今酒

How to play with leverage? I spent ten years of youth and two million in tuition to tell you some hard truths.

In 2017, I opened a long position on Ethereum with 100,000 yuan in capital and 20x leverage, turning it into 1 million in a week.

At that time, I thought Buffett was just okay. In the bull market of 2021, I continued to leverage my 5 million position when Bitcoin was at 60,000 USD, aiming for 10 million.

As a result, that famous needle came down, and I was completely wiped out in 15 minutes; when the numbers on my phone screen returned to zero, my hands trembled so much that I couldn't even light a cigarette.

After ten years, I've seen too many people treat leverage as a money printer, but in the end, it all became an ATM. Here are a few ironclad rules that I learned the hard way:

First, always play with money you can afford to lose.

People who leverage their living expenses or home purchase funds are not gamblers, they're fools. I later only played with 5% of my total capital on high leverage; if it blows up, it's just like scratching a lottery ticket.

Second, the amount of leverage is inversely proportional to your confidence in the trend.

When you think it’s “guaranteed to rise,” using 3-5x is enough; when you hesitate and want to gamble with 20x? That’s a problem, it needs treatment. My current discipline is: mainly spot trading, leverage never exceeds 10x.

Third, stop-loss orders must be placed in advance, don’t rely on memory.

The time I got liquidated was because I thought, “just wait a bit longer, it will come back,” but the system doesn’t give you that chance.

Now my rule is: place a stop-loss order when opening a position, and if the loss exceeds 20% of the capital, cut it unconditionally.

Fourth, don’t open new positions during wild price fluctuations.

The FOMO (fear of missing out) emotion is strongest when the scythe is fastest. Wait for the market to calm down for a day, there will always be opportunities, but capital is not always available.

After ten years of trading cryptocurrencies, leverage is not a tool for you to get rich; it is a tool for you to recognize how greedy you are more quickly.

I have seen too many people become rich through leverage, but I have not seen anyone who became rich long-term through leverage.

What truly changed my life was the Bitcoin spot I hoarded in 2019, which has multiplied over ten times by now. What I earned through leverage will eventually be returned.

If you haven’t touched leverage yet, I envy you; if you’re already playing, remember: in the crypto world, surviving is more important than anything else.

I used to wander alone in the dark night, but now the light is in my hands.

The light is always on, will you follow? @今酒

In December 2017, at three in the morning

The numbers on the screen were still jumping, but I could no longer see them—three minutes ago, my position was completely wiped out, and my account went from six figures to 37.28 USDT

That was my second year of trading cryptocurrencies, and the first time I played contracts, I nearly went to zero. I sat in the dark, hearing the sound of my own heartbeat, like the striking of a broken clock

It has been ten years, from spot trading to contracts, from 37.28 USDT back to seven figures, the first lesson I learned is: contracts are not casinos; they are precision operating tables. Every trade must have a "surgical plan"

1. Position is the lifeline

I always follow the "1% principle"—a single loss should not exceed 1% of the total capital. Does it sound conservative? But it is precisely this principle that allowed me to survive the 5·19 crash in May 2021. That day, countless people were liquidated, and my maximum drawdown was only 12%. Specific operation: If you have 10,000 USDT in your account, and you set the stop-loss 10% away from the current price when opening the position, then the position should be controlled around 100 USDT (10,000 × 1% ÷ 10%). This is not a math problem; it is a survival issue

2. Stop-loss is not "maybe wrong"; it is "already wrong"

I have seen too many people treat stop-loss as a moving target, adjusting the stop-loss lower as the price falls, until there is no way out. Once my stop-loss is set, it is like a concrete wall—either the price hits it and stops, or I hit it and stop. There is no "let's wait and see"

3. Leverage is not an amplifier; it is a microscope

High leverage does not amplify profits; it amplifies every tiny flaw in your strategy. I usually use 3-5 times, with a maximum of no more than 10 times

Why? Because exceeding 10 times, normal market fluctuations (like 3-5% intraday volatility) are enough to trigger forced liquidation. You are not trading trends; you are trading noise

Over the years, I have seen screenshots of liquidations at four in the morning and witnessed the celebration of accounts gaining two zeros overnight

But what the market ultimately leaves behind is never the smartest or the bravest, but the one who understands "what not to do"

Do not hold positions, do not go all in, do not believe that "this time is different", do not double down when losing to try to recover

In the contract market, surviving is the greatest victory. Those thrilling stories will eventually fade, but your account balance does not lie

It has been ten years, and I still remember that morning of 37.28 USDT—it taught me not how to win, but how not to lose @今酒

For ten years of trading cryptocurrencies, I evolved from a naive beginner to gradually discovering my own survival strategy.

