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Having navigated the crypto market for so many years, I've seen too many smart people end up losing the most. Rather than saying the market is cruel, it's more about human nature at play.
What I use is actually the simplest method, and I've stuck with it for a long time, so I have some insights to share.
**One Pattern Is Enough**
Don't get lost in a bunch of technical indicators; it can lead to confusion. I focus solely on one: the N-shaped pattern. Strong upward surge, volume contraction for pullback, volume expansion for breakout—three steps to confirm before entering. If it breaks, get out immediately—decisive and straightforward, no hesitation. No leverage, no averaging down, no stubborn holding—just simple and brutal.
**Two Lines Keep All Discipline**
Stop loss at 2%, take profit at 10%. Sounds conservative? Actually, a 35% win rate is enough to be consistently profitable. The problem is 99% of traders can't do it—they always think "be smarter," believe they can earn more, but end up repeatedly breaking their own rules. The market's biggest threat isn't loss, but wavering willpower.
**One Moving Average Is Enough**
Use the 20-day moving average, make the color lighter so you don't over-interpret. Spend 5 minutes every morning looking at the 4-hour chart. Place orders when opportunities arise; if no signals, just close the software. Live your life as you see fit—don't let the market hijack your entire life.
**Profits Must Be Taken**
This is the most critical point. Withdraw your initial capital when reaching 1.2 million, transfer half of 6 million for stable allocation, and only then is the remaining capital truly at risk. Too many people fail at the sprint because they never know when to get off.
Those who last longer in the crypto world are often not the smartest, but the most disciplined. Don't expect to catch every wave; real game-changers are those few times when you fully understand the situation and are confident.
Don't always rush to make quick money—take it slow, and you'll go further.