Friends, stop letting the ups and downs of K-lines lead you by the nose. In the crypto world, taking steady steps is the 'ATM' that can yield long-term profits.
I entered the crypto world with 150,000, and now my account value has surpassed 53 million. It’s not due to insider information or luck, but rather keeping uncontrollable emotions tightly caged and strictly following my own strategy.
The core principle is actually quite simple: more than 90% of people in the crypto world are blindly following the crowd; those who can remain calm and make rational judgments first can reap the market's dividends.
1. Don't be greedy for small profits, and don't bear large losses.
These eight words are easy to say, but only one in a hundred can truly achieve them.
Previously, someone opened a Bitcoin position with 30,000 and hastily took profits after a 6% increase, thinking it was wise to secure profits; however, in just three weeks, Bitcoin surged again by 35%, and he only made a small 'profit'; after learning the lesson, in the next trade, he swung to the other extreme, holding on until losses exceeded 12% before being forced to sell, getting 'slapped' by the market back and forth.
My approach is: before entering the market, calculate the profit potential. If the target profit is less than 35%, I will never open a position casually; at the same time, I set a stop-loss line in advance to keep losses within 7% downwards, truly allowing profits to run free and stopping losses in time.
2. Only choose mainstream coins that have dropped significantly.
I never chase after those newly released popular narratives, nor do I engage with high-risk MEME coins.
I will list mainstream coins like Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA), patiently waiting for them to retract at least 55% on a daily chart and for trading volume to shrink to below one-third of the previous peak before I will take out 10% of my funds to build a base.
This method may seem 'stupid' like moving bricks, with no skills involved, but it allows me to sleep well every night without worrying about sudden market crashes.
3. Gradually increase positions only after confirming the trend.
I never blindly increase my position when the trend is unclear. Only when the daily level is back above the 20-day exponential moving average (20EMA) and the 4-hour level shows a second signal of volume increase, will I gradually raise my position to 30% to 50%.
I never dare to fantasize about hitting the absolute 'bottom'; as long as the overall trend is correct, even if I enter at a price 3% higher than the lowest point, I consider it a worthy 'insurance fee' to at least avoid unnecessary losses from entering too early.
4. Lock in profits in batches; securing profits is what truly matters.
Whenever the increase of my held coins reaches 35%, I will first close one-third of my position, converting the principal and some profits into USDC, and transferring it to the cold wallet for safekeeping.
The remaining position will set a trailing stop-loss line, allowing it to continue following the trend to strive for more profits. Remember, the numbers on the exchange account are just a string of chips; only the assets in the cold wallet are truly your money.
Last year, a friend lost 800,000 after the FTT incident and was almost in despair. I guided him to use this 'stupid method' to trade Ethereum: first establishing a base position at 850 U, adding to the position at 1150 U, reducing at 1550 U, clearing 70% of the position at 1950 U, and finally exiting entirely at 2350 U.
In just seven months, he not only recovered the 800,000 he lost earlier but also profited substantially, and he recently purchased a Li Xiang L7.
The crypto world is never short of 'smart people' who are quick-witted; what it lacks are 'stupid people' who are willing to slow down and take steady steps.
Caging emotions and strictly following the plan, earning every penny solidly and with peace of mind, is the key to surviving and profiting in the crypto market long-term.
Trading is about repeatedly doing simple things, persisting with one method for a long time until mastering it. Trading can be like other industries, where practice makes perfect, allowing you to make every decision without overthinking.
This year marks my seventh year in crypto trading. I started with 10,000 and now support my family through trading! I can say that I have tried 80% of the methods and techniques in the market. If you want to treat trading as a second career to support your family, sometimes listening and observing more can help you discover insights that will save you at least five years of detours!
Follow me @加密大师兄888 There are many lost souls on the crypto road, and I only guide those with fate. Accepting apprentices...
