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“A few thousand bucks—can you bet it and make it to $1 million?”
Honestly, it’s hard, but not impossible. The key isn’t luck—it’s direction, methods, and execution. Over the years, I’ve stepped into traps, been liquidated, and also put together a super simple four-step strategy.
First step: Only look at the weekly chart.
Don’t constantly watch 5-minute or 15-minute candles—focus only on the weekly trend. Prefer coins with KDJ golden crosses at low levels and a trend that has just started; the win rate is higher.
Second step: Hold the 20-week moving average.
If the coin price holds above the 20-week moving average, keep holding; if it effectively breaks down below it, exit immediately. Moving averages aren’t for reference—they’re discipline.
Third step: Enter after a breakout with increased volume.
When the price moves back above the 20-week moving average and the trading volume clearly surges, it means capital is starting to come in—you can ride the momentum to participate.
Take profits in batches:
If it rises 30%, cut the position by one quarter;
If it rises 60%, cut another quarter;
The remaining position continues to follow the trend; if the price breaks below the moving average, exit all at once.
Fourth step: Stop-loss—never hesitate.
If, after breaking below the moving average, it still can’t get back above it within three days, close the position immediately—don’t gamble on luck. Wait until it regains the moving average, then consider re-entering.
For spot, study the trend; for futures, execute the system. Don’t try to catch every opportunity—only go after the market you can understand. People who make money long-term aren’t the ones with the most accurate predictions; they’re the ones with the most stable execution. Whether a few thousand bucks can be grown big doesn’t depend on the principal—it depends on whether you can stick to these four rules to the end.