Perhaps anyone who has played crypto has experienced this feeling: 3 AM, eyes glued to the screen, heart racing with each candle. Just as I FOMO'd in, the market turned around, and before I could cut my losses, I saw my account in the red. I intended to 'catch the bottom to recover', but the result was catching it right… in the middle of the mountain.
I have been in this market for 8 years, burned my account 3 times, once thought I was smarter than the market – and the market taught me very expensive lessons. I have also witnessed countless newcomers, bringing in money from their hard work to gamble here, then quietly leaving.
After all, I draw a single truth:
👉 Crypto is not for those who want to get rich quickly, but for those who know how to survive long.
Below are the 6 fatal mistakes that I see 90% of losers make. Avoiding them, you may not be rich, but you will definitely lose much less money.
1. “Fast Increase – Slow Decrease”: Don’t Believe That Is Strength
When the price rises sharply, human emotions are immediately activated: “It will go up more”, “This time is different”, “Not getting in is missing the boat”.
But the harsh truth is:
📉 Big money never buys when the price rises sharply. They push the price up quickly to stimulate FOMO, then gradually sell off during the phase when the price seems to be “moving sideways”.
The most dangerous top distributions never give you a chance to run. While you are still comforting yourself that “this is just a healthy correction”, the real collapse has been fully prepared.
👉 The faster the price increases, the more you have to slow down.
2. “Fast Drop – Slow Rise”: Counterattack is not an opportunity
A strong dump occurs. The price bounces back. The feeling of “heavenly bottom fishing” appears.
But stay alert:
⚠️ Most slow rebounds after a strong drop are just price traps.
Smart money does not rush to buy back immediately. They let the price recover slowly, waiting for newcomers to think that “the bottom has formed”, then continue to push down another wave.
👉 If a drop is caused by fear, then the weak rebound that follows is often created to… entice greed.
3. Price at the Peak with No Volume: Just a Castle on Sand
Many people only look at the price, while ignoring trading volume – a deadly mistake.
Price up + volume up → the market still has players
Price up + volume down → no one wants to buy anymore
A surge without liquidity is like a wall without support pillars:
👉 The collapse is just a matter of time.
At high price levels, volume is the danger detector. When money flows out while the price is still being “pulled”, you should understand that: someone is looking for the last bidder.
4. Don’t Believe in “One Day Volume Explosion” When Buying the Dip
Many people shout bottom just because they see a large volume candle.
But the reality is:
A day of high volume → may just be short-term trading
Real bottoms often form after a long enough accumulation period
More reliable signs:
Price moving sideways
Volume gradually increasing continuously for 3–5 days
Volume higher than the previous average by at least 30%
👉 Big money does not enter in a day. They enter quietly, steadily, and patiently.
5. K-Line Can Be “Drawn”, But Volume Does Not Lie
The price model can be created.
The crowd mentality can be influenced.
But the trading volume is the most brutal truth of the market.
Price moving sideways + volume drying up → the market is dead, stay away
Price does not increase much + sudden large volume → something is happening
👉 I can ignore the news, but I never overlook volume.
That is where the market speaks the truth, no need for PR.
6. Knowing to Stay Out of the Market Is a Skill
This is the hardest thing, and it also distinguishes the survivors from the eliminated.
When the market is bad:
No trend
No volume
No story
👉 Not trading is the best trade.
Many people suffer losses not because of poor analysis, but because they cannot sit still. Itching hands, warm hearts, brains controlled by dopamine – and the account pays the price.
📌 Cash is a position. Resting is a strategy.
Conclusion: Crypto is not lacking in people who get rich quickly, but lacks those who live long.
This market is always full of stories of “x10, x20”.
But those who truly make sustainable money are very few – because they understand that:
The first goal is not to make money, but to not lose money.
If you want to become a person:
Do not get caught up in FOMO
Do not die in the frustrating sideways moves
And still have capital when real big opportunities arise
👉 Start by avoiding the 6 mistakes above.
Crypto is a marathon, not a sprint. Whoever remains at the end is the true winner.
