An old player who once lost millions managed to earn back eight figures in a year using the most basic trading discipline. It sounds unbelievable, but the method is so simple it makes you doubt it.
Here are a few of his iron rules that he sticks to:
When a coin drops for 9 consecutive days at a high level, that's his bottom-fishing signal. He picked up SOL and DOGE this way back in the day, and looking back, the success rate was indeed high. The logic is straightforward—by the ninth day of panic selling, most of the chips have changed hands.
If there's a surge lasting more than two days, he cuts 80% of his position before the close on the second day. The reason? He’s analyzed historical data: the probability of a pullback on the third day is as high as 73%. Don’t try to eat the whole fish; being able to consistently catch the meat is enough.
If there’s a 7% spike in the morning session, don’t rush to exit—the real window to sell is after 2 PM. This rule was repeatedly validated in 2023 and 2024, and it lets you capture an extra 30% in profit.
Three days of sideways trading is a watershed. If there’s no breakout within three days, clear your position and get out. During the SHIB rally, many people got burned just because they thought, “Let’s wait a bit longer.”
Heavy trading volume at high prices but no price increase? That’s the most dangerous signal. Several projects in 2023 pulled this trick to dump on retail investors—hesitate for a day and you could lose 90%.
When it comes to technicals, he only looks at two lines: selects coins based on the 30-day moving average, and times buys and sells based on the 3-day moving average. In 2024, all those surging dark horse coins lined up with these two lines in hindsight.
If you’re a small-cap player, don’t try to catch the whole wave—taking a stable 20% profit in 5 days is much better than holding out and suffering for three months.
And the last, but hardest rule: strict discipline. There are tons of flashy strategies in the market, but less than 10% of people can truly execute simple rules to the extreme. That’s how it is in crypto—the simpler your approach, the longer you’ll survive. Complex models are often just traps.
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An old player who once lost millions managed to earn back eight figures in a year using the most basic trading discipline. It sounds unbelievable, but the method is so simple it makes you doubt it.
Here are a few of his iron rules that he sticks to:
When a coin drops for 9 consecutive days at a high level, that's his bottom-fishing signal. He picked up SOL and DOGE this way back in the day, and looking back, the success rate was indeed high. The logic is straightforward—by the ninth day of panic selling, most of the chips have changed hands.
If there's a surge lasting more than two days, he cuts 80% of his position before the close on the second day. The reason? He’s analyzed historical data: the probability of a pullback on the third day is as high as 73%. Don’t try to eat the whole fish; being able to consistently catch the meat is enough.
If there’s a 7% spike in the morning session, don’t rush to exit—the real window to sell is after 2 PM. This rule was repeatedly validated in 2023 and 2024, and it lets you capture an extra 30% in profit.
Three days of sideways trading is a watershed. If there’s no breakout within three days, clear your position and get out. During the SHIB rally, many people got burned just because they thought, “Let’s wait a bit longer.”
Heavy trading volume at high prices but no price increase? That’s the most dangerous signal. Several projects in 2023 pulled this trick to dump on retail investors—hesitate for a day and you could lose 90%.
When it comes to technicals, he only looks at two lines: selects coins based on the 30-day moving average, and times buys and sells based on the 3-day moving average. In 2024, all those surging dark horse coins lined up with these two lines in hindsight.
If you’re a small-cap player, don’t try to catch the whole wave—taking a stable 20% profit in 5 days is much better than holding out and suffering for three months.
And the last, but hardest rule: strict discipline. There are tons of flashy strategies in the market, but less than 10% of people can truly execute simple rules to the extreme. That’s how it is in crypto—the simpler your approach, the longer you’ll survive. Complex models are often just traps.