Honestly, your losses in the crypto world are not due to market conditions, but because of your own irrationality.
This may sound harsh, but let me point out where the root of the problem lies — reckless operations without understanding, refusing to admit losses after bad bets, and constantly fantasizing about a quick comeback.
Having been in this industry for 8 years, I’ve seen too many scripts like this. It’s almost always the same pattern: account explosion → blaming others → leaving the community → getting cut again next time. Cycle repeats.
Take a recent example. As soon as the top gainers list updates, many people immediately think — "If I don’t get in now, it’s over." I clearly told the group: the monthly moving average crossover hasn’t appeared yet, so it’s not the time. But what happened? A large number of people criticized my caution, saying that waiting would prevent big profits, and stubbornly chased high.
Two days later, the monthly MACD indeed crossed, the price retraced near the 60-day moving average, and volume picked up. I then provided a specific entry zone and specifically reminded: don’t go all-in, don’t chase high, and if it falls below the 70-day moving average, exit decisively; during an uptrend, take 30% profit when it looks good, and if it goes higher, cut half your position.
And what about outside? All the hype about tenfold gains, screenshots showing off, going all-in. When the pullback came, people disappeared — some started fortune-telling, some got liquidated, and then they cried about market manipulation.
What about my side? Some sold too early and missed the peak, some made less profit, but not a single account blew up, and no one got trapped.
The difference is clear: your losses are not because of bad predictions, but because you refuse to face your own mistakes.
My bottom-line rule: once the 70-day moving average is broken, liquidate unconditionally. Don’t ask why, don’t get emotional, don’t deceive yourself.
The reason I’ve survived 8 years in the crypto space is exactly this — not fighting against the market.
Stop telling yourself, "Just one last wave."
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BlockchainFries
· 9h ago
To be honest, I find myself convinced when I hear this theory repeated over and over again. It's just that too many people can't accept it.
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AirdropHunter007
· 9h ago
That hits too close to home, this is who I am... Always thinking about turning things around, but ending up going deeper and deeper.
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CountdownToBroke
· 9h ago
Damn, that hit too close to home. I'm the kind of fool who chases highs and gets cut, and now my account is in a terrible state.
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LucidSleepwalker
· 9h ago
Listening to an experienced veteran say this for 8 years, it suddenly feels like I understand something... It's that kind of feeling where you FOMO and then blame the market, haha.
You should have recognized it long ago; that 70-day moving average rule is indeed tough, but surviving is better than anything.
Some people in my group are still waiting for the "last wave," it seems there's really no hope.
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RugDocDetective
· 9h ago
Nice words, but isn't it just clinging to that moving average theory? I want to ask, is the 70-day moving average effective for small-cap coins?
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SnapshotLaborer
· 9h ago
Honestly, I've heard this theory many times before, but some people still refuse to believe it.
Ultimately, it's greed that causes this. Among the people I've seen, nine out of ten fall for this.
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RamenDeFiSurvivor
· 9h ago
Breaking the 70-day moving average line and then selling is indeed the key to survival. But to be honest, most people can't hold on long enough to understand this.
Honestly, your losses in the crypto world are not due to market conditions, but because of your own irrationality.
This may sound harsh, but let me point out where the root of the problem lies — reckless operations without understanding, refusing to admit losses after bad bets, and constantly fantasizing about a quick comeback.
Having been in this industry for 8 years, I’ve seen too many scripts like this. It’s almost always the same pattern: account explosion → blaming others → leaving the community → getting cut again next time. Cycle repeats.
Take a recent example. As soon as the top gainers list updates, many people immediately think — "If I don’t get in now, it’s over." I clearly told the group: the monthly moving average crossover hasn’t appeared yet, so it’s not the time. But what happened? A large number of people criticized my caution, saying that waiting would prevent big profits, and stubbornly chased high.
Two days later, the monthly MACD indeed crossed, the price retraced near the 60-day moving average, and volume picked up. I then provided a specific entry zone and specifically reminded: don’t go all-in, don’t chase high, and if it falls below the 70-day moving average, exit decisively; during an uptrend, take 30% profit when it looks good, and if it goes higher, cut half your position.
And what about outside? All the hype about tenfold gains, screenshots showing off, going all-in. When the pullback came, people disappeared — some started fortune-telling, some got liquidated, and then they cried about market manipulation.
What about my side? Some sold too early and missed the peak, some made less profit, but not a single account blew up, and no one got trapped.
The difference is clear: your losses are not because of bad predictions, but because you refuse to face your own mistakes.
My bottom-line rule: once the 70-day moving average is broken, liquidate unconditionally. Don’t ask why, don’t get emotional, don’t deceive yourself.
The reason I’ve survived 8 years in the crypto space is exactly this — not fighting against the market.
Stop telling yourself, "Just one last wave."