Having traded coins for over 10 years, I went from exploding my account and incurring a debt of 2 million in the first three years to achieving financial freedom now, supporting my family through trading coins. In 2024, my funds multiplied by 50 times; if it weren’t for withdrawing funds twice to buy a house, it should have been 85 times. As a post-90s individual, I started my career in Shanghai after graduating in 2008 and officially entered the crypto space in early 2016. Now, in Guangzhou, I own two properties and two vehicles, with a monthly expenditure of 100,000 being easy for me, while most of my assets are safely resting in exchanges, steadily growing.
The real path from 5000 to 10 million: I turned my debt around using these three tricks, and the last one most people can't do. When I first entered the crypto space, I only had 3000 for living expenses, and now my account has over 20 million.
It's not about luck; it's about grinding out a set of 'violent rolling methods'.
Phase one: Wild growth of 300U (Key: Avoid greed). Newcomers often make the mistake of thinking 'I can turn 5000 RMB directly into 1 million', and end up losing everything in three days.
My starting strategy is extremely counterintuitive: 100U sniping method: Only chase the top 10 coins by 24-hour trading volume (like PEPE, WIF, and other hot coins), but strictly adhere to two iron rules: Withdraw the principal immediately once profits exceed 80% (turning 100U into 180U, withdraw 80U immediately), and cut losses directly at a 30% loss (if 100U declines to 70U, stop-loss immediately).
Three consecutive victories rule: After three consecutive wins, you must stop (100→180→324→583U). At this point, your account will have around 500-600U, immediately transfer to a wallet for cold storage for 24 hours—this is to prevent 'sage time' where you get carried away.
Phase two: Three-dimensional harvesting after 1000U (Most people get stuck here). Once funds exceed 1000U, you must operate with divided positions:
1. Blitz operations only at 4 PM / 8 PM Beijing time (when European and American institutions enter the market). Focus on the 'spike market' of BTC/ETH: place buy orders at support levels (for example, when BTC falls to a key moving average), sell after a 2% rebound; only do one trade per day.
2. Ambush positions (30% of funds). Track announcements of Coinbase listings and layout in advance to play new coins IEO with 5x leverage, selling within 30 minutes of the opening.
3. Nuclear weapon (50% of funds): Only act 2-3 times a year, but each time aiming for 300%+ profits, needing to combine the 'Federal Reserve's interest rate calendar + big whale movements' on-chain (for instance, monitoring Coinbase's BTC withdrawal address before the June 12 Federal Reserve meeting).
Last year during the bull market, I saw countless people earn seven figures only to lose it all back. The core failures stemmed from three points:
1. The ritual of stop-loss: After each stop-loss, handwrite the error reasons and stick them on the wall.
2. Withdrawal freeze technique: As soon as profits reach 50%, immediately convert 25% into USDT and transfer to a cold wallet. #Trading coins #Crypto space. 3. Time lock: Use an Android backup device to operate; lock the machine forcibly from 14:00 to 16:00 every day. If your account is currently below 10,000 USDT, immediately execute phase one; if you are in the range of 1-100,000 USDT but cannot break through, what you need is not a new strategy but a guide like me. Once you enter the crypto space, it’s a deep sea; from then on, health becomes a passerby.
Today, the teacher invites you to test which illness you have contracted after being in the crypto space for so long.
1. 24/7 online. If you have a friend who trades coins, he may not reply immediately when you message him on WeChat because he is watching the market; if you call him, he may not answer right away either because he is watching the market. If you invite him to dinner, he may be glued to his phone, chatting with you while still focused on the market. Please don't criticize him; as the market fluctuates, his emotions may also fluctuate significantly.
Treatment method: Take advantage of his good mood, quickly invite him to dinner; he might just be the next millionaire.
2. Bold and meticulous. This can also be said to be a spirit of adventure. Columbus discovered the New World back in the day, and now crypto traders are entering wealth freedom ahead of time. The two share a commonality. The more people sing the blockchain's demise, the more they invest all their wealth into the crypto space. What was that saying again? 'Fortune favors the bold.' Why can't we be cute traders?
Treatment method: Before they have made money, give them financial support; once they achieve wealth freedom, you will gain a good friend who says 'buy buy buy' for you.
3. Clear-headedness. If boldness is a choice, then choice is a talent. Looking at the crypto world, what kind of people are trading coins? Losers? Gamblers? Failures? NO! NO! NO! There are highly educated individuals, financial elites, white-collar workers! There are even middle-aged women trading coins. Here, there is no distinction based on education or status; only the ideals of the brave exist.
Treatment method: This is a talent; it cannot be cured. You can either join them or worship them.
