After years of effort in the crypto space, I finally reap the rewards.

My experiences in the crypto space over the past few years can be divided into four stages. I’ll share them with you, and patiently reading through them may offer some inspiration.

First stage (2016-2017): At that time, ignorance was bliss; I was making money so fast I almost lost my sanity. I officially entered the crypto space in 2016 (actually had contact in 2013), just in time for the massive bull market in 2017. Starting capital was 100,000, and at its peak, it soared to over 10 million. Two coins left a particularly deep impression: one was GXS, I participated in a private placement with 2 bitcoins, which were 6000 each at that time, and it opened at 3 million. The other was Antshares (later renamed NEO), I bought 10,000 coins for one dollar each, which later surged to over 1,000. Just from this coin, I made over 10 million. I felt invincible at that time, thinking I could set a small goal of making a billion and then stop. What happened? It's a story of a person filled with desire, thinking they are unbeatable, getting severely taught a lesson by the market.

Second stage (2018-2019): Start reflecting on yourself and prepare to restart. The market dropped sharply in 2018, and I was holding a lot of altcoins, seeing no hope, feeling terrible and often scolding myself for being foolish. But the market won’t go easy on you just because you're feeling down. So this stage was mainly about reflecting on myself and understanding the market. After some adjustments, I figured out two truths: first, no one is much better than anyone else; we are all ordinary people. Making money in 2017 wasn’t because I was great, but the market was too good, and I got lucky by catching the trend; frankly, it was just a pig flying in the wind. Second, controlling funds is very important. Small funds have their way of playing, and large funds have their own tricks; you can’t use small fund thinking to play with large funds, or you'll end up in a bad situation. After realizing this, I sorted through my coins and cleared most of the altcoins, replacing them with Bitcoin, Ethereum, and stablecoin USDT.

Third stage (2020-2021): Learn to reasonably allocate assets and take profits in time. After experiencing a complete bull and bear market, my mindset became more calm. Plus, the crypto market started rising again, and my assets gradually increased. At this time, the most I did was take profits and constantly reallocate my assets. So, it wasn't as intense as in 2017. Maybe it's because I'm older now; I feel that a simple and plain life is what truly matters.

Fourth stage (2022 to present): Cultivate your skills and believe in the future. I have great confidence in the future of the crypto space; it is certain to exceed its previous peaks. Now, we just need to do one thing: don’t exit the market and keep holding quality coins, and we will definitely reap good rewards in the future.

Today, I’ll share a particularly simple method. Even if you are a novice in the crypto space, as long as you strictly follow it, you can easily make money.

First, set three moving averages on the K-line chart: the 5-day, 15-day, and 30-day moving averages. The 30-day moving average is the lifeline and can serve as strong support or resistance. You can then use these three moving averages to trade coins.

1. The coins you choose must be in an upward trend; consolidating is also acceptable, but coins in a downward trend or with downward moving averages should never be chosen.

2. Divide your funds into three equal parts. When the coin price breaks above the 5-day moving average, lightly buy 30%; when it breaks above the 15-day moving average, buy another 30%; when it breaks above the 30-day moving average, buy the remaining 30%. You must strictly follow this.

3. If the coin price breaks above the 5-day moving average but doesn’t continue to break the 15-day moving average and instead pulls back, as long as it hasn’t dropped below the 5-day moving average, maintain your position. If it drops below, then sell it.

4. Similarly, if the coin price breaks above the 15-day moving average but doesn’t continue upward, and the pullback doesn’t drop below the 15-day moving average, hold on to it. If it drops below, sell 30% first, and if it doesn’t drop below the 5-day moving average, continue to hold the 30% you bought at the 5-day moving average.

5. If the coin price breaks above the 30-day moving average and pulls back, sell sequentially according to the previous method.

6. When selling, do the opposite. If the coin price is high and drops below the 5-day moving average, sell 30% first. If it doesn’t continue to drop, hold the remaining 60%. If the 5-day, 15-day, and 30-day moving averages are all broken, sell everything without harboring any illusions.

In the crypto space, true experts may not necessarily be technically proficient. I strictly adhere to the iron rules of the market:

First, don't casually buy coins that are complex and you can't see through. Choose the soft persimmons, and the same goes for trading coins.

Second, don’t put all your money into one coin at once, even if you’re particularly optimistic about it; it won’t work out later, even if you prove to be right. The market changes too quickly, and no one knows what tomorrow will bring.

Third, if you accidentally buy a coin in a downward trend, sell it quickly and don’t let the losses grow.

Fourth, if the coins you bought haven’t lost value yet but have already entered a downward trend, sell them quickly and wait to observe.

Fifth, pay little attention to coins that are not in an upward trend. No matter what happens in the future, don’t accompany the main forces in building positions; retail investors don’t have the time to waste.

Sixth, don't always think about making quick money through short-term trading, buying and selling every day. It may look satisfying but can lead to significant losses; only the exchanges benefit, and you aren’t that skilled, nor are you a market maker. Don’t buy too many coins; it’s best not to exceed ten, as you won’t have enough energy to monitor them. It’s like wanting to marry five wives; even if you’re physically capable, it won’t be satisfying. Wei Xiaobao is just a fictional character.

Seventh, just because a coin has dropped a lot and is very cheap doesn’t mean you should buy it; absolutely not! It might become even cheaper.

Eighth, just because a coin has risen a lot and is expensive doesn't mean you shouldn't buy or should sell it. It might rise even higher.

Here’s a useful trick: Master six essential trading indicators for the crypto market. I’ve practiced this countless times; I tried it with 200,000 at the end of last year, and now it has turned into 20 million, easily making a hundredfold profit.

