Having been trading in the crypto space for nearly ten years, my deepest insight is—people who make money are not relying on luck, but on execution ability.



Many newcomers ask me how to choose coins and how to place orders. Honestly, the methods are not that complicated; in fact, the more complex systems are more prone to failure. The tools I use are very basic, but it is these fundamentals that distinguish those who make money from those who lose money.

What is the most common mistake? When the market slightly rises, some get impulsive and go all-in, leading to liquidation after a series of trades. I used to do this foolish thing too. Later, I realized that this approach is playing financial games with a gambler’s mentality.

After several cycles of exploration, I summarized a few practical rules:

**The first step in choosing coins—only look at those with capital inflow.** Coins on the gainers list are essentially those already attracting large funds. Coins with no activity, no matter how cheap, should be avoided because without popularity, there’s no opportunity.

**Don’t get caught up in candlestick charts when analyzing indicators.** Directly look at the monthly MACD; enter when a golden cross appears, and stay out if there’s no golden cross. Don’t gamble on rebounds—that’s a gambler’s game.

**Treat the 70-day moving average as a lifeline.** Keep a close eye on this line daily. Once the price retraces to this line with volume signals, I dare to add positions. If there’s no signal, continue waiting and don’t act prematurely.

**Don’t hold on to trades after entering.** If the price falls below the established support line, exit immediately. Many people go from making money to losing money because they can’t bear to sell, always hoping for a rebound, but end up deep in a trap.

**Take profits in stages.** Sell half after earning 30%, and sell the remaining half after earning 50%. The mentality of trying to eat everything in one bite will ultimately backfire.

**The last key is survival.** As long as the price falls below the 70-day moving average, no matter how much you could have earned, exit immediately. Don’t fight the market, don’t gamble with your life—this is why I’ve been able to stick to this for so many years.

The logic of the crypto world is actually simple— the easier it is to execute, the better. Those who think about turning things around every day ultimately make money through discipline and emotional management. There are no other secrets.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
TokenRationEatervip
· 01-19 19:11
There's nothing wrong with that; execution is indeed the truth. Those who spend every day researching fancy tricks don't earn as much as those who honestly focus on the 70-day moving average.
View OriginalReply0
ChainMemeDealervip
· 01-18 03:29
That's right, it's discipline. I used to go all-in impulsively before, and now I see it as a joke. Let's digress a bit, I also use the 70-day moving average strategy, but the key is not to be greedy; selling at the right moment is the hardest. Simple methods that can be used for ten years and still keep you alive are really rare. Most people die because of the desire to get rich quickly. This system is reliable, but those who execute it must withstand psychological torment; not everyone can do it. Honestly, making money in the crypto world is not difficult; what's difficult is controlling your own desires.
View OriginalReply0
CoffeeOnChainvip
· 01-17 08:54
Sounds good, but I still have to say that the stuff told by a ten-year veteran is mostly not executable by beginners. The key is still mindset; when it comes to losing money, everyone wants to turn the tide in an instant.
View OriginalReply0
NFTHoardervip
· 01-17 08:54
You're right, execution is really everything. I'm just the greedy type, always wanting to get a little more, and as a result, I often get caught. I've noted the 70-day moving average, I need to change this gambler's mentality of mine.
View OriginalReply0
SigmaBrainvip
· 01-17 08:54
Exactly right, it's all about discipline and mindset. I used to go all-in impulsively, but now I keep a close eye on the 70-day moving average. Truly, the longer you stay alive, the more you earn.
View OriginalReply0
Gm_Gn_Merchantvip
· 01-17 08:52
To be honest, I've heard this kind of talk too many times. The key is whether one can truly practice self-discipline... Most people fail at the hurdle of greed.
View OriginalReply0
SchrodingersFOMOvip
· 01-17 08:51
That's right, execution is the key. I'm the kind of fool who gets entangled in K-line analysis to the point of liquidation. Now I finally understand what it means to follow discipline.
View OriginalReply0
ServantOfSatoshivip
· 01-17 08:46
That's very true, execution is indeed the key. I've seen too many people die because of greed, unwilling to take profits according to the plan.
View OriginalReply0
zkProofGremlinvip
· 01-17 08:24
That's right. Over ten years, this execution system has indeed been the only way to survive. What I fear most are those who study mysterious indicators every day, only to lose everything in a sudden crash.
View OriginalReply0
View More
  • Pin