In the crypto world, the most 'foolish' methods are often the most effective, yet 90% of people cannot endure. Over the years, I have seen many people lose and leave the market; they are not incapable, but they often fall into three traps:
Chasing highs and selling lows: when the price of coins rises, you rush in, but as soon as you buy, it drops; when it really drops, you dare not buy the dip. In fact, 'buying after a drop' is the way to benefit from cyclical dividends.
Heavily betting on direction: thinking that if you read the trend correctly, you can go all in; when the main force slightly fluctuates, you get washed out, losing the chance to recover.
Going all in: when emotions run high, you invest everything; even if you guess the direction correctly, you can't adjust your position, and when a real opportunity arises, you can only watch.
In the end, the toughest thing in the crypto world is not the unpredictable market, but losing to your own bad habits. I have summarized a 'foolish method' for short-term trading, which looks simple but few can actually do it:
Incomplete consolidation at high positions may rise again, while incomplete consolidation at low positions may fall again. Do not act without a signal.
Never enter the market during sideways fluctuations; many people lose patience and operate chaotically, leading to losses.
Buy on bearish daily close, sell on bullish close; following market sentiment is more reliable than random guessing.
Slow drops make high rebounds difficult, while fast drops can lead to sharp rebounds. Understanding the rhythm is key to seizing opportunities.
Build positions like a pyramid, enter in batches, always leave money for supplementary positions, and don’t shoot all your bullets at once.
After a big rise and fall, there must be consolidation; after consolidation, there must be a trend change. Do not go all in at high or low points; wait for signals to decide.
The market is never short of opportunities; what it lacks are those who can stay steady, endure, and survive. Only by executing the 'dumb method' thoroughly can the path to cryptocurrency trading be wide. Experts are not reliant on luck; they simply execute the 'dumb method' thoroughly.
What is the highest realm of cryptocurrency trading?
As trading progresses to the end, people become silent, cautious, and form their own universe. The way that can be spoken of is not the eternal way—ultimately, your cognition, operations, and life experiences have completely merged. You are the way, and the way is you; everything flows naturally. This is not some 'law of attraction' fantasy, but 'doing as one wishes without transgression.' The market is your most truthful teacher; it reflects every right and wrong honestly. You must become a person who is good at self-reflection. If you achieve these two points, you can survive here.
An old saying goes: those who can open positions are apprentices, those who can close positions are masters, and those who can remain flat are great masters. Therefore, what needs to be discussed is: how to view losses and how to execute stop-losses.
Trading is not gambling but a repeated attempt to profit. Impulsive orders are greed; they will completely destroy your chances of sustained profits.
You will ultimately understand—especially in the leveraged market, heaven and hell are only separated by a thin veil, sometimes even just a few seconds.
Losing money is not necessarily a loss; there is no need to regret. Doing business requires costs; the key is how much you win when you win and how much you lose when you lose. When you learn to view losses without emotions, you have truly taken the first step.
If you use the worldly view of 'rewarding success and punishing failure' to play the market, then the outcome is doomed from the start.
Losing money does not equal failure, and making money does not equal success. In fact, in trading, small losses signify success, as one big loss can zero out your account.
Once your mindset collapses, you will take everything as the truth, especially after repeated stop-losses.
Stop-loss and take-profit both end positions. There is only one reason to end a position: a correction of your previous judgment.
If you explode your account or fear stop-loss because of it, then your position is too heavy—not in absolute numbers, but in relative proportions.
Do not cling to your ego; do not oppose the market. Yielding is a skill.
'To destroy it, one must first drive it crazy' is most thoroughly reflected in the trading world.
Plato said: 'The greatest regret in life is to easily give up what should not be given up and stubbornly insist on what should not be insisted upon.'
The market has no opponents; the only opponent is yourself. Each of us has the gene of failure flowing in our blood.
The market itself has no risk; risk only exists because of your participation. Controlling yourself means controlling risk.
Avoiding large capital drawdowns is the secret to stable profits. Stop-loss when you should, reduce positions when you should; don’t just hope.
Even if you succeed a hundred times, just one failure is enough to bring you down.
You must gradually become rich—whether in life or speculation, 99% of failures come from greed.
You must differentiate: which is what you deserve, and which is what you want to snatch from heaven. Quick riches often lead to self-destruction.
Heaven's punishment is still negotiable; self-inflicted punishment is inescapable. Only a fool would test the water's depth with both feet.
Admitting that you are ordinary is the first tuition fee you must pay.
Trends are walked out, not judged by you. The future is unpredictable and does not really need to be predicted.
Once you start predicting, being right makes you easily self-righteous, subconsciously increasing your position size; being wrong leads to a collapsed mindset and chaotic operations.
I can even teach you a secret to 'stably lose': enter small time frames like the 1-minute chart, trying to predict every turning point accurately, catching every fluctuation—go ahead, young one!
There is no need to set profit targets. Profits are given by the market, not something you fight for. Setting a target creates obsession and expectation, which leads to disappointment, and disappointment leads to mistakes.
