Having been in the crypto world for over ten years, I want to share my honest thoughts with everyone. From losing fifty thousand dollars to having nothing left, then turning around to twenty million dollars, I’ve tasted all the blood, sweat, and tears along the way.

In mid-2014, I took all my family’s savings of fifty thousand dollars and jumped in, just like you all do now, dreaming of sudden wealth every day. During the bull market, altcoins were flying everywhere, I was fully invested in all kinds of junk coins, with my highest account reaching fifteen thousand dollars. I would stare at my phone every day, smiling foolishly, truly thinking I was a genius trader. But when the bear market hit in 2018, my coins started to plummet like crazy—30% drop in a day, halving in a week—and in the end, I was left with only ten thousand dollars.

During that time, I went into hibernation for two years, devouring whitepapers and slowly figuring out some principles. When the DeFi boom hit in 2020, I finally seized the opportunity, starting with ten thousand dollars, gradually bottom-fishing on several decentralized exchanges. When they rose, I didn’t get greedy—taking a million dollars and decisively taking profits. This experience made me truly understand—markets only favor the stubborn, and they only give money to those who are prepared. Later, in 2021, during the NFT frenzy, I first tried with 20% of my position, making some small profits and then exiting. After targeting Axie Infinity’s blockchain game, I went all-in, and within three months, my account surged to five hundred thousand dollars. Starting from 2022, I began dollar-cost averaging into Bitcoin and Ethereum, and now my holdings have steadily surpassed twenty million dollars.

Honestly, many people don’t know how to read candlestick charts, and those who do only understand a little. Very few can see the details and technical patterns clearly. But I’ve discovered a secret—mastering a set of techniques you can understand isn’t difficult; what’s hard is not wanting to learn or unwilling to learn. Today, I’ll teach you something I’ve used for many years, repeatedly proven effective: the pinbar trading method, with a win rate of up to 90%.

First, you need to learn how to identify pinbars on candlesticks, as these represent the code to wealth. Pinbars don’t require a specific color, but the real body can’t be too long, and the opposite shadow must be more than twice the size of the body; otherwise, it’s not a valid pinbar. Some distorted candlesticks in real trading also meet these conditions. We call these two patterns “shooting star” and “hammer”—only enter trades when you spot these two patterns. During other times, stay on the sidelines; this will greatly improve your win rate.

Don’t worry about missing trading opportunities. When you lack technical skills, simpler methods often make more money. The key is that the pinbar must be in the right position to be effective. A shooting star must appear at the top of a rally, and a hammer must appear at the bottom of a decline. At the same time, the pinbar must be at a key level—main support or resistance.

After learning to spot pinbars, the next step is to develop a trading strategy. There are generally two entry methods: breakout entry or 50% retracement entry. Place your stop-loss at the opposite break signal, and take profit at a distance equal to the pinbar’s height or use a trailing stop. Remember these two profit-taking rules: risk-reward ratio greater than 1:1.5, and aim to capture at least the range from the pinbar’s high to its low.

What does a risk-reward ratio of 1:1.5 mean? It means that for each dollar you invest in a trade, you can only lose one dollar, but you aim to make at least 1.5 dollars in profit. As long as you strictly follow a risk-reward ratio greater than 1:1.5 over the long term, you only need a 40% win rate to ensure profitability. Moreover, this pinbar trading method itself has a 90% win rate.

But this method isn’t a magic pill; there will be times of failure. Entering trades involves risk, so trade cautiously and always stick to strict stop-loss rules. In the crypto world, there are no absolute winners or losers—only those who keep adjusting through their evolving understanding. Some make their first fortune with disciplined strategies but get wiped out by black swans; others buy recklessly following the crowd and lose everything, only to later find a rhythm that suits them.

The market is fair to everyone. It gives each person the chance to make mistakes and the space to correct them. Those who can go far in crypto aren’t the ones who are always right, but those who can stand tall after making mistakes. No matter how diligent a fisherman is, he won’t go out to sea during a storm; he will protect his boat with care. This season will pass, and a sunny day will come. Going with the trend is the way to have a life in harmony with the market.