#BTC与代币化贵金属对比 $POWER In the cryptocurrency community, there's a saying: "The hardest part is not making a profit, but controlling desires."
You might not lack knowledge about stop-loss strategies— the real issue is greed acting up. Always thinking about bouncing back to break even, stubbornly holding onto losses, hoping for a final reversal in the market.
$PUFFER Watch your account shrink right before your eyes, while still comforting yourself with "Just wait a little longer, I'll recover." Treating this self-deception as faith. In reality, this is just the trap of greed.
I have also taken this wrong path. Staying up late monitoring the K-line, chasing highs today and selling off lows tomorrow, eventually losing sleep over it. The turning point comes suddenly—I decided to try a "silly method," and stick to it resolutely: no impatience, only trade signals I truly understand. The result? Gradually climbing out of the loss pit, with the account starting to grow steadily.
The simple, rough method is often the most effective.
Not seeing familiar buy or sell signals? I won't touch it. Instead of chasing the market and losing money, better to miss out than to risk losing your principal.
Here are some tips from my real trading summaries—
**Tip 1: Trade only after 9 PM**
During the day, information bombardment, volatile markets, fake news, fake positive signals everywhere—it's easy to be induced into trading. My habit is to wait until after 9 PM to operate. By then, market news has been fully released, the trend is clearer, and my judgment of direction is more confident.
**Tip 2: Let indicators speak, rely less on feelings**
Never place orders based on "feelings." Install TradingView and focus on these three indicators:
MACD for crossovers (golden and death crosses)
RSI to judge overbought or oversold conditions
Bollinger Bands to observe whether the price breaks out or consolidates
Only consider entering when at least two of these indicators signal the same direction. Consistency is key.
**Tip 3: Use stop-loss flexibly**
When you can monitor the market, move your stop-loss upward after making a profit. For example, buy in at 3000, when it rises to 3100, immediately raise your stop-loss to 3050 to lock in profits. This way, you won't be washed out by a pullback, and you can also defend against risks.
If you can't monitor in real-time, set a fixed stop-loss—recommend at 3%—to prevent sudden black swan events.
**Tip 4: Tips for reading K-line charts**
For short-term trading, look at the 1-hour chart. Two consecutive bullish candles can be considered a buy signal.
If the market is consolidating, switch to the 4-hour chart to find support levels. Wait until the price approaches support before entering, increasing your success rate.
And one more thing—never trade low-cap coins with insufficient depth. Those unknown projects are the easiest to be "cut," with risks disproportionate to potential gains.
Greed is the biggest enemy in both stocks and crypto markets. Control it, and profits will come naturally.
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ProtocolRebel
· 12-13 09:41
That's right, greed is really poison. I used to be the kind of fool who wanted to turn things around even after losing, and I almost became depressed in the end.
Now I follow the indicators strictly, and I sleep soundly without watching the market.
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WalletAnxietyPatient
· 12-13 09:31
That's so true. Greed really is poison. I'm the kind of person who watches the price drop but still can't bring myself to cut losses. I've already changed a lot now.
Moving the stop-loss line upward is indeed a clever trick; I didn't think of using it this way before. The problem is I keep staring at the charts until my eyes blur, and it feels not so easy to stick to the plan.
I've already suffered losses on low-depth altcoins; it's truly a blood-soaked lesson.
Now I'm just thinking of doing less and waiting for clearer signals before acting, otherwise the more anxious I get, the more I lose.
View OriginalReply0
GasFeeSobber
· 12-13 09:27
Exactly right. I've also fallen into the trap of greed. Now I try to act only when three indicators are consistent.
#BTC与代币化贵金属对比 $POWER In the cryptocurrency community, there's a saying: "The hardest part is not making a profit, but controlling desires."
You might not lack knowledge about stop-loss strategies— the real issue is greed acting up. Always thinking about bouncing back to break even, stubbornly holding onto losses, hoping for a final reversal in the market.
$PUFFER Watch your account shrink right before your eyes, while still comforting yourself with "Just wait a little longer, I'll recover." Treating this self-deception as faith. In reality, this is just the trap of greed.
I have also taken this wrong path. Staying up late monitoring the K-line, chasing highs today and selling off lows tomorrow, eventually losing sleep over it. The turning point comes suddenly—I decided to try a "silly method," and stick to it resolutely: no impatience, only trade signals I truly understand. The result? Gradually climbing out of the loss pit, with the account starting to grow steadily.
The simple, rough method is often the most effective.
Not seeing familiar buy or sell signals? I won't touch it. Instead of chasing the market and losing money, better to miss out than to risk losing your principal.
Here are some tips from my real trading summaries—
**Tip 1: Trade only after 9 PM**
During the day, information bombardment, volatile markets, fake news, fake positive signals everywhere—it's easy to be induced into trading. My habit is to wait until after 9 PM to operate. By then, market news has been fully released, the trend is clearer, and my judgment of direction is more confident.
**Tip 2: Let indicators speak, rely less on feelings**
Never place orders based on "feelings." Install TradingView and focus on these three indicators:
MACD for crossovers (golden and death crosses)
RSI to judge overbought or oversold conditions
Bollinger Bands to observe whether the price breaks out or consolidates
Only consider entering when at least two of these indicators signal the same direction. Consistency is key.
**Tip 3: Use stop-loss flexibly**
When you can monitor the market, move your stop-loss upward after making a profit. For example, buy in at 3000, when it rises to 3100, immediately raise your stop-loss to 3050 to lock in profits. This way, you won't be washed out by a pullback, and you can also defend against risks.
If you can't monitor in real-time, set a fixed stop-loss—recommend at 3%—to prevent sudden black swan events.
**Tip 4: Tips for reading K-line charts**
For short-term trading, look at the 1-hour chart. Two consecutive bullish candles can be considered a buy signal.
If the market is consolidating, switch to the 4-hour chart to find support levels. Wait until the price approaches support before entering, increasing your success rate.
And one more thing—never trade low-cap coins with insufficient depth. Those unknown projects are the easiest to be "cut," with risks disproportionate to potential gains.
Greed is the biggest enemy in both stocks and crypto markets. Control it, and profits will come naturally.