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Having traded for many years and experienced all kinds of market storms. Since entering the market in 2017, I have seen it all—madness, panic, hope, despair. The worst was when my account shrank by 90%, and every day waking up was painful. But it was these lessons that ultimately helped me find a stable profit-making rhythm. Today, I want to share two core strategies, both earned with real money.
**First: Cut losses when breaking the line, don’t get emotionally attached to the market**
I set a strict rule for myself—any coin that falls below the 70-day moving average, regardless of the reason, I liquidate immediately. This line is the life and death line of my trading system, and I execute without hesitation.
Why the 70-day line? Because it reflects the medium-term consensus of the coin’s price. Once it breaks, it indicates a shift in market sentiment, and the trend may reverse. Last year, I was heavily invested in a Layer2 project and made a 40% profit. I wanted to hold on, but it later fell below the 70-day line. I was still hesitating, thinking the fundamentals were good, and waiting to see what happens. But what happened? I held on until I lost 30% and then cut my losses. Conversely, for the same meme coin, I strictly sold on the day it broke the line, and later I found out it plummeted another 50%.
The biggest mistake beginners make is loving coins as if they were stocks or spouses—buying more when they fall, getting deeper into the trap. In my opinion, the market never lacks opportunities; what’s missing is the calm to protect your capital. Instead of betting on a rebound, it’s better to admit you made a mistake—missing out might earn some profit, but getting caught can wipe out your entire capital.
**Second: Take profits in stages, refuse to ride the roller coaster**
The cruelest thing in crypto isn’t just not making money, but making it and then losing it all back. So my strategy is to sell in stages: when profits reach 30%, sell half to recover the initial investment; then, when it hits 50%, sell the remaining half. Keep a smaller position for the rest, and set a trailing stop-loss to let it run.
The benefit of this approach is that you lock in gains, and the remaining position is just betting on bigger gains. Even in the worst case, you only lose the gains already made, without risking all your previous efforts.