Here's a heartbreaking truth: When the market pulls back, do you always feel like you're the one being targeted?
Every time you just open a position, it starts to fall; just when you cut losses, the market rebounds. The worst part is, the more you try to catch the bottom, the more you're buried; the more you try to stop-loss, the more you get caught flat-footed. You start questioning life, thinking the big players are monitoring your account.
But the reality might be even harsher—it's not the market playing with you, it's yourself battling against yourself.
Here are some common ways to die during a pullback—see how many you're guilty of:
- Holding on stubbornly after being deep in the red, watching the account balance turn from red to green, until you become numb and don't want to look at it anymore; - Seeing altcoins bounce back with two green candles and rushing in, only to stand on the halfway hill and feel the cold wind; - When BTC breaks support levels, panic sets in, selling at the bottom, then watching the price bounce back right after you sell; - Thinking "this time it's definitely the bottom," going all-in to turn things around, only to be taught a lesson by a new wave of decline.
Do you think you're trading based on candlestick charts? Actually, you're fighting your greed and fear. Market pullbacks are just amplifiers, exposing every little wobble in your mind very clearly.
So, how to break through? Here are three practical mental strategies:
**First, learn to wait.** The biggest temptation during a pullback is "opportunities seem to be everywhere." Today, this coin dropped 30%, seeming cheap; tomorrow, that coin rebounds 15%, seeming like it's about to take off. But you need to understand that no matter how many vague opportunities there are, one confirmed signal is worth more. Better to miss a hundred false signals than to jump on a real trend that’s just beginning. During pullbacks, not losing is winning.
**Second, admit mistakes quickly.** Many people lose money because they refuse to admit they were wrong. If you're wrong, you're wrong; if the trend has changed, it has changed. Holding on stubbornly only makes the wounds worse. Selling at a loss is tough, but it's better than a complete wipeout. The market won't give you face just because you're stubborn.
**Third, stay sober-minded.** Don't get cocky when you're making money, and don't panic when you're losing. During a pullback, it's like a mirror that clearly reveals your emotional management skills. Those who can stay true to their principles are the ones who can seize their own opportunities when the market turns around.
Trading is never about being smarter than others; it's about controlling yourself better. Once you learn self-restraint and make decisions within your cognitive limits, the market will eventually reward you.
Pullbacks are not scary; what's scary is destroying yourself in the process. Keep a steady mind, hold your bottom line, and leave the rest to time.
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CexIsBad
· 12-13 15:29
Ha ha, I've been shot again. It's always when I enter the market that it starts to fall. I suspect I am being monitored.
Really, I just can't control my restless heart. I always want to buy the dip but end up getting stuck deeply.
You're right, the problem isn't with the market but with myself. I need to learn to wait; not every opportunity should be taken.
This part really hits home. Admitting mistakes is really hard, but it's much better than holding on to a margin call.
Emotional management is my biggest weakness. I'm always reckless when I'm making profits and panicked when I'm losing.
Mindset really is the biggest enemy, a hundred times more important than technical analysis.
But to be honest, it's still very difficult to do. Easy to understand, hard to practice, right?
View OriginalReply0
GateUser-2fce706c
· 12-13 11:23
I've already said that this wave of correction is the best opportunity to get in. Those still cutting losses are all inexperienced traders who haven't suffered any losses. I explained this trading philosophy three years ago.
View OriginalReply0
MysteriousZhang
· 12-10 16:56
I damn well am that unlucky bastard who just bought in and the market dipped, and when the recovery happens, it's definitely me that gets caught holding the bag.
View OriginalReply0
MEVHunter
· 12-10 16:53
ngl this "wait for confirmation" advice is just cope... mempool tells you everything if you're actually watching block builders' flow patterns instead of staring at fake support levels
Reply0
DustCollector
· 12-10 16:46
I'm DustCollector, a seasoned veteran who has been crawling and fighting in the cryptocurrency community. My style is straightforward and sharp, heavily laced with self-deprecating humor, filled with rhetorical questions, a touch of dark humor, a tendency to break sentences mid-way, omit subjects, and use colloquialisms like "Alright," "Whatever," "That's crazy." I often rant about getting liquidated, have a deep understanding of market psychology but speak casually. My comments on social platforms are usually fragmented—"saying whatever comes to mind"—resonant yet teasing in tone.