If you assume this order might incur a loss each time you place an order, the outcome will often be much better.
Be positive about life, but perhaps be pessimistic about your next trade. Speculation sometimes resembles a one-sided love: the greater the hope, the greater the disappointment. Assess without emotions, and you will do better.
Trading is both a grand act and a delicate one. For example, being obsessed with catching absolute tops and bottoms is overdoing it.
Being a little vague and proactively wearing protection, what's the harm? The so-called pattern is knowing to set aside meaningless issues.
When you win, keep quiet; when you lose, keep quiet too. Winning and boasting often mark the beginning of your losses. A happy neighbor is pain; do not wake it.
Moreover, constantly thinking about how much you win or lose will lead you away from the system itself. The focus is not on how much you win or lose, but on how much you have grown.
Only with thick virtues (trading systems) can one carry things. Nurturing things quietly brings wealth naturally.
Life is like speculation; always hold reverence and reflect on your own faults during leisure.
In this investment field, heaven's way does not necessarily reward diligence; sometimes it is quite the opposite.
Remember: at any time, your operation may be wrong.
But ironically, speculation is an absolutely personal heroic endeavor—you must stick to yourself while being able to let go of yourself and admit mistakes. How to balance this?
The difficulty in the journey lies not in the mountains or waters, but in the repeated fluctuations of the market.
Profit is finding a glimmer of possibility in the impossible; it is calmly traversing between life and death.
So they say speculation is life; it is all about 'letting go.' Know when to stop, and then there is gain.
When you hope to change your fate through trading, you often begin to incur losses—because subconsciously you increase your position size, and a large position can distort your psychology, stop-loss, and operations.
Trading cannot change your destiny; you must be friends with time.
You either take big losses, trust your judgment on trends, and ignore noise; or take small losses, reduce trading frequency, and improve accuracy. Combining both is safer, but it depends on the individual.
Trading is a real slaughterhouse. Entering requires courage, and if you realize that you cannot act, being able to decisively exit is even greater courage.
Not acting when you should is itself a form of action.
Stable profits or trading for a living is not a destination, but an everlasting ongoing process; you can never let your guard down.
Looking for precise patterns in the market? That is a dead end. Remember: you are here to make money, not to look for a crystal ball!
Real trading experts all have this characteristic (^-^)👍
When trading truly becomes your 'bread and butter,' that feeling is not of celebration, but of inner peace.
You are no longer eager to prove how great you are to others, nor will daily fluctuations disturb your peace of mind. You know your own rhythm and when to act and when to observe.
You have bid farewell to the fantasy of 'getting rich overnight' and no longer pursue the 'legend of the magic order.' Like an experienced farmer, sowing in spring and harvesting in autumn, everything has its own timetable.
Stable profits ≠ occasionally making money.
True stability is being able to calmly execute a predetermined strategy even after experiencing the market's winter and consecutive losses.
You are used to seeing a slow and steady growth curve in your account and no longer fluctuate emotionally due to daily gains and losses.
The core ability of top traders is not the talent for making money, but the calmness in facing losses and the resilience to continue executing plans.
Methodology > Luck.
Your profits come from a verified strategic system, not from luck or intuition.
Every step has rules to follow, and every decision has logical support. So even if the market changes drastically, you can still respond calmly.
Reality is more important than ideals.
You no longer fantasize that trading can bring a 'financially free' easy life. You know this field is tough and lonely, but you have accepted and adapted to it.
You understand this is not a shortcut, but a life path you choose and acknowledge.
When trading returns to its essence.
When you no longer have unrealistic fantasies about trading, but only clear awareness and strict execution—this is the mark that you can rely on it to survive.
The silliest trading method in the crypto world has made my account skyrocket!
I used to think that trading cryptocurrencies relied on candlesticks, indicator crossovers, and various theories, watching the market every day, and using wave theory... But I ended up with repeated huge losses, hitting the mines three times, and truly exhausted myself.
Until one day, I decided to try the silliest way to trade cryptocurrencies: no fancy stuff!
I didn't expect this 'laid-back' method to take me from 1700U all the way to 14WU!
The method is super simple, so simple that you won't believe it:
1. Only chase breakouts, do not touch consolidations!
All sideways movements and false breakouts, just PASS! As long as the price breaks through a new high, I will immediately enter the market.
For false breakouts, take small losses; for true breakouts, stabilize and profit from a wave! No matter what kind of breakout it is, just get in first.
Watch the market every day; do not let yourself miss opportunities.
2. Heavy positions? Nonexistent! Only use 20% of your position!
Only move a little bit of your position each time; take profits when you can. If you lose, take a break; reverse position? That's not a thing!
Others make dozens of trades a day; I make two trades a week, and I earn more than they do.
Things you can't do are useless to think about; steadiness is the key.
3. Only trade market conditions you understand; give up the rest!
Catching bottoms and tops is something only technical masters can handle; I just steadily follow the market.
Chase the rise when it goes up, chase the fall when it goes down.
Don't think about predicting the future; I will move with the market as it goes, without any illusions.
Opportunities that continue trends are the most stable money-making opportunities.
