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Don't remind me again today

At the beginning of the year, my cousin suddenly quit his job and came to me with only 50,000 yuan: "I don't want to waste my days anymore, I want to take a shot in the crypto market."



At that time, I actually felt quite resistant. 50,000 in this market, to put it bluntly, is like throwing a match into the wind; if you're not careful, it will be gone. But seeing his drive, I still gave him all the things I had summarized from my two years of struggle.

A month later, this guy sent me a big red envelope. When I opened the account, I saw - 140,000.

Everyone thinks he has incredible luck, but only I know that it all relies on execution. He never chases the hype when selecting coins; he only looks at whether the trend is clear enough and whether the monthly line is strong enough. While others rush in when they see a price increase, he waits for a pullback, only moving when the key moving averages show a significant increase in volume. Take that time with MATIC, for example; he entered the market at the point where the 60-day moving average saw an increase in volume, and in the end, he made a profit of 60%.

Of course, there have been mistakes. Once, when OP broke through support, he still held onto false hope and didn't want to exit. I just said one word: "Cut." He gritted his teeth and sold, and as a result, it dropped another 35%. Later, he told me that that cut really hurt, but it was that cut that made him truly understand what discipline is.

Now his days are much easier than before. After dropping off the kids every day, he spends twenty minutes watching the market, and the rest of the time practicing calligraphy and drinking tea. Compared to the past, when he worked himself to the bone and still couldn't come up with a down payment, he is much freer now.

He told me: "I used to want to catch every fluctuation, but now I understand that those who really know how to play only wait for opportunities they can understand."

This is the truth of the market - it's never the people who mess around every day that make money, but those who have methods, maintain discipline, and can wait. Opportunities are always plentiful; what is lacking is the ability to understand and hold onto them.

I spent eight years figuring this out on my own, losing 70% of my principal before I understood these things. Now this light is with me, and it can illuminate not just myself.
OP12.47%
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BearMarketSurvivorvip
· 11-27 20:34
To be honest, this story makes me a bit sour. My cousin makes 140,000 a month, and I'm still repeatedly cutting losses... The key is his discipline is really amazing, not chasing the hot trends is where I failed. If I had known that holding on a bit is better than being itchy every day?
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GasFeeVictimvip
· 11-27 09:07
It's really amazing, 140,000 in a month, that's quite a pace... But to be honest, most people simply can't do it like he does; their mental resilience is just not quite there.
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BuyTheTopvip
· 11-25 16:51
It really is true, tripling in a month is indeed amazing, but why do I feel like something is missing in the story... There are so many people with strong execution skills, how did he end up making such a huge profit?
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SmartMoneyWalletvip
· 11-25 16:49
Wait, do I enter when the 60-day moving average shows higher trade volumes? I need to check this data on-chain to verify, is the chip distribution of MATIC really that perfect? Or is it hindsight...
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NFTragedyvip
· 11-25 16:49
Indeed, making 50,000 turn into 140,000 in a month sounds outrageous, but the details are all correct. The key is that he understands the moment of cutting losses, which is more valuable than making money.
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CryptoNomicsvip
· 11-25 16:34
honestly, the 60-day ma breakout on matic is just survivorship bias wrapped in anecdotal evidence. statistically significant? hardly. if you actually ran a regression analysis on ma-based entries across 500+ altcoins, you'd find the correlation coefficient is closer to noise than signal. ceteris paribus, this is just one lucky trade positioned as methodology.
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ForumLurkervip
· 11-25 16:28
This is the truth; it's not about luck, it's about discipline and patience. I've seen too many people lose their principal in day trading, really.
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