#Strategy加仓BTC 8 Years of Cryptocurrency Trading: From Novice to 20 Million Wealth — How These Funds Were Made
Many people ask me about the secrets of selecting coins and building positions. To be honest, my approach isn’t complicated — in fact, the simplest-looking methods are often the most effective tools for making money.
I’ve seen too many people get restless when the market moves, insisting on "pushing hard," only to end up with huge losses. I’ve paid that tuition myself, and looking back, I find it quite frustrating.
**About Coin Selection: Only Look at the Top Gainers List**
Why? Coins that have risen indicate active buying and potential for speculation. Dead coins are dead anytime. Conversely, if a coin hasn’t moved, why buy it?
**About Entry Signals**
Don’t fixate on the daily chart. The MACD on the monthly chart is my compass — a golden cross means go, no golden cross means stay out. K-line charts only show short-term fluctuations; the real trend is in longer cycles. Those oversold rebounds are just betting on low probability — basically giving away money.
The first indicator I watch daily is the 60-day moving average. If the price retraces near the 70-day moving average and volume starts to surge, I dare to add to my position — the market will give signals. When there’s a signal, hold steady; no signal, wait patiently.
**About Taking Profits and Cutting Losses**
Once I enter a position, I never hold on stubbornly. If it rises, hold; if it breaks below the line, close immediately. The root of many people’s problems is "reluctance to sell" — always hoping for a rebound, but ending up turning profits into losses.
Profit-taking requires rhythm: sell half after a 30% increase, then sell half after a 50% increase. Don’t try to swallow all gains at once; markets are unpredictable. If you miss this opportunity, there will be another.
**The Strictest Discipline: Exit When Breaking the 70-Day Moving Average**
How long you hold doesn’t matter — this line is my lifeline. Don’t gamble against the market, don’t gamble with yourself — this single rule has kept me alive until now.
In cryptocurrency investing, simplicity is king. Don’t always chase "big reversals"; real gains come from disciplined execution and emotional control. Discipline is the biggest trading advantage.
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AlwaysMissingTops
· 19h ago
That's right, strict discipline is essential. My biggest fear is those who can't bear to cut losses, only to end up losing everything in the end.
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The 70-day moving average trick is brilliant; I’ve survived until now mainly because of this.
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Sell half after a 30% increase? That’s really ruthless. I admit I can’t do that.
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Anyway, I only stick to this one line. If it breaks, I turn around and leave—no more talk.
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It looks simple, but once you try to execute it, you realize how difficult it really is.
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Honestly, most people are just too greedy; they only sell after they've gained the full amount of the rise.
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This method may sound old-fashioned, but those who survive do it this way.
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AirdropHarvester
· 19h ago
I get the 70-day moving average as the lifeline. There's really nothing wrong with that statement; it's just that too many people die at the moment they are unwilling to cut.
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MetaMisfit
· 20h ago
To be honest, I've been using the 70-day moving average for a long time, but the hardest part is execution. Many times, even when the direction is correct, emotions can throw you off, and you end up not making any money.
View OriginalReply0
HodlTheDoor
· 20h ago
Exactly right, the 70-day moving average move was really brilliant, I did the same.
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The strategy of selecting coins from the top gainers list may look simple, but it's actually the most ruthless. Chasing hot spots is always better than catching dead coins.
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I need to remember to take half profits at this pace. I used to try to hold the full position but just got trapped.
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The key is still execution. Talking on paper is useless; you really need to withstand temptation.
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When the monthly MACD crosses above, go in. The logic is clear, unlike some people blindly guessing and randomly jumping in.
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Being able to survive 8 years is because I don’t gamble with my emotions. When the price drops below, I run. That’s the real skill in making money.
#Strategy加仓BTC 8 Years of Cryptocurrency Trading: From Novice to 20 Million Wealth — How These Funds Were Made
Many people ask me about the secrets of selecting coins and building positions. To be honest, my approach isn’t complicated — in fact, the simplest-looking methods are often the most effective tools for making money.
I’ve seen too many people get restless when the market moves, insisting on "pushing hard," only to end up with huge losses. I’ve paid that tuition myself, and looking back, I find it quite frustrating.
**About Coin Selection: Only Look at the Top Gainers List**
Why? Coins that have risen indicate active buying and potential for speculation. Dead coins are dead anytime. Conversely, if a coin hasn’t moved, why buy it?
**About Entry Signals**
Don’t fixate on the daily chart. The MACD on the monthly chart is my compass — a golden cross means go, no golden cross means stay out. K-line charts only show short-term fluctuations; the real trend is in longer cycles. Those oversold rebounds are just betting on low probability — basically giving away money.
The first indicator I watch daily is the 60-day moving average. If the price retraces near the 70-day moving average and volume starts to surge, I dare to add to my position — the market will give signals. When there’s a signal, hold steady; no signal, wait patiently.
**About Taking Profits and Cutting Losses**
Once I enter a position, I never hold on stubbornly. If it rises, hold; if it breaks below the line, close immediately. The root of many people’s problems is "reluctance to sell" — always hoping for a rebound, but ending up turning profits into losses.
Profit-taking requires rhythm: sell half after a 30% increase, then sell half after a 50% increase. Don’t try to swallow all gains at once; markets are unpredictable. If you miss this opportunity, there will be another.
**The Strictest Discipline: Exit When Breaking the 70-Day Moving Average**
How long you hold doesn’t matter — this line is my lifeline. Don’t gamble against the market, don’t gamble with yourself — this single rule has kept me alive until now.
In cryptocurrency investing, simplicity is king. Don’t always chase "big reversals"; real gains come from disciplined execution and emotional control. Discipline is the biggest trading advantage.