4. Good temper. After interacting with people in the crypto space, you'll find that they often appear arrogant online, as if they are very cool and difficult to deal with. However, once you get to know them, you will find they are both friendly and charming. If they have time, they will answer any questions you have as a newbie. Even though they are very experienced, they still give certain support to newcomers entering the space. "Confirmed by eye contact, we are fellow crypto traders."
Treatment method: Already in the late stage, incurable.
5. Can withstand pressure. Those who want to enter the crypto world but are afraid will spend a lot of time studying the market, yet think too little about how to overcome their psychological weaknesses. However, those who have entered the market are different. Some take the plunge, some are skilled, and some burn the boats. Once someone steps into the crypto world, they will realize that nothing else in life makes them grow as much as trading coins; everything else is just floating clouds.
Treatment method: How to relieve stress? Only by breaking free!
6. Slightly aloof. Yes, you read that right; this does not contradict the previously mentioned good temper. When dealing with peers, they are as warm as spring. When facing those who do not understand them, they just smile and move on. A prominent figure in the crypto space often faces attacks from various internet users. He self-deprecatingly states, 'I intended my heart to shine on the moon, but unfortunately, the moon shines on the ditch.' Why bother arguing with those who are not worth it?
Treatment method: Terminal illness!
Common opportunities for exceeding expectations:
1: Large coins hitting bottom in bear markets and sudden drops due to black swan events.
2: Stage by stage layout of new narrative tracks, doing trend rolling, such as the early market using rolling to consume LSD, SSV, LDO tracks to eat new public chains like APT, ARB, etc., gradually accumulating principal through trading.
3. Sudden new opportunities: Quickly get on board early, the BRC20 track, these suddenly emerging new things require sensitivity; when you see the right opportunity, buy in enough! Then wait for consensus to form!
4: Opportunities for arbitrage based on execution strength and accounts, such as the previous SUI new listing, where one account can gain nearly 100,000 in profit; having multiple accounts is even better. Besides opportunities for exceeding expectations, we can also find growth projects where the fundamentals have not changed, but market predictions have changed significantly, laying out in advance and patiently waiting.
Common fundamental changes:
1: Important team members have left. The founder of Ethereum, Vitalik Buterin, is like the face of a company; if he leaves the team, it is equivalent to losing a talent, which certainly indicates a fundamental change.
2: Code vulnerabilities lead to hacker attacks.
3: Exchanges have experienced a large number of losses, thefts, like NEO, with a lot stolen from an exchange in Japan. This also indicates a fundamental change.
4: Losing important partners. For example, there was a project that claimed to be partnering with Microsoft, but it turned out to be fake news; this is also a fundamental change. Speaking of fundamental changes, it serves as a reminder that if the projects you invest in undergo fundamental changes, you should decisively sell.
What I'm saying here is that when the fundamentals have not changed, but the market's future predictions have changed significantly, we should layout in advance.
Finally, I would like to share a few common operating methods:
1. Retracement rebound method: After the market experiences a significant rise or fall, a brief retracement or rebound will occur. Seizing such opportunities is the easiest and simplest way to achieve stable profits. The main indicators used are candlestick patterns, requiring a very good market sense to accurately judge the stage's high and low points.
2. Time period method: Generally, the early morning and afternoon market fluctuations are small, making it easier to grasp, suitable for investors with a gentle temperament. The downside is that the time to profit from placing orders is extended, requiring sufficient patience. Evening and early morning market fluctuations are severe, allowing for quick profits and multiple trading opportunities. It is suitable for aggressive investors, but the market is difficult to grasp and easy to make mistakes, requiring higher technical skills and judgment.
3. Fluctuation method: The market is mostly in a fluctuation pattern. During market fluctuations, buying high and selling low within the range is the most basic method for stable profits. The indicators used are BOLL and box theory. The key to success is to accurately identify resistance and support based on various technical indicators and patterns. The principle for fluctuation trading is short-term buying and selling, without greed.
Entering the crypto world for the 10th year now. At the start, I lost a lot. During the middle, I had both gains and losses, and now I rely on the crypto world to support my family.
I have summarized some experiences to share with everyone, hoping to help you. As long as you do it, it's hard to lose money. Using reversals means that the price will end its original trajectory and begin a new market phase. After some special candlestick formations appear, the price often experiences a market reversal; these formations are called 'reversal candlestick formations.'
What are the common candlestick reversal patterns? Let's take a look. The doji is a candlestick chart with only upper and lower shadows, and no body; the opening price is equal to the closing price, indicating that during trading, the price has fluctuated above or below the opening price, but the closing price is the same as the opening price. The longer the upper shadow, the heavier the selling pressure; the longer the lower shadow, the stronger the buying. Usually, when a doji appears at a high or low price, it can be called a turning point line, indicating a reversal.
The morning star is a bottom reversal pattern signaling a price rise; its characteristic is having a long bearish candlestick before it, followed by a star line that gaps down, and then a long bullish candlestick that clearly pushes up into the body of the first bearish candlestick.
