Discipline and patience are the most scarce qualities in the crypto world.
A few days ago, I dug up some chat records. Three months ago, a friend of mine reached out to me, with only 5,000 USDT left in his account, and he was almost at the breaking point. He said he had already lost 40,000 yuan, lost his principal, and was in debt.
I only replied to him at the time: "Don’t think about getting rich overnight, just double your money first."
Yesterday, he sent me a new account screenshot—his net assets have exceeded 80,000 yuan. In just three months, he climbed out of the deep hole of losses and achieved profits. Does it look like magic? Actually, it’s not mysterious at all. His success was not based on complex trading techniques, but on sticking to a few extremely simple rules.
Today I want to share these experiences, perhaps to help those still struggling in the market.
**Rule 1: Don’t try to be clever, follow the trend**
Many people in the crypto space lose money because they want to prove they are smarter than the market.
This friend initially did the same—trying to buy at the bottom and sell at the top all day long. And what happened? Buying at the waist and selling at another waist. Later, I told him a principle: follow the trend. It sounds cliché, but it’s the truth.
I taught him a method: before trading each day, check the overall direction—only take trades that follow the trend. If Bitcoin is above the 25-day moving average, only go long; if below, only look for short opportunities. Don’t get impulsive and try to predict where the market will turn; wait until the trend actually reverses before entering.
This one change helped him avoid a lot of unnecessary losses.
**Rule 2: Position size determines how long you can survive**
Many people in the crypto space go all-in right away. This is deadly.
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Discipline and patience are the most scarce qualities in the crypto world.
A few days ago, I dug up some chat records. Three months ago, a friend of mine reached out to me, with only 5,000 USDT left in his account, and he was almost at the breaking point. He said he had already lost 40,000 yuan, lost his principal, and was in debt.
I only replied to him at the time: "Don’t think about getting rich overnight, just double your money first."
Yesterday, he sent me a new account screenshot—his net assets have exceeded 80,000 yuan. In just three months, he climbed out of the deep hole of losses and achieved profits. Does it look like magic? Actually, it’s not mysterious at all. His success was not based on complex trading techniques, but on sticking to a few extremely simple rules.
Today I want to share these experiences, perhaps to help those still struggling in the market.
**Rule 1: Don’t try to be clever, follow the trend**
Many people in the crypto space lose money because they want to prove they are smarter than the market.
This friend initially did the same—trying to buy at the bottom and sell at the top all day long. And what happened? Buying at the waist and selling at another waist. Later, I told him a principle: follow the trend. It sounds cliché, but it’s the truth.
I taught him a method: before trading each day, check the overall direction—only take trades that follow the trend. If Bitcoin is above the 25-day moving average, only go long; if below, only look for short opportunities. Don’t get impulsive and try to predict where the market will turn; wait until the trend actually reverses before entering.
This one change helped him avoid a lot of unnecessary losses.
**Rule 2: Position size determines how long you can survive**
Many people in the crypto space go all-in right away. This is deadly.