Want to make solid money in the crypto world with under 100,000? Here’s my advice: don’t believe those 'get rich overnight' lies! Things like 'hundred-fold coins ambush' and 'insider information' are all traps for harvesting unsuspecting investors!
My four-step simple method doesn't use flashy indicators but relies on strict discipline — those who follow the process have turned an initial investment of 50,000 into over 1 million, and some have avoided three crashes without any losses. It doesn't show off skills; it only competes on 'execution power'!
The first step is to select 'live fish': open the daily chart and focus on coins that have just crossed the MACD golden cross, especially those that are just emerging above the 0 axis! This method directly filters out 90% of 'zombie coins' and 'air coins'. Weak coins will get you trapped. I fell into a pit in 2020, holding for three months without any movement, and when I sold, it rose. I later understood: coins that have no capital entering the market, no matter how good they look, are trash!
The second step, buy and sell only by one line: Is the price above the 20-day moving average? Act decisively (build positions gradually, don't go all in); if it falls below the 20-day moving average? No matter the profit or loss, withdraw immediately! Don't ask why, it's all blood and tears lessons: Last week, my friend focused on a new project, and after it fell below the moving average, he thought 'let's wait a bit longer', but it dropped 30% in three days, going from a 15% profit to a 15% loss, losing all his gains! I was even more ruthless; last year, a coin fell below the moving average, and I liquidated everything within 10 minutes, later it dropped 60%, directly avoiding a disaster!
The third step, position sizing plays like a heartbeat: when price and volume break the 20-day moving average (with volume increasing by more than 30% compared to the previous day), I'm willing to increase to 80% position; after a 40% rise, I take 1/3 profit, pulling back my principal, leaving the remaining profit to gamble; if it rises to 80%, I run half, leaving 20% to follow fate; but as long as it falls below the moving average, regardless of profit, liquidate! No mercy! Last week, I bought that explosive meme coin from 0.22 to 0.33, with a 48% profit directly taken in batches, and some laughed at me for being 'cowardly', saying it could rise to 1, but three days later it dropped back to 0.25, all those who mocked me ended up getting trapped — remember: the money in your pocket is real money, floating profits are just numbers!
Finally, stop-loss is a lifesaver: has the moving average been broken? No matter the black swan, white rhino, withdraw all! In the 2021 bull market, I fell into the biggest pit: a coin fell below the moving average, I hesitated for half a minute, thinking 'it might be a shakeout', but my account directly shrank by 20%, which was my profit for three months at that time! Later I realized: the crypto market is never short of opportunities; what it lacks is your unlost principal and undischarged bullets!
Honestly, this method is as simplistic as it gets, but I've relied on it to survive in the crypto space for 5 years, growing from a 30,000 principal to 7 figures. The most toxic aspect of the crypto market isn't the sharp declines; it's your greed and luck: always thinking 'earn a bit more' or 'let's wait longer', resulting in turning profits into losses; always believing 'this time is different', leading to falling into a trap.
These four steps involve no complex indicators, no need to watch candlestick patterns, no need to listen to big shots analyze, as long as you can strictly execute: only choose golden cross living fish, only watch the 20-day moving average, take profits in batches, and stop losses when breaking lines, it's more effective than learning a hundred indicators!
With a principal of less than 100,000, don't think about 'getting rich overnight'; stability is key, accumulate slowly. The crypto circle is at the end of a bear market right now, it's the time to practice and accumulate chips. Follow these four steps, and in the next bull market, we'll see real results together!
A final reminder: Don't leverage, don't touch contracts, and don't heavily invest in one coin! Comment 'discipline', and I'll share with you the tools I commonly use for watching the market and managing positions, follow along and avoid 99% of the detours!