The market has its ups and downs; I have witnessed the euphoria of bull markets and endured the harsh winters of bear markets, ultimately developing a simple yet effective method.

Today, I will share my personal experience with the short-term strategies that have allowed me to profit steadily.

My core strategy consists of only four steps, focusing on simplifying the complex.

First, selecting coins is fundamental. I never chase trends; instead, I focus on the technical aspects: I open the daily chart and only filter the coins where the MACD shows a golden cross, especially prioritizing those where the golden cross occurs above the zero axis.

This is like precise positioning in searching for a needle in a haystack, significantly increasing the probability of success and avoiding blind following of the crowd.

Secondly, buying and selling depend on the daily average line.

I discard complex indicators and rely solely on a single daily moving average.

The rules are extremely clear: when the coin price is above the daily moving average, it is a signal to buy and hold; once it falls below, I immediately sell and exit.

This line is like a lifeline, keeping me on the correct side of the trend without being confused by short-term fluctuations.

Moreover, position management determines success or failure.

After buying, I closely monitor the price-volume relationship: if the coin price breaks through the daily moving average and the trading volume stabilizes above the average, I will fully invest.

Selling is done in steps: when profits exceed 40%, I reduce my position by 1/3; when it exceeds 80%, I reduce another 1/3, preserving profits;

And once the coin price falls below the daily moving average, regardless of profit or loss, I liquidate all holdings.

This way, I lock in profits while strictly controlling drawdowns.

Finally, discipline is above all.

I view the daily moving average as an operational iron rule; even if it suddenly falls below the next day, I will not hesitate to sell everything.

The market is unpredictable, but the method remains constant. After selling, I just need to patiently wait for the coin price to stabilize above the average line before re-entering.

After ten years of honing my skills, I deeply understand that success does not lie in precise predictions but in thorough execution.

This method may seem plain, but it has allowed me to move steadily amidst volatility.

Remember, trading cryptocurrencies is like a practice; repeat simple rules, overcome greed and fear, and time will naturally reward you with surprises.

I used to stumble alone in the dark, but now the light is in my hands.

The light keeps shining; will you follow? @今酒

Ten years have passed, and this market has swallowed one batch after another

From mining machines sold by the kilogram to ICOs, DeFi, NFTs, MEME... I have seen too many skyscrapers rise, and even more buildings collapse

So when he wailed in the group, saying that the dogecoin had returned to zero three times in two days, and that he had put his rent in, I seemed to see myself from ten years ago

I decided to give him a hand, but only teach the rules

Money is divided into three parts: three hundred for day trading, one order a day, and if you make 5%, you shut down;

Three hundred wait for opportunities, never enter the market unless at the support level;

The last two hundred is the "coffin fund", which cannot be touched even if the sky falls

He found it slow, until he saw his colleague's contract explode and slump in the chair, he silently divided it into three parts.

2. Teach him to "eat by watching the sky"

Seventy percent of the market is garbage time, when it's sideways, just go running or sleep. There was a time when ADA was sideways for a week, and he asked in the middle of the night: "Should we set an ambush?" I just replied: "Wait for volume"

The next day, a big bullish candlestick broke through, and we made 18%. He said he lost five pounds that week, but earned more than in the past six months

Every time he made 15%, I forced him to withdraw one-third to his bank card — the numbers on the screen are virtual, the SMS notification of the arrival is real.

3. Implement "punishment tools"

Each order has a stop loss of 3%, and if it touches the line, it automatically cuts; if profit exceeds 8%, immediately move the stop loss to protect the capital. Once, when trading LTC, he wanted to withdraw the order just 0.5% from the stop loss, and I directly showed him a screenshot of his liquidation from three months ago

That night, LTC plummeted by 12%, and his account only lost 1%. Later he said: "That cut didn’t happen, now there’s nothing left of the bones."

