Why can't most people make big money trading crypto?
To be blunt, many people invest purely based on feelings. They get excited when prices rise and panic when they fall—the whole process is driven by emotion, not rational thinking. The price movements of coins like ZEC, PIPPIN, and ETH actually follow certain patterns.
When it comes to crypto trading, once you have the right mindset, the rest is execution. Master and strictly follow these 6 rules below, and your account balance is likely to grow steadily:
**Rule 1: Follow the trend** No trend, no profit. Smart big money only trades trending markets. Can't find a good trend? Stay on the sidelines or just dabble with a small amount. Don't force it.
**Rule 2: Pick strong coins, not weak ones** Your coin selection determines your fate. Strong coins usually trend upward in a unilateral fashion—they rise sharply and pull back shallowly. Pick the right coin and you're halfway to success.
**Rule 3: Wait for the bottom** Never chase the top. Patiently wait for the price to hit the bottom or a stage bottom before acting. Do your homework before entering, focusing on coins with strong trends and attractive charts. Ignore lousy coins altogether.
**Rule 4: Hold to win** Once you buy in, don't move unless you see signs of a peak. Ignore short-term volatility; only consider exiting when there are clear top signals.
**Rule 5: Don’t go for the tail** Has the price reached a relatively high level? Lock in your profits quickly. The tail end is the riskiest part—timely profit-taking is the key to keeping your gains.
**Rule 6: Realize your profits** Convert your earnings into stablecoins or cash out as needed. Investing is investing, living is living—you need cash flow to cover your daily expenses.
The crypto market is full of uncertainty. There are risks, but also opportunities. Always make sure you know what you’re doing, stay calm, and use solid strategies to handle whatever the market throws at you. Don’t let your emotions take the wheel—that’s the key to surviving long term.
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MetaMisery
· 12-05 09:56
That's right, it's emotions that ruin everything. I've fallen for all of them before.
View OriginalReply0
LonelyAnchorman
· 12-05 09:53
That's right, emotions are the biggest trap. A bunch of my friends ended up buying at the top and getting stuck, then selling at a loss and giving up, creating a vicious cycle...
View OriginalReply0
BTCBeliefStation
· 12-05 09:52
That's right, emotions are truly the biggest enemy. I only realized it after getting burned countless times myself...
View OriginalReply0
SchrodingerGas
· 12-05 09:51
That's right, it's a game theory equilibrium issue—most retail investors can't even calculate the interaction costs, yet still fantasize about arbitrage...
View OriginalReply0
ProofOfNothing
· 12-05 09:50
说得没毛病,就是执行难啊兄弟
Reply0
BetterLuckyThanSmart
· 12-05 09:32
That's right, I've fallen into this trap myself. My account was once cut in half because I chased the highs and ended up being the bag holder.
Why can't most people make big money trading crypto?
To be blunt, many people invest purely based on feelings. They get excited when prices rise and panic when they fall—the whole process is driven by emotion, not rational thinking. The price movements of coins like ZEC, PIPPIN, and ETH actually follow certain patterns.
When it comes to crypto trading, once you have the right mindset, the rest is execution. Master and strictly follow these 6 rules below, and your account balance is likely to grow steadily:
**Rule 1: Follow the trend**
No trend, no profit. Smart big money only trades trending markets. Can't find a good trend? Stay on the sidelines or just dabble with a small amount. Don't force it.
**Rule 2: Pick strong coins, not weak ones**
Your coin selection determines your fate. Strong coins usually trend upward in a unilateral fashion—they rise sharply and pull back shallowly. Pick the right coin and you're halfway to success.
**Rule 3: Wait for the bottom**
Never chase the top. Patiently wait for the price to hit the bottom or a stage bottom before acting. Do your homework before entering, focusing on coins with strong trends and attractive charts. Ignore lousy coins altogether.
**Rule 4: Hold to win**
Once you buy in, don't move unless you see signs of a peak. Ignore short-term volatility; only consider exiting when there are clear top signals.
**Rule 5: Don’t go for the tail**
Has the price reached a relatively high level? Lock in your profits quickly. The tail end is the riskiest part—timely profit-taking is the key to keeping your gains.
**Rule 6: Realize your profits**
Convert your earnings into stablecoins or cash out as needed. Investing is investing, living is living—you need cash flow to cover your daily expenses.
The crypto market is full of uncertainty. There are risks, but also opportunities. Always make sure you know what you’re doing, stay calm, and use solid strategies to handle whatever the market throws at you. Don’t let your emotions take the wheel—that’s the key to surviving long term.