There is a characteristic in the crypto world: casual chatting is rare, and every sentence is a lesson learned through real money and bloodshed.



Open the records of active crypto friends' exchanges, and you'll find a pattern—there's almost no trivial household chatter; all discussions revolve around three main topics: how to avoid pitfalls without losing money, ways to make a profit, and where to find opportunities.

After experiencing countless liquidations and missed opportunities, I have summarized the five most frequently discussed topics in the crypto circle. These are practical insights gained from lessons learned, shared in hopes of helping everyone avoid some pitfalls in this magnificent market.

**Category One: Actionable Tips You Can Use Immediately**

The crypto community despises armchair strategizing. Whenever someone asks "how to find coins with strong backing," knowledgeable people will discuss in great detail.

The most basic approach is to look at the "Top 10 gainers in the past 10 days" and the "Elimination list of coins that have fallen for 3 consecutive days"—these are entry-level tactics. But the core principle lies in the 24-hour turnover rate—any coin with a rate below 5% should be directly passed over; major players won't waste time on projects with such poor liquidity.

When it comes to finding entry points, the 60-day moving average is a standard tool. However, there's a detail many overlook: on the daily chart, after setting the MA parameter to 60, you also need to see if the trading volume has increased by more than 50% compared to the previous day, and the candlestick must close bullish. That’s the true entry signal.

The recent SOL surge was exactly like this. When the price approached the 60-day MA, the trading volume surged by 70% compared to the previous day. I immediately built a 20% position, and later caught a 20% gain. Such details are the essence of practical trading.

**Category Two: Data-Driven Methods to Follow Market Hotspots**

Discussing market trends isn't about shouting "bull market is coming" blindly; it requires specific data support.

When group members debate whether "BTC can reach 110,000," I directly open on-chain data tools to check exchange holdings—this is much more reliable than just looking at charts.
SOL-1.46%
BTC-1.73%
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
  • 6
  • Repost
  • Share
Comment
0/400
liquidation_surfervip
· 01-07 07:50
It's the same old story. The advice is quite correct, but 99% of people still get cut by the big players. I've tried the 60-day moving average method, and it does work, but I just can't stick to it—whenever it starts to rise, I get too excited. The ones who really make money keep quiet; only those losing money are teaching in the groups.
View OriginalReply0
ShortingEnthusiastvip
· 01-07 05:52
The 60-day moving average is indeed very useful, but the key is to stay disciplined. --- Damn, I missed out on that SOL wave. Greed is the culprit. --- Skip anything with a turnover rate below 5%. That was a painful lesson for me. --- Data is the real boss. Anyone shouting about a bull market without data should be silenced. --- Only move when trading volume increases by 50%. Sounds simple, but actually doing it is really hard. --- On-chain data > candlestick charts. If you're still trusting charts these days, you really need to wake up. --- Details determine life or death. The crypto world is this cruel. --- Holding 20% of your position and gaining 20% profit. Steady traders never rush to make money. --- Every lesson learned with money. This sentence hit me right in the heart. --- I just want to know why so many people are still trading based on feelings.
View OriginalReply0
AltcoinTherapistvip
· 01-07 05:44
The 60-day moving average setup is indeed not nonsense, I really respect this. --- The lesson from liquidation is the most expensive, there's no doubt about that. --- Skip if the turnover rate is below 5%, I need to remember this move. --- SOL's 20% position in that wave directly made a profit, the details really saved my ass. --- On-chain data is the real key, without looking at this, you're just talking nonsense about a bull market. --- Every lesson learned from throwing money at each sentence, that's the truth in the crypto world. --- I TM just overlooked the detail of trading volume, lost everything to my grandma's house. --- The 50% volume increase and bullish candle signal is very reliable, I must operate like this next time. --- Still, you need to hang out with knowledgeable people; talking on paper gets no one anywhere. --- The exchange holdings are obvious at a glance, more reliable than watching charts every day.
View OriginalReply0
FancyResearchLabvip
· 01-07 05:35
Another bunch of operational details that are "theoretically feasible." I'll try out this smart trap first.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)