8 years of trading cryptocurrencies made 6 million. It’s not luck that helped me, but the lessons learned from countless losses.

Many people ask me how to choose coins and how to trade? Actually, my current method is super simple, but it’s precisely these simple rules that are the core of making money.

In the past, I also made foolish mistakes: I couldn't resist the urge to 'go all in' when I saw market fluctuations, and after a series of reckless operations, I ended up with a total loss. Looking back now, those impulses were all pitfalls. Today I will share a few practical 'strategies' that you can follow if you dare to execute:

First, when selecting coins, look at the gainers list; only coins that have increased in price will have active order books, which means there will be opportunities later on; those that remain stagnant are a waste of time. Next, check the monthly MACD; enter the market when a golden cross appears, and stay out if there is none. K-lines can only reflect short-term fluctuations; the real opportunities lie in long-term trends. Don’t bet on a rebound after a significant drop; low probability events will likely lead to losses.

Second, keep a close eye on the 60-day moving average. When the coin price pulls back near the 60-day line, and the trading volume increases, I dare to increase my position. If the signal hasn’t shown up, wait; when it does, hold steady and don’t panic.

Third, enter the market without being overly attached, and take profits in a structured way. If the price rises, hold your position; however, if it drops below the 60-day line, clear your position immediately! Many people fail because they are 'reluctant to leave', always hoping for a rebound, which turns profits into losses. Don’t be greedy when taking profits: if you make 30%, cut half; if you make 50%, cut half again. It’s okay to miss out; there are plenty of opportunities in the market.

The most critical rule: if it drops below the 60-day line, withdraw! No matter how long you’ve held your position, never confront the market head-on; this is the core reason I’ve survived in the crypto space.

The simpler the method in the crypto world, the easier it is to execute; don’t always think about 'turning it around in one go'. The ones who truly make money are those who continuously execute discipline and control their emotions.

What I talked about today are my hard-earned lessons: the crypto world will not treat those who follow the rules poorly, but it will surely teach a harsh lesson to those who do not understand respect! @分析森财