It is now May 26, 2025. You can hoard coins, but don't play contracts. The market is very bearish; hoarding I + BNB + OKTH is fine, with a tenfold bottoming. Why not play contracts? Just look at my orders from last night.
Share a real-life example of someone who made a fortune in cryptocurrency. A commendable post-90s 'grapefruit' turned 100,000 into over 100 million in just five years! I met him at a communication meeting in Shenzhen five years ago, possibly coincidentally.
For similar reasons, he told me his system without reservation. Below, I share it with everyone without reservation.
1: First, let's talk about the seven iron laws he has consistently followed to achieve success in cryptocurrency.
1. As long as a strong coin has fallen for nine consecutive days from a high position, be sure to keep up in a timely manner.
2. Whenever a cryptocurrency rises for two consecutive days, be sure to reduce your position in a timely manner.
3. If a cryptocurrency rises more than 7%, there is still a chance for further gains the next day; you can continue to observe.
4. For strong bullish coins, be sure to wait until the pullback is over before entering.
5. If a cryptocurrency has experienced three days of dull fluctuations, observe for another three days; if there is no change, consider switching coins.
6. If a cryptocurrency fails to earn back the previous day's cost price the next day, exit promptly.
7. If there are three on the rise list, there must be five, and if there are five, there must be seven. For cryptocurrencies that have risen for two consecutive days, buy on dips; the fifth day is usually a good selling point.
1: Let's discuss what specific methods and techniques he used (easy to understand, even novices can learn it immediately).
Playing in the cryptocurrency market is essentially a contest between retail investors and market makers. If you do not have extremely solid professional skills, you will only be cut! If you want to collaborate in laying out strategies and harvesting from market makers, feel free to join (Huihui). Welcome like-minded cryptocurrency enthusiasts to discuss together~ No more nonsense!
Share my trading strategies and insights with friends. There’s a saying that standing on the shoulders of giants allows you to work less hard for ten years. If you are lucky enough to see this,
Friends who want to improve their cryptocurrency trading skills should watch more, study carefully, and I suggest saving this!
We live in an era of infinite information. You only need to take out your phone to access a vast amount of data in seconds. However, in the major financial markets, most traders prefer to rely solely on the information provided by mainstream chart platforms. When some novices begin to venture into these markets, they may only have watched a few popular science videos and read a few articles about basic trading strategies, then confidently step into this market, hoping to apply what they have learned to trading and gain substantial profits.
They believe that if a strategy was effective in the past, it will certainly work in the future.
However, the harsh reality of the market is that the zero-sum game determines that retail traders are at a disadvantage from the beginning. The market is zero-sum; one trader's profit is necessarily another trader's loss. If I buy at the market bottom, another trader must sell at that limit buy order at the market bottom; if I sell at the top, someone must buy at my limit sell order. The probability of success in each trade can be measured by the 'advantage' a trader has in the market they are trading in. Those novices, casually absorbing information from the internet or listening to friends' recommendations, then applying it to futures, forex, or stock markets, entering trades with a sense of luck, are trading without any advantage. In the long run, such traders are unlikely to sustain profits and will likely end up losing all the funds in their accounts.
Technical analysis and mathematical indicators: should they be used for trading?
Technical analysis is a topic that sparks controversy in online trading communities. Your first reaction might be: traders are debating which indicator or combination of technical analysis leads to the best results. But the reality is that the debate among traders revolves more around whether to completely abandon indicators in trading.
Trading without any indicators may sound quite controversial. However, more and more traders are creating and promoting new trading strategies that do not rely on any indicators or traditional technical analysis (such as price action, etc.). We know that there are many reasonable criticisms of charts that excessively rely on indicators, and some traders even claim that it is entirely possible to develop profitable and feasible trading strategies without any indicators.
The problem of excessive use of technical indicators
Using technical indicators is not the biggest problem; the problem lies in many traders using too many indicators simultaneously.
As we all know, excessive indicators can lead to confusion, conflicting signals, and misleading trading prompts. If you are always waiting for consistent confirmation from multiple different indicators, you will often find that by the time you truly decide to enter, you have already missed the best entry opportunity.
When all your indicators begin to reach 'consensus' and show the trend you originally planned to follow, that trend is likely nearing its end. You may only be able to catch the last bit of unstable market action. Entering at that moment means not only missing out on most of the profit but also facing the risk of price reversal.
