10 years of blood and tears in the crypto world: from losing over 1 million to wildly earning 40 million, discipline is more important than knowledge.

1. In the first three years, I lost over 1 million: the 'retail traps' I stepped into, every step was paying tuition.

In 2014, when I first entered the crypto world, my head was full of 'making quick money' — at that time, when I heard that 'a certain altcoin is going to a major exchange' or 'the major player is going to pump a certain coin,' I felt like I was on steroids, rushing in without even understanding the white paper.

What impressed me most was in 2015 when a friend said, 'A certain platform coin is going to launch a new feature, it will definitely double.' I directly put all of my 300,000 in at that time. The first three days after buying, it indeed rose 15%. I thought, 'I will sell when it rises to 50%,' but on the fifth day, the platform suddenly announced, 'Feature postponed,' and the coin price directly halved. At that time, I was unwilling and added another 200,000 to average down, thinking 'to lower the cost,' but in the end, by the time of the bear market bottom in 2018, this 500,000 was left with less than 80,000 — this was the first time I lost sleep over a loss.

The next two years were even worse: I chased the DeFi craze and bought several 'mining coins' without understanding the risks of smart contracts, leading to the project team running away, and 250,000 vanished; before Bitcoin halved, I heard 'big V' say 'there will definitely be a crash after the halving, enter short first,' so I heavily shorted, and after the halving, Bitcoin directly rose from $8000 to $12000, leading to a liquidation of my short position and losing over 400,000.

In the first three years, I almost lost over 1 million in principal; my family advised me to 'stop playing.' Looking at the few tens of thousands left in my exchange account, I truly understood: in the crypto world, 90% of the retail investors pay attention to 'news' that are traps, 9% who focus on the major players cannot guess the main force's thoughts, and only 1% can calm down and look at the technology have the possibility to survive.

2. Assign 'roles' to moving averages: From not understanding to making money with them, I spent a year mastering three lines.

After losing everything, I stopped random trading and began to scour various trading resources, finally shifting my focus to 'daily moving averages' — not some complex indicators, just focusing on the 5-day, 30-day, and 60-day lines, slowly refining their 'role positioning':

The 5-day line is like the head of the emergency department: it manages the short-term life and death.

It reacts the fastest and can tell me right away whether 'the current market has strength'. For example, in April 2021, my Ethereum rose from $2000 to $3000, and the 5-day line consistently supported the coin price, so I held onto it; until May 19, when Ethereum opened below the 5-day line, I didn’t hesitate and reduced my position by 50%. That afternoon, it plummeted to below $2000, and because I had reduced my position early, I lost nearly 100,000 less. Later, I concluded: the 5-day line is the 'short-term stop-loss line'; as long as it breaks below, regardless of how optimistic I am, I reduce my position first.

The 30-day line is the internal medicine master: determining the medium-term trend.

During the worst of the 2022 bear market, Bitcoin fell from 69,000 to 18,000. During this time, several rebounds failed to break above the 30-day line — every time it rebounded near the 30-day line, it turned back down; at that point, I knew 'the medium-term trend hasn’t reversed, I can’t catch the bottom.' Until January 2023, when Bitcoin stabilized above the 30-day line and the 5-day line crossed above the 30-day line (forming a 'golden cross'), I dared to enter with a small position, and later Bitcoin rose from 18,000 to 40,000. I made my first profit 'using moving averages' of over 600,000.

The 60-day line is the expert outpatient: determining long-term direction.

This line is the most 'stable', helping me avoid big cycle traps. In the second half of 2023, a friend advised me to buy a new public chain coin, saying 'it will break the previous high,' but I saw its 60-day line was still declining, and no matter how much it rose in the short term, it couldn't stand above the 60-day line, so I didn't buy. Not long after, this coin plummeted due to 'team cashing out,' and my friend lost over 300,000, but I avoided it. Now I have set a rule for myself: if the 60-day line doesn't turn upward, I resolutely won't touch long-term positions.

Another key principle: Never enter the market while moving averages are entangled. For example, at the beginning of 2024, Bitcoin was moving sideways between 40,000 and 45,000, with the 5-day, 30-day, and 60-day lines tangled together. Today the 5-day crosses above the 30-day, and tomorrow it breaks below again, so I waited with no position. Until March, the three lines suddenly 'aligned in the same direction'—the 5-day crossed above the 30-day, the 30-day crossed above the 60-day, all moving upwards; only then did I buy Bitcoin and BNB, which directly earned me over 3.2 million in this wave.

