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To survive long in the crypto market, it's never about some magical coin-picking method, but rather whether you can control that restless heart of yours.
I've seen too many traders who speak eloquently about technical analysis, only to panic and cut their losses when the market plunges. Conversely, when others' coins skyrocket, they chase the high and buy in, only to end up losing big. Over the years, I've managed to stick around and achieve steady asset growth, thanks to maintaining a calm mindset that can operate rationally during both wild surges and crashes.
**The first core: Use position discipline to stabilize emotional fluctuations**
Why does the mindset collapse? Simply put, it's because the position size is too large. Especially for beginners, who like to go all-in, when the market moves just a few points, their account figures jump wildly, their heartbeat races, and there's no room left for calm analysis.
My principle is simple—50% position. Only allocate a portion of your funds each time you enter the market. Even if you make a wrong call and need to cut losses, the loss is small and won't affect the overall situation. The remaining funds stay quietly in your account, setting your psychological expectations. When the market crashes, you'll find yourself able to smile and even think about adding positions at the lows.
Remember this logic: Light position → Stable mindset → Accurate operations. This is a positive cycle.
**The second core: Treat losses as costs, not as failures**
No one in the crypto market can achieve a 100% win rate. Over these seven years, I've actually had more stop-losses than take-profits. But I never get emotional and throw more money after a loss, because I’ve long regarded losses as an inevitable cost of this business.
Just like running a business has a bad debt rate, trading also has a stop-loss rate. If you still fantasize about making profit on every trade, a collapse of your mindset is only a matter of time. Instead, accepting the reality of "making less but avoiding liquidation" makes your decision-making much clearer.
**The third core: Learn to coexist with FOMO**
Watching others' coins triple in value while yours stagnates can be really frustrating. But this is when discipline is most tested. I tell myself: not every opportunity is mine. Miss this wave, and the next will come. Those who truly make money are never the ones chasing highs, but those who can control their greed.
A simple method: create an observation list. Write down coins you like but haven't yet entered. When the price drops into your expected range, calmly step in. This way, you can participate in opportunities without being driven by emotions.
**The fourth core: Regularly review your trades to understand your patterns**
Your trading history is like a health report. Regularly review your trading logs to see when you lost the most—was it during a chase? Or when greed kept you from taking profits? Was it during a specific market condition? Or with a particular coin?
Identify your weaknesses, and then target improvements. It’s not about complex skills, but honestly facing your trading behavior.
The crypto market is always there, but your capital is limited. In this market full of temptations, the most scarce resource isn't information or analytical skills, but the mindset to stick to discipline. The traders who last the longest share a common trait: they treat emotional management as their top skill.