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I have also walked that path—staring at charts all day, making frequent trades, until I finally realized: the people who truly make money in the crypto world are never those with advanced techniques, but those who can stick to the simplest rules consistently.
**Rule 1: Focus on the active coins**
Scan the top gainers daily; only pay attention to those with volatility. Enter the market when MACD shows a bullish crossover on the monthly chart; if there's no signal, wait patiently. Candlestick charts only reveal short-term fluctuations; the long-term trend is the real underlying logic for making money.
**Rule 2: The 60-day moving average is a dividing line**
When the price retraces to the 60-day moving average and trading volume increases simultaneously, that's the window to add positions. During the holding phase, stay decisively above the moving average; if it breaks below, exit immediately. Don't hold through the dip or hope for a rebound. This line helps filter out 80% of market noise, allowing you to participate only in high-probability trades.
**Rule 3: Take partial profits in segments, don’t try to eat the whole fish**
When profits reach 30%, sell half of your position; at 50%, sell the other half. Keep the remaining position with a trailing stop to let profits run, but never be greedy. Many people lose money because they want to "eat the whole fish," turning from profit-makers into losers.
**Rule 4: Break the 60-day line, no hesitation**
This is not a suggestion; it’s an ironclad rule. No matter how many positive news or signals, do not hesitate—if the line is broken, close all positions immediately. Stop-loss is essentially spending "life-saving money"; it’s not about giving up.
**Rule 5: Discipline always outweighs analysis**
The market loves to punish those who think they are clever, but it’s especially gentle with disciplined traders. Trade less, wait more. When emotions are high and you want to place an order, shutting down your trading app is more important than anything else.
These five rules have helped me go from repeated losses to stable profits. The crypto world never mistreats those who truly follow discipline, but it will severely teach those who hold onto false hope. Repeating simple actions is the fastest way to grow.