Cryptocurrency Comeback: A Simple Philosophy from 50,000 U to 8,800,000
In the cryptocurrency world, many people dive into the sea of complex theories, getting dizzy, resulting in no profits and even greater losses.
I, on the other hand, soared from 50,000 in capital to 8,800,000 without relying on insider information or extraordinary talent, but by simplifying the complex and maximizing the simple.
Initially, starting with 50,000 in capital, it took me 2 years to accumulate to 1,200,000, a process that was slow but steady.
With this 1,200,000 as a base, in the following year, the funds surged like a flood, rushing to 6,000,000.
In the last 5 months, it was even more unstoppable, easily breaking through 8,800,000 from 6,000,000.
The more I progressed, the clearer it became to me that in the cryptocurrency world, the speed of making money is inversely proportional to the number of trades. Many people trade frequently, busy as can be, but end up losing significantly.
I focus solely on the “N” shape pattern; a vertical rise is a signal, a diagonal pullback is an adjustment, and a vertical breakthrough means I decisively enter the market;
If the pattern is broken, I immediately cut my position, never hesitating, and do not add to my position, hold on, or use leverage.
I set a 2% stop loss and a 10% take profit; even with a winning rate of only 35%, I can still make steady profits.
However, many people find this method clumsy, preferring to study various indicators, draw trend lines, and closely monitor news, resulting in being too clever for their own good.
My trading interface is extremely simple, with only a faint 20-day moving average line to prevent interference. Every day at 9:50, I take a quick look at the 4-hour chart,
If there’s no N shape, I shut down; if there is, I place an order, all done in 5 minutes, leaving the rest of the time for coffee and walking the dog, quite enjoyable.
After making money, I plan in three steps: withdraw capital when reaching 1,200,000; when hitting 6,000,000, withdraw half to buy mutual funds and save in fixed deposits; the rest continues to snowball in the cryptocurrency world.
I have also set three iron rules for myself: do not chase prices, do not hold positions, and do not linger in battles.
There is no guaranteed shortcut in the cryptocurrency world, only continuous filtering. Persist, and the gold will settle on its own.
Don’t always fantasize about hundredfold coins; being able to stably take 10% for 20 consecutive times, 8,800,000 is just a matter of time.
I have walked through the night, and now I pass the torch to you; it’s your turn to shine!
