Many people trading cryptocurrencies always want to come up with a complicated set of techniques, but end up losing everything. I’ve been studying trading accounts for many years, and finally realized— the simpler the rules, the easier it is to make money.

First, let’s talk about the logic of choosing coins. Don’t pick randomly, just look at the top gainers. Coins that have already risen prove they have heat and attention from funds, so opportunities are naturally more abundant; those coins nobody wants just sit there unmoving, buying them is like throwing money away. This is especially true for top-tier coins like ETH, the market has already given clear signals.

How to analyze the technicals? My approach is very straightforward—monthly MACD. When a golden cross appears, I enter; if there’s no golden cross, I stay put and don’t move. Many people get confused by daily K-line charts; short-term fluctuations are meaningless. The secret to wealth always lies in long-term trends. Those betting on oversold rebounds usually don’t survive the second wave.

After finding the direction? Keep an eye on the 60-day moving average. Once the price retraces near the 70-day moving average and volume increases, add to your position directly. When signals are clear, hold steady; when signals are fuzzy, keep waiting. Don’t mess around blindly.

Once in the market, the most critical thing is not to be sluggish. Hold on during a rally; if the price breaks below support, sell immediately. I’ve seen too many people reluctant to cut losses, watching their accounts go from profit to loss, and finally regret it. Everyone is prone to falling into this psychological trap.

As for taking profits, I have a rhythm. Sell half when gains reach 30%, then sell half again at 50%. The market moves every day; if you miss this wave, there’s always the next. Why be greedy? This strategy may seem conservative, but it can significantly improve your account’s survival rate, similar to how professional trading institutions take profits in batches.

The most crucial rule—if the price falls below the 70-day moving average, no matter how long you’ve held or how low your cost basis, run immediately. This is the “life-saving talisman” for crypto trading, like a safety rope tied at the edge of a cliff. Protect your principal, only then can you turn things around; once the principal is gone, even the best strategies are useless.

To sum up: the crypto market never requires advanced skills, what’s needed is discipline and emotional control. Those who get rich quickly, those ETH whales—they don’t rely on some mysterious formula, but on precise timing and strict risk management, staying away from reckless impulsiveness. These lessons are paid for with real money. The market is always there; it’s up to you to wait for your own wave.