Having traded crypto assets for 8 years and earning over 6 million yuan. Someone asked me if I was lucky, but that's not the case at all. Behind every bit of profit are lessons learned from the market, pitfalls stepped into, and repeated insights gained from failures.

Many newcomers ask me how to choose coins and when to place orders. My current approach may seem simple, but these seemingly simple principles are actually the foundation for consistently making money.

**The key issue is that many people can't control themselves.** When they see the market fluctuate wildly, they can't resist the urge to "buy the dip and rebound quickly for double." What happens then? A flurry of trades as fierce as a tiger, leading to either margin calls or account crashes. I used to do the same in my early days. Looking back now, I really regret it.

These practical methods are lessons I learned the hard way with real money:

**Step 1: Filter targets from the gainers list.** Why? It's simple—only coins that have risen can indicate active market interest, and there’s a chance they will continue to rise. Conversely, a coin that has been sideways for years with poor trading volume is just a waste of time and capital to buy. Another important detail: don’t always switch back and forth between daily K-line charts; I pay more attention to the MACD indicator on the monthly chart. When a golden cross appears, consider entering; if not, stay in cash and don’t bother yourself with unnecessary trouble.

**Step 2: The 70-day moving average is my daily "barometer."** I watch this line every day without exception. When the price approaches the 70-day line and I see a significant increase in volume, I dare to add to my position decisively. At this point, don’t panic. If the signal is clear, hold your position steadily and wait for the trend to unfold. If there’s no clear signal, be patient—good opportunities don’t just disappear.

**Step 3: Discipline in entering and decisive in exiting.** This is the most overlooked but crucial point. During holding periods, follow the trend, but once the price breaks below a key support line, you must close your position immediately. Many losses are caused by the inability to cut losses—always hoping for a rebound, but ending up turning floating gains into huge losses. Take profits with rhythm; don’t be greedy for the entire move. Take 30% profit first, then cut the rest at 50%. Missing a wave of the market is okay; there are plenty of opportunities in crypto.

**The most fundamental rule: if it breaks below the 70-day line, get out immediately.** This is a principle I follow for every trade. No matter how long I’ve held the position or whether I’m in profit or loss, once it hits this line, I must exit. Don’t fight the market, and don’t gamble with your capital. This rule is truly the key to surviving and thriving in the crypto world.

**Ultimately, making money in crypto isn’t complicated.** The simpler the strategy, the easier it is to execute and see results. Don’t always think about making a big comeback in one shot. Those who truly make money do so by following discipline day after day, managing emotions, and controlling risks.

What I’m sharing today is all earned through blood and sweat. The crypto market will never mistreat traders who listen, follow rules, and have reverence, but it will definitely teach harsh lessons to those who operate recklessly and lack awareness of their limits.