#美国证券交易委员会推进数字资产监管框架创新 Having accumulated 2 million in the crypto space using a seemingly simple trading framework, I realize in hindsight that there's nothing really mysterious about it. The core is discipline and patience.

**Understanding a Few Signals from the Market**

Pay attention to how your coins perform during a market plunge. If others drop 20% but your holdings only fall 3%, it often indicates smart money is supporting the market. Such assets are worth holding. Conversely, coins that crash along with the market are clear risk signals.

Leading coins are always worth watching—they rise the most fiercely and are also the most resilient during declines. But don’t be fooled by cheap prices, and don’t chase after big gains. The key is to find the right entry point, not the absolute bottom.

**Practical Technical Methods**

Short-term trading simplified to the extreme: hold as long as the price stays above the 5-day moving average; sell if it breaks below. For mid-term, watch the 20-day moving average, same logic. This isn’t some advanced theory; it’s about executing complex ideas in the simplest way.

When a major upward wave forms without obvious volume increase, act decisively. During an uptrend, decreasing volume can be a good sign—continue holding; but if volume surges and the trend line is broken, reduce your position immediately. If a stock hasn’t moved in three days, consider selling—don’t fight the market.

Regarding stop-losses, this rule is non-negotiable: cut losses at 5%, no exceptions. There are also opportunities in oversold rebounds—if the price halves from a high and then drops for 8 days straight into extreme oversold territory, the success rate of following in can be higher.

**The Soul of a Trading System**

Consistent profits are much harder to achieve than occasional big gains. Many people get cocky after making a couple of profits and forget that trading is about success rate, not frequency of trades. Holding cash is also part of the strategy—knowing when not to trade is often more valuable than knowing how to trade.

Reviewing your trades is crucial—understand whether your gains are due to skill or luck. Missed opportunities are better than losses; protecting your capital always comes first. Trend judgment is more important than price levels—chasing bottoms can lead to pitfalls, and early exits from underperforming coins are wise.

This logic isn’t complicated: follow the trend, set stop-losses properly, and maintain a stable mindset. Opportunities are everywhere every day; what’s truly lacking is execution and self-control.