1. MACD: Measures the convergence and divergence of two moving averages of asset prices over time. It indicates the difference between two moving averages calculated over different periods. When the MACD line crosses above the signal line, the trend is upward; when it crosses below the signal line, the trend is downward.

2. RSI: An indicator reflecting the relative strength of upward and downward trends. RSI around 30 indicates oversold; around 70 indicates overbought. Draw an upward trend line connecting two or more peak points like HH; draw a downward trend line connecting three or more descending peaks.

3. Bollinger Bands: A commonly used trading indicator that compares the asset price with its relative value over a period. When these lines gradually narrow and seem to merge, it’s called a 'squeeze.' If the price approaches the upper band, it may rise; if it approaches the lower band, it may fall.

4. EMA: Exponential Moving Average, which is weighted and can show rising and falling trends, also serving as support and resistance levels.

5. VWAP: Volume Weighted Average Price displays the ratio of asset price to total trading volume, telling us the average trading price over a period.

6. Volume: Trading volume measures the market’s activity and liquidity over a period. The higher the trading volume, the better, indicating good liquidity and smooth order execution.

Finally, I’ll share 14 useful tips from my summary of 20 bitcoin trading investment strategies. Basic strategies are similar in any investment market, but the cryptocurrency market is complex, requiring some practical skills. These skills are honed through much practice, and I hope they can help you.

1. Invest with 'spare money': The money you invest should be something you won’t need in the near future. If you use household living expenses for investment and end up losing, it will affect your life. Moreover, using money that shouldn’t be invested to make money can affect your mindset, leading to failure.

2. Knowing yourself is the most important: Understand your personality; impulsive and emotional people are not suited for investing. Successful investors can control their emotions and maintain discipline. Only by knowing yourself can you excel in the crypto market.

3. Face the market realistically, don’t fantasize: The market is real; don’t get emotional or keep thinking about how it was in the past or how it will be in the future. An emotional person may be interesting, but they are not suited for investing. Successful investors can separate emotions, fantasies, and trading.

4. Newbies shouldn't blindly follow trends: Successful investors don’t just listen to others. If everyone is investing in one direction, especially when many novices join in, experienced investors may feel it’s risky and change direction. Newbies are most likely to blindly follow the trend, rushing to enter the market upon seeing a data point or news. Even if you misread the trend and get stuck, it’s normal, but if your handling approach goes wrong because of a novice mentality, it can be troublesome.

5. Don’t overtrade: Successful investors need capital that can withstand price fluctuations, at least two to three times more. If you don’t have enough funds, buy less; otherwise, you might be forced to sell due to insufficient money, which won’t help even if you end up being correct later.

6. Don’t change what you’ve decided lightly: After careful analysis, when you've set the price and plan to enter the market, don’t change it just because of current price fluctuations. Decisions made based on the day’s price and news are very risky unless you’re a seasoned expert with a sudden insight.

7. Be decisive when necessary: Investing in Bitcoin involves many psychological factors for failure, such as losses getting larger. Knowing you can’t rely on luck but still hesitating will lead to greater losses. When it’s time to cut losses, be decisive.

8. Take appropriate breaks: Trading every day may dull your judgment. A successful investor once said that when his state and judgment efficiency drop below 90%, he won’t make money and may even lose. At that point, he will take a vacation. A brief departure from the market allows you to reevaluate the market and yourself and see the direction clearly. Don’t always be in the market; it can obscure your vision.

9. Patience is also an investment: 'Patience is a form of investment,' but very few investors can do this or truly understand it. Investors need to have good patience. Patience often influences the final profit or loss. Many investors either lack analytical ability or experience or simply lack patience, leading to premature buying or selling and resulting in losses. Therefore, every investor should realize that patience is also part of investing.

10. Set a stop-loss point, and cut losses when necessary: Set a stop-loss point, which is the maximum loss you can bear. If the market reverses and hits this point, sell quickly. Bitcoin is risky; to avoid significant losses, you should set stop-loss points for each trade, which limits your losses and prevents total loss of capital, allowing you to have another chance.

11. Don't delay for a few points: When taking profits, don’t insist on making a round number. For example, if you set a target to earn 200 dollars and the price is close, just a few points away, and you could have sold for a profit, don’t wait for that number, or you’ll miss a good opportunity. It’s not worth it.

12. If it’s wrong, turn back in time: Sometimes, following the market leads to buying or selling just as it’s nearing the end. If the situation doesn’t seem right, you need to reverse your operations. For instance, if you buy during a rise, but the price doesn’t increase and instead drops sharply, don’t panic. Think about whether the trend has reversed; if so, sell quickly and reverse your actions.

13. Buy during a breakout: A breakout occurs when the price fluctuates little, and both buyers and sellers are evenly matched. Whether it's a bullish or bearish breakout, once it breaks through the resistance or support level, the price will fluctuate significantly. Experienced investors can enter the market at this time, and if it's a long-term breakout, it can be quite profitable.

14. Be cautious of rebounds after a sharp drop and adjustments after a rapid rise: Bitcoin prices won’t always rise or fall in a straight line. If it rises too quickly, it will adjust; if it drops too steeply, it will rebound, and the magnitude is difficult to grasp. So after the price rises or falls sharply by several hundred points, be careful; it’s better to watch than to jump in carelessly.

That’s the trading experience I’m sharing. Many times, doubt leads to missed opportunities to make money. If you don’t try and understand, how will you know what’s good or bad? Take the first step, and you’ll know how to proceed. I can be your teacher as well as your friend; feel free to reach out if you have questions.