In the turbulent world of cryptocurrency, I have seen too many people chase the soaring candlesticks, only to leave in disappointment. Yet, I, an old player who has been in the crypto space for ten years, have achieved continuous profits through the simplest methods.
That summer, sitting quietly by the window, reviewing ten years of trading records, I had an epiphany: “The ultimate wisdom of trading coins often lies in the most counterintuitive operations.”
🌄 First Iron Rule: Refuse to chase prices.
When the whole network rejoices in the soaring prices, I close my trading software and turn to climb a mountain. “The market is born in despair, grows in hesitation, and dies in celebration.”
In the winter of 2018, when the market plummeted by 85%, while everyone else panicked and sold, I began to build my positions in batches. Three years later, these chips brought unimaginable returns.
⚖️ Second Rule: Position management, like a piggy bank filled only seven-tenths.
Leave three-tenths of room to cope with emergencies. On March 12, 2020, Black Thursday, leveraged players faced liquidation, while I successfully bottomed out in extreme circumstances with my reserved cash.
The market is the most brutal yet the fairest—it will always leave opportunities for the patient.
⏳ Timing of operations: Three No Principles.
Do not trade in a sideways market, do not operate when direction is unclear, do not gamble on the eve of a trend change.
In the summer of 2021, a certain altcoin was sideways for two months, and most people traded frequently, losing patience. I quietly waited for the moment of a significant breakout above the key resistance level, then decisively entered and captured a threefold increase.
🔁 The most unique rule: “Backlight trading.”
When the daily line continues to rise, gradually reduce positions; when there are continuous declines, buy in batches.
With this counterintuitive approach, I avoided the collapse of LUNA in 2022. “When everyone is boasting about profits, the risk is already lurking at the door.”
Now, I have established a complete trading system:
▸ Pyramid scaling, only building positions in batches during a decline;
▸ Strict profit-taking and stop-loss, with a single loss not exceeding 2% of total capital;
▸ Always keep 30% cash position, just like a hunter reserving bullets for unexpected prey.
In the past, I groped in the dark alone.
Now, the light is in my hands.
The light has always been on; will you follow or not?
