I am Fuqi from the crypto world. After seven years in the game, I turned 50,000 capital into 7 million. It wasn't due to insider information or sheer luck; it was through trial and error that I summarized a set of methods. I'm a bit slow, but they work like a charm. Today, I'll share four pieces of experience I've gained over the years, purchased with real money. Understanding each one can save you more than 100,000 in critical moments. If you can follow these four points, you'll likely outperform 90% of the market.
1. Understanding gained through losses: Money isn't earned through luck.
In my first three years in the crypto world, I lost over a million, couldn't sleep at night, and lost clumps of hair. Later, I realized: the market is always cyclical, but 90% of people always make the same mistake—
Most people buy coins based on WeChat group messages, chasing prices when they rise and selling when they fall, like headless flies.
A few people study the movements of major players, following big funds and working tirelessly without enjoying the benefits.
The truly ruthless money-makers only use the simplest tactic: watch a few moving averages and execute like a robot.
For example, an acquaintance of mine, Lao Zhang, chased a certain animal coin in 2023, made 50% profit in 10 minutes but didn't sell, and ended up losing 80% of his capital in half an hour. He said, 'I just wanted to make a bit more, but the big player flipped the table.'
2. Practical use of moving averages: Three lines solve all dilemmas.
I treat the 5-day, 30-day, and 60-day moving averages as three seasoned veterans:
1. 5-day line (impatient): Quick to react but sensitive; it jumps around with even slight price changes.
2. 30-day line (steady yet fierce): Only act when the trend is established; don't change direction easily.
3. 60-day line (cunning and calculating): Observe the big trend, easily discern between bear and bull markets.
How to use it specifically? Two life-saving strategies:
Golden cross alert: When the 5-day line suddenly crosses above the 30-day and 60-day lines, don't rush to go all in! It could be a genuine takeoff or a trap set by big players; first, test with a small position.
Death cross retreat: When the 5-day line breaks below the 30/60-day line, immediately reduce your position; don't fantasize about 'waiting and seeing.'
Before Bitcoin's crash in 2024, the 60-day line had already turned downward, but many didn't believe it and held on until they lost 50% before selling. I avoided three major crashes with this strategy.
3. Discipline is life! Making money relies not on technique but on execution.
Lessons learned the hard way:
Moving averages fighting? Just walk away—when several lines twist together, it means bulls and bears are in a deadlock; entering here is like flipping a coin—most likely, you'll lose.
When signals come, don't hesitate: I've seen the toughest guys—at a wedding, one received a 5-day line break alert, rushed to the restroom to liquidate before returning to put on the ring. The bride was furious and threw her bouquet, and the next day, the coin price halved; she quietly bought her husband a high-spec computer.
Stop-loss nailed to your forehead: If the coin price breaks below the 60-day line? Don't ask why, just run! Even if it goes up afterward and you buy back, it's better than being stuck.
4. Insights gained through hardship: Repeating simple things
I completely understand after seven years of market fluctuations:
Experts never predict tomorrow's rise or fall; they only do three things:
1. Wait—wait for the moving averages to align in direction, like an army lining up before firing.
2. Guard—don't get carried away when prices rise (sell 1/3 every 40% rise) and don't panic when they fall (add 10% every 15% drop).
3. Delete—remove all apps outside of trading software, and mute group chats about 'getting rich quick.'
In the crypto world, no one can guarantee your wealth; only veterans like me, who have experienced both bull and bear markets and understand how to identify market signals, can provide insight. What I share are lessons learned from my own blood and tears, and real experiences of making money—no hype, no empty promises. Follow me for daily insights on market judgments and strategies.#ETH创历史新高