Having been involved in the crypto world for nearly six or seven years, I’ve witnessed too many surreal stories: some memorize candlestick patterns flawlessly only to get slapped in the face by a sudden spike; others stare at on-chain data daily but end up crushed by their own panic. To put it plainly, trading crypto is no different from dieting — everyone knows what to do, but when temptation appears, how many can resist?



**Technical analysis is just the ticket to enter; the real test begins after you’re in**

I have a friend who can talk eloquently about candlestick formations, but once he’s in the actual trading, his true nature shows. He’s afraid to buy at the bottom, desperately chasing the top, always doing the wrong thing at the wrong time. It’s like someone who understands dieting principles but still finds excuses when seeing discount coupons on food delivery apps: “Anyway, I’ll just run a few more kilometers tomorrow.”

Why does this happen? The market has fully exploited human vulnerabilities:

**FOMO (Fear of Missing Out)**: Seeing others’ profit screenshots, your mind heats up and you think, “If I don’t jump in now, I’ll miss the chance,” only to chase the peak of the hype.

**Revenge Trading**: Once caught in a loss, the urge to recover immediately kicks in. Leverage is maxed out, and eventually, a sharp wave clears the market, leaving you wiped out.

The key point is: no matter how advanced your technical skills are, they can only help you open the door. Whether you can stay inside depends on whether you can control your fingers.

**Regarding the idea of "small funds snowballing," I just want to laugh**

Many are obsessed with the dream of “earning 10% daily to multiply tenfold in a year,” but the data is ruthless: high-frequency traders have an annualized return of only 11.4%, while low-frequency traders can reach 18.5%. Frequent trading not only pays fees to exchanges but also chips away at profits through slippage and spreads. In the end, your principal gets repeatedly crushed, shrinking more and more.

The biggest trap in the crypto market isn’t the market itself, but our illusions about ourselves.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
MissedTheBoatvip
· 01-06 16:08
Knowing is one thing, but when it comes to real trading, it's a different story. My blood, sweat, and tears account is proof. --- That's so true. The K-line experts around me who trade every day end up dying the worst, all because they let their emotions get the better of them. --- FOMO is really the ultimate. Seeing someone’s screenshot in a rush, and then turning around to become a victim of the harvest. --- The 11.4% of high-frequency trading versus 18.5% of low-frequency trading—how many gamblers can this data scare to death? --- Controlling your fingers is a hundred times harder than reading charts. That’s the real truth of the crypto world. --- Honestly, technical analysis is just a cover-up. In the end, it’s all about psychological resilience and execution of stop-loss. --- I just smile and stay silent because I am the sucker who frequently trades and pays the fees. --- Every time I get caught in a trap, I think about leveraging to recover, and then there’s nothing after that. --- Small funds rolling like a snowball is a complete joke. Nine out of ten traders end up with even smaller amounts. --- You can’t buy the bottom, and chasing the top to death— isn’t that the classic reverse operation?
View OriginalReply0
ChainMaskedRidervip
· 01-06 15:27
That's so true. My buddy is exactly like that, studying patterns every day, but gets scared when it comes to real trading. It's easiest to lose even faster when you're still losing money; losing control is truly a fatal illness. Who hasn't dreamed of this? Wake up, everyone. Constant trading is just working for the exchange; sleeping peacefully while holding coins is actually less risky. Knowing what's right is easy, but doing it is hard. The biggest enemy in the crypto world is the person in the mirror.
View OriginalReply0
GreenCandleCollectorvip
· 01-04 07:08
Damn, I really see those screenshots on my Moments every day, then I jump in and get liquidated immediately. Controlling your fingers is the right thing to do; technical analysis is useless. In the end, you're just getting killed by your own FOMO. Frequent trading is just giving money to the exchange. I've known this for a long time, but I just can't change.
View OriginalReply0
BlockchainFriesvip
· 01-03 16:50
That's just too awesome, I can't control my hands. Seeing others make money makes me feel uncomfortable.
View OriginalReply0
DecentralizeMevip
· 01-03 16:46
That hits close to home. I'm the one who talks confidently about K-line charts all day, but when it comes to real trading, I get nervous and start trembling, haha, bitter smile. Frequent trading really is paying transaction fees. I only realized this last year. My account has never made any money. Controlling your fingers is a hundred times harder than understanding the charts. That's the truth. --- Technical analysis? Then I must have wasted a year studying patterns, only to get FOMO and rush in. --- I've also dreamed of making 10% profit every day. Now looking at my account decline, I realize that slippage is truly the silent killer. --- My friend is just like that—hesitant at the bottom, chasing after a rally. The conclusion is always being trapped—human nature, huh. --- The last sentence is brilliant. The trap is in our minds; the market is just a mirror reflecting our true selves.
View OriginalReply0
RugpullAlertOfficervip
· 01-03 16:43
There's nothing wrong with what you said, it's just really difficult... I'm the kind of person who analyzes until dawn every day, and my hands shake as soon as the market opens. The phrase "control your fingers" really hit home; how many times have I almost bought high but just missed it by a little?
View OriginalReply0
MEVVictimAlliancevip
· 01-03 16:43
Honestly, I’m the guy who got slapped in the face by the injection needle. Now I see these kinds of articles and want to smash my phone. I just can’t control my finger, brother. This is truly a terminal illness. Every day I’m scrolling through profit screenshots. How the hell can I not FOMO?
View OriginalReply0
SchroedingerMinervip
· 01-03 16:32
Honestly, it's another principle that's easy to understand but hard to practice. I've seen too many brothers die because of overconfidence. Losing control of your fingers, and all technical skills are useless. The high-frequency traders, they eat up fees like crazy, and in the end, they realize that slow is fast. You're absolutely right, the crypto world is a slaughterhouse of human nature; whoever is greedy will die. My friend is the same way—he knows the candlestick charts inside out, yet he still cuts losses at the bottom and chases highs at the top. It cracks me up. That's why big players make money, and retail investors lose—because you simply can't sit still. Frequent trading is basically digging your own grave; every trade is cutting your own throat.
View OriginalReply0
LightningClickervip
· 01-03 16:32
Here we go again with the same rhetoric... My friend also tells me about K-lines every day, but it turns out he's part of the group that bought at high prices. Human nature is indeed unchangeable; no matter how skilled in technical analysis, it's useless. Frequent trading really just means paying more in fees, no problem. Controlling your fingers is the hardest part; it's easy to say but hard to do... Sigh. FOMO is the most terrifying; seeing others make money makes your eyes turn green. Low-frequency trading can beat high-frequency trading, and these stats are heartbreaking. Being able to sit still indeed earns more; I belong to the type that can't sit still. Self-delusion is so accurate; it's mostly just fooling oneself.
View OriginalReply0
SurvivorshipBiasvip
· 01-03 16:20
Doesn't this mean we're all fooling ourselves... Watching others make money really makes your brain stop working My friend is the same, analyzing the market all day long, losing real money in a mess, it's hilarious Chasing highs and selling lows every day and then complaining that the market is unfair, human nature is like that The high-frequency traders lose even more than the low-frequency ones, that's common sense Controlling your fingers is a thousand times harder than being able to read charts
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)