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Eight years of trading cryptocurrencies, I've seen many people crash and burn. I started with 800 dollars and grew it to 48 million. Looking back, it's not about talent or luck; it's about sticking to a method that many people laugh at as "too conservative."
Being steady is actually the strongest weapon for ordinary people. How to be steady? Divide your funds into five parts, operate each separately, and set stop-loss levels. What's the benefit of this? You only lose at most one part of your capital on a mistake, but you stand to earn at least ten points on a successful trade. Overall, you lose less and earn faster.
It's not about being ruthless; it's about resilience. Many people hope for a big turnaround, but I focus on stable compound growth. Trust the trend—that's crucial. A 90% dip followed by a rebound is often a trap; a rise followed by a pullback is usually an opportunity. Don't think you're smarter than the trend—that kind of thinking has killed too many people. I generally avoid coins that have surged dramatically; when they are sideways at high levels, don't chase them—those are full of people chasing highs. Instead of betting on coins to rise, bet on yourself not to make mistakes.
MACD is really reliable. A golden cross below the zero line and breaking through is a buy signal. A death cross above the zero line means reduce your position. It can help you avoid many pitfalls. There's also a strict rule: never add to a position when you're losing. Doubling down on losses only pushes you into the abyss. Only add to winning positions; this way, you can amplify victories instead of losses.
Volume and price are the most honest indicators. A volume breakout at a low level is a sign of takeoff; high-volume stagnation at a high level means you should exit quickly. Charts can deceive, but volume won't. I only trade in an upward trend—look at the 3-day moving average for short-term opportunities, the 30-day for medium-term, and only when the 84-day or above confirms the main upward wave. Follow the trend—don't dream.
Always review each trade. Ask yourself: Why did I buy or sell? Does the original logic still hold? Is the weekly support still intact? Reviewing turns seemingly lucky gains into real skill.
From 800 to 48 million, it ultimately comes down to habits. Steadiness, rhythm, execution—this is the only way out. If you can master three, you can survive; five, you can make money; eight, financial freedom might be just one complete cycle away.