The biggest trap in making money in the crypto circle boils down to two words: greed.
When the market is good, stories of turning a few thousand into a million are everywhere. But do you know? The real horror isn’t earning slowly, but making quick gains and not being able to hold onto them.
Many people have hundreds of thousands in floating profits, but after a wave of correction, they not only give back their profits but also lose their principal. Why does this happen? It’s not because the market is crushing your hands, nor because your skills are lacking—it's one reason: you simply don’t know when to stop.
Many misunderstand rolling positions, thinking that doing trades every day and疯狂加仓 (crazy adding to positions) is rolling. Wrong! The true rule of reliable rolling is: when there’s no certain opportunity, stay in cash and wait. It’s not about being picky; it’s about survival.
People who suffer big losses usually fall into these three traps:
**Forcing trades without seeing the trend clearly**—this is the most deadly
**Making big gains and then aggressively adding to positions**—the start of greed
**Holding on stubbornly during a drawdown without cutting losses**—a gambler’s mentality
On the other hand, those who keep their accounts active are all very disciplined. I’ve summarized my three bottom lines:
First, when you make your first profit, immediately withdraw the principal. From then on, use only the profits to trade. How bad can your mindset be? Protect your initial capital first—that’s psychological resilience.
The more you earn, the more conservative you should be. When floating profits are in place, set stop-loss orders, don’t chase the top, and definitely don’t stubbornly hold onto profits turning into losses.
Only trade during explosive trend phases. Don’t focus on trading frequency; focus on certainty. When the trend isn’t clear, staying in cash feels quite comfortable.
Finally, to be honest: the crypto world is never about who earns faster, but about who can take profits and still walk away intact. Patience, reducing positions, and knowing when to stop are the qualifications for long-term success.
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HalfIsEmpty
· 4h ago
Ah, that's so true. I've seen too many people go all-in and lose everything.
Even if you make more money, you have to keep your life first, or else everything is pointless.
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GhostAddressMiner
· 4h ago
It seems to be about stop-loss, but the on-chain data has already spoken. Those wallets with floating profits of hundreds of thousands that eventually got liquidated—I traced the source, and they are mostly positions targeted by big whales.
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DefiPlaybook
· 4h ago
Honestly, I verified this logic a long time ago. When I was out of the market waiting for certainty, everyone else laughed at me for being naive. Now they are still here, and their accounts are already history [dog head].
The most terrifying thing is not a wave of losses, but watching hundreds of thousands of floating gains shrink into negatives and being unwilling to cut losses. I've seen too many people treat risk management as an emotional management issue.
Taking out the principal first is easy to say but really requires restraint to do. When your mindset collapses, all theories are useless.
Unpredictable losses are like this: you clearly see the right direction but end up losing money. The underlying logic of the crypto world is so magical.
Even seasoned traders no longer chase high now, but new traders always fail to learn. Isn't this the reason why the market can never be fully cut?
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CoconutWaterBoy
· 4h ago
Really, I've seen too many cases where people make tens of thousands in unrealized gains but end up with nothing left in the end because they can't hold back.
Wait, isn't the topic about comparing gold and Bitcoin? Why bring up the mindset of rolling positions?
That's a valid point, but most people simply can't double their principal on the first trade; the psychological barrier is too tough.
Being out of the market is also quite comfortable—this statement is spot on. How many people can truly experience this sense of ease?
Small profits lead to aggressive position increases—that's my old bad habit, a painful lesson.
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CryptoTarotReader
· 4h ago
That's so true. It's really not about who makes money faster, but who survives longer. I've seen too many accounts multiply tenfold in a month only to be wiped out immediately.
The biggest enemy of human nature is greed. When seeing floating profits soar, you simply can't stop, and by the time a correction occurs, it's already too late.
In one sentence, holding cash is worth much more than knowing how to trade.
The biggest trap in making money in the crypto circle boils down to two words: greed.
When the market is good, stories of turning a few thousand into a million are everywhere. But do you know? The real horror isn’t earning slowly, but making quick gains and not being able to hold onto them.
Many people have hundreds of thousands in floating profits, but after a wave of correction, they not only give back their profits but also lose their principal. Why does this happen? It’s not because the market is crushing your hands, nor because your skills are lacking—it's one reason: you simply don’t know when to stop.
Many misunderstand rolling positions, thinking that doing trades every day and疯狂加仓 (crazy adding to positions) is rolling. Wrong! The true rule of reliable rolling is: when there’s no certain opportunity, stay in cash and wait. It’s not about being picky; it’s about survival.
People who suffer big losses usually fall into these three traps:
**Forcing trades without seeing the trend clearly**—this is the most deadly
**Making big gains and then aggressively adding to positions**—the start of greed
**Holding on stubbornly during a drawdown without cutting losses**—a gambler’s mentality
On the other hand, those who keep their accounts active are all very disciplined. I’ve summarized my three bottom lines:
First, when you make your first profit, immediately withdraw the principal. From then on, use only the profits to trade. How bad can your mindset be? Protect your initial capital first—that’s psychological resilience.
The more you earn, the more conservative you should be. When floating profits are in place, set stop-loss orders, don’t chase the top, and definitely don’t stubbornly hold onto profits turning into losses.
Only trade during explosive trend phases. Don’t focus on trading frequency; focus on certainty. When the trend isn’t clear, staying in cash feels quite comfortable.
Finally, to be honest: the crypto world is never about who earns faster, but about who can take profits and still walk away intact. Patience, reducing positions, and knowing when to stop are the qualifications for long-term success.