Having been involved in the crypto world for 8 years, my account finally grew to 6 million. Honestly, it's not because I'm particularly clever, but entirely due to the lessons learned from losses.
Take the RVV coin as an example. In the early days, I operated blindly, throwing in over 200,000 yuan just to pay tuition. Since then, every seemingly simple trading rule I follow is backed by real money and hard lessons.
When I first entered the scene, like most retail investors, I would get itchy whenever the market moved slightly. I was constantly watching RVV, frequently entering and exiting trades, either taking profits too early or getting liquidated outright.
After enough setbacks, I gradually developed 5 strict rules:
1. Only choose coins with historical price data, especially those like RVV where the monthly MACD shows a bullish crossover. Avoid those stagnant, sideways coins that look dead.
2. Only consider buying or selling when the price retraces to the 60-70 day moving average. When the price touches this level with moderate volume, it's a good opportunity to add positions. If it falls below, you must exit immediately, no matter how reluctant.
3. Take profits in stages. Sell half when gains reach 30% to lock in profits, and reduce some positions again at 50%. Greed often leads to big losses if you try to squeeze the last bit.
4. If the 70-day moving average breaks, exit the position. This rule has saved me countless times from deep losses and forced me to hold on.
5. Never engage in flashy, complicated strategies. The ones that last are always simple rules that are easy to stick to.
That's how the crypto market works—more complicated strategies tend to lead to more pitfalls. The ones who can truly go the long haul are those who stick to straightforward, honest rules.
Rather than dreaming of a big turnaround, it's better to stick to principles and wait for opportunities. Patience will eventually be rewarded by the market. My current steady gains are actually the result of these hard-earned lessons.
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RugPullAlarm
· 6h ago
6 million? Looks good, but I'm more concerned about the on-chain address concentration of the RVV token. In the early days, putting 200,000 in and not running away was considered good luck.
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LucidSleepwalker
· 6h ago
The tuition fee of over 200,000 is what I paid, which is why I can't help but laugh when I see those overnight wealth claims now.
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MEVHunterWang
· 6h ago
The blood and tears paid for with over 200,000 in tuition fees—this is the real lesson learned.
Speaking of which, the 70-day moving average is truly amazing; it has saved me many times.
Simple and straightforward is the strongest weapon. Too many people in the crypto circle try to overtake on curves and end up crashing.
You're absolutely right; patience is really more valuable than any technical analysis, but it's hard to stick to.
However, speaking of which, I feel these 5 rules also need to be used in conjunction with the market trend. During sideways trading, this set really doesn't work.
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阿良玩币
· 6h ago
Fuck him
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NightAirdropper
· 6h ago
Things learned after paying over 200,000 in tuition fees, sounds valuable
Really, I need to remember the phased take-profit strategy well, or I’ll end up losing everything after greed takes over each time
Breaking the 70-day moving average and then exiting is easy to say but hard to do. I guarantee I’ll get caught multiple times before I can truly execute
Simple rules test people the most because they can get boring and make you want to come up with tricks
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MoonRocketTeam
· 6h ago
6 million was squeezed out, I respect that. The 70-day moving average theory bought with 200,000 tuition fees is basically rocket fuel hammered out with real gold and silver. Without obsession and madness, you don't deserve to play this game.
Having been involved in the crypto world for 8 years, my account finally grew to 6 million. Honestly, it's not because I'm particularly clever, but entirely due to the lessons learned from losses.
Take the RVV coin as an example. In the early days, I operated blindly, throwing in over 200,000 yuan just to pay tuition. Since then, every seemingly simple trading rule I follow is backed by real money and hard lessons.
When I first entered the scene, like most retail investors, I would get itchy whenever the market moved slightly. I was constantly watching RVV, frequently entering and exiting trades, either taking profits too early or getting liquidated outright.
After enough setbacks, I gradually developed 5 strict rules:
1. Only choose coins with historical price data, especially those like RVV where the monthly MACD shows a bullish crossover. Avoid those stagnant, sideways coins that look dead.
2. Only consider buying or selling when the price retraces to the 60-70 day moving average. When the price touches this level with moderate volume, it's a good opportunity to add positions. If it falls below, you must exit immediately, no matter how reluctant.
3. Take profits in stages. Sell half when gains reach 30% to lock in profits, and reduce some positions again at 50%. Greed often leads to big losses if you try to squeeze the last bit.
4. If the 70-day moving average breaks, exit the position. This rule has saved me countless times from deep losses and forced me to hold on.
5. Never engage in flashy, complicated strategies. The ones that last are always simple rules that are easy to stick to.
That's how the crypto market works—more complicated strategies tend to lead to more pitfalls. The ones who can truly go the long haul are those who stick to straightforward, honest rules.
Rather than dreaming of a big turnaround, it's better to stick to principles and wait for opportunities. Patience will eventually be rewarded by the market. My current steady gains are actually the result of these hard-earned lessons.