There are many ways in the crypto world, but after trying various methods, I have come to love one in particular. Those who have followed me know how effective this method is; for those who know how to use it, the account curve can be terrifyingly steep.

In the early years, I was obsessed with complex techniques: filling the charts with K lines, marking every indicator, and studying wave theories. I spent over ten hours watching the market every day, and as a result, I blew my account three times over three years, ultimately losing all my living expenses. I decided to simplify and use a straightforward method, and instead turned 1700U into 14W.

The method is so simple that some people criticize me for fooling them, but for those who truly follow it, no one has ever said it doesn’t work.

First rule: only chase breakouts, lay flat during sideways markets.

Consolidation, false breakouts, washouts? I can’t even be bothered to think about these terms now. If the price genuinely breaks through the previous high and the volume follows, I’ll take a small position to test it; if it’s just meandering in a range, I feel like even looking at it is a waste of time.

Second rule: heavy positions? That’s never going to happen in my life.

Every time I open a position, I only move 20% of my capital. Once I’ve made enough profit, I run away; I never get greedy. If I get stopped out, I take a break, and I absolutely never add to a losing position. While others open dozens of positions in a day, busy as a spinning top, I only take at most two positions a week, and my account grows more steadily.

Third rule: only trade what I understand, and resolutely avoid what I don’t.

Only trade in continuation trends — go long when the market is rising and short when it’s falling, without predictions or fantasies, I follow wherever the market goes.

Once, a friend told me to bottom fish a certain altcoin, claiming it had dropped 70% and would definitely rebound. I opened the K line and saw the trend was still downward, so I decisively refused. As a result, that coin dropped another 30%, and he was stuck in a loss while I calmly continued trading my mainstream coins.

At first, people laughed at me: "You don’t even know how to draw lines, yet you dare to trade crypto?" It wasn’t until they saw my account jump from five figures to six figures that they slowly shut up. While they were still debating whether the next K line would go up or down, I had long been making money easily with my simple method.

In fact, this method has no mystery; it’s just about minimizing foolish mistakes. Too many people learn a bunch of complex strategies, only to end up repeatedly getting stopped out in sideways markets and failing to hold positions in trends. Perfecting simple tasks is more effective than anything else.

If you’re still struggling with various indicators or don’t know what to do with your stuck positions, feel free to contact me at @bit多多 . Sometimes simplifying the method makes it easier to make money.