After $BTC 8 years of crypto trading, I’ve made money and lost money. The fact that I still have these 6 million left isn’t because I’m better than anyone else—it’s simply because I’ve taken enough hard, painful knocks along the way.
When choosing coins, I start with the gainers list. I only look at coins with trading volume and investor interest. I don’t have the patience to wait for ones that have been flat for ages. And I don’t blindly chase coins that have already surged—I first check whether there’s a suitable entry point.
I use the monthly MACD to gauge the trend. If the bigger picture doesn’t look good, I won’t go in heavily. Short-term price swings can easily throw you off, so I first get a clear read on the trend, then look for opportunities. $AKE
I keep a close eye on the 70-day moving average. When the price pulls back to a key moving average, I look at volume and price action to see whether there’s support below. If the signal isn’t clear, I keep waiting. Don’t rush to buy the dip just because you see a price drop.
Before entering a trade, I decide how I’ll exit. If the price breaks below a key level, I cut my losses—no fuss. I consider reducing my position once I’m up 30%, and taking profits in stages when it’s up 50%. The specifics still depend on market conditions; don’t obsess over selling at the very top. $ETH
My biggest bad habit used to be wanting to make more after a win, and refusing to walk away after a loss. I’d keep trading until I’d given all my profits back to the market. These days, I keep it simple: if I don’t understand it, I don’t trade; if the conditions aren’t right, I wait; if my stop-loss is triggered, I’m out.
After all these years trading crypto, my biggest takeaway is simple: making money takes skill; keeping it takes discipline. Don’t always expect to turn things around with one big trade. Sticking faithfully to a set of rules is far more useful than learning one indicator today and switching strategies tomorrow.
When choosing coins, I start with the gainers list. I only look at coins with trading volume and investor interest. I don’t have the patience to wait for ones that have been flat for ages. And I don’t blindly chase coins that have already surged—I first check whether there’s a suitable entry point.
I use the monthly MACD to gauge the trend. If the bigger picture doesn’t look good, I won’t go in heavily. Short-term price swings can easily throw you off, so I first get a clear read on the trend, then look for opportunities. $AKE
I keep a close eye on the 70-day moving average. When the price pulls back to a key moving average, I look at volume and price action to see whether there’s support below. If the signal isn’t clear, I keep waiting. Don’t rush to buy the dip just because you see a price drop.
Before entering a trade, I decide how I’ll exit. If the price breaks below a key level, I cut my losses—no fuss. I consider reducing my position once I’m up 30%, and taking profits in stages when it’s up 50%. The specifics still depend on market conditions; don’t obsess over selling at the very top. $ETH
My biggest bad habit used to be wanting to make more after a win, and refusing to walk away after a loss. I’d keep trading until I’d given all my profits back to the market. These days, I keep it simple: if I don’t understand it, I don’t trade; if the conditions aren’t right, I wait; if my stop-loss is triggered, I’m out.
After all these years trading crypto, my biggest takeaway is simple: making money takes skill; keeping it takes discipline. Don’t always expect to turn things around with one big trade. Sticking faithfully to a set of rules is far more useful than learning one indicator today and switching strategies tomorrow.