3000U rolled out 280,000 U

I relied on the "dumb method" to survive in shorting, and this trading report card was exchanged for the blood and tears of three liquidations.

Three years ago, I entered the cryptocurrency world with 3000U, relying on neither insider information nor chasing after hot tips.

All based on the "death cross on the daily chart + 20-day moving average" dumb rules, I managed to roll a small amount of capital into 280,000 U. Today, I share this survival mentality with you; whether you can hold onto profits depends on your execution.

1. Waiting for signals

Never be impatient. The first appearance of a death cross below the zero line is the entry ticket for shorts. Regardless of any "positive news" or "big players bottom fishing," all are to be ignored. If you don’t see the signal, it’s better to remain in cash and binge-watch dramas than to gamble your capital on uncertain market conditions.

2. 20-day moving average

This is the life-and-death line. If the price is below the 20-day moving average, hold shorts steadily; once it closes above the moving average, you must close your position within 5 minutes of the next day's opening, with no excuses. The cryptocurrency world is never short of opportunities; what’s lacking is the capital to survive until the next opportunity. Missing out is always better than liquidation.

3. Volume and price take profit

Let profits run. If it breaks below the 20-day moving average with increased volume, decisively short your entire position. After each 40% drop, reduce your position by 1/3; after an 80% drop, reduce another 1/3, and keep a close eye on the moving average for the remaining position. As long as it closes back above, liquidate. Even if you encounter a V-shaped reversal, you can lock in 60% of the profit without enduring a heart-stopping roller coaster.

4. Closing stop-loss

Cut losses immediately. Many people fall into the trap of "let’s wait a bit longer."

My iron rule: if it closes back above the 20-day moving average, regardless of profit or loss, directly place a market order to close the short in the next day's auction. A moment of hesitation could wipe out three days' profits; discipline may be ugly, but it can save your life.

Not long ago, ETH dropped from 3600 to 2100, and I operated according to this template:

Enter at the death cross at 3000, reduce position by 1/3 at 2600, reduce another 1/3 at 2200, and liquidate at 2100. My account surged directly by 148%. Not thrilling, but guaranteed profit.

Small funds should avoid frequent operations; doing this method twice a month is considered high frequency. Turn trading into a production line, and emotions won’t have a chance to interfere.

My profit light has been lit; do you want to follow? @juice13