Unknowingly, I've been in this circle for over ten years.

Before creating this new account, I thought a lot.

At 37, looking back, I remember when I first entered the market in 2014 with borrowed capital of 60,000; I had no confidence at all.

Now my account has exceeded 10 million; to be honest, my feelings are quite complicated. The earnings aren’t fast, and it’s not based on luck; it’s about stepping through pits and reflecting to climb out.

I trade, really transitioning from long-term to short-term, from ultra-short to intraday swings; I've tried various styles.

Now you say I understand the technology, but I am not a top expert; however, I can confidently say that my understanding of losing money is deeper than most people.

In these six years, I've seen too many people build high towers only to see them collapse. From tens of thousands to tens of millions, a bear market can wipe it all out.

Do you think their skills are poor?

No, they are just used to holding positions. When luck runs out and bullets are spent, a single pullback can wipe out the account.

Some people can recover from 100 losses, but as long as there’s one time they can’t hold on, it’s not just a small loss, it’s a direct wipeout.

There's another issue that truly frustrates me: too many people get 'urgent' as soon as they lose money.

When in a panic, you just want to break even, which messes up all your operations, ultimately leading to total loss.

I am not a saint; I have my moments of weakness. But I know one thing clearly: you must admit that the market will not listen to your commands.

Don't think that 'I feel it will rise' means it will rise, or that 'I judge this is a trap' it must be a trap. If you're wrong, you should exit, not stubbornly hold on.

In the cryptocurrency trading world, it essentially boils down to whether you can endure. Can you admit you were wrong at times? Can you do things according to the rules?

To put it bluntly, it’s not that you don’t understand trading, it’s that you refuse to lose, don’t want to admit you’re wrong, and are greedy.

Stop calling yourself 'faithful'; phrases like 'hold on and it will come back' are not faith; they’re self-deception of a gambler.

Now my assets exceed ten million; there’s nothing to brag about. I just executed simple rules to the extreme.

Admit when you're wrong.

Set stop-loss orders as soon as you open a position.

Make decisions when calm; when feeling impulsive, just turn off the computer.

You think making money relies on skills, but the truth is: every time you don’t follow the rules, you're digging your own grave.

The market is still there, and there are many opportunities.

As long as you are willing to switch off emotions, set rules, and not say that with 60,000 capital, even with 10,000 capital, you can still turn things around.

From losing all my capital to achieving 1 million USDT, I only used this one trick.

In June 2023, I invested all 120,000 USDT I had saved from my previous job into the market, but then I encountered a major retracement of altcoins. A strong operation resulted in losses, leaving me with less than 3,000 USDT.

During that time, I stared at the market until dawn, trying to recover through frequent trading. But the reality was that the more I struggled, the more I lost; contracts exploded one after another, and my faith in cryptocurrencies got halved but I still held on. That despair from going from full confidence to total loss still prevents me from looking back at the trading records.

It wasn't until later, when I heard the concept of 'only trading familiar system logic, not emotional trades' in a trading community, that I had an epiphany. I completely stopped all high-leverage gambles and began to establish my own stable system:

Step one: Every night, sort out the key cryptocurrencies for the next day, combining market sentiment and structures, and only select 1-2 targets for in-depth research.

Step two: Only trade with the trend, and entry points must be at breakout structures or confirmed retracement resonances.

Step three: Limit to two trades a day, don't go all-in, don't go against the trend, strictly set stop-loss and take-profit.

Step four: Review monthly win rates, profit-loss ratios, and maximum drawdowns, optimizing your trading plan.

Using this method, I started with 3,000 USDT, gradually increasing my positions and rolling over, and by April 2024, my account had surpassed 1 million USDT! Most importantly, I didn’t face any major losses along the way.

This is not luck; it’s the power of the system.

Now my daily trading time is no more than 1 hour; I no longer chase hot spots or rely on news for trading, but rather rely on mature logic, good discipline, and emotional control for stable profits.

The cryptocurrency world is very realistic; the market is not lacking in opportunities, but those who can make money are always those few who truly have methods and self-discipline.

From small funds to tens of millions, this cryptocurrency trading secret will help you turn your situation around easily!

Using a super simple cryptocurrency trading method, repeated operations can turn 200,000 into tens of millions; doesn’t that sound a bit incredible?

