Eight years ago, I arrived in Shanghai dragging a suitcase, with only 500 yuan in my pocket, but carrying debts of hundreds of thousands. I even had to rely on friends to help cover the rent.
Looking back now, my crypto assets have reached eight figures. But this is definitely not a story of overnight wealth.
This is a "clumsy method" I’ve summarized over eight years through countless stop-losses and reflections.
## From Confusion to Enlightenment
When I first entered the crypto world, I was like most people—obsessed with all kinds of complex indicators, staring at the screen late into the night, rushing in when prices rose, and selling out when prices fell. The result? The more I lost, the more I wanted to double down to recover; the more I tried to recover, the more my account suffered.
That period was truly a vicious cycle. I lost hair by the handful, and my mental state collapsed.
Until one day, I realized a simple truth: this market isn’t short of smart people. What’s truly lacking are those who can stick to discipline.
## Complexity Won’t Kill Me, Simplicity Saved Me
I used to watch over a dozen indicators at once—RSI, KDJ, Bollinger Bands, and various custom combinations. I’d jump in and out on 5-minute charts, trading frequently.
And then? My account kept shrinking, and I felt more and more exhausted.
What actually allowed me to achieve stable profits was the simplest things—daily charts, a single moving average, plus the MACD indicator. Just these three.
Now, my trading interface is so clean it’s almost laughable. No bombardment of countless indicators, no frequent entries and exits. Instead, through this simplification, I’ve survived, and I’m doing pretty well.
What about those big influencers who used to post beautiful profit screenshots on social media? Most of them have long disappeared. The crypto world is never short of stars; what’s missing are the “longevity stars”—those who can survive for a long time.
## My Four-Step Practical System
**Step 1: Pick the target, only look for strong signals**
I only trade the top 20 mainstream coins by market cap. Those small coins that seem to have explosive profits? I completely avoid them.
For entry timing, I only look at one signal: whether the MACD on the daily chart has formed a golden cross above the zero line. Simple and crude, but effective.
**Step 2: Set the position size and stick to it**
For every trade, I pre-calculate the risk position. 2-5% of the account is my bottom line, never exceeding it.
Why so conservative? Because I’ve seen too many stories of people being wiped out by a single heavy position. Smaller positions mean longer survival; longer survival means more chances to make big money.
**Step 3: Set stop-loss and execute mechanically**
This is the hardest step. Because stop-loss means admitting mistakes, and admitting losses of real money.
My approach is: once I enter a trade, the stop-loss is already set. No matter how fierce the market gets or how much I struggle psychologically, I cut at the set point.
Sometimes, after a stop-loss, the price rebounds, and I see my account lose a bit. It’s uncomfortable. But in the long run? This “disciplined stop-loss” has saved me countless times.
**Step 4: Protect profits, take partial profits**
When a position is profitable, I take profits in parts. For example, when profit reaches 20%, I sell 1/3; at 50%, I sell another 1/3; the rest follows the trend.
This way, I can safeguard the principal and early gains, and still catch big moves.
## Final Words
This method may seem very ordinary. No high-end quantitative algorithms, no complex derivatives arbitrage.
But it’s this ordinariness that has allowed me to survive the turbulent waves of the crypto market.
In the crypto world, opportunity and risk are always twin brothers. Choosing complexity doesn’t necessarily mean faster profits, but sticking to discipline definitely means longer survival.
And living longer, in itself, is a kind of ability.
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bridgeOops
· 6h ago
Discipline truly outweighs intelligence, there's no doubt about that.
View OriginalReply0
UnluckyMiner
· 6h ago
Discipline > Intelligence, that's a really profound statement. I used to be the kind of fool who would rush in and out on five-minute charts, only to be brutally beaten by the market and question my life.
In the end, I realized that simplicity is truly effective, and complexity is just inviting disaster.
View OriginalReply0
BrokenDAO
· 6h ago
It sounds quite like a survivalist manifesto, but to put it simply, this is an incentive compatibility issue—discipline itself is a mechanism designed to counteract human weaknesses. The problem is that most people simply can't follow through because psychological accounting distorts their perception of risk.
View OriginalReply0
ForkInTheRoad
· 6h ago
Discipline is truly the rarest thing in the crypto world, and this guy is right.
