Many people dive headfirst into the cryptocurrency trading circle, and the more they research, the more complicated it feels, ultimately earning less and less.
As for me, I went from thirty thousand in capital to ten million, relying not on insider information or inherent investment talent, but on one secret—making complex things simple and doing simple things to perfection.
The first stage, from thirty thousand to one hundred twenty thousand, took a full two years.
The second stage, from one million two hundred thousand to six million, took only one year.
In the last stage, it took only five months to go from six million to ten million.
The further I go, the more I discover a rule: the speed of making money is often inversely proportional to the number of times you take action.
I have only focused on one shape from start to finish, and that is the N shape.
First, there is a vertical surge, followed by a diagonal pullback, and finally a vertical breakthrough. Once the N shape is formed, I enter the market; if the N shape breaks, I immediately cut my position. No averaging down, no holding onto losing positions, and definitely no leverage. Set the stop-loss at two percent and the take-profit at ten percent; even if the win rate is only thirty-five percent, over the long term you can still win.
Many people think this method is too clumsy; they like to focus on various indicators, draw countless trend lines, and chase news every day. The result? The more clever tricks they try, the faster they lose.
I prefer a simple and crude approach; I only leave a twenty-day moving average on the chart and adjust the color to a lighter shade to avoid various lines disrupting my thoughts. Every morning at nine fifty, I promptly open the exchange and quickly scan the four-hour chart. If there is no N shape, I turn off the computer; if there is an N shape, I set the stop-loss and take-profit orders. The operations for the whole day can be completed in five minutes, and the remaining time can either be spent drinking coffee or walking the dog.
For the money earned, I have a three-step plan. When it reaches one million two hundred thousand, I first withdraw the initial thirty thousand capital; when it reaches six million, I withdraw half to invest in funds and term deposits; the remaining funds continue to roll in the market. This way, even if the market suddenly crashes, my foundation can remain stable.
I only follow three rules in trading. First, do not chase after rising prices; wait until the shape fully emerges before taking action. Second, do not hold onto losing positions; leave immediately once it breaks. Third, do not linger in battles; withdraw your profits in time once you have earned enough.
In the crypto world, there has never been a holy grail that guarantees profits; only a sieve that is constantly filtered. If you filter long enough, the gold that belongs to you will naturally remain.
Stop dreaming about finding a hundred times return coin; if you can consistently earn ten percent profit for twenty times, you'll be surprised to find that ten million is actually just a matter of time.
I have walked through the dark night, and now the torch has been handed to you. This time, it's your turn to shine.
