I have traded crypto for 10 years, achieved a small target of 1.1, and if you want to change your fate, you must try the crypto space. If you can't get rich in this circle, ordinary people will have no opportunity in their lifetime. Recently, I had the fortune to drink fine tea with a big shot in the crypto space and discussed the ups and downs of the crypto market. His words deeply shocked me. He once had a liquidation of 50 million yuan due to contracts within three days. This experience was undoubtedly a profound lesson for him. Looking back at my own journey in the crypto space has also been tumultuous.
The dumbest trading method, I have tried many trading methods, but most lack practicality. Only this method has allowed me to achieve relatively sustainable profits, and I still use it now; it is very stable.
Don't worry about whether you can learn it; I can seize this opportunity, and so can you. I'm not a god, just an ordinary person. The difference between others and me is that others overlook this method. If you can learn this method and value it in your future trading, it can help you earn an additional 3 to 10 percentage points daily.
First step: Add coins with significant increases in the last 11 days to your watchlist, but be careful to exclude any coins that have fallen for more than three days to avoid funds already taking profits.
Step 2: Open the candlestick chart and only look at the MACD golden cross at the monthly level for each coin.
Step 3: Open the daily candlestick chart; here only look at the 60 moving average. As long as the price pulls back near the 60 moving average and a volume candlestick appears, then enter heavily.
Step 4: After entering, use the 60 moving average as a standard. Buy when above it, exit when below it; this is divided into three details.
The first is to sell one-third when the wave rises by over 30%, the second is to sell another one-third when the wave rises by over 50%, and the third, which is the most important and core to determining whether you will profit, is if you buy on that day and the next day unexpected situations arise leading the price to directly fall below the 60-day moving average, you must exit completely and not hold any lucky thoughts. Although the probability of falling below the 60-day line through this method of combining monthly and daily line selection is very small, we still need to have risk awareness. In the crypto space, preserving capital is the most important thing. Even if you have already sold, you can wait for it to meet the buying conditions again before buying back.
Ultimately, it's not the method that makes it hard to make money, but execution. 'When the price directly breaks below the 60-day moving average, you must exit completely and not harbor any lucky thoughts.' Just this one sentence has killed 90% of people.
In short, in the crypto space, you cannot be rigid; adaptability is the key to long-term survival in the market. Therefore, we must pay attention to the fact that the overall market situation and individual coin situations are completely opposite; trading crypto appears to be a contest with the market, but in reality, it is a contest with human nature. The risks you see on the surface may actually be opportunities; sometimes you see an opportunity, but it might be a trap to tempt you.
How can crypto traders maintain calm during market volatility? These four strategies are worth saving.
First, it's not that you can't understand the market; it's that emotions acted first.
In the past week, the market has been highly volatile. Many people did not explode due to trend reversals but due to their own actions.
This reminds me of a harsh truth: many losses in the crypto space are not due to technical issues, but emotional management issues.
Price fluctuations amplify your emotions.
And your emotions directly interfere with your rational judgment.
Making money is not difficult; what's difficult is not being greedy when in profit, not panicking when in loss, and not acting chaotically amid fluctuations.
2. Why does high-frequency stimulation in the crypto space easily lead to emotional breakdowns?
First, 7×24 hours of market, never resting.
Traditional finance has closing hours; the crypto space does not. The never-ending price fluctuations will put you in a state of 'always monitoring the market', causing psychological fatigue.
Second, the fluctuations can easily reach double digits, causing excessive stimulation.
You may have envisioned a 10% rise, but what you actually get is a 30% rise in one hour and a drop back to the starting point in two hours. This kind of 'rollercoaster market' can easily trigger intense anxiety and impulsive decisions.
Third, social platforms amplify panic and FOMO.
When you are watching the market, you are also scrolling through X (Twitter) and Telegram groups. KOL says 'a breakout is coming', and you can't help but follow; the next second someone says 'run', and you want to cut. You think you are gathering information, but you are actually being swept up in emotions.
