Profit-Making Tips in Crypto: Simple to the Point of Boredom but Surprisingly Effective

Making money in crypto doesn’t require a “divine” indicator. What creates the difference is a fixed process repeated with discipline. This article shares a practical trading framework: usable in bullish markets and still effective when the market is bearish. Important note: The crypto market is highly volatile. The content below is educational and shares experiences, not investment advice. Practice strict risk management and only trade with money you can afford to lose. Core Mindset: Follow the Trend – Stick to Price Zones – Wait for Confirmation A common mistake for beginners is chasing peaks, catching bottoms, and overtrading. A more effective approach is to wait – observe – only enter orders when conditions are met. Fewer button presses, higher quality decisions. Step 1: Identify the Major Trend – Up, Sideways, or Down Don’t get stuck on very small timeframes. Look at the bigger picture to know where the market is “heading.” Uptrend: Higher highs – higher lows. Short-term moving average above long-term → prioritize buy orders. Downtrend: Lower highs – lower lows. Short-term moving average below long-term → prioritize sell orders. Sideways: Avoid trading. There are many other opportunities; don’t risk in low-reward/risk zones. Principle: Only trade when the trend is clear. Open positions when the trend is clear, just like driving without looking at road signs is risky. Step 2: Mark Important Price Zones – The Market’s “Steps” Price moves rhythmically, like climbing stairs. Your task is to wait for the price to stabilize at a step, then participate, and take profit at the next step. Support: Price zones that repeatedly bounce up. Resistance: Price zones that are repeatedly rejected. Golden rule: Never enter a trade within the zone. Only: Buy when the price retraces to support in an uptrend. Sell when the price retraces to resistance in a downtrend. Step 3: Wait for Confirmation Signals – Patience Is an Advantage Once you have the trend and price zone, switch to a smaller timeframe to find the “trigger”: Candlestick patterns (, e.g., bullish/bearish engulfing at the zone ). Price breaking through and holding above important moving averages. Price action behavior indicating buying/selling momentum is returning. You can use MACD, Bollinger Bands, or Price Action — just master 1–2 tools and use them consistently. Discipline: If the target zone isn’t reached yet → do not enter. The hardest part: Execute the Plan Before pressing the button, clearly write down: Which coin to trade? Buy or sell? Entry point? Where to cut losses if wrong? Where to take profits if right? (in parts)? Capital Management – The Foundation of Survival Risk per trade no more than 2% of total capital. No “all-in,” no martingale when losing. A losing streak still leaves enough capital to continue. Stop Loss and Take Profit Stop loss like a car brake: no brakes, accidents happen. Take profit in parts: don’t try to catch the entire wave; “meaty” parts are enough. Trading Psychology: Winning and Losing Are Self-Driven Technical analysis takes a few months to master. Discipline is a long journey: Dare to cut losses when wrong. Protect profits when right. Don’t let emotions control your trades. Many traders win a few trades then increase leverage, only to face a correction and give back gains. The goal is to reduce drawdown, not to brag about big wins. Personal Philosophy: Stability Comes First Markets change daily, but good habits keep you alert amid chaos. Even during “bearish” phases, strategic traders find opportunities. Pay less attention to minute-by-minute volatility, focus more on your plan. Listen less to rumors, review your trading journal more. Trade less just to “ease the itch,” trade more when conditions are right. Simple repetition → become an expert. Repeat with discipline → become a winner. Summary of the Trading Framework Follow the trend (clear up/down). Stick to price zones (support/resistance). Wait for confirmation (entry signals). Manage capital with 2% per trade. Cut losses decisively – take profits in parts. Keep a journal – optimize your process. If you want, I can help you create a trading plan template and a journal template for immediate application.