There is an interesting paradox in the crypto world — the smarter people think they are, the more likely they are to stumble in trading. I am the living proof of "foolish people making money."
Initially, I was a complete novice, couldn't understand candlestick charts, was too lazy to learn technical indicators, and didn't chase rumors. I only did one thing: obsessively follow the trend. As a result, my $3,000 capital grew to $24,000, an eightfold increase.
Later, I summarized why I was able to make money and found only three strict rules. They sound incredibly stupid, but they work like a charm:
**Step 1**: When the trend starts to rise, first allocate 3% of your core position. No bottom fishing, no market prediction, no trying to be smart. Avoid trash coins; prioritize stability.
**Step 2**: When the market shows a clear direction and the trend is truly stable, add another 20% to 50% of your position. Don’t compete with the big players for the bottom; just blindly "confirm the trend" — this stupid move is actually the most stable.
**Step 3**: Take profits when you have them. Set your take-profit and stop-loss targets early, and don’t be swayed by market volatility. While others are still dreaming of the next big surge, I’ve already pocketed my money.
A friend of mine once lost a full 400,000 yuan and was on the verge of a breakdown. Later, he followed this "Foolish Trader Method" and managed to recover all his losses in less than three months. He jokingly said that this method is indeed incredibly foolish, but so foolish that it can make money.
Looking at most of the losers in the crypto circle, where is the problem? They are too smart. Changing coins seven times a day, chasing after pumps, always late to cut losses. Those who can survive and steadily make money in crypto rely on the three words: "Slow, Foolish, Stable" — so foolish it’s laughable, yet so effective it’s terrifying.
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WhaleWatcher
· 12-28 00:04
Really, the guys around me who understand technical analysis all lose big. Conversely, those who do nothing but hold stubbornly haven't lost much money.
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That's right, I am a typical "smart person" and have been taught many lessons by the market. Now I am starting to learn to be "stupid."
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This operation sounds really boring, but I find it makes sense. Not taking profits easily is especially painful; I used to hold on stubbornly and got slapped in the face by a rebound.
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Three months to turn 40,000 into a fortune? That's a joke, or maybe your friend was just naturally talented but lacked the right method?
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Being so stupid that it’s funny and earning so fearfully—I need to remember this sentence and use it to motivate myself next time I lose again.
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The key is that most people simply can't stick to this approach; when the market rises, they still want to chase the trend.
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I just want to know where these three percentages come from—3%, 20% to 50%. Are these ratios set in stone?
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FlyingLeek
· 12-25 10:13
To be honest, I've heard this methodology many times, but very few actually implement it... including myself. The worst part is knowing when to take profits, but I just can't press the button, always wanting to wait a little longer.
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BlockchainDecoder
· 12-25 09:57
Research shows that this touches on a classic paradox in behavioral finance—the Overconfidence Bias(Overconfidence Bias) leading to trading failures. It is worth noting that the author's "three-step method" essentially involves a conservative application of the Kelly Criterion(Kelly Criterion), profiting through strict risk management rather than market prediction. From a technical perspective, the logic behind the 3% initial position size corresponds to risk exposure control, which aligns closely with the capital management principles of modern portfolio theory. Interestingly, what appears to be a "foolish" delayed entry actually avoids systematic market timing risks.
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GhostChainLoyalist
· 12-25 09:56
You're not wrong, I'm just too smart, so I've been losing money all along haha
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WhaleStalker
· 12-25 09:56
This logic, to put it simply, is don't overthink it, and the market will actually give you money. It's a bit crazy.
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SolidityStruggler
· 12-25 09:51
Exactly right, I am the kind of person who thinks I am smart. I spend every day researching on-chain data and whale movements, only to lose half a year's worth of gains in a month. Looking at your method, it seems like it's really just about thinking less and waiting more.
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MetaLord420
· 12-25 09:33
Really, the more I research, the more I lose. Sometimes, not knowing actually makes the gains more satisfying.
There is an interesting paradox in the crypto world — the smarter people think they are, the more likely they are to stumble in trading. I am the living proof of "foolish people making money."
Initially, I was a complete novice, couldn't understand candlestick charts, was too lazy to learn technical indicators, and didn't chase rumors. I only did one thing: obsessively follow the trend. As a result, my $3,000 capital grew to $24,000, an eightfold increase.
Later, I summarized why I was able to make money and found only three strict rules. They sound incredibly stupid, but they work like a charm:
**Step 1**: When the trend starts to rise, first allocate 3% of your core position. No bottom fishing, no market prediction, no trying to be smart. Avoid trash coins; prioritize stability.
**Step 2**: When the market shows a clear direction and the trend is truly stable, add another 20% to 50% of your position. Don’t compete with the big players for the bottom; just blindly "confirm the trend" — this stupid move is actually the most stable.
**Step 3**: Take profits when you have them. Set your take-profit and stop-loss targets early, and don’t be swayed by market volatility. While others are still dreaming of the next big surge, I’ve already pocketed my money.
A friend of mine once lost a full 400,000 yuan and was on the verge of a breakdown. Later, he followed this "Foolish Trader Method" and managed to recover all his losses in less than three months. He jokingly said that this method is indeed incredibly foolish, but so foolish that it can make money.
Looking at most of the losers in the crypto circle, where is the problem? They are too smart. Changing coins seven times a day, chasing after pumps, always late to cut losses. Those who can survive and steadily make money in crypto rely on the three words: "Slow, Foolish, Stable" — so foolish it’s laughable, yet so effective it’s terrifying.