Having navigated the cryptocurrency market for many years, I increasingly understand one fundamental truth—the underlying logic of making money is actually very simple, and complex techniques often lead to losses.
Many people fall into a common misconception when entering the market: chasing highs and selling lows, frequent trading, betting on rebounds. The result is either liquidation or continuous losses. In fact, this is emotional hijacking. When market volatility is intense, people are most prone to making wrong decisions, especially those without a trading framework.
So what exactly should you do? There are a few core points:
**First, choose coins based on liquidity.** Don’t focus on coins that remain stagnant; activity level determines trading opportunities. Coins on the gainers list are worth paying attention to because they have market participation. Short-term K-line fluctuations are too frequent and can interfere with judgment; the golden cross on the monthly MACD is a more reliable signal. If there’s no signal, stay out of the market—this isn’t laziness, it’s respect for risk.
**Second, the 70-day moving average is a line of defense.** Check it daily; this line determines your holding strategy. When the coin price retraces to this level and trading volume increases, it’s the right time to enter. If there’s no signal, keep waiting—patience is more profitable than impulsiveness.
**Third, cut losses immediately when broken.** This is the most difficult discipline to follow. Many hold their positions for too long, reluctant to exit, always hoping for a rebound, and eventually turn profits into huge losses. Once the key support level is broken, exit immediately. Don’t talk about “I believe in this coin”—the market doesn’t believe stories, only K-line signals.
**Fourth, take profits in stages.** If it rises 30%, sell half; if it rises 50%, sell half again. Don’t try to double your profit in one go—that’s digging your own grave. Staged profit-taking helps lock in gains and reduces psychological stress.
What is the core of all these? **Discipline and emotional control.** The simpler the method, the easier it is to execute; the easier it is to execute, the easier it is to make money. The market rewards not the smart, but those with discipline. Those who ultimately make money in the crypto space all stick to their trading rules and are not led by market fluctuations.
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LightningHarvester
· 15h ago
That's right, it's all about discipline. I used to watch the market every day and would jump in at the slightest rebound, but now I've changed. Staying in cash and waiting for signals feels much more comfortable.
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StableGenius
· 18h ago
ngl the 70-day line thing is just copium for people who can't read orderbook flow... empirically speaking, discipline matters but you're missing where real edge actually lives
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TopBuyerBottomSeller
· 18h ago
That's very true, but honestly, most people can't do it. I often fail myself too, haha.
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SignatureCollector
· 18h ago
That's true, but most people just can't change this bad habit, including myself.
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MissedAirdropAgain
· 18h ago
There's nothing wrong with that, but the execution is difficult... I only know to follow the discipline, but when I see the K-line plunging, I still panic like crazy.
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DeFi_Dad_Jokes
· 18h ago
That's so true. I am the one who got emotionally hijacked and liquidated. Now I finally understand that simplicity and brutality are the way to go.
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BlockchainFries
· 18h ago
That's right, but you need discipline; otherwise, you'll eventually get caught up in chasing highs and selling lows.
Having navigated the cryptocurrency market for many years, I increasingly understand one fundamental truth—the underlying logic of making money is actually very simple, and complex techniques often lead to losses.
Many people fall into a common misconception when entering the market: chasing highs and selling lows, frequent trading, betting on rebounds. The result is either liquidation or continuous losses. In fact, this is emotional hijacking. When market volatility is intense, people are most prone to making wrong decisions, especially those without a trading framework.
So what exactly should you do? There are a few core points:
**First, choose coins based on liquidity.** Don’t focus on coins that remain stagnant; activity level determines trading opportunities. Coins on the gainers list are worth paying attention to because they have market participation. Short-term K-line fluctuations are too frequent and can interfere with judgment; the golden cross on the monthly MACD is a more reliable signal. If there’s no signal, stay out of the market—this isn’t laziness, it’s respect for risk.
**Second, the 70-day moving average is a line of defense.** Check it daily; this line determines your holding strategy. When the coin price retraces to this level and trading volume increases, it’s the right time to enter. If there’s no signal, keep waiting—patience is more profitable than impulsiveness.
**Third, cut losses immediately when broken.** This is the most difficult discipline to follow. Many hold their positions for too long, reluctant to exit, always hoping for a rebound, and eventually turn profits into huge losses. Once the key support level is broken, exit immediately. Don’t talk about “I believe in this coin”—the market doesn’t believe stories, only K-line signals.
**Fourth, take profits in stages.** If it rises 30%, sell half; if it rises 50%, sell half again. Don’t try to double your profit in one go—that’s digging your own grave. Staged profit-taking helps lock in gains and reduces psychological stress.
What is the core of all these? **Discipline and emotional control.** The simpler the method, the easier it is to execute; the easier it is to execute, the easier it is to make money. The market rewards not the smart, but those with discipline. Those who ultimately make money in the crypto space all stick to their trading rules and are not led by market fluctuations.