakthrough)
Pullback does not break previous lows (volume reduction during the pullback, shallow pullback indicates sufficient strength)
Break through the previous high again (breakthrough with volume, N shape established)
For example, with $MMT, I wait for it to complete the first wave of rise, and when it pulls back without breaking support, I enter as it breaks through with volume again. Set the stop loss 2% below the pullback low and the take profit at 10%.
At that time, the win rate was less than 40%, but the odds were high—small losses and big wins, and over time the account steadily increased.
My insight: 90% of indicators in the market are distractions. The N shape is reliable because it is essentially the footprint of the trend—when it can’t rise anymore, it rests; after resting enough, it continues to walk, just as straightforward as human nature.
Second stage: Turning off the machine is the best risk control
After the account reached 1.2 million, I found myself getting itchy hands—always wanting to enter the market early, and when I made a profit, I wanted to take more. As a result, a wave of fluctuations returned the profits.
So I did two things:
Delete all indicators, set K lines to light gray, only a 20-day line barely shows the direction;
Turn on the machine at 9:50 every day to see if there is a standard N shape. If there is, place an order; if not, turn off the machine directly.
Five minutes of operation, and the day ends.
Friends laugh at me for 'trading cryptocurrencies like clocking in at work', but it’s this kind of 'laziness' that has helped me avoid countless traps. Most of the time in the market is wasted time, and there are only a few real opportunities each year. The more you want to catch every fluctuation, the easier it is to lose the money you should have earned.
My insight: Profit is not something you create through operation, but something you wait for. The essence of the N shape is 'trend continuation'; you only need to get on the bus when the trend rests and restarts, do not fumble around when it rests.
Third stage: Withdrawal is the best stop loss
From 6 million to 10 million this wave, my biggest move was not to increase my position but to withdraw:
At 1.2 million, I first withdrew the principal of 30,000 (never worry about going to zero in this life);
When it was 6 million, I withdrew 3 million to buy stable assets (Bitcoin, Ethereum, funds);
Let the remaining profits continue to roll, but for every 10% earned, withdraw 2% to a cold wallet.
The numbers in the account are scoreboards; the money in your pocket is real. Many people verbally agree, but when the market surges, no one is willing to cash out—always thinking that it can double in the next second. What’s the result? When the waterfall comes, it’s all paper wealth.
My insight: Withdrawing is not 'missing an opportunity', but transferring risk to the market. You leave a portion of the profit in the market; with a stable mindset, your decisions will not distort.
Three iron rules behind millions in profit
Do not chase the rise
Before the N shape is completed, all impulses are traps. It’s better to miss out than to make a mistake.
Do not hold positions
Price breaking through = logic failure. A 2% stop loss line is my disciplinary bottom line; cutting positions is not called losing money, it’s called saving bullets for the next opportunity.
Do not cling to battles
Make 10% and then go; next time there might be another opportunity. The cryptocurrency world fears the gambler's mentality of 'betting everything to win for a lifetime'—you never know when a black swan will come.
Finally, let me say a few words
Many people always think that making money requires a better strategy and faster information. But the truth is: the premise of stable profit is that you can repetitively do simple things to perfection.
I have used the N shape for five years, and it’s still the same now. It's not that it’s miraculous, but I have accepted that 'slow is fast'—complex methods can occasionally yield huge profits, but only a simple system can help you navigate through bull and bear markets.
If you are still anxiously chasing rises and falls every day, it’s better to stop and ask yourself:
Is the market too complicated, or are you reluctant to let go of that desire for quick money?
Follow Xiang Ge to learn more firsthand information and cryptocurrency knowledge at precise points, becoming your guide in the crypto world. Learning is your greatest wealth!#加密市场反弹 #美联储降息 $ETH