In four months, he rolled from 1500U to 23,000U. Then he got carried away. He mixed into a signal group, laughed at others for being timid, and leveraged everything to chase MEME coins

That night, when he retraced half, he posted a little essay blaming me: "If I had gone all in back then, I would have made fifty thousand already" I flipped back to four months ago when he cautiously asked about stop loss records, and suddenly felt weary

I deleted him, leaving one last message:

"All the people who returned to zero in ten years did not do so because the market was bad, but because they forgot who they were. The rules are for those who want to survive. You want to fly, I won't stop you — but don't blame me for not teaching you how to walk when you fall down."

Discipline is not about making the most money, it is about living the longest. Most people ultimately lose not to the market, but to the wild beast inside them that they can't control.

Before, I stumbled alone in the dark, but now the light is in my hands.

The light is always on, will you follow? @今酒

For ten years in cryptocurrency trading, I have turned exchanges into cash machines. No guessing price movements, no staring at the screen, starting with $5000, and to this day, zero liquidation, relying on a set of probability-based discipline.

In 2015, I entered the market with $5000, personally experiencing several bull and bear cycles, witnessing too many stories of accounts going to zero overnight.

However, my account curve has remained steadily upward, with the core drawdown always controlled within 8%.

I view the market purely as a probability game and insist on being the rule maker. Over the past ten years, I have relied on three core methods:

1. Profit means withdrawal, putting a "bulletproof vest" on profits.

Every order comes with preset take profit and stop loss. Once the profit reaches 10% of the principal, I immediately withdraw 50% to a cold wallet, continuing to roll over only the "floating profit."

Enjoying compound interest during upward trends, and protecting the principal during corrections.

Over the past decade, I have triggered multiple exchange risk control checks just from profit withdrawals, but this proves the safety of funds.

2. Multi-period misalignment, turning volatility into the "withdrawal password."

I simultaneously focus on daily, 4-hour, and 15-minute charts: the daily chart sets direction, the 4-hour chart finds range, and the 15-minute chart accurately positions.

I often place two orders in opposite directions for the same asset: one following the trend with a stop loss set at the daily structure point; another counter-trend order, ambushing in the 4-hour overbought/sold area.

Each order's risk is strictly controlled within 1.5%, with a target profit-loss ratio greater than 5:1.

The market oscillates most of the time, and this strategy allows me to profit on both sides amid volatility.

For instance, on the day of LUNA's severe crash in 2022, my long and short orders both took profit, resulting in a 42% daily account growth.

3. Treat stop losses as "entry tickets," using controllable losses to seize trend opportunities.

I calmly accept small stop losses, viewing them as necessary costs of trading.

When the market goes smoothly, I move the stop profit, allowing profits to run; when the wind shifts, I decisively exit.

Long-term statistics show my win rate is only about 36%, but the average profit is 4.8 times the losses, giving a positive system expected value.

This means for every 1 yuan risked, I can expect a return of 1.9 yuan.

Additionally, three iron rules run throughout:

Divide funds into ten parts, with no single investment exceeding one part, and total positions not exceeding three parts.

After two consecutive losses, I force myself to exit and rest, eliminating "revenge trading."

Every time the account doubles, I withdraw 20% of the profit to allocate to stable assets, ensuring a calm mindset during bear markets.

Before, I was bumping around in the dark alone; now the light is in my hands.

The light is always on, will you follow? @今酒

I have been trading cryptocurrency for ten years and have seen too many people think that if they get the direction right, they will definitely win.

I can tell you personally—it's absolutely wrong.

In my first two years of trading contracts, I lost nearly a million.

The most ironic part is that during those big market movements, I had the right direction.

But the result was a total loss.

Later, after reviewing thousands of settlement orders, I realized that I wasn't losing to the market,

but rather losing to these three traps hidden in the candlestick charts.

The first trap: rushing in too early—fresh recruits charging forward.

As soon as the market shows signs, I get excited and place orders, thinking I can make quick money when I see a breakout,

but I end up stepping into the spike zone and getting washed out of the market.

The market maker is just waiting for your "urgency."

The second trap: stop-loss too tight—precise targeting.

Many people like to set a hard stop-loss at 3% or 5%, thinking it’s safe.

But the volatility of contracts is ten times that of spot trading, and that little bit of space is just a live target in the eyes of the market maker.

I was once taken out three times in a row overnight by a "false breakdown,"

watching the price run wildly in the direction I predicted,

but I had already been shaken out of the market.

Later, I realized: a stop-loss is not a "fixed point," it's a "dynamic defense line."

It needs to move with the market fluctuations, not with your heartbeat.

The third trap: heavy-handed betting—a gambler’s roulette.

