Interesting data: an investor who entered the market early on started with 100,000 yuan and now has over 25 million yuan in their account. Their only piece of advice is—don't follow market sentiment; most people are dragged down by emotions.
This advice sounds simple but hits home. Look at those who watch the market every day—when prices go up a little, they get excited; when prices dip a little, they panic; they hear some news and rush in. What’s the result? They become others' ATM machines. On the other hand, those who act a bit slowly, who seem a little "clumsy," see their account balances quietly climbing.
**First hurdle: Small amounts want to chase, but big losses can’t be borne**
I’ve also taken a fall in the beginning. When the price slightly rises, I rushed to lock in profits, afraid the gains would vanish; when I saw others making big money, I envied them and held on stubbornly, only to get more deeply trapped.
What is the essence of this cycle? It’s letting emotions take the wheel. Cryptocurrency markets are inherently volatile; when your mentality is disrupted, your timing for entering and exiting gets all messed up. I’ve learned my lesson: before opening a position, I set clear take-profit and stop-loss points. When those levels are hit, I get out—never change your mind just because your mood fluctuates that day.
**Second principle: Only engage with those old familiar coins that have dropped sharply**
New tokens keep emerging all the time, but I never touch them. My strategy is simple: I focus on mainstream coins that have gone through several bull and bear cycles and are temporarily out of favor in the market.
How do I judge that they’ve hit bottom? I have a simple method: start with a 10% position to test the waters, observe for a while, then decide. Don’t jump in immediately.
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RektRecorder
· 12-11 22:07
That's right, it hits hard. I used to be the type to watch the market every day, and in the end, I really became a cash machine.
Wait, from 100,000 to 25 million? How many cycles does this guy have to go through? Just thinking about it tires me out.
Taking profits and cutting losses is easier said than done; when the market explodes, who can really hold back? I certainly can't.
I also barely touch new coins anymore, too easy to get chopped up by the whales. Just stick to those few old coins; anyway, they won't run away.
Trying 10% as a test is something I need to learn. It's much more reliable than my current all-in moves that I regret afterward.
Honestly, slowpokes make money; people like us with a quick temper are just here to work for the market.
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StakeOrRegret
· 12-11 17:49
A 250x return is indeed absolute, but this guy might just be that 1%... Most people still get killed by their emotions.
Wait, he said he only uses 10% to test the waters... I need to ponder this logic.
Really, I've seen many people who obsess over the charts every day, and in the end, they all end up as leeks (the term for inexperienced traders getting exploited).
That's right, but who the hell can actually do it in practice? I can't do it myself.
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StakeOrRegret
· 12-10 23:45
You're not wrong; it's really a matter of mindset. I totally agree with the idea that "acting half a beat slow." Truly.
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GasFeeCrybaby
· 12-10 23:40
You're right, emotions are the biggest killer. I'm the kind of person who checks the market every day and gets caught, and reading this article now makes me feel even more distressed.
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BagHolderTillRetire
· 12-10 23:38
Exactly right, but executing it is too difficult. I also set stop-loss orders, but as soon as it drops, I want to "buy the dip again," just like the pattern described in the article.
Interesting data: an investor who entered the market early on started with 100,000 yuan and now has over 25 million yuan in their account. Their only piece of advice is—don't follow market sentiment; most people are dragged down by emotions.
This advice sounds simple but hits home. Look at those who watch the market every day—when prices go up a little, they get excited; when prices dip a little, they panic; they hear some news and rush in. What’s the result? They become others' ATM machines. On the other hand, those who act a bit slowly, who seem a little "clumsy," see their account balances quietly climbing.
**First hurdle: Small amounts want to chase, but big losses can’t be borne**
I’ve also taken a fall in the beginning. When the price slightly rises, I rushed to lock in profits, afraid the gains would vanish; when I saw others making big money, I envied them and held on stubbornly, only to get more deeply trapped.
What is the essence of this cycle? It’s letting emotions take the wheel. Cryptocurrency markets are inherently volatile; when your mentality is disrupted, your timing for entering and exiting gets all messed up. I’ve learned my lesson: before opening a position, I set clear take-profit and stop-loss points. When those levels are hit, I get out—never change your mind just because your mood fluctuates that day.
**Second principle: Only engage with those old familiar coins that have dropped sharply**
New tokens keep emerging all the time, but I never touch them. My strategy is simple: I focus on mainstream coins that have gone through several bull and bear cycles and are temporarily out of favor in the market.
How do I judge that they’ve hit bottom? I have a simple method: start with a 10% position to test the waters, observe for a while, then decide. Don’t jump in immediately.