So it's not that you don't understand candlesticks, but you are unprepared in the face of emotions.
3-4 practical mindset management strategies to help you stay calm amidst fluctuations.
Strategy 1: Set a 'cooling period' for profits.
When your account profits exceed expectations, do not make the next decision immediately. Force yourself to wait 12 to 24 hours without making any additional buying, adjusting, or chasing high operations.
Avoid the typical overconfidence trap of 'wanting to make even more money'.
Strategy 2: Formulate a 'premise checklist'.
Before each opening, clearly write down these three points:
What logic am I looking at?
What signals will make me take profits?
Under what conditions must I exit?
Train yourself to 'think before acting' rather than 'price drives emotions'.
Strategy 3: Set up an 'emotional reminder mechanism'.
Establish a list of emotional trigger words for yourself, such as: 'want to add to my position', 'already lost so I'll hold on', 'wait a bit, it might rebound'. As long as these words appear in your mind, trigger a calming procedure: first pause operations, turn away from the screen.
Strategy 4: Not watching the market is also a skill.
In times of market volatility, often the best solution is not to trade.
Set an observation time period and only check the market during fixed periods. During other times, filter out information inputs to avoid being disturbed by noise.
Calmness is not innate; it is trained. Especially in the crypto space, every act of 'doing nothing' is a victory.
4. Summary: The difference between you and losses is actually just a calm self.
You don’t not understand technology or logic; it’s just that at the moment of volatility, emotions overwhelm reason.
Staying calm is not just a slogan; it's a capability that needs to be materialized.
Pre-set contingency plans, manage emotional contexts, allocate energy focus...
These mindset management skills, like candlestick analysis, are worth your energy to refine.
A person who can make calm judgments amid severe fluctuations is a true trader in the real sense.
Today, I will introduce a 'foolproof' forex moving average trading method. Just remember the following few common moving average patterns; the characteristics, meanings, and operation suggestions are all here. I hope it helps you.
1. Bullish arrangement.
Main characteristics:
1. Appears during an uptrend.
2. Composed of short-term, medium-term, and long-term moving averages from top to bottom.
3. The three moving averages form an upward arc.
Technical meaning: Long signal, continue to be bullish.
Operation suggestion: In the early and mid stages of a bullish arrangement, actively go long; in the later stages, be cautious.
2. Bearish arrangement.
Main characteristics:
1. Appears during a downtrend.
2. Composed of short-term, medium-term, and long-term moving averages from bottom to top.
3. The three moving averages form a downward arc.
Technical meaning: Short signal, continue to be bearish.
Operation suggestion: In the early and mid-stages of a bearish arrangement, focus on shorting; in the later stages, be cautious about shorting.
03 Golden cross.
Main characteristics:
1. Appears during the early stages of a rise.
2. Composed of three short, medium, and long-term moving averages.
3. The short-term moving average (fast line) crosses above the long-term moving average (slow line).
Technical meaning: Bottom signal, bullish outlook for the future.
Operation suggestion:
1. After a significant drop in the exchange rate, this signal appears, you can actively go long.
2. Medium to long-term investors can buy when this signal appears on the weekly or monthly candlestick charts.
Main hint: The greater the angle of the two lines crossing, the stronger the upward signal.
4. Death cross.
Main characteristics:
1. Appears during the early stages of a decline.
2. Composed of three short, medium, and long-term moving averages.
3. Short-term moving averages cross over long-term moving averages (slow lines).
Technical meaning: Top signal, bearish outlook for the future.
Operation suggestion:
1. After a significant rise in the exchange rate, this signal appears, and you can actively short.
2. Medium to long-term investors can sell when this signal appears on the weekly or monthly candlestick charts.
Main hint: The greater the angle of the two lines crossing, the stronger the downward signal.
5. Yingshan Valley.
Main characteristics:
1. Appears during the early stages of a rise.
2. Composed of three short, medium, and long-term moving averages that cross one after another, forming an irregular triangle pointing upwards.
