In the year $BTC 17, I started trading cryptocurrencies. From 2021 to 2024, I reached an 8-digit capital, but it wasn't just luck; it was the result of losing enough to understand the principles.
Some people always ask me: "Bro, what do you look at when choosing coins and making purchases?"
To be honest, my current method is super simple, but the results are really stable.
I'll just share it casually; if you can understand, feel free to copy it; if you can't, just consider me bragging:
First, look at the gainers list.
Every time I choose a coin, the first step is to open the gainers list,
and see who has moved or increased in the last half month, then add them to my watchlist.
Why? Only those that have increased attract attention, which leads to further gains.
Second, pull up the monthly MACD chart.
No need for too many technical indicators; just look for one thing—Is there a golden cross?
A golden cross indicates a trend; don't keep hoping for a rebound from a sharp drop; I've had enough of that kind of gambling.
Third, look at the daily chart, focusing only on the area near the 60-day moving average.
As long as the coin price pulls back to near the 70-day moving average and there is increased volume, I will heavily invest.
No guessing or gambling; I act when I see a signal and rest when there is none.
To be honest, those who continue to gamble below the 70-day line are mostly either losing money or facing liquidation.
Fourth, after entering, don't get attached; make decisions based on the chart.
Hold above the line, and leave as soon as it breaks; don't hesitate.
Think about it: how many people end up turning profits into losses because they couldn’t bear to leave?
For me, I only believe in discipline now.
Fifth, take profits in stages.
If the gain exceeds 30%, I will definitely cut half;
If the gain reaches 50%, I will cut another half.
Don't think you can eat the entire segment; the market won’t feed you everything, got it?
Sixth and most importantly—if it drops below the 70-day moving average, just walk away.
Whether you just bought or have been stuck for a few days, a drop below is a signal,
leave immediately, without hesitation, without being soft-hearted; this principle has saved me countless times.
Some might say this approach is too mechanical?
I tell you, it should be mechanical; the more emotional you are, the faster you’ll fail.
Look at the points I made; which one is difficult? None of them are hard,
the hard part is whether you can actually do it, not whether you understand it.
So when you ask me how to turn things around and make money?
These are the rhythms I learned from losing 6 million.
The market always has opportunities,
but most people never live to see the wave where they can make a profit.$BTC
Currently, for friends who are confused and losing in trades and want to turn their account around, follow the rhythm of the manager.
