Many people don't understand a principle: in the crypto world, the most effective way to make money is often the simplest. But 90% of people simply can't stick to it.
Over the years, I've seen too many liquidations, exits, and disappointments. It's not that they lack talent. The problem is that they keep repeating three deadly mistakes.
**The First Mistake: Chasing the Top**
When the market rises, their eyes turn red, and they keep thinking "this wave will fly," rushing to buy in. As soon as they buy, the price plunges. Ironically, when panic selling hits, they don't dare to buy the dip. Those who can respond to "buying low on dips" are the ones truly benefiting from market cycles.
**The Second Mistake: Overleveraging**
Thinking the trend is correct, they go all-in, dreaming of doubling their position. But when the market's main players shake things up or poke a few holes, their positions are wiped out instantly. This isn't bad luck; it's reckless self-destruction.
**The Third Mistake: Full Position Hype**
Getting emotional and going all-in. Even if the trend eventually turns out to be correct, there's no room to adjust or switch positions. The real opportunities are right in front of them, but they can't seize them—they can only watch helplessly.
At this point, the most painful truth in the crypto world is: you're not defeated by the market, but by your own habits.
Based on years of experience, I’ve summarized a "Six-Word Formula" for short-term trading. The simpler the logic, the easier it is to overlook:
**1. Don't buy the top before the consolidation at high levels is complete; new highs are often still ahead. Don't buy the bottom during sideways trading; it’s easy to break new lows. Wait for clear reversal signals before acting.**
**2. During sideways consolidation, stay put. Don't lose all patience in the washout.**
**3. Buy when the daily candle closes bearish, sell when it closes bullish. Follow market sentiment—it's a hundred times better than guessing blindly.**
**4. Slow declines lead to weak rebounds; fast declines often trigger sharp rebounds. Grasp the market rhythm, and opportunities will naturally surface.**
**5. Use the pyramid building method—enter in stages, always keep some bullets in hand.**
**6. After big rises or drops, expect consolidation; after consolidation, expect a trend change. Don't go all-in at the top or bottom; wait for confirmation signals before acting.**
The market is never short of opportunities; what’s lacking are those who can stay steady, endure, and survive long enough.
Those who truly master these principles will find trading in crypto becoming smoother and smoother. How lucky do the experts in your eyes seem? Actually, it’s because they use simple, stubborn methods with enough intensity.
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MevHunter
· 01-05 10:06
That really hits home; 90% of failures are due to mindset issues, not technical problems at all.
Those who go all-in recklessly truly deserve it; the market's lessons come the fastest.
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ConsensusBot
· 01-03 21:43
That's right, but 90% of people simply can't sit still. When prices go up, they panic and make reckless decisions.
View OriginalReply0
BlockchainNewbie
· 01-03 21:42
That's right, but it's not so easy to stick with it. Watching others soar while you do nothing, this mindset is really not something most people can handle.
View OriginalReply0
PumpAnalyst
· 01-03 21:39
It sounds good, but those who can truly endure are rare. I think most still fail due to their mindset.
View OriginalReply0
OfflineValidator
· 01-03 21:33
That's right, most people can't control their own hands—they rush in when it's bullish and back off when it's bearish.
Many people don't understand a principle: in the crypto world, the most effective way to make money is often the simplest. But 90% of people simply can't stick to it.
Over the years, I've seen too many liquidations, exits, and disappointments. It's not that they lack talent. The problem is that they keep repeating three deadly mistakes.
**The First Mistake: Chasing the Top**
When the market rises, their eyes turn red, and they keep thinking "this wave will fly," rushing to buy in. As soon as they buy, the price plunges. Ironically, when panic selling hits, they don't dare to buy the dip. Those who can respond to "buying low on dips" are the ones truly benefiting from market cycles.
**The Second Mistake: Overleveraging**
Thinking the trend is correct, they go all-in, dreaming of doubling their position. But when the market's main players shake things up or poke a few holes, their positions are wiped out instantly. This isn't bad luck; it's reckless self-destruction.
**The Third Mistake: Full Position Hype**
Getting emotional and going all-in. Even if the trend eventually turns out to be correct, there's no room to adjust or switch positions. The real opportunities are right in front of them, but they can't seize them—they can only watch helplessly.
At this point, the most painful truth in the crypto world is: you're not defeated by the market, but by your own habits.
Based on years of experience, I’ve summarized a "Six-Word Formula" for short-term trading. The simpler the logic, the easier it is to overlook:
**1. Don't buy the top before the consolidation at high levels is complete; new highs are often still ahead. Don't buy the bottom during sideways trading; it’s easy to break new lows. Wait for clear reversal signals before acting.**
**2. During sideways consolidation, stay put. Don't lose all patience in the washout.**
**3. Buy when the daily candle closes bearish, sell when it closes bullish. Follow market sentiment—it's a hundred times better than guessing blindly.**
**4. Slow declines lead to weak rebounds; fast declines often trigger sharp rebounds. Grasp the market rhythm, and opportunities will naturally surface.**
**5. Use the pyramid building method—enter in stages, always keep some bullets in hand.**
**6. After big rises or drops, expect consolidation; after consolidation, expect a trend change. Don't go all-in at the top or bottom; wait for confirmation signals before acting.**
The market is never short of opportunities; what’s lacking are those who can stay steady, endure, and survive long enough.
Those who truly master these principles will find trading in crypto becoming smoother and smoother. How lucky do the experts in your eyes seem? Actually, it’s because they use simple, stubborn methods with enough intensity.