3. Discipline is not a 'slogan': Those moments of strict discipline are the keys to making money.

I have seen too many people who understand technology but cannot make money; the problem lies in 'lack of discipline' — clearly knowing that when the 5-day line breaks, one should reduce their position, but hesitating due to 'fear of missing out'; clearly knowing that moving averages should be in order before entering, but acting impulsively due to 'fear of missing out'.

During the bull market in 2021, I had a trader friend who checked the market on the morning of his wedding day and found that his Litecoin had dropped below the 5-day line. At that time, all the guests had arrived, and he secretly hid in the bathroom to liquidate using his phone — later, Litecoin dropped 20% that day, and he saved over 400,000. This incident shocked me greatly: discipline is not 'executed based on mood,' but 'regardless of the scenario, follow the rules.'

I also had the lesson of 'violating discipline and losing small money': in May 2023, a certain coin's 5-day line had just crossed above the 30-day line, but the 60-day line was still going down. I thought, 'It should rise in the short term,' so I entered early. As a result, the day after buying, the coin price retraced, the 5-day line broke below the 30-day line, and I didn't stop loss in time. After holding on for three more days, I finally lost 80,000 before exiting. Since then, I set a 'iron rule' for myself:

If I don’t wait for the 5-day, 30-day, and 60-day lines to align in the same direction, I resolutely do not enter the market.

If the 5-day line breaks, I must reduce my position within 10 minutes, and I will never hesitate.

If the 60-day line turns down, regardless of whether you made a profit or not, liquidate everything.

Now when I open the exchange, I first look at the direction of the three moving averages, then decide whether to act — no signal means no position, and if there is a signal, I follow the rules, which is actually more stable than before when I 'watched the market every day'.

4. Want to catch this bull market? Stop 'learning on the spot'; find the right method to avoid detours.

Many people are panicking now: looking at BNB hitting new highs, hearing about the Jackson Hole meeting's impact on Federal Reserve policies, wanting to enter the market but fearing to buy high, and not entering out of fear of missing out. Actually, I want to say: the moving average trading strategy is not difficult, but it needs time to refine — I spent over a year from 'understanding moving averages' to 'making money with moving averages,' stepping into many small pits before grasping the rules.

If you only start learning now and want to make money in this bull market, it is indeed too late — it’s better to learn from experienced people to avoid detours. I will share 'moving average signal strategies' every day on my account: for example, which types of coins have already shown 5-day, 30-day, and 60-day line alignment signals, which types are still in the moving average entanglement period and need to wait, and after the Jackson Hole meeting, which mainstream coins may present opportunities due to policy impacts.

Making money in crypto has never been 'relying on luck', but rather 'relying on knowledge + discipline' — the deeper your understanding of the market, the stricter you execute the rules, the steadier you can stand through bull and bear markets. Follow me, and I will guide you to watch moving average signals every day, together seizing the opportunities of this bull market.

I have seen too many stories of chasing highs and killing lows in the crypto world, but the one that shocked me the most was that ordinary person who rolled 2000U into 56000 in 45 days.

Don’t think he relies on daring bets; on the contrary, his core ability to turn the tables is treating 'survival' as the first principle of trading.

1. Fund Segmentation: Put your principal in a 'bulletproof vest'.

More importantly, trading discipline: In any operation, you can use at most 20% of your working capital. Don’t think this makes you earn slowly; it is precisely this 'stingy' position control that helped avoid the risk of liquidation entirely. Even if a certain trade incurs a loss, the first loss is from the profits earned before, and the principal doesn’t even lose a dime, always leaving you with the confidence to make a comeback.

2. Locking in profits: turning profits into a 'snowball that won't melt'.

'When you make money, first put half in your pocket, then think about continuing to play.' This is what I repeatedly emphasized to him.

Don’t underestimate this step; it is equivalent to turning half of the profits you have into 'capital that will never be swallowed by the market'. Like rolling a snowball, on the surface, it’s reinvesting profits, but at the core, there is always a piece of 'frozen ice' — those profits taken out not only avoid the risk of market pullbacks but also let the principal base grow larger and larger, even if it only makes a small proportion of profit later, the returns can still be considerable.

