1. Reflection: Being Smart Often Comes at the Highest Cost in the Crypto World

I've seen too many people fall for "being smart." When I entered the market in 2019, I was no exception—staying up every night watching candlestick charts, studying various technical indicators, joining over a dozen analysis groups, afraid of missing any "opportunity." As a result, I lost 40% of my principal in just three months.

That lesson completely changed my approach. I decided to go against the grain, cutting all complex logic, leaving only one core rule: N-shaped patterns, entering on breakouts with a pullback after a surge, and stopping loss immediately when the pattern breaks. It's that simple.

Peers laughed at me for being "dumb"—not looking at fundamentals, ignoring policy signals, and even not following hot trends. But it was this "dumbness" that kept me safe during the 2022 LUNA storm and the 2024 FTX explosion. The reason is straightforward: my rules don't include concepts like "bottom fishing" or "holding through" positions.

2. Simplify: Market signals are often drowned out by noise

My trading system is extremely disciplined. When I open the market software, there's only a faded 20-day moving average on a black background, with no fancy indicators. This isn't to appear profound; it's purely to reduce mental interference.

Every morning, I glance at the 4-hour chart. If there's no pattern, I turn off the screen and walk the dog—done for the day. When opportunities arise, I place orders (2% stop loss, 10% take profit), and from placing the order to completion, it takes no more than five minutes. It's frighteningly easy.

Why can I do this? Because 90% of the daily market fluctuations are garbage signals. Do you remember a certain stock market correction in 2023? Thousands of messages in the group every day, all saying "systemic risk."