Going all in means handing your fate over to the next candlestick.

Even if the big direction is right, as long as the market fluctuates a few percentage points in the opposite direction,

the account still gets wiped out.

I will never forget that night of liquidation, watching the balance on the screen go to zero, feeling completely drained.

Since then, I have exchanged blood and tears for three iron rules, engraved in the trading system:

1. Never go all in; always divide your position into three parts, no matter how certain you are;

2. Adjust stop-loss dynamically with the waves, without setting a fixed "death point";

3. If you can’t see clearly, don’t act; being in cash is also a position.

With these rules, I moved from continuous liquidations to stable profits,

and later my account tripled in a year, but more important than the profits is—
I survived.

In the cryptocurrency world for ten years, the most important lesson I learned is:

Those who can survive here are never the best predictors,

but those who understand how to respect the market and manage risks.

Before, I was stumbling around in the dark alone; now I have the light in my hand.

The light is always on; will you follow? @今酒

For ten years in cryptocurrency, I've seen too many stories of overnight failures, but what makes me proud is the real experience I had last year with a fan, turning 2000U into 50,000U. This isn't luck; it's intuition gained from ten years of pitfalls.

At that time, he had just entered the space, holding onto 2000U as if it were all his hope. He asked me, "Bro, can I double it?" I said, "Doubling isn't the goal; surviving is."

I gave him three iron rules, which are also lessons learned from my ten years of experience:

First, only bet money you can afford to lose completely.

That 2000U was his spare money; losing it wouldn't affect his life. With a stable mindset, his decisions wouldn't get distorted.

Second, always diversify your positions; never go all in.

I advised him to split his funds into five parts, using only one part at a time.

Even if he bought the wrong asset, there was still ammunition to recover. The first time he bought a meme coin, he wanted to go all in after a 20% rise, but I managed to hold him back.

Later, that coin dropped by 60%, and because he had a light position, he was unharmed.

Third, cutting losses is more important than making profits.

I taught him to set a hard stop-loss: if any single loss exceeds 15% of his principal, exit unconditionally.

He strictly followed this three times; although it hurt, it saved his life.

Later, he caught a minor rally in a meme coin, and because his principal was intact, he kept adding to his position, ultimately enjoying a five-fold increase.

The entire process took three months; he followed along like an apprentice. There was anguish and doubt in between, but the iron rules supported him.

When his account turned into 50,000U, he sent me a message: "Bro, I think I understand."

What I want to say is that in this market, "slow" is the fastest route. All those who wish to get rich overnight become fuel.

The ones who can truly stay are those who engrave risk into their bones, treating every trade as if it were a matter of life and death.

Don't blindly trust the big players; no one can be responsible for your principal.

What I've shown you is merely the scars formed over ten years of injury.

If you also want to walk this path, ask yourself first: how many times can you accept losing everything and still be willing to learn from scratch?

The deepest takeaway from the crypto world is actually just one sentence: always use money you can afford to lose, prepare for the worst-case scenario, and then execute strictly. The rest, leave to time.

Before, I was stumbling alone in the dark; now, the light is in my hands.
The light has always been on; are you coming along? @今酒

Ten years of trading, the ashtray was full again at three in the morning.

In that winter of 2017, I stood on the rooftop for half an hour—Bitcoin plummeted from twenty thousand dollars to eight thousand, and my five times leveraged long position exploded, leaving only the transaction fees. My phone kept vibrating, and the messages from the exchange felt like obituaries.

But what truly kills is not leverage, but luck.

Before the liquidation, there were actually three opportunities to close the position, but I kept fantasizing that "just a little bounce and I’ll break even."

Leverage is just a tool, like a knife that can chop vegetables but can also hurt people; however, the hand that stabs itself with the knife is always that unwilling to let go hand.

Later, I learned two things:

First, leverage should only be applied during the acceleration phase after the trend is confirmed, and it should always be divided into three batches. Once the profit covers the principal, immediately withdraw the principal.

Second, setting a stop-loss should be as natural as breathing. My stop-loss orders are always placed before opening orders, and at the moment of entering the market, I already know the worst outcome.

Last year, when Ethereum was at 1800, I opened a leveraged position, but I automatically exited when it fell below 1750. Three months later it dropped to 1500, and I re-entered at 2200 using the chips I had preserved at that time. Control the loss limit, and profits will come on their own.

