Treat Crypto Trading Like a Job — Not a Gamble
When I started trading crypto, I made every mistake in the book—staying up all night, chasing gains, panicking over losses, and letting emotions take control. I burned out fast and lost money often.
Eventually, I simplified everything with one rule:
“If I don’t see a signal I trust, I don’t trade.”
That mindset shift changed everything.
Today, I average over 70% annual returns—not from luck, but discipline. If you're starting out, here are five simple lessons I learned the hard way:
1. Take Profits Early
Don’t wait for the “big score.” If you earn $1,000, withdraw $300 immediately. Keep the rest in play. Greed ruins more traders than bad markets.
2. Trade with Signals, Not Feelings
Use tools like TradingView. Check:
MACD: Golden/death cross
RSI: Overbought/oversold
Bollinger Bands: Squeeze or breakout
Only trade if two or more indicators align.
3. Adjust Stop-Losses Smartly
If you’re watching the market, lock in gains by moving your stop-loss up. Bought at $1000 and it hits $1100? Move your stop to $1050.
Can’t watch? Set a hard 3% stop-loss.
4. Withdraw Weekly
Every Friday, withdraw 30% of profits. It keeps your gains real and your account growing steadily.
5. Read Candles with Purpose
1-hour chart: Two bullish candles = possible entry
4-hour chart: In sideways markets, look for price bouncing off support
Choose the right chart for the right move.
Final Tip:
Treat trading like a job. Clock in, clock out. Eat, sleep, live normally.
The more structured your approach, the more consistent your returns.
Discipline always beats impulse.