Having been in the crypto market for 8 years, from initial reckless operations to now relatively stable returns, I have paid a hefty price. But it’s precisely because I’ve stepped on pitfalls and tasted losses that I truly understand what “easy to know, hard to do” means.

Many people ask me how to choose coins and how to allocate positions, wanting to hear some secret tips. Honestly, the method itself isn’t that complicated; what’s complicated is maintaining discipline in execution. In my early years, I also experienced the impulsive urge to “rush in” whenever I saw market fluctuations, leading to frequent trades, frequent stop-losses, and eventually liquidation. Looking back now, that was just plain stupid. So today, I want to share the “trading routine” I’ve learned through painful lessons.

**Coin Selection: Start with Activity Level**

A fundamental but often overlooked principle: only buy coins that have already risen and have market heat. If a coin hasn’t gained much in price or lacks liquidity, why buy it? This isn’t about chasing highs but choosing assets with trading opportunities.

I personally pay more attention to the MACD indicator on the monthly chart. Only enter when the monthly MACD shows a bullish crossover; if there’s no golden cross, stay completely out of the market. Many people keep an eye on daily or 4-hour fluctuations, trying to catch the bottom, but end up being shaken out by frequent dips. True opportunities are actually hidden in long-term trends.

**Stop-Loss and Take-Profit: Rhythm is Key to Longevity**

I rarely engage in short-term trading and have given up analyzing every candle. What I focus on are the 60-day and 70-day moving averages. When the price retraces near the 70-day MA and volume starts to increase, I consider adding to my position. If the price continues to rise, I hold; if it breaks below that line, I cut losses immediately.

Don’t be greedy with profits. Take half off when it’s up 30%, and when it reaches 50%, take off the remaining half. The market is dynamic; opportunities missed today will come again. There’s no need to gamble all your profits at once.

**The Strictest Rule: The 70-Day Moving Average is the Line of Life and Death**

This is a principle I never violate in any trade. No matter how long you hold or how much unrealized profit you have, if the price falls below the 70-day MA, you exit immediately. Don’t fight the market, and don’t fight your own psychology.

It’s this discipline that allows me to survive continuously in the market. Looking at those who end up losing badly, most of them die because they “can’t bear to leave.” They hold onto positions that could have been stopped out, waiting for a rebound, but instead, it deepens further.

**Summary: Simplicity is the Way**

In crypto trading, the simpler the methodology, the easier it is to execute. Don’t rely on complicated technical indicator combinations or the dream of “turning the tide in one shot.” The people who truly make money are often those with strong rule awareness, disciplined execution, and a non-wasteful attitude.

The crypto world never mistreats obedient traders, but it will definitely teach harsh lessons to those who ignore rules and operate on gut feelings. If you’re still exploring, try these methods—they might give you a different perspective.