Someone DM'd me asking how to pick coins and how to place trades.
Honestly, the methods I currently use are very straightforward, but it’s precisely these unflashy things that have helped me crawl out of the pits. Over 8 years, my account grew from tens of thousands to 6 million yuan, not by luck but through lessons learned the hard way.
I’ve seen too many people get greedy when prices surge, going all-in like tigers, only to get wiped out and lose even their principal. Honestly? I used to do stupid things like that too. Thinking back now, I’m embarrassed.
Today, I’ll share some secret "tricks." If you really want to survive in this market, just follow these:
**First, about choosing coins.** I never look at those “potential coin recommendations,” I just check the top gainers. Why? Because coins that have already risen indicate there’s capital involved, and liquidity is there too. Why buy coins that are barely alive? Are you just holding them as family heirlooms?
After choosing, don’t rush to buy. Watch the monthly MACD; wait for the golden cross signal before entering. No golden cross? Then stay on the sidelines. Many people stare at 15-minute K-lines every day, chasing fluctuations, exhausting themselves and still losing money. Short-term volatility is noise; the real opportunity lies in the long-term trend. Those oversold rebounds? Just low-probability gambling, nine out of ten times you’ll lose.
**Next, about position management.** The 70-day moving average is something I check every night before sleep. When the price retests this level and volume starts to increase? That’s a signal to add to your position. Stay calm, don’t panic or be greedy—markets will tell you what to do. Don’t act until the signal appears. Why rush?
Once in, you must stick to the rules. Hold if it’s rising, cut immediately if it breaks a key level. Many people can’t bear to sell, always thinking “maybe it will rebound if I wait a bit longer,” but they end up in floating profits turned deep losses. Take profits in stages: sell half after a 30% rise, sell another half at 50%. Don’t expect to capture all the gains; markets can turn at any time. If you miss it, you miss it. There’s always another chance.
**Most importantly: if it breaks below the 70-day line, you must exit.** This is my strict rule for every trade. No matter how long I’ve held or how much I’ve already gained, if it breaks the line, I get out. Don’t gamble against the trend, don’t gamble with your life—this rule has saved me countless times.
Trading should be as simple as possible. Don’t keep thinking “Go all-in and turn things around.” The real way to make money is through disciplined, mechanical execution and controlling your emotions.
These are all lessons I’ve earned with real money. The market won’t betray someone who sticks to the rules, but it will teach a fool a harsh lesson for being arrogant.
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gas_fee_therapist
· 9h ago
Wow, that 70-day moving average is really amazing. I previously held on and missed out on a big profit because I couldn't bear to sell at a loss.
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liquidation_surfer
· 12-10 15:52
If the 70-day moving average breaks, run. There's no room for discussion. I only understood after being lessons learned.
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SingleForYears
· 12-10 15:50
Wow, this 70-day moving average is really amazing. I lost a lot because I didn't hold this line before.
Someone DM'd me asking how to pick coins and how to place trades.
Honestly, the methods I currently use are very straightforward, but it’s precisely these unflashy things that have helped me crawl out of the pits. Over 8 years, my account grew from tens of thousands to 6 million yuan, not by luck but through lessons learned the hard way.
I’ve seen too many people get greedy when prices surge, going all-in like tigers, only to get wiped out and lose even their principal. Honestly? I used to do stupid things like that too. Thinking back now, I’m embarrassed.
Today, I’ll share some secret "tricks." If you really want to survive in this market, just follow these:
**First, about choosing coins.** I never look at those “potential coin recommendations,” I just check the top gainers. Why? Because coins that have already risen indicate there’s capital involved, and liquidity is there too. Why buy coins that are barely alive? Are you just holding them as family heirlooms?
After choosing, don’t rush to buy. Watch the monthly MACD; wait for the golden cross signal before entering. No golden cross? Then stay on the sidelines. Many people stare at 15-minute K-lines every day, chasing fluctuations, exhausting themselves and still losing money. Short-term volatility is noise; the real opportunity lies in the long-term trend. Those oversold rebounds? Just low-probability gambling, nine out of ten times you’ll lose.
**Next, about position management.** The 70-day moving average is something I check every night before sleep. When the price retests this level and volume starts to increase? That’s a signal to add to your position. Stay calm, don’t panic or be greedy—markets will tell you what to do. Don’t act until the signal appears. Why rush?
Once in, you must stick to the rules. Hold if it’s rising, cut immediately if it breaks a key level. Many people can’t bear to sell, always thinking “maybe it will rebound if I wait a bit longer,” but they end up in floating profits turned deep losses. Take profits in stages: sell half after a 30% rise, sell another half at 50%. Don’t expect to capture all the gains; markets can turn at any time. If you miss it, you miss it. There’s always another chance.
**Most importantly: if it breaks below the 70-day line, you must exit.** This is my strict rule for every trade. No matter how long I’ve held or how much I’ve already gained, if it breaks the line, I get out. Don’t gamble against the trend, don’t gamble with your life—this rule has saved me countless times.
Trading should be as simple as possible. Don’t keep thinking “Go all-in and turn things around.” The real way to make money is through disciplined, mechanical execution and controlling your emotions.
These are all lessons I’ve earned with real money. The market won’t betray someone who sticks to the rules, but it will teach a fool a harsh lesson for being arrogant.