Having been in the crypto world for ten years, I've seen overnight wealth and instant zero. Today, I won't talk about any profound theories; I'll just share a heartfelt set of 'stupid methods' that have allowed me to survive and thrive. The core idea of this method is summed up in one sentence: in the crypto world, those who survive the longest are often not the smartest, but the most disciplined.
My 'Stupid Method' Core Four Moves
1. Pattern? I only recognize the dead truth: 'N-shaped' trend
What head-and-shoulders bottom, round top, I never look at. In my eyes, there is only one pattern: strong rise → volume reduction pullback → volume breakout. This is the 'N-shaped' pattern, the most basic and effective language of the market.
How to use it? Wait for the coin price to rise with volume (first signal), then start to decline with low volume (second signal). Once a strong bullish candle appears again at a key position (like near the 20-day line) and breaks the small high points during the retracement, that's my entry signal.
Where's the key? Never 'guess the bottom' in advance. Confirm the trend before following it; although the buying price may not be the lowest, it brings peace of mind. If the pattern deteriorates or there’s a false breakout, I will immediately cut my position and leave; I will never average down or hold onto it.
2. Risk control? I just follow two iron rules.
My stop-loss and take-profit strategy is simple to the point of being laughable: stop loss at 2% loss, take profit at 10% by taking half.
Why 2%? This is the psychological limit at which I can calmly accept losses. A clean cut won't hurt the core, and my mindset won't collapse.
Why 10%? There are too many temptations in the crypto space; 10% is to give myself a definite reward and secure some profits. Set a trailing stop for the remaining half position to let profits run a bit longer. Theoretically, even if you only have a 35% win rate, you can still win with this risk-reward ratio. But 99% of people can't do it; they always want to hold until breaking even or making more, resulting in losses.
3. Watching the market? I only look at one moving average line.
On my chart, there is only a faintly colored 20-day simple moving average (SMA). Why lighten it? To prevent myself from imagining various 'support' and 'resistance' scenarios.
My usage: Every morning, I spend 5 minutes glancing at the 4-hour charts of mainstream coins. Only if the price is above the 20-day line and the line is moving upward will I consider the 'N-shaped' opportunities mentioned above. If there is a signal, I'll place an order; if not, I'll simply shut down the computer. Trading should be an embellishment to your life, not everything.
4. Profit? I must do one thing: withdraw cash.
This is the most important thing I want to tell my brothers: the money you earn must be turned into real money.
When my account grew from 100,000 to 1,200,000, the first thing I did was withdraw the initial 100,000. From then on, everything in the market was profit.
When the profit rolled to 6,000,000, I decisively withdrew half and bought some gold and stable investments.
What stays in the market must always be money you can 'afford to lose.' Only then can you maintain a calm judgment.
Brother Bin's heartfelt words
Brothers, don't always think about catching every wave; that's what gods do, not humans. The real opportunities that can turn your fortunes may only come once or twice a year, ones you understand and dare to bet on.
What the crypto space lacks is 'smart people'; they study dozens of indicators every day, chasing every hot topic, often contributing tuition to the market. I've blown up accounts and missed out, only to realize that being a bit 'dumb' and slower actually leads to the most stable and farthest journey. Follow Brother Bin to learn more firsthand information and precise points in the crypto space, becoming your navigation in the crypto world; learning is your greatest wealth!#加密市场反弹 #以太坊L2如何发展？ $ETH
