Having traded in the crypto space for 8 years and gradually earning millions in returns, looking back at the process, luck actually plays a very small role. Most of the time, it’s only after being beaten down by the market dozens of times that I slowly understand some principles.
There are always people around asking for trading tips. Recently, I’ve found that the methods I’ve summarized are becoming simpler and simpler. To be honest, these seemingly simple logics are actually the key to capturing profits. Many people can’t sit still when market fluctuations occur; after flipping back and forth, they end up getting liquidated. I used to do stupid things like that too. Now, looking back, I can only sigh.
**The Gain Rank is the Entry Point for Coin Selection**
First, it’s essential to understand a basic logic: only coins that have experienced a price increase will attract market attention and generate sustained trading activity. Coins that remain stagnant are not worth touching at all. Many people like to watch candlestick charts back and forth, but my approach is different — I focus more on the MACD indicator on the monthly chart. Once a golden cross appears, I consider building a position; if there’s no golden cross, I continue to hold a vacant position and wait. Why? Because candlestick charts only reflect recent volatility; the real profit opportunities are often hidden in longer-term trends. Trading based on oversold rebounds may seem to have low probability, but in practice, the chance of loss is actually higher.
**The 70-Day Moving Average is My Main Reference**
Every trading day, I habitually monitor the performance of the 70-day moving average. When the price retraces to near the 70-day line and trading volume begins to significantly increase, I will decisively add to my position. Once the signal appears, I hold firmly; if the signal doesn’t form, I wait patiently. Market opportunities are never lacking; the key is to recognize and wait for them.
**Profit-Taking Rhythm Determines Final Returns**
After entering a position, don’t think about holding forever. When the price starts rising, maintain the position, but if it breaks below a key support line, exit immediately. Don’t expect a rebound to save you. I divide the profit-taking process into two stages: when gains reach 30%, I cut half of my position; when gains reach 50%, I cut the remaining half. Sometimes, early profit-taking causes me to miss subsequent gains, but this regret is much lighter than being trapped. After all, the next wave of the market will always come.
**And the Most Important Bottom Line**
The ironclad rule for protecting capital is: once the price falls below the 70-day line, you must exit regardless of circumstances. This is a discipline that every trade must follow, no matter how long you’ve held the position or whether you’re willing to hold or not. Don’t fight the market head-on; don’t gamble on a reversal with your account. Learning to admit mistakes and cut losses in time is the secret to surviving long-term in the crypto space.
**Simple Methods Are the Easiest to Stick To**
My experience in the crypto world tells me that the simpler a trading system is, the easier it is to truly execute. Too many people always think about making a big turnaround, but often, their wishes are not fulfilled. True long-term profitability comes from two things: first, strict discipline; second, stable emotional management. The methods I shared above are the lessons learned from years of practical experience, paid for with blood. The crypto market has always been gentle to traders who listen and follow the rules, but for those who rely on gut feelings and reckless actions, the market will teach them harsh lessons time and again.
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.
13 Likes
Reward
13
5
Repost
Share
Comment
0/400
ser_ngmi
· 01-09 09:54
It sounds right, but it's very hard to do.
What about the promised 70-day moving average? As soon as it drops, I want to buy the dip.
Ten million in profit sounds great, but how many times do I have to lose before I can make it...
Take profit at 30% and run, I must be really ruthless.
Simplification is correct, but the problem is that at the moment of execution, the mind isn't simple.
It seems that most people can't learn not because of the method, but because of the psychological preparation.
View OriginalReply0
MEVHunterZhang
· 01-09 09:53
To be honest, I've tried the 70-day moving average strategy before. It's not that it doesn't work, but executing it really tests your patience.
I believe in making millions, but who can guarantee that the next wave won't be a reverse dump?
Taking 30% profit and cutting in half feels too conservative to me; often, as soon as you cut, the price starts soaring.
This logic is actually just strict discipline + patience. It's simple, but the simplest things are the hardest to stick with.
That's how the crypto world is—those who always suffer losses are the ones who survive the longest.
View OriginalReply0
BasementAlchemist
· 01-09 09:48
After all these years, it's still the same approach: 70-day moving average for stop-loss placement. Easy to say, hard to do.
---
Really, every time they say discipline comes first, but when a market trend hits, I still get itchy.
---
The monthly MACD golden cross move, I tried it last year, and I'm still trapped in it haha.
---
Cut 30% in half, cut 50% in half, sounds pretty stable, but watching it rise ten times later, your heart will break.
---
Is the crypto world gentle? Bro, you're saying that a bit dangerously. The market is not gentle to anyone.
