Stop blaming the market for being so difficult! After years of struggling in the crypto space, I've seen too many intelligent people trip up, only to realize in the end: what truly kicks you out is not your inability to understand candlestick charts, but rather your uncontrollable mindset and shattered discipline!
Last year, an old fan reached out to me, saying she had some spare money and wanted to try mainstream coins. I repeatedly emphasized to her: small positions for trial and error, set a good take-profit line, and don’t act carelessly. What happened? The coin just rose by 50%, and her messages bombarded me, asking from morning till night, 'Should I sell?' 'Will it drop?' I patiently replied, 'Stick to the line we set before; if it hasn't reached, just wait a bit longer,' only to turn around and see her send a screenshot of her liquidation, captioned 'Securing profit, feeling at ease.'
Thinking back, it's both funny and regrettable; just a few days after she liquidated, this mainstream coin seemed to have a cheat code, directly doubling in value. Since then, she has completely disappeared from our fan group chat; she must be in a corner slapping her thigh. In fact, I really want to tell her: Many people in the crypto circle are not looking for the 'correct answer', but rather for an 'excuse to exit'; the fear of missing out on profits is far more torturous than the pain of losses.
Speaking of which, I have to mention another friend I met at the end of the year, who is basically the 'textbook example of the opposite' for crypto newcomers. He only had 3000 yuan left in his account, and his liquidation records could fill a small booklet. The first thing he said when we met was, 'Bro, this is my last shot; if I lose again, I'm completely out.'
Looking at his miserable state, I pulled out my 'survival principles' that I had used for several years; these are hard-earned lessons from countless pitfalls, and new traders can avoid 80% of the traps by remembering them.
The single investment should never exceed one-fifth of the total funds: This is an 'insurance' for your principal, even if you make a wrong judgment, you won't be knocked out by the market at once; you must have some resources left to continue.
If you need to stop loss, do it decisively, don't argue with the market: Many people hold on when they lose, always thinking 'it will come back', but they just get deeper in trouble. Remember, the market is always right; arguing with it will only lead to harsh lessons.
You must review every trading day: Trading is not about guessing; spend half an hour each day summarizing 'why you made money' and 'why you lost', and gradually you will form your own rhythm instead of following the trend blindly.
He was really tough, biting the bullet and strictly executing. During that time, we were both analyzing data on the chain and watching market trends every day, our eyes so sore we could have dripped eye drops; we even stared at our phones while eating takeout. Hard work pays off; in two months, 3000 yuan turned into 70,000. The feeling of watching the account balance jump up bit by bit is truly indescribable by just saying 'happy'.
But the most challenging moment came — as the money increased, his heart grew wilder. He suddenly told me he wanted to 'trade with fans', and secretly opened high-leverage contracts. I advised him at the time, 'Don't get carried away; stick to the discipline', but he didn't listen at all. A few days later, a big bearish candle hit, and his account shrank by 40% instantly.
At three in the morning, he sent me a voice message, his voice trembling: 'Bro, have I fallen into old habits again?' I didn't waste time and replied directly: 'The market never tells you 'maybe', it only recognizes the final results.' I told him to liquidate first, calm down for two days before making a decision, but two hours later, he sent me a screenshot of a fully leveraged contract. At that moment, I knew he was beyond saving and blocked him immediately.
Before blocking her, I left a message: 'Money can be earned again if lost, but once the discipline is broken, you are completely finished in this market. What you lose is not the market, but the excuse you give yourself every time, saying 'just this once'.
In fact, after all these years, I've discovered that the cruelest part of the crypto circle is not the volatility, but how it magnifies everyone's personality weaknesses — greed, fear, and luck. Most people are not 'trading'; they are gambling with their own weaknesses using real money, and in the end, they often end up in complete failure.
If you are also struggling in the crypto circle and often fall victim to your own mindset, don't panic! Following me is definitely a good choice~ In the next issue, I will organize my 'review template' and 'position management sheet' that I have used for 7 years. Follow me @链上标哥 and don't get lost!
