A big shot in the crypto world earning 40 million over 8 years tells you what to pay attention to in the crypto space!

In fact, once you grasp the tricks of trading cryptocurrencies, life feels like enlightenment!

Eight years ago, when I first stepped into the crypto world, like most retail investors, my losses and gains seemed entirely based on luck, and I couldn't grasp any patterns.

However, after spending a few years in the crypto space, through continuous learning and absorption, I finally began to understand and form my own investment system!

Today, I will share my trading strategies and insights with friends in the crypto world.

When I first started trading cryptocurrencies, I stayed up all night watching the market, chasing highs and selling lows, losing sleep over my losses. Later, I insisted on using a simple method, and surprisingly, I survived and gradually started stabilizing my profits.

Looking back now, this method, although simple, is effective.

If there are no familiar signals, I absolutely do not act!

I would rather miss out on opportunities than make random orders.

Thanks to this rule, I can now stabilize my annual return rate at over 70%, and I no longer have to rely on luck to survive.

Here are a few life-saving tips for beginners, all based on my real trading experience with losses:

1. Trade after 9 PM

During the day, news is too chaotic, with all sorts of fake good news and bad news flying around, causing the market to fluctuate wildly like a fit. It’s easy to be misled into the market. I generally wait until after 9 PM to trade; by then, the news is mostly stable, and the candlestick charts are cleaner, with clearer directions.

2. Look at indicators, not feelings

Don’t trade based on feelings.

Before making a trade, check these indicators:

MACD: Is there a golden cross or a death cross?

RSI: Is it overbought or oversold?

Bollinger Bands: Is there a squeeze or a breakout?

At least two out of the three indicators must give consistent signals before considering entering the market.

3. Stop loss: Dignity is more important than money

If the direction is wrong, cut immediately; hesitating for a second could lead to a 10% loss.

Fixed stop-loss method: 3% of capital as the red line.

Dynamic stop-loss method: After 50% profit, pull back 20% must exit.

4. Withdraw profits on time every week

For example, if you made 10,000 U this week, don’t always think about doubling it! I suggest you withdraw 4,000 U to your bank account immediately, and continue to play with the rest.

I’ve seen too many people who “made 3-5 times” their investment, only to lose it all in a single pullback. Keep rolling over the remaining amount. Over time, this way, your account will continue to grow.

5. There are tricks to reading candlestick charts

For short-term trading, look at the 1-hour chart: if the price has two consecutive bullish candles, you can consider going long.

If the market is stagnant, switch to the 4-hour chart to find support lines: consider entering when it falls near the support level.