Technical meaning: Bottom signal, bullish outlook for the future.
Operation suggestion: Yingshan Valley can generally serve as a buying point for aggressive investors.
6. Jingshan Valley.
Main characteristics:
1. Appears after Yingshan Valley.
2. The formation method of the irregular triangle of Jingshan Valley is the same as that of Yingshan Valley.
3. Jingshan Valley can be positioned close to or above Yingshan Valley.
Technical meaning: Buy signal, bullish outlook for the future.
Operation suggestion: Jingshan Valley can generally be a buying point for conservative investors.
Main hint: The longer the time interval between Jingshan Valley and Yingshan Valley, the higher the position, the greater the potential for future price increases.
7. Death Valley.
Main characteristics:
1. Appears during the early stages of a decline.
2. Composed of three moving averages that cross, forming an irregular triangle pointing downwards.
Technical meaning: Top signal, bearish outlook for the future.
Operation suggestion: A top signal should actively short, especially if this pattern appears after a significant rise in stock prices, you must promptly cut losses and exit.
Main hint: Sell signals are stronger than death crosses.
8. First adhesion diverging upwards.
Main characteristics:
1. It can appear during sideways periods after a decline or after an increase.
2. The short, medium, and long-term moving averages diverge upwards simultaneously in a jet-like manner.
3. Several moving averages previously adhered together before diverging.
Technical meaning: Buy signal, bullish outlook for the future.
Operation suggestion: Aggressive investors can buy at the initial point of upward divergence.
Main hint:
1. The longer the time of adhesion, the greater the force of upward divergence.
2. When diverging upwards, if the trading volume also synchronously expands, the reliability of the signal increases.
9. First adhesion diverging downwards.
Main characteristics:
1. Can appear during the late stage of sideways movement after an increase or during the late stage of sideways movement after a decline.
2. The short, medium, and long-term moving averages diverge downwards simultaneously in a waterfall-like manner.
3. Several moving averages previously adhered together before diverging.
Technical meaning: Sell signal, bearish outlook for the future.
Operation suggestion: Whether aggressive or conservative investors, when seeing this signal, they should promptly cut losses and exit.
Main hint:
1. The longer the time of adhesion, the greater the force of downward divergence.
2. When diverging downwards, if the trading volume simultaneously increases, the future market outlook becomes worse.
10. Re-adhesion diverging upwards.
Main characteristics:
1. Appears during an uptrend.
2. After one upward divergence, it can also be an upward crossing divergence, but soon the previously diverging moving averages adhere together again, then diverge upwards again.
3. The short, medium, and long-term moving averages diverge upwards again in a jet-like manner.
Technical meaning: Buy signal, bullish outlook for the future.
Operation suggestion:
The best buying point for the moving average to diverge upwards again should be at the second upward divergence. If the moving average shows a third or fourth upward divergence, the strength is less than the second; buyers should be cautious.
Main hint:
1. The longer the time of adhesion, the greater the potential for continued upward movement.
2. The 'again' referring to the second upward divergence generally refers to the second time; a few are the third or fourth time, their characteristics and technical meanings are the same.
11 Climbing the mountain shape.
Main characteristics:
1. Appears during an uptrend.
2. The short, medium, and long-term moving averages generally move upwards along a certain slope.
Technical meaning: Long signal, bullish outlook for the future.
Operation suggestion: 1. You can actively go long as long as the exchange rate does not rise excessively. Those with chips can hold for a rise.
Main hint: The smaller the slope, the longer the rise time, and the more potential for future gains.
12. Wave rising shape.
Main characteristics:
1. Appears during an uptrend.
2. When the short and medium-term moving averages rise, multiple crossing phenomena occur, and the long-term moving average supports the short and medium-term moving averages upward with a diagonal line.
3. Waves rise one after another; the wave shapes are very clear.
Technical meaning: Long signal, bullish outlook for the future.