Actually, those who lose money often just haven't found the right method. If you want to make money, the key is to find a method that suits you, practice a lot, and you might find the numbers in your account soaring one day. This was said by a mentor of mine, and I always remember it. The trick I used before, compared to other methods on the market, was both simple and practical.

When the market is consolidating, we should wait and see, because major movements often follow consolidation. Once the situation is clear, we can take action, ensuring profits.

Also, don't fall in love with popular positions; you need to switch frequently, or you might end up with nothing. Those short-term hot spots are all speculative; when the heat fades, the funds will leave, and if you're slow, you’ll only be left confused in the wind.

When the market is rising, if you see the candlesticks slowly climbing up, starting off well and the trading volume increasing, it indicates that the market is about to accelerate. At this moment, we must keep our composure, hold tightly to our positions, as there will surely be big profits ahead.

However, if you see a particularly large bullish candle, whether at a high or low point, you must withdraw quickly, even if it’s a limit-up. Why? Because we need to guard against profits slipping away.

There’s also a little trick: buy when there are bearish candles online and sell when there are bullish candles offline; if you’re wrong, just admit it. Here, 'candles' refer to moving averages or important support and resistance levels. For short-term trading, I generally only look at daily candlesticks and daily attack lines. I don't like to drag things out; I usually don't hold positions for more than three days, at most a week, and I won't linger after that.

In the cryptocurrency circle, there’s a basic principle: don't sell when it's high, don't buy when it’s low; during consolidation, stay steady.

Finally, be prepared before buying. It's better to buy a little less than to put all your money in at once. After all, in the cryptocurrency world, the only constant is change.

Today, I will teach you a simple cryptocurrency trading secret. Even if you’re a newbie in the crypto world, as long as you follow it, you can make money. First, let’s agree, when looking at candlestick charts, set three moving averages: 5-day, 15-day, and 30-day, with the 30-day being crucial.

When choosing cryptocurrencies, select those that are rising or consolidating, but absolutely avoid those that are falling; also, avoid those with moving averages too close together.

Divide your capital into three parts: when the price breaks the 5-day moving average, buy one-third with light positions; when it breaks the 15-day moving average, buy another one-third; when it breaks the 30-day moving average, buy in fully. Remember, this step must be strictly followed.

If the price breaks the 5-day moving average and no longer rises but instead drops back, as long as it doesn’t break the 5-day moving average, hold on; if it breaks, sell quickly.

Similarly, after the price breaks the 15-day moving average, if it doesn’t continue to rise and only drops back, as long as it doesn’t break the 15-day moving average, keep holding; if it drops below, sell one-third first. As long as it doesn’t break the 5-day moving average, hold on to that one-third position.

If the price continues to rise, breaking the 30-day moving average, and then drops back, still handle it as mentioned above.

The timing of unloading is also very important. When the price is high and drops below the 5-day moving average, sell one-third first; if it doesn’t continue to fall, continue to hold the remaining 60% of the position. If the 5-day, 15-day, and 30-day moving averages all break down, then sell everything; don’t hold onto false hope.

Although this method is simple, the most important thing is to strictly execute it. After buying, the trading system is set, and you must follow trading discipline to make money.

The 'stupid' method of trading cryptocurrencies: seemingly simple, yet it can eat away all profits.

There is a seemingly clumsy yet effective method for trading cryptocurrencies. However, to master it, you must learn slowly and always remember the three things not to do.

Do not buy during a rise: Be greedy when others are fearful, and be fearful when others are greedy. Learn to buy during declines and make it a habit.

Never go all-in: Stay flexible and don’t let a single order bind you.

Never go all-in: Being all-in makes you very passive, while this market is always full of opportunities. The opportunity cost of being all-in is too high.

Now let's talk about the six rules of short-term cryptocurrency trading:

After the price consolidates at a high level, it usually will rise to a new high; after consolidating at a low level, it typically will set a new low. Wait for the direction of the market change to become clear before taking action.

No trading during consolidation: This is the simplest point, but most people lose money in cryptocurrency trading because they can't do this.

When choosing candlestick patterns, buy when there are bearish candles on the daily chart, and sell when there are bullish candles.

Declines slow, rebounds are also slow; declines accelerate, rebounds are quick.

