# 8 Years of Trading Experience Earning 6 Million, It Sounds Lucky But It's Actually Lessons from Repeated Losses. Many people want to know how I choose coins and make trades. Honestly, the methods I use now are as simple as can be, but it’s these seemingly common-sense principles that are the real secrets to making money.

## How Ridiculous Past Mistakes Were

In the early years, I also did many stupid things. Whenever the market moved, I couldn’t help but chase, trading so frequently it was frightening. The result? Either liquidation or turning from a green account into red. Back then, I always tried to catch the bottom and never missed any rally, but the outcome was frequent trading and frequent failures. Looking back now, it was because I lacked rules and discipline. I’ve organized the strategies that I’ve tested in real trading, hoping to help you avoid detours.

## Coin Selection: Only Hot Topics Are Worth Watching

The first step in choosing coins is to look at the top gainers list. The logic is straightforward—only coins that have already risen and proven market attention might have future opportunities. I don’t look at coins that have been stagnant for a long time because they are traps.

Ignoring short-term noise from candlestick charts, I trust the monthly MACD indicator more. Once the MACD shows a golden cross signal, I prepare to enter; if there’s no such signal, I can stay calm even if the market looks tempting, choosing to hold cash and wait. Short-term candlesticks only confuse you; real profit opportunities hide in long-term trends. I used to be fooled by false rebounds from oversold conditions, but I’ve learned my lesson and no longer touch those low-probability, gamble-like trades.

## Entry: The 70-Day Moving Average Is My Critical Indicator

Once I’ve identified a target, I monitor the 70-day moving average daily—this line is like a switch for my trades. When the price retraces near the 70-day line and accompanied by a significant increase in volume, I will decisively add to my position because the signal is clear enough. No such signal? Then I wait patiently; timing is key, and patience never loses. Many people want to enter quickly, but end up losing early. My current strategy is: act only when the signal is confirmed; otherwise, wait patiently.

## Exit: No Greed, Discipline, and Firm Execution

Once in the trade, I never hesitate—there’s only one rule: if the price keeps rising, hold on; if it falls below the 70-day line, I close the position immediately. Many people’s problem is they keep thinking “what if it rebounds,” causing them to miss the timely exit and watch profits turn into losses. I’ve fallen into this trap before, and I will never do it again.

For taking profits, I have my rhythm. When I gain 30%, I cut half of my position; at 50%, I cut the remaining half. This is to lock in profits, not to greedily chase all the gains. The market offers many opportunities; if you miss this wave, there’s always another. Better to lock in what you have than to give it back chasing more.

## The Hard Rule: If It Falls Below the 70-Day Line, Exit

This is my ironclad rule, applied to every trade. No matter how long I’ve held the position or how much profit I’ve made, if it drops below the 70-day line, I must exit. The market punishes those who go against the trend. I’ve learned to follow the trend early on. This rule has saved me countless times and is the fundamental reason I’ve been able to survive in this market until now.

In the end, the real ways to make money are actually these. You don’t need overly complex techniques or extreme operations. Instead, the most basic principles—clear entry signals, decisive stop-losses, rational take-profits—these seemingly boring rules are what enable you to profit steadily in the crypto market.