Brothers, let’s talk about something real. I was born in 1990, and this year I’m 35, having struggled in the crypto world for 10 years. When my capital shrank from 200,000 to only 30,000, I sat on the balcony and smoked half a pack of cigarettes, almost flipping my computer; now my net worth is over 50 million, and I spend my days having breakfast with my child, taking walks in the afternoon, and casually reviewing at night.

It’s not that I’m lucky; it’s that after falling too many times, I developed a trading logic that can withstand bull and bear markets. Below are 11 points, each one a lesson learned with real money that can save you five years of detours if understood.

1. Not acting during sideways movements is winning.

Extended sideways movement must change, but don’t guess the direction blindly. During that time in 2018, BTC was sideways at 6000 dollars for 8 days, and I thought 'it’s stable,' so I gambled my remaining 100,000. The result was a big bearish candle on the 9th day, smashing down to 3000 dollars, directly losing 70,000.

I later understood: when sideways movements last more than 5 days and there’s no clear outcome in the bull-bear struggle, waiting is ten times more valuable than acting blindly. If the market hasn’t given a signal, keep your cash ready and wait — opportunities are abundant; rushing in will only make you cannon fodder.

Hot coins are like ice pops in summer, melting faster than they rise. A few years ago, there was a new coin that everyone in the group shouted 'get in'; I made 20% on the first day, but my greed kept me from selling, and by the third day, the project team dumped it, losing 80% overnight.

Now I’ve set a firm rule: don’t cling to popular coins. When the group starts flooding with 'get rich quick' messages, I reduce my holdings by half; if people start calling 'scam,' I clear my position immediately. Remember: what retail investors know to be hot is already a setup for the main forces to harvest.

3. Be bold when the trend strengthens.

Don’t be scared off by 'fear of heights' during a major upward trend. In 2021, when ETH gapped up by 100 dollars, everyone in the group shouted 'trap,' but I was watching the K-line: it broke through previous highs with increased volume, and the 20-day moving average was tilting upwards, signaling a strong trend. I gritted my teeth and didn’t sell; it later rose to 2800 dollars, earning me 800,000.

When a trend comes, don’t always think about 'doing T to reduce costs'; frequent exits will only make you miss major opportunities. Strong trend + continuous volume increase = major upward wave; sitting tight is stronger than anything.

4. Take profit when there’s a large bullish candle.

A huge upward candle at a high position is mostly the main force 'calling for someone to take over.' When BTC surged to 48,000, the trading volume was three times that of the previous day, and the K-line was long and steep; I felt something was off and immediately reduced my position by 60%. The next day, it indeed corrected, preserving most of my profits.

Remember: A huge upward candle at a low position could signal a start, but at a high position (especially after tripling), it’s likely 'the final frenzy.' Sell half on the same day, even if it continues to rise afterward; at least what you have secured is real money.

5. Moving averages are the best 'safety belt.'

Don’t go against the trend; moving averages will tell you the direction. Now I only recognize one rule: if the price is above the 20-day moving average, I dare to buy on a pullback; if it breaks below the 20-day moving average, I sell when it rebounds near the average.

The 20-day moving average is the market's 'cost line.' Above it means most people are making money and the trend is upward; below it means most people are losing money and the trend is downward. Following the moving average at least prevents you from being ground into the dirt by a major trend.

3. Three No-Action Rules: Don’t sell when the price rises, don’t buy when it falls, don’t act during sideways movements.

These are the words I engraved on the wall after climbing out of the pit of frequent trading. In the past few years, I always felt 'not trading is a loss,' switching three coins a day, paying tens of thousands in fees, and when I finally calculated, it was better to just hold onto them.

Buying low and selling high is not aimless fidgeting; it is 'waiting for signals before taking action.' Sell when the price rises, buy when it falls, and observe during sideways movements — adhere to these three points to filter out 80% of ineffective trades.

