The market screams every day, but truly useful signals are actually scarce.
I've been messing around in the crypto world for many years, stepping on countless pits before I realized a painful truth — those making money are not the ones trading most frequently. They are more like snipers: most of the time waiting, only taking action when the opportunity is about 80-90% right.
Thinking about my own "tuition fees," I really want to laugh. I used to trade dozens of times a day, only to have my annual profits completely swallowed by fees; chasing hot trends like Huobi and jumping on the bandwagon, always ending up as the bag holder, buying at the top and selling at the bottom; even once, in a moment of impulsiveness, using leverage to hold a heavy position, only to be completely liquidated before dawn.
Later, I realized that the secret to stable profits is not complicated — it’s simply trading less. More effective than technical indicators, more critical than trading speed.
**70% of the time is spent "watching"**
The true state of the market: 90% of the time is sideways movement, and opportunities to act are few and far between. This stage tests not technical prowess but whether you can resist acting.
I’ve developed a "three-layer filtering" method, which works pretty well:
**First layer: Trend**
Just focus on one indicator — whether the price stays above the 60-day moving average. As long as the price is above this line, it indicates a medium-term uptrend, and such assets are worth paying attention to. The 5-day, 10-day, and 20-day moving averages being aligned bullish is a bonus, but not as important as the price staying above the 60-day MA.
**Second layer: Sentiment**
Check the Fear & Greed Index daily. When the market is extremely fearful, it’s often a good opportunity to lurk; when everyone is euphoric, be cautious. Also, don’t ignore on-chain data — especially the movements of big whale wallets. If whales are quietly accumulating a token but the price isn’t moving much, it’s often a hint — "smart money" is positioning.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
6
Repost
Share
Comment
0/400
BakedCatFanboy
· 14h ago
Damn, that really hits home. I used to be the kind of person who couldn't stand not trading for a day, feeling uncomfortable all over. I even paid so many fees that my dad didn't recognize me anymore.
The few times I got liquidated were truly before dawn. Looking back, I was just pure brainless.
But this 60-day moving average screening method is pretty good, much better than my previous focus on candlesticks. It really tests a person's patience and discipline. The real challenge is resisting the urge to act.
View OriginalReply0
DegenMcsleepless
· 14h ago
That's right, transaction fees are truly the invisible killer. Making dozens of trades a day is basically a suicidal approach.
It's tough to watch others rise while you're missing out, but liquidation is even worse. Patience is still key.
The 60-day moving average system is indeed reliable, much better than random guesses.
Hold on, I need to pay attention to the fact that whale accumulation is a good signal.
Actually, the hardest part is to stick to not trading. Really, it's a hundred times more difficult than technical analysis.
Making money is just like this—waiting for the right opportunity takes more courage than bottom-fishing...
View OriginalReply0
ser_we_are_ngmi
· 14h ago
Really, the fee structure makes me unable to smile; a year of trading is all blood and tears.
Sticking to it is the real skill; most people simply can't sit still.
I've been paying attention to the whale accumulation signal for a while, and it's quite accurate.
Instead of looking at a bunch of technical indicators, it's better to just stick to the 60-day moving average—simple and straightforward.
Extreme panic is the real buying opportunity; I have deep experience with this.
The era of dozens of orders a day is over; now we're just waiting for that roughly 80-90% chance opportunity.
View OriginalReply0
BearWhisperGod
· 14h ago
Really, I've also gone through the phase of trading dozens of times a day, where the transaction fees eat up the profits enough to buy a house.
View OriginalReply0
MetaLord420
· 14h ago
Really, I understand the fee killer too well. I used to be a trading machine, now I just want to sit back and win.
The days of dozens of trades a day were a nightmare, with fees exceeding profits haha.
Waiting is the most valuable skill, but most people simply can't sit still.
I also use the 60-day moving average, simple, straightforward, and effective.
Whales quietly accumulating without moving the price? That's a signal. Smart money is never in a hurry.
View OriginalReply0
GasGoblin
· 14h ago
Damn, that hits too close to home. I used to be the kind of active trader making dozens of trades a day, and as a result, half of my profits were eaten up by fees haha
The market screams every day, but truly useful signals are actually scarce.
I've been messing around in the crypto world for many years, stepping on countless pits before I realized a painful truth — those making money are not the ones trading most frequently. They are more like snipers: most of the time waiting, only taking action when the opportunity is about 80-90% right.
Thinking about my own "tuition fees," I really want to laugh. I used to trade dozens of times a day, only to have my annual profits completely swallowed by fees; chasing hot trends like Huobi and jumping on the bandwagon, always ending up as the bag holder, buying at the top and selling at the bottom; even once, in a moment of impulsiveness, using leverage to hold a heavy position, only to be completely liquidated before dawn.
Later, I realized that the secret to stable profits is not complicated — it’s simply trading less. More effective than technical indicators, more critical than trading speed.
**70% of the time is spent "watching"**
The true state of the market: 90% of the time is sideways movement, and opportunities to act are few and far between. This stage tests not technical prowess but whether you can resist acting.
I’ve developed a "three-layer filtering" method, which works pretty well:
**First layer: Trend**
Just focus on one indicator — whether the price stays above the 60-day moving average. As long as the price is above this line, it indicates a medium-term uptrend, and such assets are worth paying attention to. The 5-day, 10-day, and 20-day moving averages being aligned bullish is a bonus, but not as important as the price staying above the 60-day MA.
**Second layer: Sentiment**
Check the Fear & Greed Index daily. When the market is extremely fearful, it’s often a good opportunity to lurk; when everyone is euphoric, be cautious. Also, don’t ignore on-chain data — especially the movements of big whale wallets. If whales are quietly accumulating a token but the price isn’t moving much, it’s often a hint — "smart money" is positioning.