I have been trading cryptocurrencies for 10 years, from liquidation to sleepless nights, to now making stable profits; I have relied on one principle to get here:
Never act without familiar signals!
Even if opportunities slip away right in front of me, I won't chase them.
Because I understand—only those who survive in the crypto space are qualified to talk about making money.
By sticking to this, my annual return can remain stable at over 50%; I don't rely on all-in bets, and I don't gamble on the market; I just rely on understanding trends and strictly adhering to discipline.
This article is dedicated to all the newcomers still struggling in the crypto space; it's not about making calls, it's a survival manual.
1. Only trade after 9 PM.
Stop wasting time during the day.
During the day, news is chaotic, and bears and bulls clash; price fluctuations can be like cramps.
Truly clean and clear trends often appear after 9 PM.
Especially during the transition between European and American markets, once the direction is clear, it often moves more smoothly.
2. After making money, the first thing to do: cash out.
The biggest problem in the crypto space is not not being able to make money, but making money and not cashing out.
Every time my account increases by 1000U, I immediately withdraw 300U to my bank card and let the rest continue to grow.
Why?
Because the money you withdraw is real, while the numbers in the account are just numbers.
Too many people make 10,000U and want to double it; as a result, after a wave of pullback, they can't even protect their principal.
3. Look at the candlesticks, not at feelings.
In trading cryptocurrencies, relying on 'feelings' is the biggest taboo; it can be fatal.
My suggestion: Install TradingView on your phone and monitor MACD, RSI, and Bollinger Bands, these three indicators.
Open a position only when at least two signals are consistent.
Do not look at short cycles like the 5-minute chart; for short-term trading, look at the 1-hour chart, and for trends, look at the 4-hour chart.
For instance, if I go long on ETH, I will only follow up if it stays strong above the middle band for two consecutive hours.
If it consolidates, look for support levels on the 4-hour chart and wait to enter when it approaches the support area.
4. Stop-loss must be flexible.
Many people set stop-losses mechanically; once the market is washed out by manipulators, they get taken out.
I will mention two approaches:
When you have time to watch the market, dynamically raise your stop-loss (for example, if you open at 1000 and it rises to 1100, move the stop-loss to 1050).
When you are out and can't watch the market, set a hard stop-loss at 3% to prevent market manipulation.
Stop-loss is not a shame, but a passport to survival.
5. Must withdraw profits at least once a week.
This is a habit I developed early on.
Every Friday, without exception, withdraw 30% of the profits.
No matter how much you earn, first withdraw it from your account to your bank card before considering the next position roll.
If you stick to this action for 3 months, you will find that you've finally broken free from the cycle of repeatedly going to zero.
6. Remember these taboos.
Leverage should not exceed 10 times; beginners should best keep it within 3 to 5 times.
A maximum of 3 contracts a day; overtrading can lead to emotional decision-making.
Stay away from Dogecoin, shitcoins, and meme coins; they are all high volatility + low value manipulations.
Never borrow money to trade cryptocurrencies, even if you think this time it’s a sure win.
And one more important point:
Trading cryptocurrencies is not a gamble; it’s a profession.
You need to have a working person's rhythm: check the market at set times, shut down at set times, take profits when you can, and stop when you incur losses.
Don't stay up late, don't chase prices, and don't fantasize about free money falling from the sky.
If you really do this for three months, you will find that stable profits are more important than getting rich quickly.
It's not that you can't make money; you just haven't learned how to hold onto profits.
Remember this logic; maybe the next Cullinan will be parked right under your building.
As long as retail investors follow these six points, turning 100,000 into 5 million is not a difficult task. These six points seem simple, but very few can truly achieve them. Here are the 'six iron rules' for winning in the crypto space, helping you navigate the market with ease!
1. Understand stop-loss and take-profit; trading is for profit, not for holding forever. When the position goes wrong, decisively sell to avoid losses. Don't be greedy when making money in the crypto space, and don't hesitate when facing losses.
2. Don't pursue absolute highs and lows; the market always has lower lows and higher highs, which ordinary people find hard to grasp accurately. We just need to buy in the bottom area and sell in the top area, capturing the major trend.
3. Volume and price must perfectly match; rising without volume or hitting new highs without volume is often a signal of selling by the main force or exhaustion of the upward trend. Better to miss out than chase volume, to avoid becoming a bag holder.
4. Be quick to react; when positive news emerges, quickly identify related sectors and projects. If you miss the first tier, promptly position yourself in the second tier to still achieve decent returns.
5. Learn to rest; the main upward trend of a cryptocurrency is usually short-lived, while most other times are spent in consolidation or pullbacks. Capture the main trend and learn to rest during other times to avoid the costs of frequent trading.
6. A sharp decline is the biggest benefit; market crashes often breed greater opportunities. Be greedy when others are fearful, and fearful when others are greedy. When the market crashes, don't panic; choose quality assets to build positions and wait for a rebound.
Success is not accidental; opportunities are also reserved for those who are prepared. Follow me, Gongzhong (Crypto Educator), for the secrets to doubling your capital. In the future of the crypto space, no matter how the market behaves, I will walk alongside you. Lastly, I wish all traders still struggling in the crypto space to reach the shore soon.
