When I was at my lowest, I was 300,000 U in debt, and even ordering a takeout meal that cost a little over 20 yuan required me to calculate it over and over.
Now my account has reached eight figures, but I still habitually keep meals within 20 yuan. $NEAR
It’s not for show; it’s that people who have been poor remember risk.
Later, I came to believe more and more in one thing: in trading, when everything comes down to it, discipline is more valuable than technique.
Eight years ago, my startup failed, and debt left me gasping for air. At my poorest, I even had trouble affording meals. Later, I immersed myself in the crypto space, obsessively reviewed trades, and used a very simple set of rules to pay off my debt; my account also gradually grew into eight figures. My approach has just four steps:
1. Pick the coin. I only look at the daily MACD golden cross, and it’s more stable if it appears above the zero line. Don’t pile on a bunch of indicators; the more you look at, the more you’ll confuse yourself. $TIA
2. Hold it. Watch the 30-day or 60-day moving average; if the price stays above it, keep holding; if it breaks below, get out. Don’t guess the bottom, don’t stubbornly hold, and don’t make up stories for yourself. A break is a break.
3. Add to the position. Only consider adding if it stands firmly above the moving average and volume is clearly higher than the daily average volume. If there’s no volume, don’t make a move; a breakout without volume is probably a fakeout.
4. Take profit and exit. When it rises 30% to 40%, lock in part of the profit first; when it rises 70% to 80%, trim another batch; once it falls below the moving average, sell everything left. If it unexpectedly breaks below the line the next day, do the same—don’t gamble on luck. Wait until it climbs back above the moving average and volume confirms it, then consider buying back in.
This method isn’t smart, maybe even a bit dumb. But my own experience proves that simple rules can keep you alive. The market doesn’t lack opportunities; what it lacks is the ability to keep your hands still. @鑫鹰说财
Now my account has reached eight figures, but I still habitually keep meals within 20 yuan. $NEAR
It’s not for show; it’s that people who have been poor remember risk.
Later, I came to believe more and more in one thing: in trading, when everything comes down to it, discipline is more valuable than technique.
Eight years ago, my startup failed, and debt left me gasping for air. At my poorest, I even had trouble affording meals. Later, I immersed myself in the crypto space, obsessively reviewed trades, and used a very simple set of rules to pay off my debt; my account also gradually grew into eight figures. My approach has just four steps:
1. Pick the coin. I only look at the daily MACD golden cross, and it’s more stable if it appears above the zero line. Don’t pile on a bunch of indicators; the more you look at, the more you’ll confuse yourself. $TIA
2. Hold it. Watch the 30-day or 60-day moving average; if the price stays above it, keep holding; if it breaks below, get out. Don’t guess the bottom, don’t stubbornly hold, and don’t make up stories for yourself. A break is a break.
3. Add to the position. Only consider adding if it stands firmly above the moving average and volume is clearly higher than the daily average volume. If there’s no volume, don’t make a move; a breakout without volume is probably a fakeout.
4. Take profit and exit. When it rises 30% to 40%, lock in part of the profit first; when it rises 70% to 80%, trim another batch; once it falls below the moving average, sell everything left. If it unexpectedly breaks below the line the next day, do the same—don’t gamble on luck. Wait until it climbs back above the moving average and volume confirms it, then consider buying back in.
This method isn’t smart, maybe even a bit dumb. But my own experience proves that simple rules can keep you alive. The market doesn’t lack opportunities; what it lacks is the ability to keep your hands still. @鑫鹰说财