The most common questions from crypto beginners are: How can I choose the right coins? How can I achieve stable profits? Actually, there’s nothing mysterious about it. The method itself is not difficult; the hard part is whether you can stick to it.

When I first entered the market, I basically made all the common mistakes of retail traders. When the market moved slightly, I couldn’t hold back my fingers, chasing gains and selling losses, constantly flipping back and forth. As a result, I either gave away all my profits or got liquidated directly. Looking back now, those losses were really self-inflicted.

Since I’ve climbed out of those pits, I want to summarize what I’ve learned over the years, hoping to help you avoid detours.

**Coin Selection Logic: Only Focus on Hot Assets**

Never touch coins that have been sideways for months without movement. Coins that are on the gainers list indicate that there is capital attention and heat behind them, which is the foundation for future rises. My approach is to watch the monthly MACD closely, and only consider entering when a golden cross signal appears. If there’s no golden cross, stay in cash and wait. Don’t be fooled by short-term K-line fluctuations; following the trend is the way to make big money.

**Entry and Exit: The 70-Day Moving Average is the Life and Death Line**

I rarely do short-term trading or watch the market constantly. I focus on one indicator—the 60 to 70-day moving average. When the price retraces near the 70-day line and trading volume significantly increases, it’s time to consider adding to your position. As long as the trend remains, hold firmly; once it effectively breaks below this line, withdraw immediately—no bargaining.

**Take Profits in Batches, Don’t Wait for the Peak**

Few people sell at the absolute top. Instead of obsessing over that, it’s better to take profits in stages. When the price rises by 30%, sell half of your position; if it continues to rise by 50%, reduce again. Even if the price drops later, you’ve already locked in profits. Consistently securing your gains is the foundation of long-term profitability.

**Strict Discipline: Cut Losses When Breakdowns Occur**

No matter how long you hold, if the 70-day line is effectively broken, you must exit. This discipline has saved me countless times. I’ve seen too many people, ultimately losing everything, not because they couldn’t understand the market, but because they couldn’t bear to cut losses and kept holding on. The market doesn’t change direction because of your persistence.

**Final Tip: Simple Rules Are the Best to Stick To**

It’s easy to fall into complex analysis traps in the crypto world; the more indicators you use, the more mistakes you’re likely to make. On the other hand, simple and clear rules help you stick to your strategy long-term. Don’t expect a big market turnaround overnight. Those who make stable money in crypto are those who follow discipline, are willing to wait, and can admit mistakes. The market will never reward emotional trading but will definitely punish those who don’t follow the rules.

Whether you succeed or not depends on how you choose to play.