Having been trading in the crypto space for nearly ten years, my deepest insight is—people who make money are not relying on luck, but on execution ability.
Many newcomers ask me how to choose coins and how to place orders. Honestly, the methods are not that complicated; in fact, the more complex systems are more prone to failure. The tools I use are very basic, but it is these fundamentals that distinguish those who make money from those who lose money.
What is the most common mistake? When the market slightly rises, some get impulsive and go all-in, leading to liquidation after a series of trades. I used to do this foolish thing too. Later, I realized that this approach is playing financial games with a gambler’s mentality.
After several cycles of exploration, I summarized a few practical rules:
**The first step in choosing coins—only look at those with capital inflow.** Coins on the gainers list are essentially those already attracting large funds. Coins with no activity, no matter how cheap, should be avoided because without popularity, there’s no opportunity.
**Don’t get caught up in candlestick charts when analyzing indicators.** Directly look at the monthly MACD; enter when a golden cross appears, and stay out if there’s no golden cross. Don’t gamble on rebounds—that’s a gambler’s game.
**Treat the 70-day moving average as a lifeline.** Keep a close eye on this line daily. Once the price retraces to this line with volume signals, I dare to add positions. If there’s no signal, continue waiting and don’t act prematurely.
**Don’t hold on to trades after entering.** If the price falls below the established support line, exit immediately. Many people go from making money to losing money because they can’t bear to sell, always hoping for a rebound, but end up deep in a trap.
**Take profits in stages.** Sell half after earning 30%, and sell the remaining half after earning 50%. The mentality of trying to eat everything in one bite will ultimately backfire.
**The last key is survival.** As long as the price falls below the 70-day moving average, no matter how much you could have earned, exit immediately. Don’t fight the market, don’t gamble with your life—this is why I’ve been able to stick to this for so many years.
The logic of the crypto world is actually simple— the easier it is to execute, the better. Those who think about turning things around every day ultimately make money through discipline and emotional management. There are no other secrets.
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CoffeeOnChain
· 4h ago
Sounds good, but I still have to say that the stuff told by a ten-year veteran is mostly not executable by beginners. The key is still mindset; when it comes to losing money, everyone wants to turn the tide in an instant.
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NFTHoarder
· 4h ago
You're right, execution is really everything. I'm just the greedy type, always wanting to get a little more, and as a result, I often get caught. I've noted the 70-day moving average, I need to change this gambler's mentality of mine.
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SigmaBrain
· 4h ago
Exactly right, it's all about discipline and mindset. I used to go all-in impulsively, but now I keep a close eye on the 70-day moving average. Truly, the longer you stay alive, the more you earn.
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Gm_Gn_Merchant
· 4h ago
To be honest, I've heard this kind of talk too many times. The key is whether one can truly practice self-discipline... Most people fail at the hurdle of greed.
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SchrodingersFOMO
· 4h ago
That's right, execution is the key. I'm the kind of fool who gets entangled in K-line analysis to the point of liquidation. Now I finally understand what it means to follow discipline.
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ServantOfSatoshi
· 4h ago
That's very true, execution is indeed the key. I've seen too many people die because of greed, unwilling to take profits according to the plan.
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zkProofGremlin
· 4h ago
That's right. Over ten years, this execution system has indeed been the only way to survive. What I fear most are those who study mysterious indicators every day, only to lose everything in a sudden crash.
Having been trading in the crypto space for nearly ten years, my deepest insight is—people who make money are not relying on luck, but on execution ability.
Many newcomers ask me how to choose coins and how to place orders. Honestly, the methods are not that complicated; in fact, the more complex systems are more prone to failure. The tools I use are very basic, but it is these fundamentals that distinguish those who make money from those who lose money.
What is the most common mistake? When the market slightly rises, some get impulsive and go all-in, leading to liquidation after a series of trades. I used to do this foolish thing too. Later, I realized that this approach is playing financial games with a gambler’s mentality.
After several cycles of exploration, I summarized a few practical rules:
**The first step in choosing coins—only look at those with capital inflow.** Coins on the gainers list are essentially those already attracting large funds. Coins with no activity, no matter how cheap, should be avoided because without popularity, there’s no opportunity.
**Don’t get caught up in candlestick charts when analyzing indicators.** Directly look at the monthly MACD; enter when a golden cross appears, and stay out if there’s no golden cross. Don’t gamble on rebounds—that’s a gambler’s game.
**Treat the 70-day moving average as a lifeline.** Keep a close eye on this line daily. Once the price retraces to this line with volume signals, I dare to add positions. If there’s no signal, continue waiting and don’t act prematurely.
**Don’t hold on to trades after entering.** If the price falls below the established support line, exit immediately. Many people go from making money to losing money because they can’t bear to sell, always hoping for a rebound, but end up deep in a trap.
**Take profits in stages.** Sell half after earning 30%, and sell the remaining half after earning 50%. The mentality of trying to eat everything in one bite will ultimately backfire.
**The last key is survival.** As long as the price falls below the 70-day moving average, no matter how much you could have earned, exit immediately. Don’t fight the market, don’t gamble with your life—this is why I’ve been able to stick to this for so many years.
The logic of the crypto world is actually simple— the easier it is to execute, the better. Those who think about turning things around every day ultimately make money through discipline and emotional management. There are no other secrets.