In my early years of trading cryptocurrencies, I was no different from most beginners—staying up late watching charts, chasing pumps and dumps, and losing sleep over losses. But eventually, I pushed through with a simple strategy. Surprisingly, that’s what helped me survive and gradually become consistently profitable
Looking back, this simple rule proved to be powerful:
“If I don’t see a familiar setup, I don’t trade. Period.”
It’s better to miss an opportunity than to enter blindly.
By sticking to this principle, I now maintain an annual return of over 50%, no longer relying on luck to survive.
So, if you're new to trading, here’s some real, hard-earned advice based on painful lessons:
1. Only trade after 9 PM.
Daytime markets are too noisy—full of fake news and unpredictable moves. It’s easy to get baited into bad trades.
I wait until after 9 PM when things have settled down. By then, news has digested, and price movements become clearer.
2. Take profits immediately when you're up.
Don’t get greedy. If you make $1000 in a day, withdraw $300 right away and keep trading with the rest.
I’ve seen too many people try to go from 3x to 5x, only to lose everything on the next dip.
3. Trust indicators, not your gut.
Emotional trading is just gambling.
Use TradingView and check these indicators before entering:
MACD: Golden cross or death cross?
RSI: Overbought or oversold?
Bollinger Bands: Squeeze or breakout?
Enter only when at least two indicators align.
4. Be smart with stop-losses.
If you're monitoring the market, raise your stop-loss as your position gains.
For example, bought at $1000, it goes to $1100—raise stop-loss to $1050.
If you're stepping away, always set a hard stop-loss at 3% to protect yourself from sudden drops.
5. Withdraw profits every week.
Unwithdrawn profits are just numbers.
Every Friday, without fail, I move 30% of my profits to my bank.
$BTC
