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Having been in the crypto space for many years and experienced countless market fluctuations, my deepest realization is: making money doesn't rely on luck, but on principles learned through enough losses.
Many people ask about coin selection and trading strategies. Honestly, the methods are quite simple. It is these seemingly straightforward things that are the core to truly making money.
**Don't rush in when the market moves**
Whenever prices fluctuate sharply, many can't resist trying to "buy the dip and rebound." As a result, they make reckless moves and get liquidated. I’ve fallen into this trap before, and looking back, it’s really quite frustrating.
**Start with the top gainers**
Why? It’s simple—only coins that have risen will have active trading, and there will be opportunities later. If a coin remains stagnant, investing in it is meaningless.
**Don’t overly rely on daily charts; MACD on the monthly chart is key**
Daily charts reflect short-term volatility, but real opportunities are hidden in long-term trends. When MACD shows a golden cross, consider entering. If there’s no golden cross, stay in cash. Betting on oversold rebounds has very low odds; it’s basically gambling and losing each time.
**The 70-day moving average is my iron discipline**
This is the line I check daily. When the price pulls back to near the 70-day moving average and volume starts to increase, it’s a good time to add positions. Patience and confidence are needed here—wait for the signal to be fully confirmed before acting. If no signal appears, keep waiting.
**Control your rhythm after entering**
Hold your position as long as the price is rising. Once it falls below the moving average support, sell immediately. Most mistakes come from "reluctance to exit," always hoping for a rebound, which eventually turns profits into losses.
Profit-taking also requires strategy. Don’t try to take all gains at once. For example: sell half when the gain reaches 30%, and sell the remaining half when it hits 50%. The market changes rapidly, and missing this wave isn’t scary—opportunities keep coming.
**The most important survival rule: exit immediately if the price falls below the 70-day moving average**
This is an unconditional rule—no matter how long you’ve held, once it drops below this line, you must exit. Don’t fight the market, and don’t gamble with your account. This principle is key to survival.
**Simplicity is strength**
The simpler the trading strategy in crypto, the easier it is to stick to. Don’t always think about "reversing the trend in one shot." True profit comes from consistently following discipline and managing your emotions. Follow the rules step by step; seemingly ordinary repetitions will eventually lead to wealth accumulation.