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Since entering the crypto space in 2020, I have experienced three liquidation events. During that time, I really wanted to uninstall my trading software. The turning point came suddenly—I realized that making money is not about technical skills, but about "not messing around." This method might be laughed at by professional traders, but it literally turned my initial capital of 1500U into 200,000U. If you're also tired of drawing lines every day and staring at the screen in the middle of the night, you might want to try this "extremely simple" approach.
**Strategy 1: Breakout and act, skip ambiguous market conditions**
I used to think "sell at high, buy at low," but the result was getting trapped at mid-levels and stopping out at the bottom. Later, I changed my mindset: only trade breakouts, ignore sideways markets. For example, if a coin consolidates for a long time and suddenly surges past a previous high with high volume, I follow immediately.
A true breakout will continue the trend, leading to a main rally; a false breakout that breaks below the entry candle's lowest point I will stop out immediately, risking at most 5%. To put it simply, don’t worry about "is this a fake line," let the market speak for itself. Compared to prediction accuracy, execution speed is a hundred times more important.
**Strategy 2: Always keep bullets, as long as you're alive there's a chance**
Having seen too many stories of going all-in and getting liquidated, I’ve also suffered this loss. The current rule is simple: no single position exceeds 20% of total funds, and when profits are made, use the profits to add positions.
For example, with a principal of 10,000U, initially open only 2,000U; once you earn 3,000U, use 1,000U of the profit to add to the position, keeping the principal firmly in hand. The advantage is that you won’t panic when facing needle-like drops or black swan events, maintaining a calm mindset like a machine.
**Strategy 3: Only follow trends, give up guessing tops and bottoms**
The most expensive lesson in crypto is the phrase "I think this has already bottomed out" or "It’s risen so much, it must pull back." No one has ever gotten rich by precisely catching the bottom or the top; instead, many have exhausted their capital in such illusions. My current rule is: follow the trend when you see it, wait when unsure, and prefer to earn less rather than operate against the trend.