The evening star is a bearish pattern at the top, consisting of three candlesticks; in the first two candlesticks, the first is a long white body, and the second is a star line; the appearance of the star line is the first sign of a top pattern. The third candlestick confirms the occurrence of the top process, completing the three-line evening star pattern; the third candlestick has a black body that sharply dives into the interior of the first day's white body.
The hammer line is a candlestick with a long lower shadow and a small body, appearing at the top or bottom often indicates a reversal. More precisely, it signals the end of the previous trend.
The hanging man indicates a hammer candlestick at the top, suggesting a downward trend ahead. The confirmation method is a low opening the next day, or continuing to see hanging man candlesticks, or closing lower.
The inverted hammer appears during a downtrend, with a candlestick (either bullish or bearish) having a very small body, and an upper shadow at least twice the size of the body, usually with no lower shadow; a few may have a slight lower shadow, indicating a bottom signal, suggesting a bullish outlook.
Shooting star can be either a bearish or bullish candlestick, but the body is relatively small with a long upper shadow, primarily appearing at the top of a particular stock, serving as a very clear signal of a peak.
The cloud cover pattern consists of two candlesticks typically appearing after an upward trend; in some cases, they may also appear at the top of a horizontal adjustment range; it often occurs at the top of an upward trend, composed of one bearish and one bullish candlestick, serving as a bearish reversal signal.
The piercing line consists of two candlesticks, with the first day being a bearish candlestick and the second a bullish candlestick, whose body pierces through the body of the first day.
The engulfing pattern consists of two candlesticks; the first candlestick has a smaller body, and the second has a larger body, with both the opening price and closing price of the second candlestick exceeding those of the first.
The pregnant line is known as the doji pregnancy pattern, where the small body of the second day resembles a doji, not classified as a major reversal pattern, but the reversal significance of the doji pregnancy pattern is much stronger.
The rising three methods typically appear in an upward price trend, consisting of five candlesticks; the first is a long bullish candlestick, the second to fourth are three smaller bearish candlesticks, all within the body of the first bullish candlestick, and the last is a long bullish candlestick closing above the first bullish candlestick's closing price.
The descending three methods is a bearish continuation pattern during a decline; it first shows a large bearish candlestick, followed by three small bullish candlesticks, but the bodies of the three small bullish candlesticks do not exceed the highest and lowest prices of the first large bearish candlestick. On the fifth day, another large bearish candlestick appears, and its closing price is lower than the closing price of the first day’s large bearish candlestick.
These are some common candlestick reversal patterns. Mastering and understanding reversal candlestick technical formations is very helpful for analysis.
The journey to obtaining the scriptures is fraught with 81 difficulties. Ultimately, we must experience many pitfalls to earn the true gold we desire in the crypto world! If you want to trade coins for a lifetime but do not understand the technology and cannot find suitable trading methods, why not try this 'fool-proof' operation? It is simple and practical; even if you are a newbie, you can easily operate it with over 80% accuracy, and trading in the crypto world can follow this method!
Recommended to bookmark. Is it hard to make money trading coins? If you haven't found a method, it is indeed very difficult, but if you have the right method, you'll find that making money is so easy.
Today, I want to share with you a very simple method, which even if you are a novice in the crypto world, you can easily make money by strictly following this method. First, we need to set three moving averages on the candlestick chart: the 5-day moving average, the 15-day moving average, and the 30-day moving average, with the 30-day moving average being the lifeline, a strong support or resistance level. Then you can use these three moving averages to trade the coins.
The chosen coins must be in an uptrend; those in a consolidation phase are also acceptable, but those in a downtrend or with moving averages all pointing down cannot be chosen.
Divide the funds into three equal parts. When the coin price breaks above the 5-day moving average, lightly buy 30% of the position. When the coin price breaks above the 15-day moving average, buy another 30%. Similarly, buy the last 30% when it breaks above the 30-day moving average. This requirement must be strictly adhered to.
If the coin price does not continue to rise after breaking above the 5-day moving average but pulls back, as long as it does not break the 5-day line, maintain the original position. If it breaks, then sell.
Similarly, if the coin price breaks above the 15-day moving average but does not continue to rise, pull back without breaking the 15-day moving average, continue to hold. If it breaks, then sell 30% first; if it does not break the 5-day moving average, continue to hold the 30% position at the 5-day moving average.
When the coin price continues to break above the 30-day moving average and then pulls back, sell all at once as per the previous method.
Selling is the opposite; when the coin price is at a high, if it breaks below the 5-day line, sell 30% first. If it does not continue to drop, hold the remaining 60%. If all the 5-day, 15-day, and 30-day lines are broken, sell everything; do not hold onto false hopes.
