There are many people trading cryptocurrencies in the crypto circle, but the more they learn, the more complicated it becomes, and the more they operate, the more they lose. My experience is exactly the opposite — turning thirty thousand into ten million by keeping things extremely simple and doing simple things to perfection.
This process is not mysterious. In the past two years, I grew from thirty thousand to 1.2 million, then saved up to six million in a year, and finally reached ten million in the last five months. Only then did I truly understand that the speed of making money is often inversely proportional to the number of trades.
I only recognize one thing — the N-shaped pattern. A vertical surge, a diagonal pullback, then a vertical breakout. Enter the market when the pattern forms, exit immediately if the pattern is broken. Never add to a position, never hold through a loss, and never use leverage.
Set stop-loss at 2%, and take profit at 10%. Even with a win rate of only 35%, operating this way long-term can still be profitable. Many people think this method is too basic, studying various indicators, drawing trend lines all day, chasing news, but the more "smart" they try to be, the more they lose. I do the opposite.
On the chart, there is only a 20-day moving average, and I deliberately set it to a light color. Every day at 9:50 AM, I open the exchange to check the 4-hour chart. If there is no N-shaped pattern, I turn off the computer. If there is, I set stop-loss and take profit, and the whole process takes no more than five minutes. The rest of the time, I do whatever I want.
What if I make money? Take profits in stages to secure gains. When I reach 1.2 million, I withdraw all the principal. When I hit six million, I take half out for investment and fixed deposits. The remaining amount continues to operate in the market. This way, no matter how the market moves later, my foundation is already stable.
I have three iron rules: don’t chase the rise, wait for pattern confirmation before acting; don’t hold through a break, exit immediately if a level is broken; don’t fight the market, take profits within your plan and withdraw.
There is no Holy Grail in the crypto circle; it’s more like a sieve. If you persist long enough, the gold will naturally be sifted out. Don’t expect to multiply your money overnight. As long as you consistently earn 10% profit in twenty consecutive trades, a ten million target is just a matter of time.
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Ramen_Until_Rich
· 13h ago
That's right, but many people can't accept it. I also took two years to realize that the simpler it is, the more money you can make.
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EthSandwichHero
· 01-03 07:54
30,000 to 10 million, honestly, that's a bit of a stretch. But I've heard of the N-shaped pattern before, just not sure how many months it can last in actual trading.
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CryptoPunster
· 01-03 07:54
To be honest, I believe in this logic, but the problem is that most people simply can't do it. They talk about minimalism every day, but then their screens are filled with metrics and messages from various bloggers... I've seen too many people set their stop-loss at 2%, but they just can't bring themselves to press it no matter what.
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RugPullProphet
· 01-03 07:47
This theory sounds reasonable, but the real question is whether people can stick with it. Most people give up after three days.
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GasFeeCrybaby
· 01-03 07:47
Sounds good in theory, but how many people can really stick to this? Most break the rules within two weeks.
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This method sounds easy, but the real test is the mindset during implementation—it's hell.
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Talking about the N-shaped pattern is simple, but when actually looking for the pattern, it's dazzling and you feel like everything looks similar.
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The number from 30,000 to 10 million... indeed tempting, but is it survivor bias?
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The key is to secure your gains; how many people make money only to give it all back?
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A 2% stop-loss and 10% take-profit ratio is mathematically sound in the long run, but it's not easy to resist the temptation.
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Getting it done in five minutes a day sounds easy, but when the market is crazy, just not checking more than a few times is considered a win.
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Not adding to positions is the hardest for me; I always want to "just take another shot."
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The ironclad rule is an ironclad rule, but the problem is that during execution, the market will tempt you with all kinds of reasons to break it.
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How was the 1 million target set? Aren't you worried that as you earn, greed will inflate?
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SmartContractPlumber
· 01-03 07:29
To be honest, I agree with this logic. But do you know? 99% of people in the crypto world simply can't stick to such boring stuff—just like audit re-entrancy vulnerabilities, the more complex the protection, the more prone to issues. Simplicity is beauty.
Making money and finding vulnerabilities are actually the same; greed is the most deadly.
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MerkleTreeHugger
· 01-03 07:25
Honestly, it sounds like a story, but the logic does hold up. I hadn't considered the minimalist approach to trading cryptocurrencies before; most people are indeed going in the wrong direction.
There are many people trading cryptocurrencies in the crypto circle, but the more they learn, the more complicated it becomes, and the more they operate, the more they lose. My experience is exactly the opposite — turning thirty thousand into ten million by keeping things extremely simple and doing simple things to perfection.
This process is not mysterious. In the past two years, I grew from thirty thousand to 1.2 million, then saved up to six million in a year, and finally reached ten million in the last five months. Only then did I truly understand that the speed of making money is often inversely proportional to the number of trades.
I only recognize one thing — the N-shaped pattern. A vertical surge, a diagonal pullback, then a vertical breakout. Enter the market when the pattern forms, exit immediately if the pattern is broken. Never add to a position, never hold through a loss, and never use leverage.
Set stop-loss at 2%, and take profit at 10%. Even with a win rate of only 35%, operating this way long-term can still be profitable. Many people think this method is too basic, studying various indicators, drawing trend lines all day, chasing news, but the more "smart" they try to be, the more they lose. I do the opposite.
On the chart, there is only a 20-day moving average, and I deliberately set it to a light color. Every day at 9:50 AM, I open the exchange to check the 4-hour chart. If there is no N-shaped pattern, I turn off the computer. If there is, I set stop-loss and take profit, and the whole process takes no more than five minutes. The rest of the time, I do whatever I want.
What if I make money? Take profits in stages to secure gains. When I reach 1.2 million, I withdraw all the principal. When I hit six million, I take half out for investment and fixed deposits. The remaining amount continues to operate in the market. This way, no matter how the market moves later, my foundation is already stable.
I have three iron rules: don’t chase the rise, wait for pattern confirmation before acting; don’t hold through a break, exit immediately if a level is broken; don’t fight the market, take profits within your plan and withdraw.
There is no Holy Grail in the crypto circle; it’s more like a sieve. If you persist long enough, the gold will naturally be sifted out. Don’t expect to multiply your money overnight. As long as you consistently earn 10% profit in twenty consecutive trades, a ten million target is just a matter of time.