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Using what seems like a simple and straightforward approach, I have earned 2 million in the crypto circle with hardly any losses. These experiences are lessons learned through real money losses. For friends entering the market, following this logic can save you from many pitfalls.
Here are the key rules I summarized:
When the market plunges, if your coins only experience a slight dip, it indicates that someone is supporting the market. In this case, hold steady, as good opportunities usually follow. Conversely, if your coins fall along with the market by the same magnitude, be alert.
On the technical side, for short-term trading, stick to the 5-day moving average—hold your position as long as the price stays above it, and exit immediately if it breaks below, without hesitation. For mid-term, similarly watch the 20-day moving average. The key is to execute decisively and not be indecisive.
The best time to enter is when the main upward wave has just formed and volume hasn't started to increase yet. After entering, if volume increases and prices rise, continue holding. If volume shrinks and prices pull back, as long as the trend isn't broken, you can stay. If volume surges and the trend breaks down, reduce your position quickly to cut losses.
If there's no significant movement three days after a short-term buy, close the position. If losses exceed 5%, stop-loss unconditionally—don't hope for a rebound.
When the price halves from a high and falls for 8 consecutive days into an oversold zone, a rebound might be near. This is a good position to test the waters with a small position.
Always identify the leading coins. Leading coins tend to rise the most fiercely and have the strongest resilience to declines. Don't avoid buying because the price is high; the key is to grasp the rhythm—buy high and sell higher.
Trading with the trend is the right way. Low prices are not necessarily the best entry points; finding the right position is more important than anything. In a declining market, don't waste effort trying to bottom-fish; decisively abandon weak coins and avoid wasting time and funds.
After making money, it's easy to get complacent. Always review your trades to distinguish whether your gains are due to luck or real skill. Building a dedicated trading system is necessary for stability. Sometimes, doing nothing is also a strategy—preserving capital is always a higher priority than making profits. Trading is about success rate, not daily operations.
If you're unsure, don't force an entry. Blind trading is less effective than sitting on the sidelines and waiting for opportunities. Minimize unnecessary trades to protect your existing profits.
My method has been tested in real trading. If you want stable, risk-averse growth, don't walk this path alone. Find the right rhythm and method—earning steady money is the goal.