From 20,000 to 10 million: My 'Foolproof Method' to Turn the Tables in the Cryptocurrency Space, the Secret to a 90% Win Rate
I entered the market with 30,000, with a mindset of 'just having some fun', and unexpectedly, in less than a year, my funds grew to 10 million.
Many people ask me how I did it, and I can only say that a foolproof method is the key to breaking through the market.
My journey in the cryptocurrency world has not been glamorous.
In 2017, I jumped into the bull market with 30,000 and made over 10 million;
In the 2020 bull market, I entered the market with 10 million, with a maximum floating profit of over 20 million;
I also had dark moments of losing 8 million, almost exiting the cryptocurrency space.
Later, I had an epiphany: once you understand trading cryptocurrencies, it feels like you're using cheat codes.
I stopped looking at various indicators and only focused on one familiar pattern; I won’t act without a pattern. After five years, my win rate stabilized above 90%, allowing me to spend more time fishing and working out.
This round of the bull market is brewing, and my goal is to achieve true financial freedom.
I summarized my 'Eternal Profit Method' into six iron rules to share with those destined to receive it:
Divide capital into five parts, only enter with one-fifth at a time, with a stop-loss of 10%. If you make one mistake, you lose 2%; only after five mistakes do you lose 10%.
Go with the trend; rebounds in a downtrend are traps, and drops in an uptrend are golden opportunities.
Stay away from cryptocurrencies that surge in the short term and stagnate at high levels; they will inevitably fall back.
Use MACD to judge entry and exit: a golden cross breaking above the zero line is a buy signal, while a dead cross above the zero line is a signal to reduce positions.
Only focus on adding positions when there is a breakthrough in volume at low levels; withdraw when there is excessive volume at high levels without movement. A trend coin is only optimal when all moving averages are turning upwards.
Continuously review and adjust strategies weekly, following the market rhythm.
Many people trade as if they are entering a casino: they win a few times but end up losing everything. My method is the opposite: treat each trade as a 'battle of calculated odds'.
Before you enter the market, backtest your strategy to see if it can survive in different market conditions and whether it can continuously make a profit. Only when your method is consistently profitable in backtesting is it truly time to enter the market.
There are no gods in the cryptocurrency space, only iron rules and execution.
Once you learn to survive in the market, making money is just a matter of time.
Opportunities in the cryptocurrency space are never lacking; what is lacking is whether you can control your hands and see the situation clearly.