From Debt of 480,000 to Eight-Digit Assets: An Eight-Year Trading Journal

I still remember that morning eight years ago clearly. Standing on the platform in the south with my suitcase, surrounded by people coming and going, but my mind was empty. Life’s turning points often come unexpectedly — just yesterday I had a stable job, and today I was burdened with 480,000 in debt, renting a tiny cubicle of about ten square meters. The 5,000 yuan monthly rent was borrowed from friends.

During the day, I ran errands for small businesses; at night, I studied various possible ways out. By chance, I got involved in crypto trading, initially losing money all the way, even investing the borrowed living expenses. Looking back now, that period turned out to be the greatest gain — not in money, but in understanding the market.

**Why do most people fail in this market**

I’ve interacted with many traders, and their common flaw is the same: obsession with complex indicator systems, infatuation with so-called insider information, eyes glued to minute-level charts until they become blurry. The result? Accounts shrink, dreams shatter. The crypto market has never been about outsmarting others; it’s about who can stick to discipline.

My approach over the years has been completely different. The daily chart is my only battlefield; I never participate in the noise of minute-level charts, nor do I chase hot coins. It sounds like an outdated method, but it’s this “simple” approach that helped me preserve my principal during the big correction in 2022, and later, I even outperformed 80% of my peers.

Two tools are enough: moving averages and MACD. They seem basic, but when mastered, they are powerful weapons in the market.

**How exactly to operate**

First, target selection, focusing on a single signal: a golden cross at the zero line on the daily chart. Open your chart and turn off all those shiny indicators. Focus solely on the raw price data and basic technical tools — that’s enough.