In the turbulent world of cryptocurrency, I have seen too many people chase the soaring K-line, only to ultimately fail. As an old player who has navigated the crypto space for ten years, I have achieved stable profits using the simplest methods. That summer, I sat by the window reviewing a decade of trading records and finally understood: "The ultimate wisdom of trading cryptocurrencies often lies in the most counterintuitive actions."
The first iron rule I adhere to is: refuse to chase price increases. When the entire network is celebrating the soaring Bitcoin, I instead close my trading software and go hiking. "Markets are born in despair, grow in hesitation, and die in euphoria." During the harsh winter of 2018, when the market plummeted by 85% and everyone was panic selling, I started building positions in batches. The facts three years later proved that those assets bought in fear ultimately yielded unimaginable returns.
The second rule concerns position management. I use the metaphor of a piggy bank: always fill it to seven-tenths full, leaving three-tenths of space to deal with emergencies. On March 12, 2020, Black Thursday, when leveraged traders were being liquidated, I successfully bottom-fished in extreme conditions thanks to the reserved cash position. "The most cruel yet fair aspect of the market is that it will always provide opportunities for those who are patient."
Regarding timing, I have summarized three principles: do not trade during sideways markets, do not act when the direction is unclear, and do not gamble before a trend change. I remember a certain altcoin that traded sideways for two months in the summer of 2021; while most people couldn't bear the boredom and traded frequently, I waited until the moment it broke through a key resistance level before decisively entering, subsequently reaping a full threefold increase.
My most unique trading rule is "contrarian trading"—gradually reducing positions when the daily line continuously closes positive, and buying in batches during consecutive negative lines. This counterintuitive approach helped me successfully avoid the 2022 LUNA collapse crisis. "When everyone is bragging about profits, the risks are actually lurking at the door."
Now I have established a comprehensive trading system: employing a pyramid adding position model, only building positions in batches during downward trends; setting strict profit-taking and stop-loss lines, with losses not exceeding 2% of the total capital per trade; and most importantly, always maintaining a 30% cash position, just like a hunter always reserves bullets for unexpected prey.
In the past, I stumbled around in the dark alone; now I hold the light in my hands. The light is always on, will you follow? @币来财888