3. Emotional Disconnect: Only recognize signals, not 'noise'.

'In the crypto world, KOL's calls, the agitation in groups, and the trending topics are not as reliable as a clear trading signal.' I always made him remember: operate based only on signals; block out all other distractions.

In fact, most people in the crypto world do not lose because they lack opportunities, but because they 'cannot wait': they always feel that if they don't catch the bottom today, they will miss out on a fortune, and if they don't cut losses tomorrow, it will completely go to zero. But they forget, the market never runs away; if you miss this time, there will be another opportunity next time; but if the principal is gone, there really will be no chance to turn back.

Want to make a steady profit in the crypto world? Don’t rush to learn how others ride the waves; first learn the patience of sitting on the sidelines and sipping tea. Before the signal arrives, wait steadily, don’t enter blindly, don’t act impulsively; this 'fear of loss' caution is your most reliable 'profit leverage' in the crypto world.

Many people cannot make money, not because they don't understand the market, but because they can't hold onto profits.

They panic at the slightest market adjustment, and as soon as it rises a bit, they rush to take profits.

This way, I earn a little money but miss out on the big market.

And my success this time is basically about finding the right buying position and having the courage to stick to these two points.

1. Find the buying position.

I don’t chase trends or listen to rumors. I only look at three core signals:

Main force accumulation range.

Unusual trading volume.

Key support levels must hold.

I only acted after these three conditions overlapped and confirmed. You will find that my entry position was almost at the lowest point!

There were two false breakouts during this period that washed a bunch of people out, but I held firm because I knew the main force was accumulating chips, not smashing the market.

2. Hold onto profits.

In the past half month, the holding mentality has really tested people; floating losses and market fluctuations are extremely torturous.

But I understood, the trend hasn't changed, so the fluctuations are just noise, and profits roll bigger like a snowball.

In the end, the account flew up day by day, simply exhilarating.

3. There are more market opportunities.

I won't write fixed methods for you because the market changes every day.

What truly matters is: you need to follow the right rhythm and seize the most suitable timing.

Now there are actually more opportunities in the market than you think, but by the time you react, the opportunity may have already slipped away.

So if you are still on the sidelines, it really might be a bit late.

Crypto margin safety principles: stabilize your ship in the storm.

Dear navigators of the crypto world:

In this 24-hour unceasing digital ocean, we have witnessed too many ships sinking. The alarms of liquidation ring out one after another, but there are always those whose accounts stand firm like rocks in the deep sea, unyielding to the waves. Today, I want to share the mindset of these survivors with you.

First Commandment: Never fall in love with your position.

The market has no feelings; it will not change direction because of your persistence. When you find yourself making excuses for a certain coin, that is the beginning of danger. Remember, in the crypto world, loyalty is the biggest luxury; timely stop-loss is the highest level of self-discipline.

Second Commandment: Leverage is a double-edged sword, not a lifeline.

3x leverage can already give you the thrill of a racing heart; why pursue 20x for overnight riches? True trading experts understand that controlling desire is more important than predicting the market. Treat leverage as a seasoning, not the main course; your account will thank you for your restraint.

Third Commandment: The market never lacks opportunities, but your capital only has one chance.

FOMO is the best push for liquidation. When everyone is shouting 'this time is different,' it's often the time to be most cautious. Remember, missing an opportunity means you can still live, but getting liquidated once may mean you're out for good.

Fourth Commandment: Establish your 'Explosive Margin Clearance List'.

Single coin position should not exceed 5% of total funds.

The overall leverage ratio is maintained below 3 times in the long term.

Set automatic stop-loss and adhere to it as if obeying the law.

During weekly reviews, I first look at losing trades before looking at profitable ones.

Stay away from the trading interface for at least 4 hours during emotional fluctuations.

Fifth Commandment: Treat liquidation as a required course, not a graduation ceremony.

Every old hand in the crypto world has experienced liquidation; the difference is that some treat it as tuition while others see it as the end. After each liquidation, please write down three lessons you learned; these experiences, bought with real money, are more valuable than any analysis from major influencers.

Dear friends, the essence of wealth games in the crypto world is the realization of cognition, and liquidation is often a moment of cognitive defect settlement. In this battlefield without gunpowder, the true winners are not those who predict the most accurately, but those who control risk the best.

May you stay clear-headed in this crazy world; remember to be fearful when others are greedy; and remain rational when others are fearful.

Remember, living long is the biggest superpower in the crypto world.