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Only those in the crypto world who can survive are often not the ones who consider themselves smart.
I have seen too many genius traders, with strong technical analysis skills and deep market understanding, but in the end, they still get caught up in execution and discipline issues. Conversely, those who seem ordinary, taking one step at a time, gradually growing their account from a few thousand yuan, eventually become winners.
In the first two years of entering the circle, I also lived quite a mess. Chasing highs and selling lows, believing in all kinds of rumors, following the crowd in social groups—resulting in my account shrinking all the way down. At that time, I didn’t understand one question: why are so many people busy but still losing money?
Later, I realized that this market is full of smart people, but very few can play by the rules.
**Abandon chasing news, return to technical indicators**
The biggest turning point was realizing: news is always a tool for the market makers to harvest retail investors. Good news and bad news fly everywhere, retail investors are confused by conflicting information, and their accounts shrink accordingly. Technical indicators are different; although not perfect, they at least follow relatively fair rules.
Now I only look at one signal: the daily MACD golden cross, especially when the indicator appears above the zero line. Why choose the daily chart? Stability. Daily signals can filter out a lot of market noise, unlike hourly or 15-minute charts which are very volatile.
There’s also a lesson. Once I saw a coin show a MACD golden cross on the hourly chart, and without hesitation, I went all-in. Ten minutes later, a big player dumped the market, and I got caught. That made me realize: small funds simply cannot withstand such frequent high-frequency fluctuations. Only by focusing on larger timeframes’ signals can there be a chance to survive.
Discipline is really more important than anything else.