Treat trading as a job; clock in and out every day.
In the early years of trading, I was like many others, staying up late watching the market, chasing highs and cutting losses, losing sleep over it. Later, I gritted my teeth and insisted on using just one dumb method, and surprisingly managed to survive and started to stabilize my profits.
Looking back now, although this method is dumb, it works: 'If I don't see the signals I'm familiar with, I resolutely don't act!'
Better to miss out on a trend than to place random orders.
With this ironclad rule, I can now maintain an annual return rate of over 50%, and I no longer have to rely on luck to survive.
Here are a few survival suggestions for beginners, all based on my own losses in real trading:
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1. Trade only after 9 PM.
During the day, news is too chaotic, with various false positives and negatives flying around, causing prices to jump like a spasm; it's easy to get tricked into the market.
I usually wait until after 9 PM to operate; by that time, news is generally stable, and the candlesticks are cleaner, and the direction clearer.
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2. Take profits immediately after making money.
Don't always think about doubling! For example, if you made 1000U today, I suggest you immediately withdraw 300U to your bank card, and continue playing with the rest.
I've seen too many people who made three times their money but wanted five times, only to lose it all in one pullback.
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3. Look at indicators, not feelings.
Don't place trades based on feelings; that's just blind luck.
Install TradingView on your phone and check these indicators before placing a trade:
• MACD: Is there a golden cross or death cross?
• RSI: Is there overbought or oversold?
• Bollinger Bands: Is there a contraction or breakout?
At least two of the three indicators must give a consistent signal before considering entry.
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4. Stop losses must be flexible.
When you have time to watch the market, if you make profit, manually move the stop loss price up, for example, if the purchase price is 1000, and rises to 1100, move the stop loss to 1050 to secure profits.
But if you have to go out and can't watch the market, be sure to set a hard stop loss of 3% to prevent sudden crashes from wiping you out.
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5. Must exit every week.
Not withdrawing profits is just a number game!
Every Friday without fail, I transfer 30% of my profits to my bank card, and let the rest continue to roll over. Over time, my account will keep growing.
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6. There are tricks to reading candlesticks.
• For short-term trades, look at the 1-hour chart: if there are two consecutive bullish candles, consider going long.
• If the market is flat, switch to the 4-hour chart to find support lines: consider entering when prices are near the support level.
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7. Never step into these traps!
• Leverage should not exceed 10 times; beginners should ideally control it within 5 times.
• Don't touch Dogecoin, shitcoins, and these altcoins; they are easy to get harvested.
• At most, make 3 trades a day; too many can lead to losing control.
• Absolutely do not borrow money to trade!
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One last piece of advice for you:
Trading is not gambling; treat it as a job, clock in and out daily, shut down when it’s time, eat when it’s time, sleep when it’s time, and you will find — profits will actually become more stable.
"How do you survive in the crypto space?"
"A very dumb method, but very effective."
—— This is my most honest answer after years of struggling in the crypto space.
This method is called the 'Lid Top Reversal Strategy.'
A technique that sounds basic and looks simple.
Yet it has repeatedly saved me from the brink of losses, allowing me to survive and make money.
Today, I want to explain it thoroughly and reveal the 'principle' behind it.
The truly useful techniques are often the simplest.
In the crypto world, there are too many complex methods, indicators, patterns, AI quantification, GPT strategies...
But what makes money are often the very few simple and effective methods.
'Lid Top' is such a simple yet highly practical pattern.
It has three core characteristics:
Trend is clear: it must be formed during an upward process, belonging to a top reversal signal.
Two peaks parallel: two candlestick highs close together, seemingly strong but without a breakout;
Bearish candle plunge: ultimately, it is a large bearish candle penetrating the structure, forming a 'lid' shape.
Why is it effective?
Because it is not a flashy combination of certain candlesticks, but rather represents a shift in market sentiment.
It tells us: the bulls no longer want to push, and the bears start to take action.
In the language of the market, this kind of 'turning point' is more real than any indicator.
The truth about trading: it's not complex, but rather 'clean and neat.'
Those who use the Lid Top method are doing one thing:
"Find the top, and get out."
Don't fantasize about rebounds; don't wait for a rescue.
No hesitation, no greed, no repeated verification.
Act when you see a signal; that's the victory of discipline.
You will find that those who can truly make money in the crypto space never pursue a 100% win rate.
Rather, it is about pursuing certainty in action, while allowing ambiguity to rest.
The moment the Lid Top forms is a very strong signal.
What you need to do is not 'wait and see,' but: cut losses, exit, and wait for the next opportunity.
Many people die waiting for a 'rebound', die from 'unwillingness',
In fact, they all die from ignoring signals and trusting emotions.
The so-called 'dumbest method' often comes closest to the truth of the market.
You will find a very ironic rule:
The less experienced and less skilled you are, the easier it is to make money using the Lid Top method.
Why?
Because they don't understand so many indicators and run away at the sight of a large bearish candle; simple and straightforward, yet it avoids most risks.
While some self-proclaimed 'experts' look at MACD, volume, Bollinger Bands crossovers, AI predictions...
Analyzing perfectly yet dying in indecision.
The dumbest method is actually the purest understanding —
"I don't know the market, but I know when to leave."
That's why I call it the 'dumbest' method.
Yet I can achieve a win rate close to 100%.
Beyond signals lies a respect for trends.
Trading is not divination; it's a game of probability.
You cannot control the rise and fall, but you can control your risk exposure and behavioral boundaries.
Trend breaks out, follow the trend; trend breaks down, exit immediately.
The Lid Top is not magic; it only reminds you when you should stop fantasizing.
Just like a trading philosophy states:
"Profit-taking relies on luck, but loss-cutting relies on discipline."
Many people clearly judge the trend correctly but die in execution.
The Lid Top is a methodology that helps you 'make up your mind.'
You don't make money by being smart; you survive by staying alive.
The crypto world is a place that goes against human nature in terms of cognition:
You want to catch the bottom, but it continues to drop;
You want to average down, but it rushes towards zero;
Just when you run away, it rebounds to show you...
But this is not the crypto space having 'issues' with you.
This is just the market telling you with blood:
This is not a place where money is made based on emotions.
And the Lid Top is precisely a strategy that goes against emotions and greed.
It tells you: 'Do not predict the future, just recognize the signals.'
It allows you to continuously harvest certainty, rather than being obsessed with perfect judgments.
In conclusion: Beyond signals lies the mindset.
Have you also experienced:
Adding positions at high points only to be trapped all the way;
Knowing the top signal is present, yet hesitating to exit;
Being led by emotions until losses become numb...
If you have ever experienced these pains,
So, the Lid Top is not just a technique.
It is a correction of 'irrationality' in trading; it is a mindset of respecting trends and the market.
Smart people rely on prediction, while experts rely on discipline.
True winners only do high-probability things.
You don't need complexity; you just need to be true to trading principles.
Learn one pattern, understand one logic, adhere to one discipline.
You can survive in the crypto world.
And surviving is the prerequisite for all win rates.
May you understand trends, grasp timing, seek victory steadily, and wealth will come naturally!