Why do traders tend to avoid using indicators?
MetaTrader 4

(MT4) and other mainstream trading platforms come with a large number of technical analysis indicators, and there are even multiple versions of moving averages. Most novice traders, when they first start learning, often feel that 'they must understand all these indicators,' and then try to apply them all in a state filled with overlapping information.
Some beginners even fall into the bottomless pit of 'searching for the holy grail indicator,' continuously seeking third-party indicators but never finding the ideal answer. Next, they may start searching for keywords like 'simple no-indicator trading system,' embarking on another long journey towards confusion.
Trading strategies without indicators
Essentially, the reason why many traders admire trading without technical indicators is that such strategies focus more on current market fluctuations rather than past historical data. These traders observe 'the current price' instead of 'the past price.' This strategy is known as price action trading.

(Price Action Trading), commonly applied in short-term charts, such as intraday trading.
Although price action trading often faces criticism for relying only on intuition and feeling, similar to gambling, this is not the case. The depth of price action trading far exceeds mere intuition. It is typically used by seasoned traders with years of experience.
Critics often overlook one point: 'While price action trading eliminates traditional technical indicators, it does not mean that no auxiliary tools are used at all.' It emphasizes observation and understanding of price itself rather than relying on delayed mathematical calculations.
Technical indicators that can provide an advantage
Price action traders and some other traders generally believe that everyone is using the same technical indicators. Banks, market makers, brokers, algorithm programs, and even thousands of self-taught amateur traders are almost all using the same 'toolbox.' So, if you make trading decisions in the same way as others and at the same time, you are destined to always be a step behind.
If you want to get ahead of the market and complete your entry operation before the price breaks through, you must change the way you gain market insights. Price action traders do not rely on traditional technical indicators like moving averages or Bollinger Bands, but focus on interpreting candlestick patterns and their structural evolution. This is nearly the closest method to 'real-time' trading. Really?
In most trading platforms (possibly all), the minimum time unit for candlestick charts is 1 minute. If you are using a price action strategy, it means that the data you are observing may last for 59 seconds. Candlestick charts are not true 'real-time price action data'; this is a common misunderstanding. Another misunderstanding is that because most indicators are based on historical price calculations, they can only tell you what has happened in the past, right? Wrong.
In fact, many trading indicators are based on real-time data and can provide genuinely executable trading information, supporting the decision-making of short-term price action traders.
Now let’s look at a few tools based on real-time data that allow you to conduct efficient intraday trading without using traditional technical indicators while keeping the charts clean.
Market depth (DOM) — order flow analysis
By observing the market's order book, you can gain key insights into market depth. The order book shows the limit orders placed by market participants in real-time and continuously updates — new limit orders are constantly added and matched with market orders or other limit orders. Additionally, through market depth (Depth of Market, DOM), you can clearly see the real-time overview of buyers and sellers, the 'contest' between buyers and sellers, which is often overlooked by many traders.
The structure of DOM reveals the logic of price fluctuations at a micro level. This tool can even provide you with clues for predicting future market trends, as you are observing clusters of key orders that have yet to be executed.
Of course, some people believe that 'market depth' is outdated, as most technical indicators currently understood have been around for over 30 years.
The bottom of the candlestick chart shows your trading results, indicating your trading performance, while 'market depth' shows the reasons behind market fluctuations. Candlestick charts can show the position of your orders and also display real-time changes in market trends. The 'market depth' table can help you understand why market prices change this way, allowing you to see the 'contest' between buyers and sellers behind the market.
Market sentiment
Many traders use technical indicators and price action to predict market trends. Imagine if you could gain insight into the actual positions of other traders—not just knowing whether they are long or short but also grasping their conviction levels; what kind of advantage would that bring?
Is trading without indicators feasible?
It is entirely possible to achieve effective trading without relying on technical indicators. The key lies in how you interpret and apply information in your trading strategy; this methodology should be tailored to you. If an indicator does not match your trading style, feel free not to use it. Others' trading plans should not become your criteria; you need not blindly follow. The core goal is to establish a stable system that suits you.
Summary: Critical thinking on 'blindly entering'
I believe that having a critical attitude towards trading is very correct, as it will help you gain a clearer understanding of the trading world.