Build positions according to the pyramid buying method: this is the only unchanging rule in value investing.

After a cryptocurrency continues to rise or fall, it will inevitably enter a consolidation phase. At this time, there’s no need to sell everything at a high price or buy everything at a low price. Because after consolidation, a change will inevitably occur, and strategies should be adjusted based on the direction of the change.

In the cryptocurrency circle, continuous learning and adapting to market changes are crucial. Not learning, even with ample funds, makes it hard to stand firm in this market.

The cryptocurrency philosophy for financial freedom! The logical thinking (depth) of mixing in the crypto world.

Right knowledge, right mindset, right intentions.

We in cryptocurrency trading must achieve theoretical confidence, road confidence, technical confidence, and cultural confidence; only then can we be considered truly advanced productive forces and advanced culture.

Cryptocurrency trading is a significant financial trend, an inevitable result of the development of blockchain technology, and a manifestation of new social productive forces.

Even though it’s currently a somewhat awkward situation, the state hasn’t said that buying and selling digital currencies are illegal; it’s at most a gray area.

With the development of blockchain technology, further empowering the real economy, cryptocurrency investment is increasingly recognized by the state, just like the stock market.

Our future is winding, but the road is bright; we must have confidence. Trading cryptocurrencies requires mastering economics, psychology, logic, game theory, etc. We also need to grasp certain candlestick techniques and at least understand the concepts and principles of blockchain technology. Achieving good results really requires experience and technical manifestation.

If you want to achieve results from this, even in good weather, try sorting out which factors most significantly influence our ability to make money.

Investing spare money.

If someone is swiping credit cards or even borrowing money to gamble in the crypto world, they will definitely not make money. Your mindset is poor, and naturally, the results won't be good. Being anxious all day makes it easier to chase peaks and sell lows. If you’re investing spare money, it means the money does not affect your future life.

Even if you lose everything, it's still worth it, as this can lead to profits; this is what we call serendipity.

Master psychology.

In the context of a bull market, it naturally attracts people from various industries into the cryptocurrency circle. But they all overlook the control of risk. At a deeper level, they don't grasp human nature thoroughly enough. So this tuition needs to be paid!

This contains human weaknesses: greed, anger, ignorance! Once you buy cryptocurrency, you keep staring at it, wishing to make ten or a hundred times your investment immediately. It's easy to be led by the market, chasing peaks and selling lows. Do you think you can achieve self-restraint and have a calm mind? I ask, who can do that? The reason chasing peaks and selling lows is a problem is that greed, anger, and ignorance are at play. Whoever can overcome this better stands to make big money.

Why do people have FOMO (fear of missing out)? Especially those with FOMO cannot remain calm. People often say losing money isn't that painful. The more this is the case, the less calm they are, making it easier to act impulsively. Naturally, this leads to hasty results.

Mixing in the circles.

The circle determines connections; the quality of the circle also determines the level of understanding. Different circles lead to different results. A group doing CX will naturally give you spiritual chicken soup every day, with no real value.

Gaining first-hand information is essentially about mastering information asymmetry. This also reflects the fast fish eating slow fish.

Be friends with time.

This is actually a common saying. Buying a cryptocurrency requires long-term holding; holding onto it doesn't mean you can become rich overnight. Being friends with time also talks about cyclical issues. Why is it said that holding coins is harder than being single?

The core issue is the trial of time and human nature. It goes against human nature, which is why only a few can hold on. We must cultivate our minds to become one of those few successful ones.

Maintain a learning mindset.

Every day there’s a flood of information in the cryptocurrency circle; we must master the principles and technologies of blockchain. Understand the principles and logic of various tracks. Those are the real public chains that represent the direction of future development.

We sneak in during the private placement phase or when the token prices are low.

Additionally, avoid the four shortcuts to financial ruin at all costs:

1. Chasing peaks and selling lows;

2. Super high leverage;

3. Financing and borrowing coins;

4. Short-term trading skills.

The road ahead is long and arduous; I will search up and down! Just watching the thief eat meat without seeing the thief getting hit won't do.

These days, have you felt the harshness of the cryptocurrency circle under policy regulation? Wanting to get rich is not an overnight success!

Writing is also a form of cultivation, both for oneself and for others.