Many people get more and more complicated when trading crypto, stacking indicators all over the screen, but end up losing badly. I did the opposite—grew my principal from 30,000 to 10 million, not by relying on insider info, but by keeping things simple.



Let me talk about my three stages. First, from 30,000 to 1.2 million took me a full 2 years. Back then, I was just fumbling around and paid a lot of tuition in losses. The second stage, from 1.2 million to 6 million, took only 1 year because I found my rhythm. The last stretch, from 6 million to over 10 million, I nailed in 5 months. You’ll notice, the more money I made, the faster it grew and the less I traded—the truth is, this has nothing to do with frequent trading.

Now I focus on just one thing: the N-shape pattern. What does that mean? The price shoots up vertically, then pulls back at an angle, and finally breaks out above the previous high with another vertical move. When I see this pattern form, I enter; if it breaks down, I cut immediately. I never average down, never hold on stubbornly, and never touch leverage. I set a 2% stop loss, take profits at 10%, and a win rate of about 35% is enough. Others think this method is dumb, but as long as it works, that’s fine by me.

My actual operation is even simpler. I only keep a single 20-day moving average on the chart, and I set the color very light so it doesn’t distract me. Every morning at 9:50, I open the 4-hour chart and scan through. If I spot a setup, I place an order—it takes just 5 minutes. I just look at the major coins like BTC and ETH. The rest of the time, I go do whatever else I want.

What do I do after making money? I go in three steps: The first time I hit 1.2 million, I withdrew all my principal, and my mindset became much more stable. When it grew to 6 million, I withdrew half to buy mutual funds and fixed deposits, letting the rest keep compounding. That way, even if the market crashes, I still have a solid base.

Finally, my three iron rules: Don’t chase pumps, don’t hold onto losers, don’t get greedy. Don’t get tempted when prices are high, don’t fantasize when you’re stuck, and leave when you’ve made your profit.

There’s no holy grail in crypto—it’s all about patiently sifting for gold. Stop thinking about catching 100x coins. If you can steadily make 10% profit 20 times in a row, getting to 10 million is just a matter of time.
BTC-2.78%
ETH-2.99%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
SillyWhalevip
· 12-09 02:50
That's right, simple and straightforward is often the most effective. I just like this kind of no-nonsense approach. Just by looking at the N-shape and making this much, with only a 35% win rate? That's really eye-opening. That trick of fading the 20-day moving average is brilliant. I need to learn that—I keep getting fooled by a bunch of indicators. Not stubbornly holding onto losing positions really hits home for me. I lost quite a bit before because of that. The time differences between the three stages are so big, it truly proves that the simpler it is, the more profitable—not just empty talk. I never thought of the step of withdrawing principal. Looking at it from another angle, it really helps stabilize your mindset. The dream of 100x is deadly. Taking 10% profits 20 times is actually the right way to go.
View OriginalReply0
TokenDustCollectorvip
· 12-09 02:48
What you said makes perfect sense, it's just really hard to do—most people can't resist the urge. I've also tried the N-shaped pattern, but the key is discipline; otherwise, you'll end up chasing the highs again. Turning 30,000 into 10 million sounds great, but I bet the tuition fees for those two years weren't small either. Mindset is the most expensive thing. Using the 20-day moving average with pending orders sounds much better than those screens full of indicators.
View OriginalReply0
LayerZeroEnjoyervip
· 12-09 02:28
Honestly, I agree with this logic. I used to fill my screen with indicators, but always ended up being the bag holder. Now that I’ve learned to just focus on one pattern, I’m actually making more consistent profits. Simplifying complex things—that’s the essence of making money, isn’t it? Turning 30,000 into 10 million sounds outrageous, but if you break it down, the logic at each stage makes sense. The key is to control the urge to trade too frequently. I’ve got to try this N-shaped pattern—2% stop loss, 10% take profit, 35% win rate. Mathematically, it really can outperform most people. These three golden rules are spot on. The biggest enemies in crypto are your own greed and wishful thinking. Withdrawing your principal is absolutely crucial, otherwise your mindset will blow up sooner or later. I feel the hardest part isn’t learning this method, but whether you can really stick to not watching the charts for five months. Under what market conditions does the N-shaped pattern fail? Have you ever been burned by it?
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)