Over the years, I have seen too many tragedies:

Old Chen next door held his position for three years and finally "broke even," but missed the entire DeFi wave;

Young people in the novice group flaunting hundred times contracts, three months later their avatars turned gray forever.

The market does not reward the brave, only the sober.

Leverage is not the devil; greed is.

When you start using "faith" to average down and get emotionally moved by being a "diamond hand," the account balance will honestly say no.

True freedom is not making eight figures in one go, but being able to turn off the charts and sleep at three in the morning—you know the worst outcome has already been calculated, and tomorrow the sun will rise as usual.

In the past, I stumbled around in the dark alone, but now the light is in my hands.
The light is always on, will you follow? @今酒

For ten years in cryptocurrency trading, I have stumbled into countless pitfalls and paid a lot of tuition, and what I've ultimately settled on is actually the "dumbest" method.

Today, I'm sharing this strategy, which may not be very flashy, but it allows you to survive longer amidst market fluctuations—after all, in this market, surviving longer is the real skill.

Step 1: Choose coins like choosing battle companions, only look at hard indicators.

I spend only 10 minutes a day reviewing daily charts, with the MACD golden cross as the baseline, especially favoring golden crosses above the zero line—just like picking athletes, only those in an upward trend are worth betting on.

Don’t be too greedy; keep an eye on no more than 3 coins at the same time, as spreading your attention makes it easier to trip up.

Step 2: One moving average determines buying and selling discipline.

My trading system has only one 60-day moving average (you can also use 30-day or 90-day; the key is to stick to the same standard).

When the price is above the moving average, it's like a green light; when it drops below, it's a red light—don’t ask why, just hit the brakes.

Over these ten years, I’ve seen too many people drop below the moving average still fantasizing about a rebound, only to see a shallow loss turn into a deep pit.

Step 3: Position management is the key to survival.

Entry signal: When the coin price breaks above the moving average, if the trading volume also increases, I will decisively go all in (note that it’s "all in on one coin," not betting all funds on one market).

Gradual harvesting: Reduce your position by 1/3 when it rises 40%, then reduce another 1/3 when it rises 80%, leaving the remaining position to ride the trend. It’s like farming; harvest one crop as it matures, and never be greedy waiting for it to rot in the field.

Clearing position baseline: As long as it drops below the moving average, even if the account is still profitable, clear it immediately. This rule helped me avoid the crashes of May 2021 and LUNA in 2022.

Step 4: Stop-loss should be as natural as breathing.

Once, after buying, the next day it dropped below the moving average, and although the loss was less than 3%, I still decisively cut my losses.

A week later, that coin halved in value—discipline is not cold-blooded, it’s a responsibility to your own capital.

Later, when it climbed back above the moving average, I bought it again and ultimately made a 50% profit. The market always has opportunities, but capital only comes once.

Final insights

The core of this method is "weaken judgment, strengthen execution." Beginners always want to predict tops and bottoms, while veterans just follow the trend.

The secret is simple: when the market is good, rely on the moving average to make profits; when the market is bad, rely on discipline to save your life.
In the past, I wandered in the dark alone, but now the light is in my hands.
The light is always on; will you follow? @今酒

After ten years of trading cryptocurrencies, from 25 to 35 years old, I have turned my youth into candlestick charts.

Born in Wuhan, Hubei, and settled in Zhongshan, two villas were not obtained through demolition, but rather through rolling out 7 million with a 50,000 capital in the cryptocurrency circle.

I don’t engage in contracts, don’t chase news, and rarely mingle in circles; I rely on the 'stupid method' honed over ten years.

Today, I will openly share these six iron rules earned through blood and tears. I won't delve into mysticism; I will only discuss practical experience. If you understand one rule, you can avoid pitfalls; if you follow three rules, your profit curve will naturally smooth out upward.

First rule: Rapid rise, slow fall; the institution is eating.
When the market suddenly surges, don’t rush to take profits. If it declines slowly during a pullback with moderate volume, it’s likely a washout. Remember, the danger signal is a large increase in volume followed by a large decrease—this is the sound of the sickle swinging.

Second rule: Rapid fall, slow rise; the institution is retreating.
A rebound after a flash crash is like a sugar-coated shell. If the price drops by 30% and then rebounds by 5%, don’t comfort yourself with 'it’s oversold.' When the main force is offloading, rebounds always seem hesitant, like the twilight glow, which doesn’t last long.

