In the cryptocurrency world, once I earn 80 million, I will retire. This profit system I am also ready to completely archive.
With 8 years of experience in crypto, starting with a 20,000 principal in 2017, to today having enough assets to lie flat, not relying on talent, not relying on insider information, and certainly not relying on luck. It’s all about sticking to one method—only using one system for 8 years.
Many old friends jokingly call this the 'fool's system,' but it’s this 'foolishness' that led me to eight figures.
The underlying logic of this system can be summarized in one sentence:
Three lines set the direction.
The 50-day line looks at short trends.
The 200-day line looks at bull and bear markets.
Trading volume assesses the authenticity of capital.
In 2017, when BTC broke 5000, it was grandly named 'the little bull taking off.' The 50-day line was firmly above the 200-day line, and the trading volume surged to three times the six-month average. I sold my marriage house and mortgaged it again, investing 3 million in one go. It was during that wave that I first broke ten million.
The most valuable part of this system is not the 'bullish outlook,' but the clear understanding of 'when not to touch.'
Three iron rules, none broken:
Iron Rule 1: Single coin position ≤ 15%
During the LTC surge in 2018, I only invested 12%. When it later dropped 80%, I was unscathed. Diversification is not cowardice; it’s about surviving longer.
Iron Rule 2: Stop-loss is the last firewall.
If mainstream coins drop more than 8% below the 50-day line, I must cut losses; if altcoins drop 5%, I must exit. The night before LUNA's crash, the system automatically cut my 1% position, resulting in only a loss of 70,000 U, while some around me went directly into debt.
Iron Rule 3: Maximum of 3 trades per month.
In the early days, I wanted to catch every fluctuation. After losing half a house, I forced myself to only make three trades a month. Instead, I accurately captured key market movements like 312 and April 2021.
The latest trade was last week:
ETH hit the 200-day line for the third time without breaking it, and the trading volume shrank to an extremely low level, with the system giving a golden buying point. I followed the rules and only allocated 8% of my position, taking profits at a 15% increase, smoothly pushing my account from 7xxx million to the 80 million threshold.
Then, I decided to really retire.
Today, as I cleared my desk, I found the trading log from 2017, with the first page stating: 'Once I earn 80 million, I will retire.'
At that time, living in a village in the city, eating steamed buns while watching the market, who would have thought it would actually happen one day?
Only after making enough money did I understand:
The candlestick chart is not everything in life. There are many scenes in the world more worth watching than just staring at the market.
This profit system, I will store on a USB drive, maybe buried somewhere in the backyard.
Because money in the crypto world can never be fully earned, but life, we only live once.
