My friends aren't curious about market fluctuations, but rather whether I've actually made any real money.
I'm always straightforward: during the market rally from 2021 to 2023, my account balance steadily climbed to eight figures.
In seven years, I only accurately timed three market movements.
The more volatile the market, the more composed I became.
The first wave, it took two whole years to grow from 50,000 to 1.5 million;
The second wave, it took a year to grow from 1.5 million to 8 million;
The third wave, it took only five months to grow from 8 million to 30 million.
The further I went, the clearer it became: the speed of making money is inversely proportional to the number of trades.
My secret is actually very simple: obsessively watch for "N" patterns.
A surge, a pullback and stabilization, followed by a break above the previous high—once the pattern is confirmed, I enter the market; if it breaks down, I immediately cut my losses.
I never average down, never use leverage, set a 2% stop-loss, and a 10% take-profit. I even embed these rules into the exchange's API, with an error margin of no more than 0.1%. Some laugh at me for being too rigid: how can I possibly make money if I don't keep track of moving averages, trending topics, or industry news?
But the truth is, those who scrutinize dozens of indicators and chase dozens of tweets every day often suffer the most losses.
I simplify my chart analysis to the extreme: I only look at the 4-hour candlestick chart, plus a light gray 20-day moving average.
I glance at it at the close each day; if there's an "N" pattern, I place a conditional order; otherwise, I close the software.
The rest of the time, I enjoy coffee, walk the dog, and spend time with family, letting the market fluctuate as it may.
When profits reach key points, I promptly "withdraw" capital: at 1.5 million, I withdraw all my principal; at 8 million, I transfer half, and the remainder continues to compound.
Even if a black swan event occurs the next day, my core position remains rock solid.
I also have three ironclad rules that I check daily during my review:
Don't chase rallies, wait for confirmation of patterns;
Don't hold onto losing positions, exit immediately if a breakout occurs;
Don't linger in the market, withdraw cash once the target is reached.
There are no guaranteed profits in the cryptocurrency market; it's all about continuous filtering.
Filter out leverage, FOMO (fear of missing out), and all the market noise. What remains is the real deal.
Don't expect to get rich quick. Achieving 20 consistent 10% returns,
turning 50,000 into 10 million is just a matter of time.
I've weathered the darkest nights and witnessed the brightest dawns in the cryptocurrency world.
The market always rewards patience. When the next wave of growth arrives...
