Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
There's a saying that goes: Doing simple things repeatedly gives you a sense of direction; doing them with focus allows you to break out of the cycle of losses.
Over the years of navigating the crypto market, I've seen too many traders get dizzy from complicated indicators. They chase after high-flying black horse coins, study all kinds of magical strategies, and as a result, their accounts are like roller coasters. But I rely on just three simple principles, which not only keep me alive but also give me a steady rhythm. There's no black technology behind it—just discipline.
**First Principle: Follow the trend, don't go against it; only focus on strong coins**
I never try to guess bottoms or tops. Just look at the daily MACD: as long as there's a golden cross above the zero line, it indicates the coin has entered a strong zone. Is it simple? Yes. But that's the problem—most people lose money not because they can't find bullish coins, but because they try to pick up cheap ones in weak markets. The market's logic is cruel: the strong stay strong. If you choose the right direction, your actions will be meaningful.
**Second Principle: Moving averages are your life and death line**
When the price is above the daily moving average, I hold; once it effectively breaks below, I exit immediately. This rule has helped me avoid countless deep pullbacks, too many to count. Many people watch the breakdown signals with wide eyes, still thinking "hang in there," only to see unrealized gains turn into losses. The true essence of trading isn't about chasing profits but about ensuring you survive first.
**Third Principle: Volume tells the truth; a surge in volume is a signal**
When the price reclaims the moving average, don't rush to buy in. Wait until the volume clearly increases, indicating real funds are driving this move, not air trading. Opportunities are never lacking in the market; what you need is patience.
These three principles aren't fancy, but they keep me steady in the crypto market.