Many people see the crypto market as a casino, where those who take more risks win, and those who are lucky become rich. I used to think that way. But after ten years of surviving, experiencing enough bull and bear markets, what has helped me go far is not luck or boldness, but discipline that goes against human instincts.
Today, I won’t talk about sophisticated indicators or predicting peaks and bottoms. I just want to share 10 “seemingly silly but extremely effective” principles that have helped me avoid countless traps and gradually grow my account to eight figures. Both newcomers and veterans should read slowly and reflect carefully.
Strong Coin with Multiple Days of Decline: Don’t Panic, Sometimes It’s an Opportunity
A strong coin that declines continuously for 7–9 days in a high zone, most investors will panic and cut losses. But at that moment, the fear has been almost fully released. I usually start deploying funds gradually at this stage. Not because I buy “cheap,” but because the risk has significantly decreased. The crowd is selling off, only the patient can pick up good assets.
Continuous Rise for Two Days: Prioritize Taking Partial Profits
Any coin that rises consecutively for two days, I almost automatically reduce at least 30% of my position. Crypto doesn’t have the concept of “only rising without falling.” After a rapid increase, the probability of correction is very high. Profits are not lost because of the market, but because of greed.
Sharp Increase Over 7%: Check the Volume the Next Day
A short-term increase over 7% indicates that capital is paying attention. The next day, there’s often more upward momentum, but trading volume is the key:
Price rises but volume decreases → be cautious, the momentum is weakVolume increases but price doesn’t go far → exit early, it might be distribution
Don’t love a coin. The market changes very quickly.
Strong Coins: Only Buy When Retracing to Support Zones
Seeing a coin surge and rushing in to buy is the most common instinct of beginners. I, on the other hand, wait for a correction back to important support levels like the 30-day moving average before acting. It’s easy to buy at the peak, but catching the good part is the real challenge. Patience always pays off.
Sideways Market: Timing Is More Important Than Opportunities
If a coin moves sideways for three consecutive days, I observe for up to three more days. If there’s still no clear trend, I switch to another coin. Moving sideways doesn’t cause immediate losses, but it erodes time and morale. In crypto, rhythm is more important than trying to trade all the time.
Cutting Losses Immediately When Wrong: Stop-Loss Is a Lifesaver
If the next day I can’t recover the previous day’s cost, I see it as a sign I was wrong and exit without hesitation. Stop-loss isn’t about admitting failure; it’s about protecting capital. Accept small losses to avoid catastrophic ones.
The Law of Consecutive Rises: The Middle Segment Is the Safest
Years of experience have shown me that a rally often has a rhythm:
3 phases usually have 5
5 phases often lead to 7
My strategy is: participate once the trend is confirmed, take profits around day 5, and avoid trying to catch the final surge. The middle segment is always the easiest to profit from.
Price Can Deceive, Volume Cannot
Crucial principle:
Low + increasing volume → money is flowing in, worth notingHigh + increasing volume but price not rising → money is flowing out, avoid
Candles can be painted, stories can be fabricated, but money flow doesn’t lie.
Trade Only in the Trend
I simplify it extremely:
Short-term moving average trending up → trade short-termMid-term moving average trending up → hold mid-termLong-term moving average trending up → hold the main wave
Counter-trend trading only proves one thing: the market is always stronger than me.
Small Capital Wanting to Turn the Tables: Discipline Is More Important Than Luck
Opportunities in crypto are plentiful. The rare thing is someone who maintains discipline long enough.
Doubling your account in a year is achievable for many. But surviving and growing over five years is very rare. Only use idle funds, and don’t let volatility affect your life—that’s the final boundary.
Conclusion
I have seen too many people leave the market in bitterness, not because they lack intelligence, but because they always seek shortcuts. Crypto doesn’t sustain you with luck, but with strict principles.
Remember:
Bull markets often have sudden crashesBear markets are full of sharp rises
Only those who can endure loneliness and discipline can maintain long-term success. Continuous learning is the most profitable investment you can make.
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8 Years in the Crypto Market: The "Foolish" Ways That Helped Me Grow My Account to 8 Figures
Many people see the crypto market as a casino, where those who take more risks win, and those who are lucky become rich. I used to think that way. But after ten years of surviving, experiencing enough bull and bear markets, what has helped me go far is not luck or boldness, but discipline that goes against human instincts. Today, I won’t talk about sophisticated indicators or predicting peaks and bottoms. I just want to share 10 “seemingly silly but extremely effective” principles that have helped me avoid countless traps and gradually grow my account to eight figures. Both newcomers and veterans should read slowly and reflect carefully.