You’ve probably experienced this too — staring at charts every day, pondering golden crosses and death crosses, trend lines, guessing highs and lows… busy as can be, yet your account remains stagnant. I understand all too well; three years ago, I was exactly like that — three margin calls, $COAI that one trade lost everything, almost quitting the scene.
Then came the turning point, I chose to completely "give up" on fancy strategies.
I abandoned all flashy tactics, sticking to just three actions: follow through when breaking historical highs, cut losses immediately on false breakouts, no mercy; always keep position size within 20%, take profits when available, never be greedy; go with the trend, follow where it leads, never try to predict bottoms or tops.
Sounds simple? It really is that simple. Yet, my account grew from 1700U to 130,000.
Many people ask me what the secret is, and my answer often surprises them — I’ve learned to become a "believer in data."
I used to think trading was about skill, courage, or even luck. Only later did I realize that the underlying logic of trading is quite straightforward: everything is about "decision-making," and whether your decisions are correct depends crucially on "data." Candlestick charts are data, prices are data, volume is data — but what if this data is delayed, tampered with, or manipulated? All the technical analysis methods you’ve learned instantly become worthless.
This lesson made me realize a deeper issue: the source of on-chain price data is critically important. I once got caught in a "false breakout," only to find out later that the problem was caused by a brief control over on-chain data. This also led me to focus on infrastructure like oracles — their real role is to ensure the authenticity and transparency of these key data points, so every trading decision is based on trustworthy information.
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MechanicalMartel
· 14h ago
Bro, I learned this logic the hard way. When the data is tampered with, it can make you lose money in just minutes.
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ZkSnarker
· 18h ago
yeah okay so the "data faithfulness" angle hits different when you realize oracles are literally just gatekeepers preventing your ta from becoming financial fanfiction... actually think most traders don't even *know* they're trading off potentially manipulated chains lmao. that's the real rekt you never see coming
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GasWaster
· 01-05 22:06
From 1,700 to 130,000 is indeed impressive, but bro, you're absolutely right about the data source issue. Otherwise, even the most advanced strategy is just nonsense.
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FrogInTheWell
· 01-04 16:49
Bro, I've also tried the give-up strategy, but it's really hard to keep the mindset... Every time I see a rebound, I want to go all-in, but it just ends up back at square one.
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SatsStacking
· 01-04 16:48
Wow, from 1700 to 130,000? That number really blew my mind, but when you break it down, it's just three actions... feels a bit crazy haha
But I really didn't expect it to come back to data in the end. Only after getting caught did I realize that's the key, right?
View OriginalReply0
DEXRobinHood
· 01-04 16:46
Haha, isn't this just my blood, sweat, and tears... being trapped to the point of questioning life.
View OriginalReply0
fomo_fighter
· 01-04 16:46
Don't deceive yourself; all indicators are just rubbish.
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MoonRocketTeam
· 01-04 16:42
The moment the data is manipulated, all technical analysis becomes worthless—this is the most terrifying part.
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From 1700U to 130,000U is indeed impressive, but what's even more shocking is realizing how long you've been played by fake data.
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In simple terms, you need to trust the data, but the prerequisite is that the data itself hasn't been tampered with. Oracles really need to be taken seriously.
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Sometimes doing nothing actually makes a profit. This logic is a bit counterintuitive but inexplicably makes sense.
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Breaking through historical highs is like, a false breakout is to cut losses. It sounds simple, but how many liquidation events does it take to truly understand?
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The key is to trust the authenticity of on-chain data; otherwise, even the best strategies are just building castles on the sand.
View OriginalReply0
ChainPoet
· 01-04 16:34
Haha, 1700U rolled up to 130,000. This data must be real, or it's all just talk.
View OriginalReply0
SpeakWithHatOn
· 01-04 16:25
Oh, this is how I used to be. Staring at the market every day and not making a single cent, I feel it so deeply.
Friend, don't scroll past.
You’ve probably experienced this too — staring at charts every day, pondering golden crosses and death crosses, trend lines, guessing highs and lows… busy as can be, yet your account remains stagnant. I understand all too well; three years ago, I was exactly like that — three margin calls, $COAI that one trade lost everything, almost quitting the scene.
Then came the turning point, I chose to completely "give up" on fancy strategies.
I abandoned all flashy tactics, sticking to just three actions: follow through when breaking historical highs, cut losses immediately on false breakouts, no mercy; always keep position size within 20%, take profits when available, never be greedy; go with the trend, follow where it leads, never try to predict bottoms or tops.
Sounds simple? It really is that simple. Yet, my account grew from 1700U to 130,000.
Many people ask me what the secret is, and my answer often surprises them — I’ve learned to become a "believer in data."
I used to think trading was about skill, courage, or even luck. Only later did I realize that the underlying logic of trading is quite straightforward: everything is about "decision-making," and whether your decisions are correct depends crucially on "data." Candlestick charts are data, prices are data, volume is data — but what if this data is delayed, tampered with, or manipulated? All the technical analysis methods you’ve learned instantly become worthless.
This lesson made me realize a deeper issue: the source of on-chain price data is critically important. I once got caught in a "false breakout," only to find out later that the problem was caused by a brief control over on-chain data. This also led me to focus on infrastructure like oracles — their real role is to ensure the authenticity and transparency of these key data points, so every trading decision is based on trustworthy information.