He has wandered on the rooftops of bull markets and struggled at the bottoms of bear markets, ultimately relying on one sentence to turn around and become a millionaire —
"The crypto world is a crowd of rabble, if you can't control your emotions, you'll always be 'money' in the ATM!"
1. Why do 90% of people fail to make money in the crypto world?
Common problems of retail investors:
Imagining doubling after a 5% rise, panicking and cutting losses after a 3% drop (emotions influenced by K-lines);
Buying by following others’ trades, going all in when hearing rumors of "insider" news (treating speculation as gambling);
Reluctant to sell when in profit, holding on stubbornly when in loss (the greed-fear perpetual motion machine).
Predecessor's critique: "The crypto world is not an ATM, it’s a mirror of human nature. If you let emotions lead you, the dealer will lead you by the nose and cut you off."
2. Practical mnemonics from 20 years of trading: every word has blood, every sentence stabs the heart
(It’s recommended to take a screenshot and save it; don’t look when making money, but definitely look when losing money!)
❶ Entry Section: First afford to lose, then talk about winning
"Testing the waters in the crypto world, prepare to proceed; enter steadily, refuse to act recklessly"
Plain language: Play with money you can afford to lose, don’t gamble with your house money! Spend 3 months studying the rules, then spend another 3 months simulating operations, and finally try the waters with 10% of your capital.
❷ Sideways Section: When the direction is unclear, don't be greedy
"Low position sideways to create new lows, heavy positions to catch the bottom at the right time; high position sideways and surging, decisively sell without hesitation"
Practical scenario:
When the price is sideways at $0.5 for half a month and suddenly drops below $0.45 — don’t panic, it might be a "golden pit," build positions in batches;
The price rises from $1 to $3 and then goes sideways, suddenly surging to $3.5 one day — run! It’s likely a trap by the major players.
❸ Volatility Section: When others panic, I’m greedy; when others are greedy, I run away
"Sell on high, enter quickly on a drop; observe sideways, reduce trading"
Counterintuitive operation:
When the price surges, ask yourself: "Has this wave of good news been realized? Are the major players unloading?"
When the price crashes, ask yourself: "Has the project's fundamentals collapsed? Is the decline a systemic risk or an individual behavior?"
❹ Risk Section: Staying alive is more important than making money
"Full investment is a big taboo, stubbornness is not feasible; face the impermanence with restraint, seize the opportunity to enter and exit"
Ironclad warning:
✖ Never go all in! Leave 30% of your funds to cope with crashes (for example, when the price halves, you still have money to average down);
✖ Don’t go against the trend! If it breaks key support levels (like the 200-day moving average), first cut losses and exit, wait for the trend to reverse before returning.
3. Five "counterintuitive" trading strategies that are harsher than mnemonics
(Attached practical case, even novices can understand)
❶ Oscillation trading method: Earn "money within the box"
Tools: BOLL indicator + box theory
Case: When the price fluctuates between $0.8 and $1.2,
Sell at $1.15 (upper resistance level), buy at $0.85 (lower support level), earn 20%+ per wave;
At a breakout (dropping below $0.8 or breaking above $1.2) immediately cut losses; if the trend changes, don’t stubbornly hold on.
❷ Trend reversal breakthrough trading method: Capture the "moment of directional choice"
Signal: Sideways for over 1 month + trading volume suddenly triples
Operation:
Break upwards (like breaking the $1.2 resistance level), decisively chase the rise, target $1.5;
Break below (like breaking the $0.8 support level), reverse to short, target $0.5.
❸ Unilateral trend trading method: Follow the "trend," don’t go against it to find gains
Judgment: Moving averages in bullish arrangement (daily EMA7 > EMA30 > EMA120)
Practical:
Uptrend: Buy when it retraces to EMA30 (like $1), cut losses if it breaks EMA120 (like $0.8);
Downtrend: Sell when it rebounds to EMA30 (like $1.2), cut losses if it breaks above EMA120 (like $1.5).
❹ Resistance and support trading method: stubbornly fight for the "key price levels"
Tools: Fibonacci retracement + previous highs and lows
Case:
The price has encountered resistance and retreated multiple times at $1.2, this is a strong resistance level, sell when it rises to $1.15;
The price drops to $0.8 and quickly rebounds, this is a strong support level, buy when it drops to $0.85.
❺ Time period trading method: Choose a battlefield that suits you
Type Time Period Characteristics Suitable Crowd Conservative Morning 9:00-11:00 Small fluctuations, clear trend Office workers, risk-averse Aggressive Evening 20:00-24:00 Large fluctuations, many opportunities/traps Short-term experts, night owls
4. Final advice from predecessors: Earn money within your understanding, don’t rely on luck
"I went from 100,000 to 42 million, relying not on luck, but on 'counterintuitive' —
When others chase the price up, I take profit in batches; when others sell off, I build positions in batches;
When others see the K-line and their heart races, I see the K-line like an electrocardiogram —
"Panic is the epitaph of retail investors, rationality is the ticket to entry for the scythe."
Today's interaction: What is the biggest mistake you’ve made in the crypto world due to emotions?
(Leave a comment in the comment area, draw 3 people to send the (Crypto Survival Manual) electronic version, including 20 practical techniques to prevent losses)
Want to double your account, want to enjoy big profits, want to successfully break even
Stay close during rainy days, position in advance for the main wave of the bull market!
Continuously follow: SOPH RPL SYRUP