Do simple things repeatedly, and do repetitive things with discipline.
Eight years ago, my life hit rock bottom. Divorce, a million in debt, even deciding whether to buy instant noodles in a bag or a bucket was a dilemma (because the extra money for the bucket could buy me two bags). Today, I can settle in Shanghai, with crypto assets reaching eight figures, and I wake up naturally every day.
Many people think I have mastered some profound secret, but on the contrary. My success relies on three 'ridiculously simple' methods and a hard rule. In this complex market, simplicity and discipline are more important than intelligence.
90% of people are making the same mistake.
Do you see those who research the theory of market cycles and wave theory every day, staring at the hourly and 4-hour charts, drawing back and forth all day? Have they really made money? Most people just end up dizzy and inevitably face the fate of being cut off.
Back in the day, I stumbled into the cryptocurrency world, had never taken a financial management class, and didn’t know any 'big shots.' I crawled out of the mire using the simplest methods. Today, I share these valuable insights without reservation. No obscure terminology, no complex technical indicators, only simple truths verified by practical experience.
My three 'dumb' methods.
1. Select assets: only recognize 'daily golden cross'
I never believe in those rumors, nor do I chase after 'hundredfold coins' or 'thousandfold coins.' Experience tells me that those who shout the loudest are 99% traps for cutting leeks.
My product selection logic is so simple that it’s shocking: open the daily chart and only look for assets with a golden cross above the zero line on the trend indicator.
Why the daily chart? Because short-term candlesticks (like hourly and 4-hour charts) are too chaotic, and it’s easy to get washed out or misled. The daily chart reflects the true trend, and the likelihood of being deceived is much lower. When the trend indicator is above the zero line, it indicates that the asset is in an upward cycle, and coupled with a golden cross signal, it is equivalent to providing double insurance for the trade.
The first asset I selected using this method was filtered out like this, and later it rose 120%, helping me pay off my first debt.
2. Watch the trend: a single moving average determines life and death.
Choosing the right asset is just the first step; holding on and selling at the right time is the key to making money. I never engage in the esoteric practice of 'guessing tops and bottoms,' I only focus on a single moving average on the daily level.
My principle is summed up in one sentence: 'Hold on tightly online, run quickly offline.'
Specifically, as long as the asset price is above this moving average, no matter how it fluctuates in between, I hold firmly and am not intimidated by short-term pullbacks. Once the price falls below this moving average, I will exit immediately, without any feelings attached.
I once had an asset that I hesitated for 3 hours when it broke below the moving average. Just those 3 hours cost me over 2 million! This lesson ingrained the rule of 'must sell offline' into my bones.
3. Entry and exit: only go heavy when price and volume rise together, and take profits in layers without greed.
Buying timing: I never blindly try to catch the bottom. It must meet two conditions: first, the asset price breaks through the moving average, and second, the trading volume also exceeds the average volume line (i.e., 'price and volume rise together'). This indicates that real funds are entering the market, and the trend may accelerate. At this point, one can intervene, but must leave 30-50% of the funds as emergency capital, and not invest all the money.
Selling strategy: I have summarized a 'three-tier profit-taking method' that can lock in profits while avoiding missing out.
An increase of 40%, reduce position by 1/3, reclaim principal and part of the profit.
An increase of 80%, then reduce by 1/3, at this point, you are already making a profit.
No matter how much it has risen, as long as the price falls below the moving average, immediately liquidate and secure the profits.
The core iron rule: stop-loss is more important than making money.
This is my most valuable experience, without exception. If the asset price directly falls below the moving average the day after buying, no matter how much I lose, I will immediately stop-loss and exit.
Many people hold onto the fluke mentality of 'just endure it and it will pass,' but in the cryptocurrency market, the longer they endure, the more they lose, ending up with nothing. I once lost over 800,000 due to a moment of weakness, almost returning to square one. Since then, I have set a strict rule for myself: the stop-loss line is a lifeline that must be executed unconditionally.
Of course, there is no perfect method in the market, and occasionally one might encounter a 'false breakout'—where the asset re-establishes itself above the moving average after selling. At this point, don’t get tangled up; decisively buy back. It’s more regrettable to miss a trend than to have a gap.
'Dumb money' behind the smart logic.
In fact, the reason my method is effective is because it conforms to the basic laws of investing: grasping trends, controlling risks, and maintaining discipline. The volatility in the cryptocurrency market is very high, about 4-5 times that of the foreign exchange market, which brings opportunities but is also full of risks.
Common mistakes for beginners, such as FOMO (fear of missing out), over-trading, and ignoring stop-losses, are driven by emotions rather than rules and discipline.
The dollar-cost averaging (DCA) method—regular fixed investments, as a widely recommended long-term strategy—its core advantage lies in avoiding emotional chase-up and sell-off through mechanical operations. My method is, to some extent, an actively optimized version of DCA, retaining its discipline while attempting to enhance returns through simple rules.
Conclusion: Discipline is the most powerful leverage for ordinary people.
In 8 years, I went from being a million in debt to having an eight-figure asset, relying not on 'smart intelligence,' but on executing a simple method to the extreme.
The cryptocurrency market is indeed full of risks, but what’s more frightening is the lack of reliable methods and blindly following trends with frequent operations. Remember: the market is not lacking in opportunities to make money, but in the patience to maintain discipline.
In this complex market, sometimes being a bit 'dumb' may actually be true wisdom.
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