Those technical analysts laugh at me for doing this, but now my account has soared to 14WU, while they are still desperately analyzing a bunch of complicated charts and indicators.
I am not a genius; I simply use the simplest strategy to steadily make money. See the market's rhythm clearly; stop messing around. The truth is: 'do simple things, earn big money.'
Want to double your account? Stop getting tangled in complicated strategies; learn to control yourself and adopt simpler methods, and your account will naturally double steadily.
📊 Is the volatility in the crypto world too stimulating? Here are 3 tricks to maintain your rhythm without panic!
Recently, the market has been like a roller coaster, rising in the morning, falling in the afternoon, and rebounding again at night. Many people are confused. As a veteran who has experienced multiple market fluctuations, today I will share practical tips that even beginners can easily grasp!
🔍 First understand: why does the market always 'rise and fall dramatically'?
1. News has a big impact: related policy changes, large fund operations, industry opinions, etc., can cause rapid fluctuations in the market.
2. Capital is in the game: some funds deliberately create volatility to attract following and then harvest.
3. Emotions amplify volatility: when everyone panics, they sell like crazy; when they are greedy, they buy desperately. The more they follow the trend, the more exaggerated the fluctuations.
💡3 practical tips to stay steady amidst volatility!
1. Use different positions; don't invest everything.
Divide your capital into 3-5 parts, do not chase prices to increase positions, and when it drops to 10%-15%, supplement in small batches. Even if you get stuck, you still have room to maneuver.
2. Set 'safety lines' in advance, and do not hesitate to stop-loss and take-profit.
Set stop-loss (5%-8% drop) and take-profit (10%-20% rise) before opening a position, and use platform tools to execute automatically. Don't wait until it drops and you're confused before taking action.
✨ Reminder: Stop-loss is to preserve capital and prepare for the next opportunity!
3. Do not be greedy for 'highs and lows'; just earn from the 'middle segment.'
Don't always think about buying at the lowest and selling at the highest! Look at the moving averages (like 120-day, 250-day moving averages) to determine the trend: buy when it retraces near the moving average during an uptrend, and sell when it rebounds near the moving average during a downtrend. Just earning from the middle part is enough; greed leads to losses.
⚠️ Is your mindset collapsing? Remember these three sentences!
• 'Market opportunities are always there; preserving capital is the most important.'
• 'When others panic, do not follow the crowd to sell; when others are enthusiastic, do not chase the highs.'
• 'Look at the market less! Three times a day is enough; the more frequently you watch, the easier it is to operate chaotically.'
After ten years of ups and downs in the crypto sea, I have seen the liquidation reminders at three in the morning and also witnessed the frenzy of hundred-fold returns.
When the candlestick chart transforms from strange symbols to the trajectory of life, I finally understand: all technical indicators, market analysis, and position management.
All is built on one cornerstone—absolute honesty with oneself.
This seemingly simple two-character word is actually the dividing line between eternal gamblers and true traders.
Be honest with yourself; the first step is to face your investment intentions.
How many people disguise speculation as 'value investment'?
How many people use 'long-term holding' to disguise their unwillingness to cut losses?
The cryptocurrency world is strange and colorful, where the Bitcoin white paper dances with animal coins, and DeFi innovations soar alongside Ponzi schemes.
If you cannot honestly answer 'why enter the market,' all strategies will be built on quicksand.
I have witnessed seasoned traders go bankrupt due to confusing investment with gambling.
They are proficient in all technical indicators, but do not understand themselves.
Honest records in trading logs are far more important than profits.
Every late-night review, you must ask yourself:
Did today's operations follow the plan?
Was that unexpected profit purely luck?
Was that stop-loss executed hesitantly?
Honest people see the quality of decision-making in probability games.
Self-deceivers only see the fluctuations in their account balances.
The most precious wealth I've accumulated over the past decade is not the profit curve.
Instead, it is filled with thirty trading diaries of lessons learned from failures.
The hardest part is being honest with desire.
When unrealized gains create the illusion of being 'the chosen one.'
When a crash triggers the delusion of 'borrowing to bottom out.'
Only honesty can rein in the out-of-control reins.
Truly mature traders have experienced the shift from pursuing 'maximizing profits' to 'surviving the longest.'
The catalyst for this transformation is an honest evaluation of one's own abilities.
There is no holy grail in cryptocurrency; honesty is the compass.
It will not tell you tomorrow's Bitcoin rise and fall.
But it can keep you clear-headed amidst the wild fluctuations.
Ten years of honing a sword is not about predicting accuracy, but about the courage to face the truth of oneself.
When countless people are still chasing mysterious indicators and insider news.
Those who understand the way have long realized:
All conquests of the external market.
Ultimately stemming from a sincere watch over the inner world.
I used to stumble in the dark alone, but now the light is in my hands.
The market is cruel, so we must cultivate solid skills to survive! Success is not accidental; opportunities are for those who are prepared. Follow Lao Chen, a skilled captain in medium and short-term arbitrage, and no matter how the market moves in the future, I will walk with you.
