After 8 years of rolling in the cryptocurrency market, from someone who knew nothing to building a wealth of about a million U, I realized one important thing: success does not come from luck, but from lessons that must be paid for with real losses.
Many people ask me: How do you choose coins? What trading method do you use?
The answer is: the secret to making money often lies in very small details that are often overlooked.
1. The Biggest Mistake of Newbies: Seeing Price Fluctuate and Jumping In
Most investors lose money for a familiar reason: Seeing the market fluctuate and rushing to place orders.
The result is usually:
Buying the peak in excitement
Selling the bottom in panic
In the end, it's either burning out your account or heavy losses
I have also made this mistake. Looking back, I see that I acted entirely based on emotions, without a system, without discipline. And the market never compromises with emotions.
2. How I Choose Coins: Always Start From The Rising Coin List
When choosing coins, I always start from the list of coins that are increasing in price.
The reason is very simple:
Coins on the rise → the market is paying attention
There is cash flow → there is liquidity → there are opportunities
Conversely, those coins:
Staying still for many months
No volume
No story
…often just wastes your time and opportunities.
👉 Money only flows to where there is movement, not to where it is dormant.
3. Market Analysis: Don't Just Look at K-Line
Many people only focus on short-term candlestick charts, but overlook an extremely important factor: MACD on the monthly timeframe.
My principle:
Monthly MACD shows a golden crossover → enter decisively
No crossover yet → patiently wait
I absolutely do not catch bottoms just because the price has dropped sharply. Those “bounces” after a deep drop are often low probability but very high risk.
4. 60–70 Day Moving Average: Focus Each Day
Every day, I always monitor:
60-day moving average
Price range around 70 days
The strategy is very clear:
Price adjusts close to MA 70
Trading volume increases
👉 I will decisively increase my position
The market always offers opportunities to those who are prepared, not to those who are hasty.
5. Entering an Order Doesn't Mean You Have to Stay
Another common mistake is:
“Once bought, it must be held at all costs.”
I don't do that.
My principle:
Price increases → continue to hold
Price breaks below important support → sell immediately, without hesitation
Many people, unable to cut losses, always hope that “the price will come back,” and the result is:
Profits turn into losses, small losses turn into big losses.
6. Take Profits with Rhythm, Not Greed
I never all-in or all-out at once.
My profit-taking method:
Profit 30% → sell 50% of the position
Profit 50% → sell the remaining part
I accept:
Selling early
Missing the peak
Because in the market, opportunities are always there, but accounts are not.
7. The Most Important Principle: Breaking MA 70 Means Exit Immediately
This is my iron rule:
Price falls below the 70-day moving average → exit all positions
No explanation.
No hope.
No pity.
Surviving long-term in the market is more important than being right in a few trades.
8. Conclusion: Making Money Is Not Hard, Keeping Money Is the Hard Part
8 years in the crypto market taught me that:
There is no holy grail
There is no get-rich-quick formula
Only discipline, probability, and risk management
These experiences do not come from books, but are paid for with real money and painful lessons.
If you read this far, remember one thing:
The market always exists. The important thing is whether you are still around to seize opportunities or not.
Patience, discipline, and respect for market rules – that is the long-term path to survive and thrive in crypto.