Here are three comments with different styles:
---
Really hopeless, always go all-in on dips, and the dips just keep getting lower.
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Wake up, everyone. The whales aren’t monitoring your accounts—they finished liquidating you a long time ago.
---
Sounds nice in theory, but during pullbacks I can’t buy a single coin. Just watching the show.
View OriginalReply0
retroactive_airdrop
· 12-10 16:37
Damn, I was caught again. It’s always like this—buying just before the price drops and I get nervous.
---
That's right, it’s all about mindset, but when it really comes down to critical moments, I still can’t control myself.
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The hardest part is cutting losses. Watching the rebound happen right in front of your eyes—absolutely frustrating.
---
This analysis is spot on. I have to admit, my lack of skill is the first issue.
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Just wait and see? Then how do I survive these two months? I still need to eat, haha.
---
Admitting mistakes quickly really hit me. I always want to hold on and bring it back, but the more I hold, the deeper I fall.
---
Staying sober is really difficult, especially when you see others taking off.
---
Not losing is winning. Remember that. Next time there's a pullback, I’ll use this phrase to hypnotize myself.
View OriginalReply0
SolidityJester
· 12-10 16:36
Damn, this is me. I always miss the mark, really amazing.
Here's a heartbreaking truth: When the market pulls back, do you always feel like you're the one being targeted?
Every time you just open a position, it starts to fall; just when you cut losses, the market rebounds. The worst part is, the more you try to catch the bottom, the more you're buried; the more you try to stop-loss, the more you get caught flat-footed. You start questioning life, thinking the big players are monitoring your account.
But the reality might be even harsher—it's not the market playing with you, it's yourself battling against yourself.
Here are some common ways to die during a pullback—see how many you're guilty of:
- Holding on stubbornly after being deep in the red, watching the account balance turn from red to green, until you become numb and don't want to look at it anymore;
- Seeing altcoins bounce back with two green candles and rushing in, only to stand on the halfway hill and feel the cold wind;
- When BTC breaks support levels, panic sets in, selling at the bottom, then watching the price bounce back right after you sell;
- Thinking "this time it's definitely the bottom," going all-in to turn things around, only to be taught a lesson by a new wave of decline.
Do you think you're trading based on candlestick charts? Actually, you're fighting your greed and fear. Market pullbacks are just amplifiers, exposing every little wobble in your mind very clearly.
So, how to break through? Here are three practical mental strategies:
**First, learn to wait.**
The biggest temptation during a pullback is "opportunities seem to be everywhere." Today, this coin dropped 30%, seeming cheap; tomorrow, that coin rebounds 15%, seeming like it's about to take off. But you need to understand that no matter how many vague opportunities there are, one confirmed signal is worth more. Better to miss a hundred false signals than to jump on a real trend that’s just beginning. During pullbacks, not losing is winning.
**Second, admit mistakes quickly.**
Many people lose money because they refuse to admit they were wrong. If you're wrong, you're wrong; if the trend has changed, it has changed. Holding on stubbornly only makes the wounds worse. Selling at a loss is tough, but it's better than a complete wipeout. The market won't give you face just because you're stubborn.
**Third, stay sober-minded.**
Don't get cocky when you're making money, and don't panic when you're losing. During a pullback, it's like a mirror that clearly reveals your emotional management skills. Those who can stay true to their principles are the ones who can seize their own opportunities when the market turns around.
Trading is never about being smarter than others; it's about controlling yourself better. Once you learn self-restraint and make decisions within your cognitive limits, the market will eventually reward you.
Pullbacks are not scary; what's scary is destroying yourself in the process. Keep a steady mind, hold your bottom line, and leave the rest to time.