Third rule: If there’s a significant volume at high points without dying, lack of volume is dangerous.
If a new high is reached with sustained volume, it indicates that there are still assault troops amidst the divergence. But if the price is flat and the volume is exhausted, it’s like the retreating waves before a tide; a crash often occurs in the quietest moments.

Fourth rule: Look for sustained volume at the bottom; single-day anomalies are traps.
A sudden massive bullish candlestick? It might be a test or a trap to lure more buyers. The true bottom signal should be observed: after a period of low volume fluctuations, a gentle increase in volume over three consecutive days, like thawing in spring, permeating layer by layer.

Fifth rule: Candlesticks are appearances; volume is emotion.
Price is merely the result of voting; trading volume indicates the number of voters. A spike in volume with long upper shadows indicates the peak of collective greed, while a low volume doji indicates the bottom of collective despair—trading cryptocurrencies essentially measures the market's temperature.

Sixth rule: Only by letting go of attachments can one attain freedom.
Being able to stay in cash and wait, daring to buy the dip during a crash, not being attached to profits, and not fearing losses when stopping out. This 'non-attachment' is not about lying flat but flowing with the trend like water. In a bull market, don’t be a stubborn long; in a bear market, don’t be a stubborn short; this is the ultimate wisdom to traverse cycles.

After ten years of ups and downs in the cryptocurrency sea, the deepest realization is: smart people chase a hundred-fold myth, while foolish people focus on securing every 10%. Slow is fast; this is the most luxurious consensus in the circle.

In the past, I stumbled alone in the dark; now the lamp is in my hand.

The lamp is always on; will you follow? @今酒

In 2015, I entered the cryptocurrency market with 200,000 and after experiencing liquidation, online loans, and debts, I fought back with the last 1,000 USDT loan.

I have seen too many people rush into the cryptocurrency market with dreams of getting rich, only to leave in disappointment. From 2015 until now, I have gone from liquidation and debt to establishing a stable trading system, summarizing these key points. Today, I condense my core principles into three points, so you can avoid 5 years of detours!
1. Three key elements of trading strategy
Cycle positioning determines success or failure; only by seeing the big trend can one make big money. I do three things every day:
Compare weekly charts to judge bull and bear markets (staying above EMA30 indicates a bull market)
Confirm mid-term trends on daily charts (three consecutive candlesticks breaking previous highs)
Find specific entry points on 4-hour charts
Key tip: When the trend is unclear, it’s better to be in cash than to gamble
Precise positioning of key price levels: I use quantitative methods to find support/resistance levels:
Connecting the highs and lows of the last three months
Fibonacci key levels at 0.382/0.618
On-chain data to observe large liquidation areas (when these three positions overlap, the success rate increases by 70%)
Micro-entry techniques: When the larger cycle looks bullish, I use the 15-minute chart to find buy points:
RSI bullish divergence + volume breakout
Long lower shadow at the lower Bollinger Band
Trading volume surging over three times (satisfy two conditions and immediately place a light position)
2. Eight disciplines for risk control
Asset selection: BTC/ETH occupy 70% of the position, mainstream coins 30%
Single position opening: Never exceed 5% of total capital
Stop-loss setting: Set a hard stop-loss of 3% at the same time as opening a position
Take-profit strategy: Close positions in three batches (30% profit/loss ratio of 1:1, 40% at 1:2, 30% to ride the trend)
Trading periods: Avoid Asian early morning and US stock market opening moments
Plan management: Each trade has two response plans A/B
Daily review: Record three improvement points (must include mindset issues)
Mandatory calmness: Stop trading immediately for 24 hours after a 5% loss in one day
3. Three iron rules for survival
Reject emotional trading
If BTC rises more than 8% in a single day, reduce the position by 30%
If there are three consecutive stop losses, immediately shut down and rest
Patiently wait for the best buying point: My buying point criteria:
The trend of the larger cycle is upward
The smaller cycle shows confirmation signals
Key support levels stabilize (all three are indispensable)
Capital management principles
Withdraw principal when profits exceed 50%
Transfer out 30% of monthly profits to lock in
Set an annual maximum drawdown line (my red line is -20%)
Remember, 1,000 USDT is not scary; what’s scary is repeating the wrong method 1,000 times. Establish a system, maintain patience, control risks—this is the core of long-term profitability. @今酒

I have been trading cryptocurrencies for 10 years, and the craziest time was in 2017.

