The Dumbest Way to Make Money in Crypto: The Smarter You Are, the Faster You Die!
This is a painful lesson learned with my hard-earned money.
Five years ago, I was also a 'technical analyst' who stayed up late watching the market, studying candlesticks, MACD, RSI... What was the result? My account went through roller coasters, facing liquidation several times, making no progress.
Until an old veteran woke me up: When trading cryptocurrencies, the simpler, the better. He taught me a 'dumb' method - the 343 incremental buying strategy. At the time, I scoffed: 'Isn't that too silly?' Now, I’m sharing it with you:
The 'Dumb Method' that Market Makers Hate: 343 Incremental Buying Strategy
Core: No guessing price movements, just mechanical execution.
1. 30% Initial Position (Testing): Select mainstream coins (like BTC, ETH), and first use 30% of total funds to buy. Key point: Never go all in!
2. 40% Averaging Down (Reducing Cost):
If it goes up: Don't chase the price! Patiently wait for a pullback before adding 40%.
If it goes down: For every 10% drop, add 10% of funds until 40% is fully invested. Logic: The deeper it falls, the lower the cost, the greater the rebound profit.
3. 30% Final Position (Adding to the Trend): When the coin price rebounds and firmly holds a key support level (like the 7-day moving average), decisively invest the remaining 30%.
Finally: Set a trailing stop-loss to let profits run!
Why is this 'dumb' method effective?
No predictions, just following: Give up subjective judgment and let the market lead.
Incremental betting, risk diversification: Avoid being stuck in a single heavy position.
A downturn is an opportunity: Buy more as it drops, lower the cost, and the rebound will be stronger.
