After working in the crypto world for 5 years, I have seen too many people's dreams of getting rich suddenly shatter. The bear market in 2022 consumed all the profits I had made before; it was then that I truly understood a principle: surviving in this market is 1000 times more important than making a big profit in one go.



After that, I made a decision - to throw away all the flashy indicators and give up the habit of blindly guessing the market. I focused solely on two of the simplest and most straightforward methods. What was the result? In my most recent operation, I started with 1,200 dollars and in 4 weeks, I rolled it up to 72,000, with a return rate of 60 times. This wasn't achieved through leveraged operations like a reckless gambler, but rather with two words: discipline.

Today I will lay out these two sets of "foolish methods" to see if they can help you avoid some detours.

**First Set: Follow the Trend, Don't Predict the Market**

90% of losses come from a bad habit - always thinking about bottom-fishing and top-ticking. When it drops 20%, you rush to bottom-fish; when it rises 30%, you hurry to short. What’s the result? Often, the bottom is still below, and the top hasn’t been reached yet. Bottom-fishing halfway, shorting at the foot of the mountain, getting harvested back and forth.

My change is to switch from "predicting" to "waiting for confirmation." No matter how impressive an analyst is, predictions are never accurate, so why should I still predict? It's better to spend time waiting and confirming.

How to operate? When mainstream coins oscillate repeatedly within a certain price range, I don't rely on my instincts to enter the market, but instead, I closely monitor two signals: either a strong breakout above the upper boundary, maintaining that position for 3 days without looking back; or a valid breakdown below the lower boundary, forming a new downward trend. Once the market determines its direction, I will then enter with a small position to follow.

For example, when this round of market started, I waited until the price broke through the 100,000 threshold and stabilized at that position before daring to enter the market. What are the benefits of doing this? The risks are clear, and the stop-loss point is also defined. Once it falls back below the breakout point, I will cut losses and exit directly, without any emotional attachment.

**Second Set: Fixed Position Management, Locking in Risks**

There are times when market analysis can be wrong, so the second approach is to use "dead rules" to control risk.

I always enter the market with a fixed position size, such as 5% or 10% of the total capital, and never exceed that. When entering, I also set a stop-loss point—usually 2-3% below the breakout level. This way, if I misjudge, the single loss is locked in at 0.5%-1% of the total capital, which is completely manageable.

The key is to be patient. A 60-fold return is not built up by just one or two trades. My approach is that as long as the trend is still there, I continue to follow with a fixed position each time and set a stop-loss every time. If I make a mistake once, I lose 0.5%, right? Then if I make 3-5 more trades, I can make up for it. But if I go all in at once, a single mistake could lead to a devastating loss.

In 4 weeks, it went from 1200 to 72,000, which seems outrageous, but in reality, it's the result of repeatedly applying these two sets of rules. Trend following prevents me from trading blindly in turbulent waters; position discipline ensures that even if I make a wrong judgment, I won't perish.

Simply put, this market does not lack smart people; what it lacks are those who can stick to this "foolish method." Because 99% of people want to go all in when they see a 20% rise and are scared to cut losses when they see a 10% drop. Only those who can follow the rules and are not bound by emotions can survive through repeated trends and make it to the end, to the harvest time.

I don't ask for you to get rich overnight, I just ask for you to stay alive.
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
  • 7
  • Repost
  • Share
Comment
0/400
TradingNightmarevip
· 7h ago
The key is to be alive.
View OriginalReply0
GateUser-0717ab66vip
· 7h ago
All in is the winner
View OriginalReply0
SleepyArbCatvip
· 7h ago
Position control is fundamental
View OriginalReply0
PumpDetectorvip
· 7h ago
Discipline is the lifeline.
View OriginalReply0
FloorSweepervip
· 7h ago
Indeed, bro.
View OriginalReply0
FallingLeafvip
· 7h ago
Discipline is life.
View OriginalReply0
TokenomicsShamanvip
· 8h ago
Living is more important than All in.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)