This market has never been short of gamblers, but those who last long know what they're doing. If there's a universal rule in crypto trading, I think these points hit the mark.
**Don't fantasize when you're trapped.** Trying to fully recover your principal in one move? That's a trap set by the market for retail investors. Jumping in will only make you sink deeper. Instead of obsessing over "can it turn red today," think first about how to protect your principal. Poor mindset decisions are often the most deadly.
**The biggest fear isn't a sharp drop, but eerie silence.** When the market is sideways and unmoving, what's it holding back? Nobody knows. The quieter the market, the more alert you need to be. Acting at this time is the easiest way to suffer losses.
**When prices rise wildly, a correction is imminent.** The more aggressively the candlesticks surge, the harsher the correction usually is. Many have chased after the hype and ended up getting hammered. Only those who can read the patterns can avoid this blow.
**Buying on dips and selling on rallies is basic skill.** Be brave to buy when falling, be brave to sell when rising. Chasing highs and selling lows is the eternal fate of retail investors. If you don't change this habit, you'll be harvested eventually.
**During sideways periods, just rest honestly.** When there's no clear direction, doing anything is pointless. Not selling when prices peak, not buying when they plunge—any unnecessary move at this time could cost you dearly.
**Follow the trend and focus on key levels.** During an uptrend, watch the support levels; during a downtrend, monitor resistance. Going with the trend is always the best chance to win.
**Never put all your assets on the line.** A single reckless move can wipe out all your previous gains. The crypto world changes so fast that only those who understand position sizing and keeping reserves can survive.
**Finally, mindset is more deadly than technique.** Greed makes you lose money; fear makes you sell prematurely. The key to lasting in the crypto space is fundamentally about maintaining a steady mindset.
Trading crypto, in essence, is like cultivating a practice. It can't be rushed or faked. Stay steady, and you'll have already won half the battle.
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SchroedingersFrontrun
· 01-12 10:42
There's nothing wrong with that, but execution is the hardest part. I'm currently stuck in a sideways market, itching to act.
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LightningSentry
· 01-12 09:17
This period of sideways movement really tests your patience; a careless move and it's all over.
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ApeShotFirst
· 01-09 11:55
It's the same old story. Sure, what you're saying is correct, but people still end up chasing highs and selling lows haha.
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SchrodingerWallet
· 01-09 11:55
Really, sideways trading is the hardest to endure, and your mindset is about to break.
If you can't change the habit of chasing gains and selling losses, you'll get cut.
Those who go all-in on one position will eventually go bankrupt.
Only with a good mindset can you survive; no matter how strong your skills are, a bad attitude is useless.
The eerie silence... I'm just afraid of this, feeling like something's about to happen at any moment.
When the market is crazy, it's time to run; greed always leads to a bad ending.
Divide your positions, divide your positions, divide your positions—why do some still go all-in?
That's right, the analogy of cultivation is excellent.
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NFT_Therapy_Group
· 01-09 11:49
Well, that's right, but too many people know and still can't resist chasing.
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The hardest part is during sideways trading; you keep thinking you need to do something, but end up losing even faster.
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Regarding mindset, I've seen the most skilled technicians also crash and burn, just because of a full position once.
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The curse of chasing highs and selling lows—feels like everyone has to step on the pit to understand, right?
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It's actually just waiting. Wait for clear signals before getting in. Why is this such a difficult thing?
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Looking back calmly, all the money lost before was due to reckless operations during sideways trading, really.
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Following the trend sounds simple, but most people go against the trend and then blame the market.
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Talking about position sizing sounds easy, but when the market is rising, everyone wants to go all in—human nature.
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BottomMisser
· 01-09 11:45
It's the same old story, right? Saying it’s correct, but it’s the most annoying to hear. How many people can actually do it? I’ve never seen one.
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LayerZeroEnjoyer
· 01-09 11:44
After all this, it's just four words—hold back your hand.
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PhantomMiner
· 01-09 11:26
Hodling during sideways markets is the biggest test; giving in to temptation is a death sentence.
This market has never been short of gamblers, but those who last long know what they're doing. If there's a universal rule in crypto trading, I think these points hit the mark.
**Don't fantasize when you're trapped.** Trying to fully recover your principal in one move? That's a trap set by the market for retail investors. Jumping in will only make you sink deeper. Instead of obsessing over "can it turn red today," think first about how to protect your principal. Poor mindset decisions are often the most deadly.
**The biggest fear isn't a sharp drop, but eerie silence.** When the market is sideways and unmoving, what's it holding back? Nobody knows. The quieter the market, the more alert you need to be. Acting at this time is the easiest way to suffer losses.
**When prices rise wildly, a correction is imminent.** The more aggressively the candlesticks surge, the harsher the correction usually is. Many have chased after the hype and ended up getting hammered. Only those who can read the patterns can avoid this blow.
**Buying on dips and selling on rallies is basic skill.** Be brave to buy when falling, be brave to sell when rising. Chasing highs and selling lows is the eternal fate of retail investors. If you don't change this habit, you'll be harvested eventually.
**During sideways periods, just rest honestly.** When there's no clear direction, doing anything is pointless. Not selling when prices peak, not buying when they plunge—any unnecessary move at this time could cost you dearly.
**Follow the trend and focus on key levels.** During an uptrend, watch the support levels; during a downtrend, monitor resistance. Going with the trend is always the best chance to win.
**Never put all your assets on the line.** A single reckless move can wipe out all your previous gains. The crypto world changes so fast that only those who understand position sizing and keeping reserves can survive.
**Finally, mindset is more deadly than technique.** Greed makes you lose money; fear makes you sell prematurely. The key to lasting in the crypto space is fundamentally about maintaining a steady mindset.
Trading crypto, in essence, is like cultivating a practice. It can't be rushed or faked. Stay steady, and you'll have already won half the battle.