Ten years ago, I rushed into the crypto world with 30,000 yuan.
Back then, I was just like you—full of dreams of getting rich overnight.
In ten years, my assets will exceed ten million.
But along the way, watching countless people get liquidated, clear their bags, and exit the market, losing everything, I realized:
The truth of the crypto world is never about who earns quickly, but who dies slowly.
Today, I won’t give you motivational speeches, only hard facts—understanding these points can at least save you 5 years of tuition fees.
1. Want to make money? Don't die first!
✅ 1. Risk management is not a technique, it’s a talisman!
• The most common way newbies lose: going all in with leverage, chasing highs on altcoins, losing everything in 3 days
• My bottom line rule:
• Divide funds into 5 parts, only use 1 part each time
• If a single loss exceeds 10%, close the position immediately
• If monthly losses exceed 20%, turn off the computer immediately
• Don’t fantasize about “breaking even,” surviving is the first hurdle
✅ 2. In front of trends, don’t pretend to be a hero
• You can hold a wave of a bull market, not because you are smart, but because you know the situation
• Key signals:
• 30-day moving average + 120-day moving average rising simultaneously = bull market profit
• Diverging moving averages down = bear market killing
📌 Remember: The market is a big river, you should flow with the current, not paddle against it.
✅ 3. Less is more, the more precise the indicators, the more ruthless
I am currently only focusing on two signals:
• MACD golden cross + volume increase = buy signal
• Volume contraction rise = baiting, volume increase drop = true collapse
Trading cryptocurrencies is not about who uses more indicators, but who reacts quickly and acts decisively.
2. The three major pitfalls in the crypto world, 99% of newbies fall into
🚫 1. Long-term faith will ruin you without discussion
• Apart from BTC/ETH, holding other coins for three years = chronic liquidation
• I personally experienced: Holding onto a certain altcoin in 2018, going from 10 dollars to 0.1 dollars
• My current allocation:
• BTC/ETH as the position foundation
• Clear out altcoins when they reach target prices, never linger in battle
🚫 2. Leverage is a devil, not an ATM
• Yes, 10x leverage doubling is very satisfying
• But I have also seen real stories of losing 30 million in one day
💥 Suggestion:
• Newcomers should avoid leverage for two years
• Experienced traders can only use 5x leverage, keep positions within 30%, and no limit on stop loss = seeking death!
🚫 3. Hotspots ≠ opportunities, it's the graveyard for retail investors
• When AI coins, Meme coins, and DeFi surge, the big players are unloading in batches, while retail investors rush in to catch falling knives
• I only trade these two coins:
• Bottom consolidation for over 3 months
• Breakthrough with volume + on-chain anomaly data support
Missing opportunities is not scary, stepping on landmines is deadly.
2. Short-term vs Long-term, the key is the market phase
Bull market = eating waves
• Holding structure: BTC/ETH + leading sectors (like Layer2)
• If the moving average hasn’t broken, hold on tightly, don’t get scared away by pullbacks
Bear market = quick in and out
• Only take short-term opportunities, focus on 15min/1h charts
• Take profits of 3-5% per trade and withdraw, risk management is key
⚠️ Always keep 30% cash flow—this is your confidence to survive and the spark for your next turnaround.
Final advice:
The crypto world can indeed turn around, but it only rewards those who are patient and disciplined.
In the past 10 years, I have lost money, been liquidated, and almost exited the market.
Getting to today is not because I am particularly gifted, but because I always remember one saying:
Achieve excellence in simple tasks, and luck will naturally come.
If you are still losing money, it might be a good idea to stop trading and read this article a few times.
Trust me, the market does not reward those who are impatient.
The money in the crypto world is never "traded" out, it’s "endured" out. Follow @顶级交易员大东 , and tomorrow we’ll continue discussing how to use this simple method to make your principal grow like a snowball, getting bigger and bigger.
