Over the past ten years in the crypto world, from losing money to nearly having a mental breakdown, and then to making stable profits every year, I’ve taken many detours along the way. Looking back now, making money isn’t that complicated; the key is to stick to these bottom lines and routines:
**First Trick: Keep Your Fingers Steady** If you haven't seen the pattern you've repeatedly verified appear, better to stay bearish than to act blindly. Just like playing mahjong, don’t participate in a game where you’re not confident; this way, you can last longer. Hot coins like $PEPE can easily make people impulsive, but impulsiveness is often the start of losses.
**Second Trick: The Truth Comes at Night** During the day, news is everywhere, and the market seems crazy. After 9 PM, the big players finish their meals, and the order book gradually reveals their true intentions. Many times, the daytime fluctuations are just false signals.
**Third Trick: Take Profits When Ready** Immediately take a portion of your profits to secure them, for example, if you earn 1500U, transfer 500 to your bank card. I’ve seen too many people make six-figure profits and still want to double them, only to lose everything in the final pullback, even losing their principal.
**Fourth Trick: Equip Yourself with Decision Tools** Download TradingView, and every time you open a position, check three signals: MACD golden/death cross, RSI exceeding 70 or dropping below 30, and whether Bollinger Bands are tightening or widening. It’s not about how good the skin looks, but truly helping you avoid risks.
**Fifth Trick: Be Flexible with Stop-Losses** While sitting in front of your computer, if you make 200U, move your stop-loss up by 100U to protect profits continuously. But once you leave the computer, like going out for a walk, set a hard stop-loss at 5% to prevent the market makers from dumping at night.
**Sixth Trick: Weekly Profit Withdrawal** No matter how much you earn, transfer 30% of your weekly gains to your bank account every weekend. This habit helps you genuinely feel whether you are making money or not.
**Seventh Trick: Match Your Time Frame** If you want quick profits, look at the 1-hour chart, but it’s easy to get shaken out by volatility; for more stability, switch to the 4-hour chart to find support levels—just like looking at a map for an exit.
**Deadly Pitfall:** Don’t use leverage over 10x; for beginners, 3x is enough to practice. Some altcoins are just tools to harvest retail investors. Don’t make more than 3 trades a day; if you get addicted to this habit, it means your strategy has a problem.
Final words—The more Zen-like a trader is, the fatter their pocket. This has been my deepest insight over these years.
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.
11 Likes
Reward
11
10
Repost
Share
Comment
0/400
ApeWithNoChain
· 01-10 11:45
Well said, especially the move at night. 99% of the daytime rebounds are just the manipulators诱多, and around 5 PM in the afternoon is the real direction.
View OriginalReply0
MEVvictim
· 01-10 08:17
Oh dear, it's the same old story, but I've definitely stepped into quite a few pitfalls.
View OriginalReply0
MEV_Whisperer
· 01-10 06:17
Wow, that advice to take profits when you're ahead really hit home. I'm that kind of fool who makes six figures and still wants to double it. Now I'm broke.
View OriginalReply0
StakeOrRegret
· 01-07 12:39
You're so right, having steady fingers is really the first hurdle. I used to get wiped out on PEPE; one message and I would go all-in. Looking back, it still makes me nervous.
View OriginalReply0
FlashLoanPrince
· 01-07 12:39
This guy is right. Being bearish is better than acting blindly. I just got caught out because I was too itchy to trade.
View OriginalReply0
LeekCutter
· 01-07 12:38
Oh my, the third move really hit the mark. I've seen too many stories of six-figure dreams shattering...
View OriginalReply0
SandwichTrader
· 01-07 12:37
You have to keep an eye on the market even when walking the dog. This job really isn't for humans, haha.
View OriginalReply0
LiquiditySurfer
· 01-07 12:32
Really, I truly understand the feeling of weekly profit sharing. Not taking it into your pocket is just self-deception; no matter how beautiful the account balance looks, it's just an illusion.
View OriginalReply0
CryptoPhoenix
· 01-07 12:26
It's the same old rhetoric... So easy to say, but how many can truly stick to discipline? I am a living example of the opposite.
After experiencing a midnight liquidation, I realized that Zen-like acceptance is really the last luxury.
View OriginalReply0
LootboxPhobia
· 01-07 12:22
Holding steady with this one is truly amazing. I used to be impatient, rushing whenever I saw PEPE rise, but I ended up getting trapped badly... Now I've learned to be patient, and instead, I have income every month.
Over the past ten years in the crypto world, from losing money to nearly having a mental breakdown, and then to making stable profits every year, I’ve taken many detours along the way. Looking back now, making money isn’t that complicated; the key is to stick to these bottom lines and routines:
**First Trick: Keep Your Fingers Steady**
If you haven't seen the pattern you've repeatedly verified appear, better to stay bearish than to act blindly. Just like playing mahjong, don’t participate in a game where you’re not confident; this way, you can last longer. Hot coins like $PEPE can easily make people impulsive, but impulsiveness is often the start of losses.
**Second Trick: The Truth Comes at Night**
During the day, news is everywhere, and the market seems crazy. After 9 PM, the big players finish their meals, and the order book gradually reveals their true intentions. Many times, the daytime fluctuations are just false signals.
**Third Trick: Take Profits When Ready**
Immediately take a portion of your profits to secure them, for example, if you earn 1500U, transfer 500 to your bank card. I’ve seen too many people make six-figure profits and still want to double them, only to lose everything in the final pullback, even losing their principal.
**Fourth Trick: Equip Yourself with Decision Tools**
Download TradingView, and every time you open a position, check three signals: MACD golden/death cross, RSI exceeding 70 or dropping below 30, and whether Bollinger Bands are tightening or widening. It’s not about how good the skin looks, but truly helping you avoid risks.
**Fifth Trick: Be Flexible with Stop-Losses**
While sitting in front of your computer, if you make 200U, move your stop-loss up by 100U to protect profits continuously. But once you leave the computer, like going out for a walk, set a hard stop-loss at 5% to prevent the market makers from dumping at night.
**Sixth Trick: Weekly Profit Withdrawal**
No matter how much you earn, transfer 30% of your weekly gains to your bank account every weekend. This habit helps you genuinely feel whether you are making money or not.
**Seventh Trick: Match Your Time Frame**
If you want quick profits, look at the 1-hour chart, but it’s easy to get shaken out by volatility; for more stability, switch to the 4-hour chart to find support levels—just like looking at a map for an exit.
**Deadly Pitfall:**
Don’t use leverage over 10x; for beginners, 3x is enough to practice. Some altcoins are just tools to harvest retail investors. Don’t make more than 3 trades a day; if you get addicted to this habit, it means your strategy has a problem.
Final words—The more Zen-like a trader is, the fatter their pocket. This has been my deepest insight over these years.