Having been in the crypto world for 8 years, experiencing rollercoaster-like market conditions, I’ve come to realize one principle: true profits don’t come from luck, but from repeated lessons learned through losses.



Whenever I discuss coin selection and trading strategies with others, I always emphasize that the method I currently use is actually very simple. But it’s precisely these seemingly straightforward things that are the real secrets to making money.

Many people see the market’s ups and downs and can’t resist wanting to "rush in," only to end up making chaotic trades and causing their accounts to plummet. I’ve made that mistake too, and looking back, it was indeed very irrational.

**The logic of coin selection is very straightforward**

I always start by looking at the gain leaderboard. Why? Because only coins that are already moving have active market participation and subsequent opportunities. If a coin is completely flat, why should I buy it?

After choosing the right coins, don’t get obsessed with minute-level K-line fluctuations. I pay more attention to the monthly MACD indicator. When a golden cross forms, I enter the market; if not, I stay in cash. Short-term volatility can tell you some things, but real opportunities are hidden in long-term trends. Stories of oversold rebounds are just for listening; betting on such low-probability events is basically giving away money.

**The 70-day moving average is my lifeline**

The most closely watched indicator every day is the 60-day line. When the price stops falling near the 70-day moving average and trading volume begins to increase, that’s a signal—meaning I dare to add to my position. At this point, confidence is needed; the market will give opportunities. When the signal appears, stay steady; if not, keep waiting.

Once I enter a position, I never get greedy. If it’s bullish, I hold; if it breaks support, I cut losses immediately. Many people’s problem is "reluctance to sell," always waiting for a rebound, which eventually turns profits into losses.

Profit-taking also needs to be disciplined. Don’t expect to take all gains at once. Take half off at a 30% rise, then when it rises another 50%, take half again. The market is constantly changing; if you miss this wave, there will be another. No need to be stubborn.

**The core discipline: sell when it breaks below the 70-day line**

This is a rule I never deviate from in every trade. No matter how long you’ve held or how high your expectations are, once it breaks below the 70-day line, it’s a signal—get out immediately. Don’t fight the market, and don’t gamble with your own life. This rule is truly the key to my survival until now.

The simpler the crypto market, the more profitable it is, because simplicity makes execution easier. Those who are always thinking about "turning things around in one shot" end up being painfully taught by the market. The real money is accumulated through day-to-day discipline and managing your emotions well.

The crypto market is quite forgiving to obedient traders, but it will severely punish those who don’t understand the rules.
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
  • 7
  • Repost
  • Share
Comment
0/400
MrDecodervip
· 20h ago
The 70-day moving average is really the line of life and death; those who don't follow it get wiped out.
View OriginalReply0
ConsensusBotvip
· 20h ago
The 70-day moving average is really a lifesaver, much more reliable than those complicated technical indicators.
View OriginalReply0
StableCoinKarenvip
· 20h ago
That's right, you just have to listen. I'm now sticking to the moving averages, remaining as steady as a mountain, and I've had far fewer liquidation events than before.
View OriginalReply0
ChainPoetvip
· 20h ago
The 70-day moving average is really unbeatable. I'm using it now, and it's a thousand times better than those who mess around with hourly charts. --- You're right, the only concern is whether people can follow through. Most people still get killed by greed. --- What I've learned over 8 years is valuable, but unfortunately, nine out of ten still want to take a risk. --- Discipline is something everyone understands when spoken about, but few are willing to let go when the market crashes. I've been burned by this myself. --- Simplicity leads to longevity; complexity only results in quick zeroing out. This is a painful lesson. --- Some things are really important, especially stop-loss. Many people fall for the trap of "just wait a bit longer, it'll recover."
View OriginalReply0
LiquidityWizardvip
· 20h ago
actually, the 70-day moving average as a "lifeline" is theoretically sound given historical volatility patterns, but let's be real—most people don't have the discipline to stick to it when emotions kick in. statistically speaking, that's where 94% of retail traders fail the execution part.
Reply0
ParanoiaKingvip
· 20h ago
The 70-day moving average is a hurdle I’ve been stepped on countless times. Now I am just a purely mechanical execution robot. --- That’s right, but the real challenge is emotional management. It’s easy to say “cut when it falls below,” but actually doing it is extremely difficult. --- The things I realized over 8 years, I took 3 years to truly believe. Now I’m earning more steadily. --- I’ve used the trick of selling half when it rises 30%, but there are always a few times I regret not selling all. --- The biggest scam in the crypto world is that listening to seemingly correct advice can still make you lose money. Execution is everything. --- After so many years of fighting, I finally realized it’s just two words: discipline. Truly. --- I’m a bit confused about whether it’s the 60-day or 70-day moving average, but the key is having a clear stop-loss point; otherwise, you’re just destined to be “cut the chives.” --- The simplest things are the hardest to stick to. That’s why nine out of ten traders lose money. --- Not being greedy is really the ultimate trick. Unfortunately, I always wait for a rebound. When my principal comes back, I’m satisfied.
View OriginalReply0
GateUser-0717ab66vip
· 20h ago
The 70-day moving average is truly a lifeline. I also run when I break below it—no exceptions. Staying disciplined like this has saved me until now. --- That's right, the biggest loss comes from greed. I've seen too many people fall for this trap. --- I totally agree that simplicity is key to making money. The more complicated the strategy, the easier it is to embarrass yourself. --- People who listen make money; those who oppose lose money. That's just how the crypto world is. --- Waiting for the monthly MACD golden cross to act—this method is actually old news, but few people actually profit from it. --- Not being greedy, understanding stop-losses, waiting for signals—easy to say, hard to do. I failed at these in the past two years. --- Taking half profits after a 30% rise is really the key to timing. Don't try to take all at once; losing your mindset is the end. --- Coins that chase the top gainers list need to be brave. I now mostly just sell when I break below, not trying to earn that little extra anymore. --- The punishment speed in the crypto world is really faster than anywhere else. Without discipline, your account can be gone in a week. --- Eight years—that period has witnessed many people's wealth explosions and liquidations. Survivor bias, perhaps.
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)