The year I entered the crypto world, it was during the most疯狂 market times. Watching people around me take turns sharing profit screenshots, some hyping hundredfold coins, others dreaming of thousandfold returns, I was tossing and turning every night—various MACD, RSI, Bollinger Bands and the like, all Greek to me.
So I gave up the idea of becoming a technical master and instead devised a set of "three no's" strategies: no chasing highs and selling lows, no touching small coins, no obsession with overnight riches. And what was the result? The initial capital of 3,000U grew to 24,000U, an eightfold increase.
Those "gurus" who stayed up every day drawing lines, ended up losing everything.
Today, I will clearly explain these seemingly crude but truly life-saving dumb methods one by one.
**First: Only enter the market when the trend is upward. Never try to bottom-fish or catch the top**
I hold a simple principle: the trend is the most reliable partner. I never expect to precisely buy at the lowest or sell at the highest.
My approach is so simple it might be embarrassing: wait until the trend is clearly upward, then take out only 3% of the principal to test the waters. For example, if Bitcoin stabilizes above the MA60 on the 4-hour chart and trading volume gradually increases, then I consider entering manually.
It may sound a bit silly, right? After all, this might cause me to miss out on the profit from the bottom rebound. But precisely this "silliness" has helped me avoid countless traps of false rebounds. Many coins seem poised to rebound but are actually just consolidating in a downtrend. Those eager to bottom-fish often end up hanging around halfway up the mountain.
**Second: When the market takes off, add to your position in batches, but never go all-in**
Once the trend is confirmed to explode and market sentiment starts to stir, I will add to my position in batches, controlling each addition to within 20% of my capital.
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POAPlectionist
· 5h ago
Honestly, I've heard this logic too many times, but indeed some people make money with it, while others still lose even when they follow it. The key is to stick to it.
People trying to bottom fish are indeed more likely to get caught, but I still think trying 3% for a test is a bit conservative.
Hitting eight times the profit is impressive, but starting with only 3,000 USD in capital makes this multiplier look intimidating but actually quite manageable.
Trend trading may sound silly, but in reality, it's the most stable approach. That's exactly what I'm doing now.
Most of the so-called drawing experts are really unlucky, as technical analysis is full of pitfalls.
Gradually adding to positions is definitely more reliable than going all-in at once, but the problem is most people simply can't control themselves from adding.
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MEVHunter
· 5h ago
Hmm... The 3% testing and 20% adding positions are actually just optimizing the mempool monitoring logic before gas fee optimization. Waiting for the trend to be clear before taking action is like avoiding sandwich attacks and being lured into more trades. To put it simply, it's still a risk management and arbitrage space issue. I actually want to see how his on-chain data performs.
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ReverseTradingGuru
· 5h ago
Hey, really? Those who watch K-lines every day actually lose money badly. This guy's 8x returns are indeed impressive.
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ConsensusDissenter
· 5h ago
Those who try to bottom out all die halfway up the mountain. I've heard this too many times. The key question is, can anyone really change this problem?
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MEVHunterZhang
· 5h ago
Hey, I feel like this logic is kind of talking about me... Not chasing the rise and killing the fall has really saved me many times. How are those guys who watch K-line charts every day doing now?
Stupidly execute, steadily earn.
The year I entered the crypto world, it was during the most疯狂 market times. Watching people around me take turns sharing profit screenshots, some hyping hundredfold coins, others dreaming of thousandfold returns, I was tossing and turning every night—various MACD, RSI, Bollinger Bands and the like, all Greek to me.
So I gave up the idea of becoming a technical master and instead devised a set of "three no's" strategies: no chasing highs and selling lows, no touching small coins, no obsession with overnight riches. And what was the result? The initial capital of 3,000U grew to 24,000U, an eightfold increase.
Those "gurus" who stayed up every day drawing lines, ended up losing everything.
Today, I will clearly explain these seemingly crude but truly life-saving dumb methods one by one.
**First: Only enter the market when the trend is upward. Never try to bottom-fish or catch the top**
I hold a simple principle: the trend is the most reliable partner. I never expect to precisely buy at the lowest or sell at the highest.
My approach is so simple it might be embarrassing: wait until the trend is clearly upward, then take out only 3% of the principal to test the waters. For example, if Bitcoin stabilizes above the MA60 on the 4-hour chart and trading volume gradually increases, then I consider entering manually.
It may sound a bit silly, right? After all, this might cause me to miss out on the profit from the bottom rebound. But precisely this "silliness" has helped me avoid countless traps of false rebounds. Many coins seem poised to rebound but are actually just consolidating in a downtrend. Those eager to bottom-fish often end up hanging around halfway up the mountain.
**Second: When the market takes off, add to your position in batches, but never go all-in**
Once the trend is confirmed to explode and market sentiment starts to stir, I will add to my position in batches, controlling each addition to within 20% of my capital.