Treat trading cryptocurrencies as a job, and you'll truly make money.


In the first few years of entering the circle, I was like most people: staying up late watching charts, chasing gains and selling losses, getting liquidated, insomnia, anxiety—all experienced.
Later, I changed my approach: only do one thing—treat crypto trading as a job, clock in and out on time, follow a plan.
Below are some of the lessons I learned from real trading losses; beginners should save this:
1. Trade only after 9 PM
During the day, news is abundant and volatility is chaotic; the market moves erratically like a tantrum.
I now mainly trade after 9 PM, when news has mostly been digested, candlesticks are cleaner, and the trend is clearer.
2. Take profits immediately
Don’t be greedy. If you earn 1,000 USD, withdraw 300 USD first, and play with the rest.
I’ve seen too many people wanting five times their gains after tripling, only to be wiped out by the next correction, with no principal left.
3. Use indicators, don’t rely on feelings
Don’t enter based on “feelings,” that’s the fastest way to get liquidated.
Install TradingView on your phone, and before trading, check these three:
MACD: Is there a golden cross or death cross?
RSI: Is it overbought or oversold?
Bollinger Bands: Is it narrowing or breaking out?
Only consider entering if at least two of these indicators agree on the same direction.
4. Trailing stop-loss as the price rises
When monitoring the market, move your stop-loss up as the price increases. For example, buy at 1,000 USD, and if it rises to 1,100 USD, move the stop-loss to 1,050 USD.
If you can’t monitor constantly, set a hard stop-loss at 3% to prevent a sudden dump from wiping out your position.
5. Withdraw profits systematically
The numbers on your account are not real money; only when you transfer to your bank card is it real money.
With each profit, withdraw 30%-50%, don’t keep everything hoping for tenfold gains.
6. There’s skill in reading candlesticks, not just clicking randomly
For short-term trading, look at the 1-hour chart; two consecutive bullish candles can signal a long opportunity.
If the market is sideways, check the 4-hour chart for support levels; consider entering when the price approaches support.
7. Avoid these pitfalls at all costs!
Don’t over-leverage with heavy positions; one wrong move and it’s all gone.
Don’t touch altcoins you don’t understand; they’re easy to get liquidated.
Limit yourself to three trades per day; more than that can lead to emotional loss.
Never borrow money to trade! Never! Never!
Crypto trading isn’t about impulsive wealth; it’s about executing a strategy consistently over the long term.
Follow Ming Ge—no hype, no pie-in-the-sky promises, just sharing practical experience to survive in the circle.
If you want to grow small funds into big ones, talk to me @QingYuePrincess
View Original
post-image
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
  • 8
  • Repost
  • Share
Comment
Add a comment
Add a comment
lucy275
· 1h ago
What is the download link for TradingView? Could you recommend one?
View OriginalReply0
PrincessQingyue
· 3h ago
Steadfast HODL💎
View OriginalReply0
PrincessQingyue
· 3h ago
Steadfast HODL💎
View OriginalReply0
PrincessQingyue
· 3h ago
Just charge forward 👊
View OriginalReply0
PrincessQingyue
· 3h ago
Just charge forward 👊
View OriginalReply0
PrincessQingyue
· 3h ago
Just charge forward 👊
View OriginalReply0
PrincessQingyue
· 3h ago
Hop on now!🚗
View OriginalReply0
PrincessQingyue
· 3h ago
Hop on now!🚗
View OriginalReply0
  • Pin