Operation suggestion: As long as the exchange rate does not rise excessively, those with chips can hold for a rise.
Main hint: The more orderly the wave shape during an uptrend, the more reliable the signal.
I introduced 12 classic moving average trading patterns at once. Some friends may not understand or remember them in a short period, but that's okay; the old rule, just bookmark it! You can refer back to it when you need it.
In this mysterious field full of opportunities and challenges in the crypto space, some become rich overnight while others lose everything.
When your account grows from tens of thousands to hundreds of thousands, you will touch some thoughts and logic about making big money, and your mindset will stabilize a lot.
After this, continuously replicate successful experiences.
Don’t always fantasize about millions or even billions; start from your own reality and avoid empty talk; after all, bragging will only make the bull comfortable.
Two years ago, I met a senior in Shanghai who easily withdrew more than 12 million from the crypto space using the simplest method. He taught us that the way is always simple. Trading in crypto should not be overcomplicated; the more you think about it, the more inaccurate your judgments will be.
Those who lose money trade like this; if you want to profit, it's really simple: just find a method that suits your strengths and repeat it. Unknowingly, your account numbers will go up.
Below are several mantras he shared; just being able to learn them, while not as good as the seniors who can multiply dozens or hundreds of times, at least being able to earn some pocket money should not be a problem.
First, wait for the highs and lows to consolidate. When the market is in a sideways consolidation, it's best to wait and observe because after consolidation, there will be a trend change. Once a clear trend appears, then we can act.
Second, don’t hold onto a hot position; frequently change positions from beginning to end; in the end, a complete short. All hot short-term positions are speculation, and once the heat passes, funds will exit immediately. If you run too slowly, you’ll be left alone in the wind.
Third, a rise with a gap indicates hope for a significant increase during the upward movement, with candlesticks slowly rising and high opening bullish candles appearing, along with expanded volume, indicating the market is entering an acceleration phase. At this time, we must remain calm, hold the tickets steady, and what awaits you will be a big profit.
Fourth, don’t get attached to massive bullish candles; exit decisively at the end of the day, regardless of whether at a high or low position. After a massive bullish candle appears, there will be a pullback, even if it hits the limit, you should exit. We must prevent profit withdrawal.
Fifth, when buying with a bearish candle, also buy with a bullish candle; when selling with a bearish candle, also sell. Here, 'line' refers to moving averages or important support or resistance levels. Short-term traders generally only look at daily moving averages and daily attack lines. I don't like to drag things out; short-term trades usually only hold for three days, at most not exceeding one week, even if things improve later, it has nothing to do with me.
Sixth, don’t chase highs, don’t sell; don’t dive, don’t buy; stay flat. This rule can be said to be the basic principle for survival in the crypto space. If you want to survive for a long time in the crypto space, you must memorize this sentence well.
Seventh, be ready to buy; prepare in advance, better to enter less than more. No matter how confident you are, you cannot invest all your funds at once. Because in the crypto space, the only constant is change.
Eighth, learn to look at the news and interpret market information. When significant market news comes out, it is usually when cryptocurrency prices fluctuate the most; it may rise sharply or fall sharply, requiring traders to judge. For beginners, it is advisable to mainly wait during significant news.
Ninth, learn to look at the technical side, master the knowledge of technical indicators. Learning technical indicators requires long-term accumulation; set a learning plan for yourself, learn to look at moving averages, KDJ, Bollinger Bands, candlesticks, volume and price, capital flow, etc.
Tenth, make a good trading plan, do not trade frequently. Frequent trading not only incurs high transaction fees but also affects the trading mindset, leading to loss of rational judgment.
Eleventh, do a good job of risk control; set stop-loss and take-profit during trading, control risks, keep profits and risks within a range you can accept. When the price reaches the stop-loss or take-profit point, the system will help me automatically.
Want to double the account, want to eat big profits, want to successfully recover the costs.
Stay close to the rain and prepare for the main upward wave of the bull market!
Continue to pay attention: BTC TRB NXPC.
