Cryptocurrency comeback: a transformation journey from working to earning a five-figure monthly income

I used to be a poor worker struggling to make a living, crawling through the cryptocurrency world, losing sleep over my losses. Fortunately, I found a method through my own skills and approaches.

The principle of scratching an itch

When the price point I have practiced a hundred times has not appeared, I would rather waste time scrolling through short videos than place an order easily. It's like playing Mahjong; when in poor condition, the wise choice is to stay away from the table.

Night owl strategy

The daytime market is like a whirlwind, with all sorts of fake news flying around. However, after nine o'clock in the evening, after the big players have finished dinner, the trends gradually become clearer. I often find I can read the market better while sitting on the toilet than during the day.

Take a bite of the meat that is about to enter your mouth.

Earned 1000 yuan, I will first pocket 300 yuan, and let the rest develop freely. I have seen too many people earn a Mercedes but cannot stop, and in the end, they even lose their bicycles in a tragic outcome.

Install a 'demon mirror' on the phone.

I have TradingView installed on my phone, and before every order, I must check three indicators: the golden cross and dead cross of MACD (the intersection of two lines), the overbought and oversold of RSI (above 70 or below 30), and the opening and closing of the Bollinger Bands. I only take action when at least two indicators agree; this thing is particularly deceptive, and I must be cautious when it seems reliable.

Stop-loss must be skillfully transformed.

Sitting in front of the computer, I play the 'building blocks' game: when I earn 100U, I raise the stop-loss line by 50U, repeating the operation. When walking the dog, I directly set a hard stop-loss of 3%, so I’m not afraid even if there is a sudden spike.

Withdraw on Fridays.

Whether I earn 10,000 or 1,000, at 3 PM on Friday, I will withdraw 30% on time. I specially opened a 'coffin fund' account on a certain treasure site, strictly ensuring fund safety.

Looking at candlestick charts is like watching a drama.

If you want to make quick money, focus on the 1-hour chart; if there are two consecutive bullish candles, jump in. When encountering a sideways market, switch to the 4-hour chart to find support levels, just as accurately as finding a restroom sign.

These pits will definitely explode.

A leverage exceeding 100 times is equivalent to seeking death; beginners are advised to start with 50 times for practice. Frog coins and dog coins are all just scythes for harvesting leeks. No more than 3 orders a day, just like munching on sunflower seeds; if you can't stop, it’s game over.

Remember to treat this like a job; shut down the computer on time and spend time with your wife and kids. The more laid-back you are, the more you can enjoy the rewards. I now only spend 2 hours a day watching the market, and the rest of the time I go shopping and enjoy good food, savoring life. #加密市场回调