7. Always diversify your positions; don’t be greedy or over-leverage.

The crypto world is full of opportunities, but what it lacks is 'breathing room for a comeback.' Even if you are 100% confident in a coin, invest a maximum of 10% of your position. When I had 30,000 in capital, I suffered losses from not diversifying: I put all my money into an altcoin, which fell 50%, leaving me speechless.

Now, even if BTC drops to 10,000 dollars, I only dare to increase my position by 20%. Remember: keep cash on hand, so you have bullets when real opportunities arise; someone who goes all in can win 9 times but lose once and end up at zero.

8. Observe market reactions to good and bad news; don’t be fooled by headlines.

The news itself isn’t important; what matters is whether the market 'believes it.' Last year, a coin claimed to have 'received major investment,' but the price fell when the news came out; that’s 'good news but not rising = false good news,' so I quickly cleared my position. Another time, when there was regulatory bad news, BTC fell 5% before rebounding, which is 'bad news but not falling = truly resistant,' so I added to my position, and later it rose 30%.

Don’t be panicked by news headlines; focus on the flow of funds: when there’s good news, funds are fleeing, so run; when there’s bad news, funds are entering, so buy boldly. The market is always more honest than the news.

9. The precision of indicators is more important than their quantity.

I tried using more than ten indicators but found it increasingly chaotic. Now I only keep three: MACD for trend direction (distinguishing golden and dead crosses), Bollinger Bands for sentiment (overbought at the upper band, oversold at the lower band), and trading volume for authenticity (only a rise in volume is a real rise; a rise with low volume is false).

Technical indicators are not fortune-telling but 'verification tools.' For example, when the MACD shows a golden cross, check if the trading volume has increased and whether the Bollinger Bands are opening upwards — only when all three signals align is the success rate high.

10. Every trade must have a written plan.

Before buying, write down these questions: Which coin to buy? How much position to take? At what price to set stop-loss? At what price to take profit?

I used to buy based on feelings, not knowing when to sell when it rose, and hesitating to cut losses when it fell, getting deeper into the trap. Now, I write a plan before every order, like putting a leash on my impulses. Even if I end up losing, I know 'it’s a planned loss,' so I don’t panic; if I gain, I take profits as planned, which gives me peace of mind.

11. Stop-loss and take-profit are lifelines.

Without stop-loss, you will eventually be taken out by a market crash; without taking profit, the gains are just 'paper numbers.' My iron rule: cut losses immediately if a single coin drops over 3% (5% at most for special situations), and sell half when it reaches the expected target (for example, if planning to make 50%, sell half when it reaches 30%).

During the bear market in 2022, I controlled my losses to 15% with a 3% stop-loss; this year in the bull market, relying on 'selling half,' I preserved most of my profits. Remember: the prerequisite for making big money in crypto is 'staying alive'; stop-loss is for survival, and take-profit is for securing gains.

Lastly, let me say something heartfelt: During my toughest times, I had only 30,000 left. The reason I was able to recover wasn’t because I was smart but because I understood early on — in the crypto world, it’s not about speed; it’s about discipline.

Now I don’t get high, don’t stay up late, and don’t overtrade; I spend my days having breakfast with my child, taking walks in the afternoon, and reviewing for an hour in the evening. I withdraw 100,000 monthly for living expenses, and my account is gradually increasing.

I’m not boasting: Making money relies not on luck but on 'rules managing greed and rhythm controlling risk.'

If you also have tens of thousands in capital and want to try your luck in the crypto world but are afraid of pitfalls; if you’ve heard of 'regular investment in mainstream coins' or 'claiming air-drops' but don’t know how to operate; if you want to understand 'how to choose potential coins' or 'when a bull market arrives, should I increase or reduce my position' — feel free to follow. Tomorrow, I will break down the regular investment plan template, three essential data dimensions to consider when selecting coins, and even the basic logical framework for claiming air-drops, teaching you step by step how to avoid the pitfalls of 'blind gambling' and find a survival strategy suitable for you in the crypto world.

Money in the crypto world is never 'gambled' but 'calculated.' Follow @币来财MAX , and tomorrow we will continue to discuss how to ensure that every bit of your capital is on the right path.