Someone asked me about the tips for choosing coins and making trades in the crypto market. Honestly, there are no tricks—it's all the bloody lessons learned from losing money one by one over the past eight years.
When I first got into this industry, I was as stupid as most newbies. I would chase after the top gainers, afraid of missing the next 100x. The result? My principal was halved, my account shrank, and I finally realized how deadly chasing high entries can be. Looking back now, those impulsive moments were just paying tuition fees.
Later, I learned to select coins by looking at the top gainers—coins that haven't gained much are usually not very active and unlikely to improve later. Instead of betting on cold coins, it's better to focus on assets with high market heat.
The key turning point was abandoning the bad habit of obsessing over short-term K-line charts. Now I mainly look at the monthly MACD; when a golden cross appears, I enter the market, and if there’s no signal, I stay in cash. Short-term fluctuations are traps; the long-term trend is the real gold mine. Don’t listen to those nonsense about "bouncing back every dip"—the probability is too low to be worth it.
The 70-day moving average is my red line for adding positions. When the price retraces to this level and trading volume increases, I add to my position directly. When the signal is confirmed, I act; if not, I keep waiting—this disciplined patience is more valuable than anything.
The biggest taboo after entering the market is greed. If the upward trend stabilizes, hold on; if it breaks key support levels, close the position immediately. Too many people fall into the trap of "waiting for a rebound," turning their initial profits into losses in the end.
Profit-taking also requires rhythm—take half off at 30% gains, and another half at 50%. Even if I occasionally make mistakes, I don’t panic—there are plenty of opportunities in the crypto market.
But the most fundamental rule is this: once the 70-day moving average is broken, you must exit. This is my bottom line for survival. No matter how long you've held your position or how reluctant you are, if the line breaks, get out. Don’t fight the trend.
Honestly, the difference between people who make money and those who lose in crypto isn’t much—it's all about discipline. Sticking to simple rules is far more effective than learning fancy tricks. Most people aren’t lazy—they just haven’t found the right light. The market is always there, opportunities are always present—it's all about whether you follow the right mindset.
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StealthMoon
· 01-07 13:45
That's so true, discipline is the key, and our industry relies on execution power to survive.
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DAOdreamer
· 01-04 14:55
The 70-day moving average is really a lifesaver. I broke it once and didn't follow it, and now I still regret it.
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bridgeOops
· 01-04 14:51
Eight years of losing experience, to put it simply, is losing without discipline; only with discipline can you survive. I also use the 70-day moving average strategy, and it really works.
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GasFeeCrier
· 01-04 14:50
Discipline is more valuable than skill, there's really no wrong saying that... It's just that in execution, it's still easy to be dragged down by emotions.
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CryptoSourGrape
· 01-04 14:43
Uh... if I hadn't chased that 300% surge back then, I wouldn't be so bitter now. I would have been financially free long ago.
Someone asked me about the tips for choosing coins and making trades in the crypto market. Honestly, there are no tricks—it's all the bloody lessons learned from losing money one by one over the past eight years.
When I first got into this industry, I was as stupid as most newbies. I would chase after the top gainers, afraid of missing the next 100x. The result? My principal was halved, my account shrank, and I finally realized how deadly chasing high entries can be. Looking back now, those impulsive moments were just paying tuition fees.
Later, I learned to select coins by looking at the top gainers—coins that haven't gained much are usually not very active and unlikely to improve later. Instead of betting on cold coins, it's better to focus on assets with high market heat.
The key turning point was abandoning the bad habit of obsessing over short-term K-line charts. Now I mainly look at the monthly MACD; when a golden cross appears, I enter the market, and if there’s no signal, I stay in cash. Short-term fluctuations are traps; the long-term trend is the real gold mine. Don’t listen to those nonsense about "bouncing back every dip"—the probability is too low to be worth it.
The 70-day moving average is my red line for adding positions. When the price retraces to this level and trading volume increases, I add to my position directly. When the signal is confirmed, I act; if not, I keep waiting—this disciplined patience is more valuable than anything.
The biggest taboo after entering the market is greed. If the upward trend stabilizes, hold on; if it breaks key support levels, close the position immediately. Too many people fall into the trap of "waiting for a rebound," turning their initial profits into losses in the end.
Profit-taking also requires rhythm—take half off at 30% gains, and another half at 50%. Even if I occasionally make mistakes, I don’t panic—there are plenty of opportunities in the crypto market.
But the most fundamental rule is this: once the 70-day moving average is broken, you must exit. This is my bottom line for survival. No matter how long you've held your position or how reluctant you are, if the line breaks, get out. Don’t fight the trend.
Honestly, the difference between people who make money and those who lose in crypto isn’t much—it's all about discipline. Sticking to simple rules is far more effective than learning fancy tricks. Most people aren’t lazy—they just haven’t found the right light. The market is always there, opportunities are always present—it's all about whether you follow the right mindset.