After years of navigating the crypto world, there's a harsh reality: 99% of losses are not caused by market movements, but by your own greed and impulsiveness.
You might be familiar with coins like $ZEC, $ZKP, $FLOCK. But that's not the point. The key is—when you don't have much in your account, the most deadly habit is obsession with watching the market and trading on impulse. What truly changes an account are not those small daily swings, but the one or two critical big opportunities in a year.
Keep some cash on hand. It's not just for replenishing positions. More importantly, cash helps you stay rational.
If you don't understand a coin, don't touch it. You can practice on a demo account as much as you like, but once real money is involved, your mindset can collapse instantly. Before placing an order, think through the logic thoroughly. Understand it clearly before acting, or else wrong decisions will keep coming.
Here's a counterintuitive point: when positive news erupts, that's often the time to get out quickly. When everyone is scrambling to buy in, that's the riskiest moment. A gap up doesn't equal opportunity; it often signals a sell-off.
Before holidays? Be cautious. Liquidity drops, prices can become uncontrollable. Instead of obsessively watching the market to the point of breakdown, it's better to relax and enjoy the holiday.
Mid-term traders shouldn't dream of overnight riches. When prices fall, buy slowly; when they rise, sell in batches. Keep some cash in hand to stay calm. Short-term traders should focus only on coins with high trading volume. Coins with no volume? Entering them makes it hard to exit smoothly—that's a trap.
Coins that are slowly declining often give you reaction opportunities. But if there's a sudden sharp drop followed by a rebound, don't be greedy. Enter quickly, exit quickly—that's the way to survive. Being too greedy increases the risk of a crash.
What is the essence of stop-loss? It's the courage to admit mistakes. As long as your principal is alive, opportunities will never disappear.
You don't need to learn too many technical indicators; mastering a few core ones is enough. Complexity doesn't mean effectiveness; it can just confuse you.
One last word—when it comes to crypto, in the end, it's just two words: restraint. Restrain greed, resist the impulse for frequent trading, and avoid the fantasy of getting rich overnight. Only those who can do this will be able to walk steadily in the market and not be swept away by waves.
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CafeMinor
· 11h ago
The words "restraint" are too piercing. I'm the kind of person who gets itchy hands at the sight of a rise.
View OriginalReply0
MissingSats
· 15h ago
Really, the habit of watching the market closely is the most deadly. Very true.
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Trading when trembling hands, the fastest way to lose money. Personal experience.
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I have deep experience in selling during good news. Every time I get greedy, I get trapped.
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Self-control is easy to say but hard to do. Few can truly achieve it.
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Simulated trading makes you a master at making money, but real money instantly turns you into a rookie. Anyone?
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If you don't understand a coin, really don't touch it. Many people get killed by this one point.
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Having cash in hand keeps your mindset stable. Those without cash are all big fools.
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Coins with no volume in short-term trading are traps. You can't even escape.
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Stop-loss means admitting you're wrong. Sounds simple, but doing it feels like a knife stabbing your heart.
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Selling before holidays is the truth. Don't gamble with liquidity.
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There are only one or two opportunities a year. Most of the time, you just have to be idle.
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Don't be greedy during sharp rebounds. This time, you'll have to pay tuition again.
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The simpler the technical indicators, the better they work. Complex indicators just mess you up.
View OriginalReply0
unrekt.eth
· 12-26 08:40
You're so right, a shaky hand can lead to huge losses
The liquidity pool has really saved me many times; every time I want to buy the dip, I run out of money
Restraint is indeed difficult, especially when watching others make money
View OriginalReply0
MissedTheBoat
· 12-26 08:40
That's so true, cash flow is the reassurance pill.
Really, there are only one or two opportunities a year, and the rest of the time should be idle.
I'm that 99% who stare at the charts obsessively, fingers are super fast, but my brain is super slow.
I've stepped on too many pits during sharp declines and rebounds, now I just want to run when I see a rebound, haha.
Restraint is easy to say, but who can really do it... I admit I can't.
Coins I don't understand, I really won't touch. I've finally understood this now.
View OriginalReply0
MEVHunterNoLoss
· 12-26 08:37
Well, there's nothing wrong with that, but executing it is truly hell.
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That obsession with watching the market really hit home; I lost money just like that.
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Holding cash really makes it easier to be impulsive when you have no bullets left, and then it's gone.
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I’ve learned the hard way that running during good news is necessary; now I sell in collective frenzy at the first sign of good news.
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Stop-loss is just admitting you're wrong? Sounds simple, but actually doing it is deadly haha.
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Self-control, everyone talks about it, but when it comes to the market, the mentality can explode instantly.
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The simpler the technical indicators, the better; overcomplicating them just makes you fight yourself.
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Short-term trading really depends on volume; no volume means a trap, and the despair of being stuck is unbearable.
View OriginalReply0
FlashLoanPrince
· 12-26 08:30
That hits too close to home. I'm the kind of trash who trades with a shaky hand.
The principle that the opportunity to stay alive with your principal never disappears—this really needs to be engraved in my mind.
Staring at the charts every day is like committing suicide, and that's no lie.
The word "self-control," I don't think I've learned it yet.
Avoid coins I don't understand; instead, I end up trading all of them...
A high opening is actually a signal to sell off; I need to ponder this reverse thinking.
Running away at a good moment is too difficult.
The dream of getting rich overnight has to be abandoned; it's too destructive.
View OriginalReply0
SigmaValidator
· 12-26 08:12
Well said, restraint is truly the only secret to surviving in the crypto world.
After years of navigating the crypto world, there's a harsh reality: 99% of losses are not caused by market movements, but by your own greed and impulsiveness.
You might be familiar with coins like $ZEC, $ZKP, $FLOCK. But that's not the point. The key is—when you don't have much in your account, the most deadly habit is obsession with watching the market and trading on impulse. What truly changes an account are not those small daily swings, but the one or two critical big opportunities in a year.
Keep some cash on hand. It's not just for replenishing positions. More importantly, cash helps you stay rational.
If you don't understand a coin, don't touch it. You can practice on a demo account as much as you like, but once real money is involved, your mindset can collapse instantly. Before placing an order, think through the logic thoroughly. Understand it clearly before acting, or else wrong decisions will keep coming.
Here's a counterintuitive point: when positive news erupts, that's often the time to get out quickly. When everyone is scrambling to buy in, that's the riskiest moment. A gap up doesn't equal opportunity; it often signals a sell-off.
Before holidays? Be cautious. Liquidity drops, prices can become uncontrollable. Instead of obsessively watching the market to the point of breakdown, it's better to relax and enjoy the holiday.
Mid-term traders shouldn't dream of overnight riches. When prices fall, buy slowly; when they rise, sell in batches. Keep some cash in hand to stay calm. Short-term traders should focus only on coins with high trading volume. Coins with no volume? Entering them makes it hard to exit smoothly—that's a trap.
Coins that are slowly declining often give you reaction opportunities. But if there's a sudden sharp drop followed by a rebound, don't be greedy. Enter quickly, exit quickly—that's the way to survive. Being too greedy increases the risk of a crash.
What is the essence of stop-loss? It's the courage to admit mistakes. As long as your principal is alive, opportunities will never disappear.
You don't need to learn too many technical indicators; mastering a few core ones is enough. Complexity doesn't mean effectiveness; it can just confuse you.
One last word—when it comes to crypto, in the end, it's just two words: restraint. Restrain greed, resist the impulse for frequent trading, and avoid the fantasy of getting rich overnight. Only those who can do this will be able to walk steadily in the market and not be swept away by waves.