After seven years of trading in Crypto Assets, I lost over a million in the first three years, but in the following years, I returned to profitability and achieved several times the returns. Throughout this journey, each transaction has contained valuable lessons.

The essence of the market remains unchanged: the vast majority of retail investors focus on short-term news, a few traders attempt to predict the movements of large players, while truly successful investors concentrate on technical analysis, especially moving averages.

Comparing moving averages of different periods to a medical team: the 5-day line is like the head of the emergency department, responding quickly; the 30-day line is like an internal medicine specialist, grasping mid-term trends; the 60-day line is the anchor for long-term strategies.

When the 5-day moving average breaks through the 30-day or 60-day moving average, it often signals a market rebound; conversely, when it falls below these moving averages, caution is needed, and positions should be reduced accordingly. To avoid impulsive trading, we should wait for the 5-day, 30-day, and 60-day moving averages to form a consistent trend before entering the market. In the Crypto Assets market, simple moving average strategies are often more effective: enter the market when the 5-day moving average breaks through, and exit when the 60-day moving average turns.

However, technical analysis alone is not enough. Strict trading discipline is equally important. There was a trader who had to hide in the bathroom to close positions during his own wedding after discovering a break in the 5-day moving average. This highlights the importance of adhering to the trading plan and not letting emotions dictate judgment.

Remember: you can question your own judgment, but do not doubt the market signals formed by multiple moving averages. Achieving success in the Crypto Assets market is not the result of fighting alone, but is built on solid market understanding and strict trading discipline.

Mastering moving average trading strategies quickly in this ever-changing market is not easy. If you want to seize current market opportunities, relying on temporary learning may be difficult to cope with. Finding an experienced mentor or reliable information source can help you get started faster and keep up with market trends in a timely manner.