After years in the crypto world, to be honest, I almost got wiped out by the market two years ago. My account plummeted from its peak, ending up with less than half. That period was no pretension; I was insomnia-stricken, and my first reaction upon waking in the middle of the night was to grab my phone and check the charts.
Only later did I realize that the account explosion wasn't due to a lack of effort but because I was trading in a way that defies human nature.
Retail investors generally share this common flaw: when prices fall, they hard-stand without the ability to endure; their only thought is "it will bounce back soon"; when prices rise a bit, they rush to sell, fearing their money will run away on legs. But the market never caters to this logic.
What should be done instead: when the market is good, dare to hold; when breaking support, dare to cut losses. This shift allows profits to run longer and stops to be tighter, truly saving lives. It's not about getting rich overnight but about surviving longer.
Speaking of volume, many people watch the charts daily and focus on it, but few use it correctly. Volume is the market's breathing; it can speak. Some coins can slowly climb even with decreasing volume, often indicating potential. When the price breaks support and volume shrinks while moving sideways, it often gives you a second chance. Conversely, if volume surges but the price can't move up, you should be alert. Those sudden volume spikes that look exciting often lead to oscillations or even straight cuts.
I've suffered countless losses over position sizing. I used to think that holding more assets diversified risk, but I later understood that holding too many makes the mindset chaotic and the hands less disciplined. Two or three positions are enough. The problem isn't in the market but in oneself.
Short-term patterns are predictable. A sharp decline is often followed by a rebound—this is a common rhythm. But a sudden surge near the close often results in a hit the next day. These seem simple, but you need to survive long enough to truly understand them.
The most critical point: after a big profit wave, you must go completely flat and rest for a while. The market's most ruthless moment is when you think you've "awakened." That inflated mindset can be more deadly than any negative news. Don't force it when losing; the more anxious you are, the more chaotic, and the easier it is to step into traps. Once your mindset stabilizes and the rhythm is clear, acting again is never too late.
There are always opportunities in the market—whether in bull or bear markets. The real challenge is never the market itself but whether you can control that hand that keeps placing random orders.
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AirdropFreedom
· 01-07 19:48
Yeah, I've heard this way of saying many times, it's just that I can't control that hand of mine.
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The rule of going all-in after making a big profit is too absolute; I fell for it myself.
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Slow growth with decreasing volume does have potential, but the problem is, can you wait it out?
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Two or three targets are enough? I'm still bouncing around in a dozen or so, haha.
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The last sentence really hit home. The market isn't difficult; what's difficult is this hand.
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It's easiest to place random orders when losing money; I have deep experience with that. At that time, my mind really wasn't clear.
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When volume can't push the price up, it's time to run; that's right, but in practice, it's not that simple.
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WalletAnxietyPatient
· 01-05 18:52
Make profits and run, take losses and hold on, this strategy is truly unbeatable... I was also cut this way.
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NFTregretter
· 01-05 18:50
The phrase "Control your hands" hit home. Last year, I kept opening positions at high levels out of impatience, and I was directly cut in half.
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MEVEye
· 01-05 18:30
It's just one sentence: greed is the root of all evil.
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I only now understand the importance of holding a position in cash; take profits and run, don’t think about squeezing more.
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I’ve seen several rebounds after volume-contracted rises; patience is a real skill.
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I agree with tightening stop-losses; compared to holding on stubbornly, quickly recognizing losses can help you survive longer.
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With smaller positions, your mind can stay calm; otherwise, you want to touch every coin, and in the end, everything blows up.
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After a volume surge and sharp rise, people get shaken out; I’ve seen this routine too many times, now I just run when I see it.
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Overconfidence is truly the biggest enemy; after making some profit, you think you’re the chosen one, but it all comes crashing down to where it was before.
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NFTDreamer
· 01-05 18:24
Really, this paragraph hit home. Once I started making money, I started to get cocky, thinking I was a genius trader, but then a wave brought me straight back to square one.
After years in the crypto world, to be honest, I almost got wiped out by the market two years ago. My account plummeted from its peak, ending up with less than half. That period was no pretension; I was insomnia-stricken, and my first reaction upon waking in the middle of the night was to grab my phone and check the charts.
Only later did I realize that the account explosion wasn't due to a lack of effort but because I was trading in a way that defies human nature.
Retail investors generally share this common flaw: when prices fall, they hard-stand without the ability to endure; their only thought is "it will bounce back soon"; when prices rise a bit, they rush to sell, fearing their money will run away on legs. But the market never caters to this logic.
What should be done instead: when the market is good, dare to hold; when breaking support, dare to cut losses. This shift allows profits to run longer and stops to be tighter, truly saving lives. It's not about getting rich overnight but about surviving longer.
Speaking of volume, many people watch the charts daily and focus on it, but few use it correctly. Volume is the market's breathing; it can speak. Some coins can slowly climb even with decreasing volume, often indicating potential. When the price breaks support and volume shrinks while moving sideways, it often gives you a second chance. Conversely, if volume surges but the price can't move up, you should be alert. Those sudden volume spikes that look exciting often lead to oscillations or even straight cuts.
I've suffered countless losses over position sizing. I used to think that holding more assets diversified risk, but I later understood that holding too many makes the mindset chaotic and the hands less disciplined. Two or three positions are enough. The problem isn't in the market but in oneself.
Short-term patterns are predictable. A sharp decline is often followed by a rebound—this is a common rhythm. But a sudden surge near the close often results in a hit the next day. These seem simple, but you need to survive long enough to truly understand them.
The most critical point: after a big profit wave, you must go completely flat and rest for a while. The market's most ruthless moment is when you think you've "awakened." That inflated mindset can be more deadly than any negative news. Don't force it when losing; the more anxious you are, the more chaotic, and the easier it is to step into traps. Once your mindset stabilizes and the rhythm is clear, acting again is never too late.
There are always opportunities in the market—whether in bull or bear markets. The real challenge is never the market itself but whether you can control that hand that keeps placing random orders.