Many people treat cryptocurrency trading as a side hustle, casually operate a few times, and then expect to achieve financial freedom? Wake up. In my first year in the industry, I lost everything this way—staying up until 3 a.m. checking K-line charts, jumping in when there's a pump, only to experience liquidation, anxiety, and insomnia all at once.



The turning point was when I started treating this as a serious profession. Setting trading time windows, strictly executing plans, and I actually began to profit steadily. These are proven methods tested with real money, shared with friends who are still exploring.

**Choose the Right Trading Hours**

From Asian morning to European session, during this period, all kinds of news bombard the market, and K-line fluctuations go crazy. I now mainly trade after 9 p.m.—all key data has been digested, market sentiment stabilizes, and technical patterns are easier to judge. Even if the market looks tempting during the day, I hold back and don’t trade.

**Secure Your Profits and Don’t Be Stubborn**

Account unrealized gains of 1000U? Take out 300U first. The rest can keep rolling, but at least the principal is safe. I’ve seen too many cases: tripling your investment and then thinking about five or ten times, only to be wiped out by a big bearish candle, or even losing money. Greed makes people blind to the exit.

**Technical Indicators Are Basic Skills**

Trading based on intuition? That’s just giving away money. Install a market analysis app on your phone, and before entering a trade, at least confirm these points:
- MACD shows a clear golden cross or death cross signal
- RSI indicates whether it’s in an extreme zone ( overbought/oversold )
- Bollinger Bands show narrowing channels or price breakout situations

Only consider entering when two or more indicators resonate. Don’t be impulsive with a single signal. Set stop-loss levels properly and adjust them according to market dynamics; don’t stubbornly hold onto one point.

**Avoid These Pitfalls**

High leverage and heavy positions? If you get the direction wrong, you’re wiped out instantly—no negotiation; stay away from small coins you’ve never heard of, as you don’t know how the whales behind them are playing; limit yourself to no more than three trades a day—doing more will crush your mentality; and most importantly—never borrow money to participate in this market! Leverage loans, credit card cash-outs, online loans… none of these paths are acceptable.

This industry doesn’t rely on luck or impulsiveness. Build your own trading system, review and execute at fixed times every day, and when it’s time, turn off your computer and do what you need to do. You’ll find that the methods capable of sustainable profit are often the most “boring.”
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.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
SchrodingerWalletvip
· 12-12 13:34
Basically, you have to treat trading as a job, not entertainment. I used to be the kind of person who would stay up until 3 a.m. checking K-line charts... but now I earn more steadily.
View OriginalReply0
GasWastervip
· 12-12 11:25
Trading candles at 3 a.m. really hit home. I used to be this reckless too, and looking back now, it's truly absurd. Taking out a loan to get in is the most reckless move. I've seen many people around me ruin their families this way. Waiting until 9 p.m. to take action is a good trick, but it requires self-control and can't resist daytime temptations. It's true that "locking in gains" is the right approach. Greed can lead to losing everything in a big bearish candle. Entering the market when MACD and RSI are both resonating is much more reliable than blindly guessing based on intuition, as I used to do. You really shouldn't get involved in borrowing; leverage is a devil. Building a trading system is definitely stable, but execution really tests human nature.
View OriginalReply0
GasFeeTearsvip
· 12-10 14:53
The part about brushing K-lines at 3 a.m. was too heartbreaking; what the older brother said was all blood, sweat, and tears.
View OriginalReply0
BasementAlchemistvip
· 12-10 14:44
Starting at 9 PM is really impressive; I was just messing around blindly during the day and lost everything.
View OriginalReply0
SundayDegenvip
· 12-10 14:37
Late-night 3 AM candlestick trading really hits hard, I’ve been there too, now I’ve turned over a new leaf. Honestly, operating after 9 PM is quite reliable; staying emotionally stable can indeed reduce losses. I agree with the “run when in profit” approach; I’ve seen too many greedy traders end up losing everything. I’ve stepped into all those high leverage traps, and the feeling of zeroing out is really unpleasant. Borrowing money to trade crypto? That’s just asking for death, brother, don’t touch it. This system sounds boring but works well; the key is to stay alive and make money. The worst are those impulsive trades based on gut feeling, eight out of ten times they lead to liquidation. Using MACD and RSI for double confirmation to enter positions is pretty decent; it’s much more reliable than just chasing the rally. Small-cap coins are too risky, the manipulators have too much control. Keeping within 3 trades a day really helps control your mindset; otherwise, it’s easy to become impatient and seek quick profits.
View OriginalReply0
DYORMastervip
· 12-10 14:27
Honestly, staying up at 3 a.m. to check the K-line really resonated with me; it truly marks the beginning of a fragile mindset.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)