---
Simplification is correct, but don't lie and say it's easy to make money. Execution is the key.
View OriginalReply0
CoconutWaterBoy
· 01-09 09:41
Sounds good, but I still think stop-loss is the most critical part. Many people die because of this.
---
I've tried the 70-day moving average logic, and it’s definitely much more comfortable than watching K-lines every day.
---
Haha, I’m being serious, but honestly it’s still a matter of self-discipline. Most people simply can’t do it.
---
Millions level... How many times do you have to hit stop-loss to truly understand? I just want to know how much the account shrinks at the worst point.
---
Simple methods are indeed the most profitable, but the hard part is actually executing them.
---
Cut half at 30%, aren’t you afraid of missing out on big market moves? It still feels a bit too conservative.
---
I need to remember the monthly golden cross for building positions; it’s much more reliable than my current reckless trading.
---
That’s correct, but when a month’s market trend comes, who can really hold on? It’s easy to say.
View OriginalReply0
GateUser-a606bf0c
· 01-09 09:33
It sounds like talking about stop-loss and discipline, which is spot on, but most people still can't do it.
Basically, it's MACD + 70-day moving average + take profit. It sounds simple, but when it really retraces, how many can resist bottom-fishing?
Eight years and millions... numbers can be intimidating. I'm just curious how these years of Bitcoin's bear market were endured.
Looking at it, I realized a problem: cut 30% in half, 50% then cut in half again, doesn't that mean losing everything at 100%? The logic is a bit tangled.
The last sentence really hit home: the market loves to punish those who act recklessly. Rule-based traders do tend to last longer.
Having traded in the crypto space for 8 years and gradually earning millions in returns, looking back at the process, luck actually plays a very small role. Most of the time, it’s only after being beaten down by the market dozens of times that I slowly understand some principles.
There are always people around asking for trading tips. Recently, I’ve found that the methods I’ve summarized are becoming simpler and simpler. To be honest, these seemingly simple logics are actually the key to capturing profits. Many people can’t sit still when market fluctuations occur; after flipping back and forth, they end up getting liquidated. I used to do stupid things like that too. Now, looking back, I can only sigh.
**The Gain Rank is the Entry Point for Coin Selection**
First, it’s essential to understand a basic logic: only coins that have experienced a price increase will attract market attention and generate sustained trading activity. Coins that remain stagnant are not worth touching at all. Many people like to watch candlestick charts back and forth, but my approach is different — I focus more on the MACD indicator on the monthly chart. Once a golden cross appears, I consider building a position; if there’s no golden cross, I continue to hold a vacant position and wait. Why? Because candlestick charts only reflect recent volatility; the real profit opportunities are often hidden in longer-term trends. Trading based on oversold rebounds may seem to have low probability, but in practice, the chance of loss is actually higher.
**The 70-Day Moving Average is My Main Reference**
Every trading day, I habitually monitor the performance of the 70-day moving average. When the price retraces to near the 70-day line and trading volume begins to significantly increase, I will decisively add to my position. Once the signal appears, I hold firmly; if the signal doesn’t form, I wait patiently. Market opportunities are never lacking; the key is to recognize and wait for them.
**Profit-Taking Rhythm Determines Final Returns**
After entering a position, don’t think about holding forever. When the price starts rising, maintain the position, but if it breaks below a key support line, exit immediately. Don’t expect a rebound to save you. I divide the profit-taking process into two stages: when gains reach 30%, I cut half of my position; when gains reach 50%, I cut the remaining half. Sometimes, early profit-taking causes me to miss subsequent gains, but this regret is much lighter than being trapped. After all, the next wave of the market will always come.
**And the Most Important Bottom Line**
The ironclad rule for protecting capital is: once the price falls below the 70-day line, you must exit regardless of circumstances. This is a discipline that every trade must follow, no matter how long you’ve held the position or whether you’re willing to hold or not. Don’t fight the market head-on; don’t gamble on a reversal with your account. Learning to admit mistakes and cut losses in time is the secret to surviving long-term in the crypto space.
**Simple Methods Are the Easiest to Stick To**
My experience in the crypto world tells me that the simpler a trading system is, the easier it is to truly execute. Too many people always think about making a big turnaround, but often, their wishes are not fulfilled. True long-term profitability comes from two things: first, strict discipline; second, stable emotional management. The methods I shared above are the lessons learned from years of practical experience, paid for with blood. The crypto market has always been gentle to traders who listen and follow the rules, but for those who rely on gut feelings and reckless actions, the market will teach them harsh lessons time and again.