Having been in the crypto world for 8 years and growing my account to 6 million, it sounds impressive, but honestly, it's not due to some high IQ. It's because I've stepped on too many mines and paid my tuition harshly. Those seemingly simple trading rules are actually built on real money.
People often ask me: How do you choose coins? How do you make trades?
To be honest, the method itself isn't complicated. The hard part is whether you can stick to this logic consistently.
When I first started, I made the same mistakes as all retail investors—getting itchy at the slightest market movement and wanting to trade, resulting in frequent operations that either gave back profits or led to liquidation. Looking back now, most of those losses were self-inflicted.
Here are a few practical experiences I've summarized through my bumpy journey:
**Tip 1: Ask if the coin has ever risen before**
I never touch coins that have been stagnant for a long time. If a coin is on the gainers list, it indicates there is capital inflow and popularity, which could present opportunities.
I mainly look at the monthly MACD. When a golden cross appears, I consider entering. Before the golden cross, holding cash isn't a loss. Don't be fooled by short-term K-line charts; the real profit opportunities often come from riding the trend.
**Tip 2: Rely on moving averages for entries and exits**
I generally don't do short-term trading or watch the market all day. The core is one number—60 to 70-day moving average.
Wait until the price retraces near the 70-day line and trading volume starts to increase. Only then consider adding to your position. As long as the trend is alive, hold on; once it effectively breaks below, exit immediately.
**Tip 3: Take profits in batches**
After a rise, don't rush to sell everything or expect to sell at the top. When gains reach about 30%, take off half the position; if it rises to 50%, continue reducing. It's okay not to sell at the highest point; the key is to steadily lock in profits.
**Tip 4: Breaking below the 70-day line is a death sentence**
No matter how long you've held the coin, once it breaks down, you must get out. This discipline has saved me many times, but many people also lose everything because they can't let go, ending up in irreversible losses.
**Final insight**
In the crypto world, the more complicated the strategy, the easier it is to fall into traps. Conversely, the simpler the rules, the easier it is to stick with them long-term. Don't always think about turning things around in one shot. Those who truly make money here are disciplined, patient, and willing to admit mistakes. The market never favors emotional trading, but it will severely punish rule-breakers. The path is actually very clear—it's just a matter of following it.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
6
Repost
Share
Comment
0/400
0xInsomnia
· 6h ago
6 million sounds impressive, but it's just about not pushing your luck
That's right, I've also been saved multiple times by the 70-day moving average
Moving averages are old-fashioned but really effective, the key is to stick with them
Break the level and run, it's not that complicated, it all depends on who can hold back
Frequent trading really made me sick for a while, now I just honestly watch the monthly chart
I've heard many big influencers talk about complex strategies, but in the end, discipline is the most valuable
I used to struggle with taking profits in stages, always wanting to sell at the top haha
The most dangerous time is when you're itching to trade, staying out of the market is also an option
View OriginalReply0
ProposalDetective
· 6h ago
Breaking the 70-day moving average, I just run. This line has saved me several times.
---
Honestly, discipline is more valuable than IQ. I’ve survived this long because of it.
---
6 million sounds impressive, but it’s really just about not doing stupid things.
---
Gradual profit-taking is truly the best. Don’t fantasize about selling at the top—that’s just wishful thinking.
---
Choosing coins based on moving averages sounds simple, but sticking to it is not easy. I’ve seen too many people give up.
---
Frequent trading is truly suicidal. 99% of retail investors’ losses come from this.
---
Don’t hold any position if the golden cross hasn’t appeared. That takes incredible discipline.
---
If the price drops below the death line, you must sell. If you’re reluctant, you’ll lose everything.
---
Take half profit when it rises 30%. It sounds simple, but who doesn’t want to gamble for 50%?
---
8 years, 6 million, not relying on IQ but on not doing stupid things. I believe in that.
View OriginalReply0
GateUser-40edb63b
· 6h ago
It sounds like a vivid and bloody lesson, 6 million is truly accumulated in real money.
Discipline > technology, this statement is spot on. I'm the kind of fool who always tries to precisely sell at the top.
The 70-day moving average is really a life-and-death line. Once broken, just run; there's no need to hesitate.
I've also gone through the period of frequent operations and lost terribly. Now I just hold the moving average and relax.
