$UNI is just a little short of 80 million. Once I reach it, I'll quit for good. I said this back in my rented apartment in the urban village, and now it's about to come true.



I entered the market in 2017 with 20,000 yuan, and now, after eight years, my assets have grown to an amount that could let three generations of my family live comfortably. I didn't have any special connections, nor did I get insanely lucky. I just stuck stubbornly to one simple method—watching three lines: the 50-day moving average for short-term trends, the 200-day moving average to distinguish bull and bear markets, and trading volume to verify if the capital involved is real.

Some people laughed and called this the "fool’s strategy," but this so-called foolishness added several zeros to my account. Back when BTC broke through $5,000, the 50-day MA had just crossed above the 200-day MA, and trading volume tripled. I sold my marital home and mortgaged another, scraping together 3 million to go all in. That wave of gains let me see eight figures in my account for the first time.

The essence of this method isn't predicting how much it will rise, but knowing when you must step aside. I set three hard rules for myself—break any one, and you'll take a big loss:

Rule 1: No more than 15% in a single coin. When LTC skyrocketed in 2018, I only put in 12%. Later, it crashed 80%, but my account only had a mild pullback. Many think this is being timid, but it's actually about surviving longer.

Rule 2: Never hesitate on stop-losses. For major coins, if they fall 8% below the 50-day MA, I cut; for altcoins, I run at 5%. Right before LUNA crashed, I cut a 1% position per my rules, lost 70,000 USDT and felt bad at the time, but later, seeing people end up in debt, I realized this rule saved me.

Rule 3: Maximum of three trades a month. When I first started, I watched the screen every day, trying to catch every move, and ended up losing half an apartment’s worth. Later, I forced myself to trade only three times a month, and that’s how I caught the March 12 crash and the strong rally in April 2021.

Last week, I made my final trade: ETH retested the 200-day MA for the third time but didn’t break it, and volume was scarily low. According to my method, that’s an opportunity. I put in 8% of my capital, took profits at 15% as planned, and my account just touched 80 million.

Today, as I was packing up, I found my 2019 trading notebook. On the first page I wrote, “Retire once I make 80 million.” Back then, I lived in an urban village, eating steamed buns and staring at K-lines every day. Who would’ve thought it could really happen? The last page says: “Complex methods make money from emotional swings; simple methods make money from the compounding of time.”

Now that the money’s here, I realize there are far more important things in life than staring at charts. I’ll save this method to a USB drive, maybe bury it in the backyard. After all, you can never finish making money in crypto, but you only get one life.
UNI-4.6%
BTC-2.56%
LTC-3.62%
LUNA44.48%
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SchrodingersPapervip
· 12-09 17:29
Damn, urban villages reaching eight figures— is this story for real?
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CryptoMomvip
· 12-09 17:16
Oh my, this is a dream come true—eight years of living frugally for an eight-figure payout. Incredible.
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GweiWatchervip
· 12-09 17:15
To be honest, this story leaves me a bit breathless... From 20,000 to 80 million in eight years, and just three lines to get it done? I believe in your stop-loss discipline, but the way this is told feels like you're writing a script—it's just too perfect.
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NoodlesOrTokensvip
· 12-09 17:07
To be honest, I've been using this three-line method for a long time; I'm just taking it slow and not being too aggressive. The key is still your mindset—a lot of people fail because of greed.
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just_here_for_vibesvip
· 12-09 17:06
That wave of going all-in by selling a house was really a gambler's mentality. Luckily, they won. If it were me, I would've been liquidated a long time ago, haha.
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