Criticism should be valuable and not randomly subjective; regardless of the field, a critical attitude should maintain a scientific, objective, and rigorous stance.
When the price is running, for retail traders, the entry point is often at a certain support or resistance level, but this is often a blind entry. Generally, you should seriously consider confirming entry signals through candlestick patterns before trading; don’t blindly enter like most retail traders.
'Blindly entering' is absolutely inadvisable in many people's mindset, but have you ever thought about why it is inadvisable? What is the logic behind it? How do you define 'blindly entering'?
If the market trend is already very clear, but you are still waiting for a specific trading signal or candlestick pattern to confirm your entry point, you may not have understood the market, and your method is problematic. You must understand the essence behind price movements; otherwise, simply relying on candlestick signals to confirm entry points is a grave mistake.
I think, like most traders, you always wait for candlestick pattern signals to enter a trade? But by then, it may have already risen (or fallen) several thousand points, and you have missed the best entry opportunity and price point, resulting in a significant loss of profit. By the time you finally wait for the 'candlestick signal' to appear, it may already be too late.
You may have seen or heard many opinions on trading entry points, and you may have also encountered different viewpoints, all of which consider the issue from different angles. Therefore, I also suggest thinking about trading from multiple perspectives so that you can gain a deeper understanding of trading, and over time, you will become increasingly clear about the essence of the market.
'How did you survive in the cryptocurrency market?'
A very silly method, but very effective.
——This is my most honest answer after struggling in the cryptocurrency market for years.
This method is called the lid top reversal technique, a technical pattern that sounds rustic and looks simple.
Yet it repeatedly saves me from the edge of loss, allowing me to survive and make money.
Today, I want to explain it thoroughly and discuss the 'principle' behind it.
Truly useful technology is often the simplest; in the cryptocurrency market, there are too many complex methods, indicators, patterns, AI quantification, GPT strategies...
However, making money often relies on a very small number of simple and effective methods.
'Lid top' is such a simple but highly practical pattern.
It has three core characteristics:
1. Clear trend: must be formed in the upward process, belonging to top reversal signals;
2. Two peaks are parallel: two candlestick highs are close, seemingly strong but without a breakthrough;
3. A bearish candle killing: finally, a large bearish candle cuts through the structure, forming a 'lid' shape.
Why is it effective?
Because it does not represent some flashy combination of candlesticks; it represents a shift in market will.
It tells us: bulls no longer want to push, and bears are starting to take the initiative.
In the language of the market, this kind of 'turning point' is more real than any indicator.
The truth about trading: it is not complex, but rather 'clean and neat.'
Those who use the lid top method are doing one thing:
Find the top and get out.
Don't fantasize about a rebound, don't wait to break even.
No hesitation, no greed, no repeated verification.
Seeing a signal and acting on it is a victory of discipline.
You will find that those who can truly make money in the cryptocurrency market over the long term never pursue a 100% win rate.
Instead, they pursue certainty in action while allowing ambiguity to rest.
The moment the lid top forms is a very strong signal.
What you need to do is not to 'wait and see,' but to cut your position and exit, waiting for the next opportunity.
Many people fail by 'waiting for a rebound' and die from 'unwillingness.'
In fact, many fail due to a lack of signals, while trusting emotions.
The so-called 'stupidest method' is often the closest to market truth.
You will discover an ironic rule:
The less experienced and skilled a person is, the easier it is for them to make money using the lid top method.
Why?
Because they don't understand so many indicators, they see a large bearish candle and run, simply and brutally, thereby avoiding most risks.
Some self-proclaimed 'experts' look at MACD, volume, Bollinger Bands crossovers, AI predictions...
Analyzing thoroughly, yet dying in hesitation. The silliest method is actually the purest cognition —
I don't know about the trend, but I know to get out.
This is why I call it the 'stupidest' method, yet it can achieve a win rate close to 100%.
Playing in the cryptocurrency market is essentially a contest between retail investors and market makers. If you do not have cutting-edge news or first-hand information, following and paying attention (Xiaoxun) will help you avoid getting lost; understanding market trends will give you confidence in your operations. Welcome like-minded cryptocurrency enthusiasts to discuss BTC ETH together.