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Five hundred yuan to eight figures, sounds unbelievable but the story is logically consistent, and the key is he didn’t boast about any divine techniques.
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That part about stop-loss really hit home; most people die because they’re afraid to cut.
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I’ve also tinkered with over a dozen indicators, and I only later realized that simplicity is king, saving me a lot of stress.
---
Living a long life is an ability in itself; that’s a brilliant statement. There are many fleeting geniuses in the crypto world.
---
His methodology boils down to one sentence: control your position and stick to discipline; everything else is nonsense.
---
I agree that small coins shouldn’t be touched; those doubling dreams are usually the quickest to die.
---
Honestly, if I hadn’t blown up once or twice in these eight years, I wouldn’t believe it. The biggest test of such stories is the mental resilience to endure.
Eight years ago, I arrived in Shanghai dragging a suitcase, with only 500 yuan in my pocket, but carrying debts of hundreds of thousands. I even had to rely on friends to help cover the rent.
Looking back now, my crypto assets have reached eight figures. But this is definitely not a story of overnight wealth.
This is a "clumsy method" I’ve summarized over eight years through countless stop-losses and reflections.
## From Confusion to Enlightenment
When I first entered the crypto world, I was like most people—obsessed with all kinds of complex indicators, staring at the screen late into the night, rushing in when prices rose, and selling out when prices fell. The result? The more I lost, the more I wanted to double down to recover; the more I tried to recover, the more my account suffered.
That period was truly a vicious cycle. I lost hair by the handful, and my mental state collapsed.
Until one day, I realized a simple truth: this market isn’t short of smart people. What’s truly lacking are those who can stick to discipline.
## Complexity Won’t Kill Me, Simplicity Saved Me
I used to watch over a dozen indicators at once—RSI, KDJ, Bollinger Bands, and various custom combinations. I’d jump in and out on 5-minute charts, trading frequently.
And then? My account kept shrinking, and I felt more and more exhausted.
What actually allowed me to achieve stable profits was the simplest things—daily charts, a single moving average, plus the MACD indicator. Just these three.
Now, my trading interface is so clean it’s almost laughable. No bombardment of countless indicators, no frequent entries and exits. Instead, through this simplification, I’ve survived, and I’m doing pretty well.
What about those big influencers who used to post beautiful profit screenshots on social media? Most of them have long disappeared. The crypto world is never short of stars; what’s missing are the “longevity stars”—those who can survive for a long time.
## My Four-Step Practical System
**Step 1: Pick the target, only look for strong signals**
I only trade the top 20 mainstream coins by market cap. Those small coins that seem to have explosive profits? I completely avoid them.
For entry timing, I only look at one signal: whether the MACD on the daily chart has formed a golden cross above the zero line. Simple and crude, but effective.
**Step 2: Set the position size and stick to it**
For every trade, I pre-calculate the risk position. 2-5% of the account is my bottom line, never exceeding it.
Why so conservative? Because I’ve seen too many stories of people being wiped out by a single heavy position. Smaller positions mean longer survival; longer survival means more chances to make big money.
**Step 3: Set stop-loss and execute mechanically**
This is the hardest step. Because stop-loss means admitting mistakes, and admitting losses of real money.
My approach is: once I enter a trade, the stop-loss is already set. No matter how fierce the market gets or how much I struggle psychologically, I cut at the set point.
Sometimes, after a stop-loss, the price rebounds, and I see my account lose a bit. It’s uncomfortable. But in the long run? This “disciplined stop-loss” has saved me countless times.
**Step 4: Protect profits, take partial profits**
When a position is profitable, I take profits in parts. For example, when profit reaches 20%, I sell 1/3; at 50%, I sell another 1/3; the rest follows the trend.
This way, I can safeguard the principal and early gains, and still catch big moves.
## Final Words
This method may seem very ordinary. No high-end quantitative algorithms, no complex derivatives arbitrage.
But it’s this ordinariness that has allowed me to survive the turbulent waves of the crypto market.
In the crypto world, opportunity and risk are always twin brothers. Choosing complexity doesn’t necessarily mean faster profits, but sticking to discipline definitely means longer survival.
And living longer, in itself, is a kind of ability.