At that time, I bet on a cryptocurrency called ADA, starting my investment at $0.03, and after 3 months it rose to $1.20, with my account’s floating profit approaching 40 times.

During that time, the first thing I did every morning was to check how many more zeros my account had, and I even started contemplating whether to buy a Porsche — but guess what? I didn’t sell.

Later, ADA fell back to $0.20, with 80% of the profit wiped out, and the Porsche turned into a second-hand BYD.

This experience made me fully understand: in the crypto world, those who can buy are the apprentices, and those who can sell are the masters.

The following set of take-profit and stop-loss methods is something I have gained through real money experience, particularly suitable for ordinary people who don’t want to monitor the market.

First, let’s talk about take-profit.

My current strategy is "staggered take-profit."

For example, when a coin rises from $1 to $2, I will sell 30% of my principal first, so regardless of subsequent rises or falls, I have recovered my costs.

When it rises to $3, I will sell another 30%, and set a moving take-profit for the remaining 40% — when the price retraces 15% from its peak, it will automatically liquidate.

This method allows you to fully capture the main uptrend without wasting effort.

Now, let’s talk about stop-loss.

My iron rule is: a single loss must not exceed 5% of the principal.

For example, if I invest $10,000, I must stop-loss when the floating loss reaches $500.

In terms of specific operations, I prefer to use "conditional orders" to set up orders in advance: after buying, I immediately set a -10% stop-loss order, just like buckling a seatbelt for trading.

Don’t worry about missing out; there are always opportunities in the crypto world, but once the principal is gone, it’s really gone.

Recently, I discovered a counterintuitive trick: lowering the profit target.

Many people always want to sell at the highest point, but they often miss the best opportunity.

Now, as long as I can catch the body of the fish, I’m satisfied, leaving the tail for others — this actually allowed me to achieve a stable profit of 35% this year.

Finally, let me say something from the heart: over the past ten years, I have seen too many stories of overnight wealth, but more people exhaust their principal in the repeated rollercoaster rides.

The ones who can truly take profits are always those who execute discipline like robots.

I remember once I stopped-loss and the coin price doubled again; my friends laughed at me for being cowardly, but I have no regrets — because three months later, that coin went to zero.

Being alive in the crypto world is much more important than making quick money.

Before, I was stumbling around in the dark alone, now the light is in my hands.

The light is always on, will you follow? @今酒

After ten years of trading cryptocurrencies, I started with 300,000 and used the most straightforward methods to grow to several million.

This may sound like a fairy tale, but it is indeed my real experience gained over 2880 days in the crypto world.

In 2015, I entered the crypto market with the 300,000 I had saved from work.

In the first two years, like most people, I chased after trends and bought high and sold low, with my account dropping to as low as 60,000.

It wasn't until I began to understand that the market always rewards those who are patient, rather than the clever ones.

My turning point came from changing my strategy. I stopped chasing every hot trend and focused instead on "narrowing down sectors and only riding the main upward trends."

When the AI concept exploded, I spent two months deeply researching the ecosystem and ultimately caught the leading cryptocurrencies, achieving a 400-fold return in four months. This wave truly allowed me to achieve a financial breakthrough.

Ten years of experience have led me to summarize three iron rules:

First, a bull market is not about picking up gold coins everywhere.

Greed leads to loss; I would study a sector in advance, catch the true leaders, and withdraw after riding the main upward trend.

Second, I resolutely buy new coins and do not buy old ones.

New coins have new narratives, while old coins mostly remain as sentimental traps.

Third, respect the four-year cycle.

When everyone around you starts discussing the crypto market, it is a signal to clear out altcoins.

I withdrew fully from the peaks in 2018 and 2022, avoiding 90% of the retracement.

Many believe that success in the crypto market relies on luck or insider information, but my experience is quite the opposite— the most effective strategies are often the "dumbest": not chasing trends, not making frequent trades, and only acting at highly certain opportunities.

Just like farming needs to follow the seasonal calendar, trading cryptocurrencies also needs to adhere to cycles. Over the past 10 years, I have used this method to buy two houses in Zhongshan, providing my family with a stable life.

The crypto world is not short of stories about overnight wealth; what is lacking are those who have survived three cycles.

If you are looking for direction, you might try this "dumb method": slow down, do your homework, and seize the two or three most certain opportunities in each cycle.

Remember, in this market, living longer is more important than earning faster.

In the past, I was stumbling around in the dark alone; now the light is in my hands.

The light is always on; will you follow? @今酒