Having been in the crypto space for 8 years, I’ve gone from paying tuition fees to gaining some insights and accumulating real experience. I’m often asked how to choose coins and how to trade, but honestly, it’s about the rules built from real money.
In the early years, I was especially impulsive. Seeing a coin surge would make me chase blindly, trading frequently, which often resulted in significant loss of principal. Those times were all about paying tuition. Now I understand that impulsiveness is the biggest enemy of trading.
When selecting coins, I only look at the top gainers. Coins with no movement lack market heat, and the chances of a turnaround are too low. Instead of waiting around blindly, it’s better to focus on assets with volume.
I rarely watch minute-level charts when trading. True opportunities are hidden in the monthly MACD—only enter when a golden cross appears, and stay in cash if there’s no signal. Short-term fluctuations are just noise; the long-term trend is the real gold. Many people get stuck trying to bet on small-probability events like oversold rebounds.
Adding to positions has clear signals: when the price retraces near the 70-day moving average and volume increases, I add. If there’s no confirmation, I keep waiting and never rush blindly.
The most important rule after entering a position is to avoid greed. Hold steady during stable uptrends, and immediately cut when breaking key support levels. Many people ruin themselves by obsessively waiting for a rebound, only to give back all their gains.
Profit-taking also has a rhythm: take half off when floating gains reach 30%, and half again at 50%. Even if I miss some opportunities, I have no regrets—there are always chances in the market.
The most crucial line: the 70-day moving average is the line of life and death. No matter how long you hold or how much you gain or lose, if it breaks, you must exit. This is my bottom line for surviving in the crypto world—I never fight the trend.
Ultimately, the crypto market tests your execution. Repeating simple discipline consistently is more effective than any fancy tricks.
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SybilAttackVictim
· 01-12 01:10
The 70-day moving average is really the life-saving line; so many people die because they can't bear to take this step.
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After so many years of hearing people in the crypto circle share their experiences, at least this guy's approach can keep him alive.
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In simple terms, it's discipline, but everyone knows that execution is the hardest part.
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I trembled when I reduced my position after a 30% unrealized profit.
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Have those coins that chased the top gainers really turned around? I feel like they've all cooled off.
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I've jumped over this rebound trap more than once, a bloody lesson learned.
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The monthly MACD golden cross sounds simple to enter, but in practice, it's a torment.
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LonelyAnchorman
· 01-11 05:54
The 70-day moving average is really a defense line, it has saved my life more than once. If it breaks, run without hesitation.
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FarmToRiches
· 01-10 11:49
The 70-day moving average is indeed a tough hurdle; I've seen many people crash here.
Waiting for the rebound costs many lives, it's really heartbreaking.
Discipline-based trading sounds simple, but sticking to it is the real skill.
I've also been using the monthly MACD setup; it's definitely more reliable than watching minute-by-minute charts.
Experience gained from real money is different; these detours can't be avoided.
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WagmiAnon
· 01-10 11:44
The 70-day moving average is really the line between life and death, I totally agree with that.
Exactly right, impulsiveness really is poison.
Wait, do those coins with no movement really can't turn around? It doesn't seem to be absolute either.
Having a rhythm for taking profits is indeed a brilliant move. I previously lost all my profits because of greed.
Execution is the key, this saying really hits the nail on the head.
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RetroHodler91
· 01-10 11:42
The 70-day moving average is truly a belief; once it breaks, just run, there's no need to hesitate.
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That's right, it's a discipline issue. Most people die from greed.
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What I've learned over 8 years is indeed more effective than reading ten articles.
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This set of methods sounds simple, but executing it makes you realize how difficult it really is.
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I like the rhythm of taking profits; otherwise, it's easy to let the profits slip away.
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Every time I want to bet on a rebound, but the rebound doesn't come, and I lose the principal first.
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Impulsiveness is really poison. I used to ruin myself with frequent trading.
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The idea of selecting coins based on the rise leaderboard is clear; no need to worry about those cold coins.
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The worst thing is to break the line but still be reluctant to run, always thinking about a rebound...
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Looking at the monthly MACD is intense; short-term fluctuations are just traps for false signals.
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MemeTokenGenius
· 01-10 11:34
People who are still waiting for a rebound after the 70-day moving average has broken really deserve to lose.
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Eight years, how many times must one lose before realizing...
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That's right, there are too many people with poor execution; they understand but can't act.
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I've tried the method of selecting coins based on the top gainers list; it's definitely more reliable than blindly buying.
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"All the profits have been held back," that hits hard...
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The monthly MACD has been used for over half a year, and it's much less stressful than the minute chart's high-risk trading.
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Reducing half the position at 30% gain? That's a bit conservative; I usually wait until 50% or more.
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Impulsive trading is truly poison; this truth should have been understood long ago.
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The key is whether you can really follow the 70-day moving average; knowing and doing are worlds apart.
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It just feels like repeating "cut losses harshly, take profits steadily"; mastering these two can indeed keep you alive.
View OriginalReply0
TokenomicsDetective
· 01-10 11:27
The 70-day moving average is truly a life-and-death line; don't have any illusions about it.
Having been in the crypto space for 8 years, I’ve gone from paying tuition fees to gaining some insights and accumulating real experience. I’m often asked how to choose coins and how to trade, but honestly, it’s about the rules built from real money.
In the early years, I was especially impulsive. Seeing a coin surge would make me chase blindly, trading frequently, which often resulted in significant loss of principal. Those times were all about paying tuition. Now I understand that impulsiveness is the biggest enemy of trading.
When selecting coins, I only look at the top gainers. Coins with no movement lack market heat, and the chances of a turnaround are too low. Instead of waiting around blindly, it’s better to focus on assets with volume.
I rarely watch minute-level charts when trading. True opportunities are hidden in the monthly MACD—only enter when a golden cross appears, and stay in cash if there’s no signal. Short-term fluctuations are just noise; the long-term trend is the real gold. Many people get stuck trying to bet on small-probability events like oversold rebounds.
Adding to positions has clear signals: when the price retraces near the 70-day moving average and volume increases, I add. If there’s no confirmation, I keep waiting and never rush blindly.
The most important rule after entering a position is to avoid greed. Hold steady during stable uptrends, and immediately cut when breaking key support levels. Many people ruin themselves by obsessively waiting for a rebound, only to give back all their gains.
Profit-taking also has a rhythm: take half off when floating gains reach 30%, and half again at 50%. Even if I miss some opportunities, I have no regrets—there are always chances in the market.
The most crucial line: the 70-day moving average is the line of life and death. No matter how long you hold or how much you gain or lose, if it breaks, you must exit. This is my bottom line for surviving in the crypto world—I never fight the trend.
Ultimately, the crypto market tests your execution. Repeating simple discipline consistently is more effective than any fancy tricks.