Recently, the crypto market has been in turmoil, and there is continuous attention on the trends and market of virtual currencies. After all, I also dream of getting rich through trading coins, but now I'm poorer than ever. Honestly, although I comfort myself by saying I will adopt a Zen-like approach to trading coins, it’s a lie if I say I won't feel anxious when faced with sudden market drops. Today, I happened to see someone share trading tips in the group. After carefully reading them, I felt they were quite reasonable, so I take this opportunity to share with everyone.
1. Two-way trading: Suitable for bull markets and bear markets. Two-way trading is currently the most common trading method of Giant Stone Wealth GGtrade, allowing operations based on market trends, enabling both long and short positions. As we approach the end of the year, the Giant Stone Wealth GGtrade platform has launched a series of benefits, such as a 20% increase in investment returns, making it a great blessing for investors.
2. Coin hoarding method: Suitable for bull and bear markets. The coin hoarding method is the simplest yet most challenging strategy. It’s simple because it just involves buying a certain coin or a few coins and holding them for six months or more without any trades. Generally, the minimum return is tenfold. However, newcomers easily get tempted by high returns or panic when a coin’s price plummets and plan to switch or exit. Many find it hard to stick to not trading for even a month, let alone a year. So, this is indeed quite challenging.
3. Bull market chasing the dip method: Only suitable for bull markets. Use a portion of idle funds, preferably no more than one-fifth of your total funds. This strategy is suitable for coins with a market value between 20-100, as you won't be stuck for too long. For example, if you buy the first altcoin and it rises by 50% or more, you can then swap it for the next coin that has plummeted, and repeat the cycle. If your first altcoin becomes a loss, just wait; bull markets will definitely allow you to break even. The premise is that the coin type cannot be too risky; this method is not easy to control, and newcomers need to be cautious.
4. Hourglass car swapping method: Suitable for bull markets. In a bull market, basically any coin you buy will rise. The funds act like a giant hourglass, slowly seeping into every coin, starting from large coins. There is a clear pattern for coin price rises, with the leading coins rising first, such as BTC, ETH, DASH, ETC, followed by mainstream coins like LTC, XMR, EOS, NEO, QTUM, etc. Then comes a general rise in coins that have not yet increased, such as RDN, XRP, ZEC, etc., followed by various small coins taking turns rising. However, if Bitcoin rises, you should choose the next level of coins that have not yet increased and start building positions.
5. Pyramid bottom-buying method: Suitable for predicted major crashes. Bottom-buying method: Place orders to buy 10% of your total position at 80% of the coin price, 20% at 70%, 30% at 60%, and 40% at 50% of the coin price.
6. Moving average method: You need to understand the basics of candlesticks. Set indicator parameters to MA5, MA10, MA20, MA30, MA60, and select the daily chart. If the current price is above MA5 and MA10, hold steady. If MA5 drops below MA10, sell the coin; if MA5 rises above MA10, buy to build positions.
7. Violent coin hoarding method: Only suitable for long-term quality coins. If you have a liquid fund, and a certain coin's current price is $8, then place an order to buy at $7. Once the purchase is successfully executed, place an order to sell at $8.8. This is how to hoard coins. Withdraw the liquid funds and wait for the next opportunity, dynamically adjusting based on the current price. If there are three such opportunities in a month, you can hoard quite a few coins. The formula is that the buying price equals the current price multiplied by 90%, and the selling price equals the current price multiplied by 110%.
8. ICO violent compound interest method: Continuously participate in ICOs, and when the new coin rises by 3-5 times, withdraw the principal and invest in the next ICO, letting the profits remain and cycle continuously.
9. Cyclical wave method: Find coins like ETC that are in a downward price trend and keep adding positions; continue adding as the price drops, then when profits arise, sell and repeat the cycle.
10. Small coin violent play: If you have 10,000 RMB, divide it into ten parts, buying ten different types of small coins, preferably priced under 3 RMB each. After buying, do not worry. Do not sell until it triples to five times; if it’s stuck, do not sell, just hold it as a long-term investment. If a certain coin triples, withdraw the principal of 1,000 RMB, and invest in the next small coin. The compound interest returns can be quite exaggerated!
Playing in the crypto space is essentially a contest between retail investors and large players. If you don’t have front-line information or first-hand data, you can only be cut! Those who want to layout together and harvest the big players can follow me!
Welcome like-minded crypto enthusiasts to discuss together~ I strongly agree with a saying: The boundary of knowledge determines the boundary of wealth; a person can only earn the wealth within the boundary of their knowledge.
The mindset for trading coins must be good; do not let your blood pressure rise during a big drop, and do not get carried away during a big rise; securing profits is crucial. For those with limited resources, a down-to-earth approach is the most reliable way to survive.
Giving roses to others, the fragrance lingers on the hand. Thank you for your likes, follows, and shares! Wishing everyone financial freedom in 2025!