Hello everyone, my name is Binge. Today I want to talk with you about the true nature of the crypto world.

I have been in the industry since 2015, which makes it six years now. In the beginning, I also tasted some success—doubling or tripling my investment overnight. At that time, I truly thought I was a genius. But after a cycle of bull and bear markets? I almost lost everything. The most desperate period was when I owed nearly a million in debt. I would wake up in the middle of the night, grab my phone to check the market, and my heart would race at the sight of a sharp drop.

Now I have finally found a stable profit path. Looking back at the ups and downs over these years, I realize: in the end, making money in the crypto space is not about technical skills, but about discipline and mindset.

**There are actually only three ways to play the market**

Many newcomers focus on five-minute K-line charts, which is no different from gambling with your life. After exploring for so many years, I’ve discovered a key trick—only look at the larger timeframes and ignore the noise on hourly charts.

The market for Bitcoin and other coins essentially has three states: bullish candles breaking previous highs, bearish candles crashing down, or prices oscillating within a range. The corresponding strategies are straightforward—only go long during an uptrend, only go short during a downtrend, and be patient and observant during sideways movement.

I’ve found a method that works particularly well: focus on the daily chart and ignore small fluctuations on the hourly chart. When the daily MACD crosses above the zero line and the price is above the MA30, the trend signal is very clear.

**How to find support and resistance levels**

Price movement is like a trampoline—bouncing back at support levels and pulling back at resistance levels. I mainly use three ways to identify these key points:

The simplest and most effective method: draw horizontal lines using previous highs and lows. This is basic but powerful.

The second method is Fibonacci retracement levels. After a significant rise or fall, I pay close attention to the 38.2%, 50%, and 61.8% levels. Often, the price tests these levels repeatedly before deciding the next direction.

**Mindset and discipline are the moat**

Technical analysis is just a tool; what truly separates traders is execution and psychological resilience. Don’t be greedy when you make money, and don’t act recklessly when you lose. My approach is strict stop-loss, and once I set my risk ratio, I never change it.

These six years have taught me that people who make money in the crypto space are not necessarily the smartest, but they are definitely the most disciplined.