From a loser’s road to success, my guide to escaping the rat race. Last year, I was still swiping through job apps on the subway, and now I have six figures lying in my account. Don’t think that trading cryptocurrencies is all about luck; today, I’ll teach you the dumbest way to feast on profits!
Step 1: Stock Up
Focus on the top gainers within 11 days, but remember—don’t touch the sick cats that have been down for three days or more. Those pump-and-dump schemes are just scamming the greedy. When I got burned by Luna, I realized this lesson to avoid being left out in the cold.
Step 2: Verify the Goods
The MACD golden cross on the monthly chart is the baseline; it’s like checking a credit score when looking for a partner. Last year, when I saw AVAX’s monthly chart turn red, I knew it was worth investing in.
Step 3: Show Your Sword
When the daily chart dips near the 60-day moving average and the trading volume suddenly spikes with a bullish candle—don’t hesitate, go in heavy. Just like when ORDI bounced back last month, I closed my eyes and jumped in.
Step 4: Reel It In
Remember these three numbers: 30%, 50%, and cut losses when the line breaks. Take out 1/3 when it rises 30%, cut another 1/3 when it hits 50%, and let the profits run. But if it crashes through the 60-day line the next day—don’t ask questions, just cut your losses! Before the FTX collapse last year, I survived thanks to this discipline.
The most crucial part of this method isn’t the win rate, but ensuring you’re always on the winning side. Last month’s PEPE wave, I started at 0.000008 and decisively cashed out when it broke the moving average at 0.000012. Although I missed out on some later gains, it’s better than being stuck at the peak now.
Don’t fall in love with coins; break up when they dip below the moving average. When the market is good, everyone seems like a stock god, but when the bear market hits, you’ll see who’s swimming naked. Remember, candlestick charts don’t lie, but your wallet might.
Finally, a parting thought: In a bull market, even fools can make money, but it takes real guts to survive in a bear market. I’ve spent nights staring at candlestick charts until dawn, but now it’s time to eat and sleep—once discipline is in place, money will naturally chase you.