Don't listen to complicated strategies; these four tricks are actually enough. The key is whether you can withstand the boredom.
View OriginalReply0
GateUser-c802f0e8
· 6h ago
Just listen and get it over with; there are very few who dare to speak so plainly about truly making money.
Discipline is easy to talk about; when it comes to losses, how many can really endure?
How did the 6 million come about? How much of the fee was eaten up?
If the 70-day moving average breaks, just run; this strategy doesn't work in a volatile market at all.
The hardest part is mindset; no matter how good the method is, without the right mindset, it's all useless.
I have a lot of experience with frequent trading; itchy hands can really lead to bankruptcy.
You're right, but most people still can't control themselves.
It seems this logic is just going with the trend; the difficulty lies in execution.
View OriginalReply0
AirdropHermit
· 6h ago
6 million sounds impressive, but honestly, it just means you've been thoroughly taught a lesson.
That's right, the key is still about maintaining discipline.
Breaking the 70-day moving average and then selling—I'm all for that.
Frequent trading really is a common problem among retail investors.
I also use the method of partial profit-taking; it feels much more reliable.
It sounds simple, but actually doing it is much harder than it seems.
Emotional trading = giving away money; losing is expected.
Simple methods are actually the easiest to stick with, that’s a brilliant saying.
Wait, is this a real account or a virtual one? How did you get 6 million?
Honestly, most people just can't hold on; they panic when the market drops.
Moving averages are a good strategy, but the prerequisite is having enough psychological resilience.
View OriginalReply0
TokenVelocityTrauma
· 6h ago
6 million sounds impressive, but it's actually just paid as tuition fees.
Had I known that discipline is more important than anything else, I could have avoided self-sabotage.
The 70-day moving average strategy has indeed saved lives, but only a few can truly hold onto it.
Everyone is right, but execution is too difficult. I still can't shake my itchy fingers.
Taking profits in batches is a brilliant move, much more reliable than my previous dream of selling at the highest point.
Honestly, discipline sounds simple in theory, but in practice, it's really a torment.
Having been in the crypto world for 8 years and growing my account to 6 million, it sounds impressive, but honestly, it's not due to some high IQ. It's because I've stepped on too many mines and paid my tuition harshly. Those seemingly simple trading rules are actually built on real money.
People often ask me: How do you choose coins? How do you make trades?
To be honest, the method itself isn't complicated. The hard part is whether you can stick to this logic consistently.
When I first started, I made the same mistakes as all retail investors—getting itchy at the slightest market movement and wanting to trade, resulting in frequent operations that either gave back profits or led to liquidation. Looking back now, most of those losses were self-inflicted.
Here are a few practical experiences I've summarized through my bumpy journey:
**Tip 1: Ask if the coin has ever risen before**
I never touch coins that have been stagnant for a long time. If a coin is on the gainers list, it indicates there is capital inflow and popularity, which could present opportunities.
I mainly look at the monthly MACD. When a golden cross appears, I consider entering. Before the golden cross, holding cash isn't a loss. Don't be fooled by short-term K-line charts; the real profit opportunities often come from riding the trend.
**Tip 2: Rely on moving averages for entries and exits**
I generally don't do short-term trading or watch the market all day. The core is one number—60 to 70-day moving average.
Wait until the price retraces near the 70-day line and trading volume starts to increase. Only then consider adding to your position. As long as the trend is alive, hold on; once it effectively breaks below, exit immediately.
**Tip 3: Take profits in batches**
After a rise, don't rush to sell everything or expect to sell at the top. When gains reach about 30%, take off half the position; if it rises to 50%, continue reducing. It's okay not to sell at the highest point; the key is to steadily lock in profits.
**Tip 4: Breaking below the 70-day line is a death sentence**
No matter how long you've held the coin, once it breaks down, you must get out. This discipline has saved me many times, but many people also lose everything because they can't let go, ending up in irreversible losses.
**Final insight**
In the crypto world, the more complicated the strategy, the easier it is to fall into traps. Conversely, the simpler the rules, the easier it is to stick with them long-term. Don't always think about turning things around in one shot. Those who truly make money here are disciplined, patient, and willing to admit mistakes. The market never favors emotional trading, but it will severely punish rule-breakers. The path is actually very clear—it's just a matter of following it.