Eight years in the crypto world from 4 digits to 8 digits: After 3 liquidations, I realized that human nature is the pit

Eight years in the crypto world, it's not easy—starting from 8000 yuan (about 1100 USD) to reach the million USD level;

It's also simple, I have been liquidated during the crashes of LUNA and FTX, the key is whether you can stay calm during a collapse.

The most unforgettable night of the LUNA crash, I and three old investors were trapped with nearly 300,000 USD; at the dining table, someone was banging the table and cursing, but the senior calmly said: "The market never lacks opportunities, what it lacks is people who can control their emotions."

I remember this sentence to this day. At that time, I gritted my teeth and took a loss, only losing 50,000 USD, while the other two stubbornly held on, ultimately losing everything.

Later I realized: the biggest enemy in the crypto world is never the market, but human nature.

In a bull market, everyone dares to boast that "doubling is not difficult"; when it drops, they panic and cut losses; most people lose money not because they can't read candlestick charts, but because they are led by greed and fear.

I have gone from a novice to where I am today, relying entirely on 5 sets of effectively tested trading logic:

Enter the market with a small position to trial and error; for example, when BTC fell to 28,000 USD last year, I first invested 10% of my position to confirm the trend before adding;

During sideways trading, hold on resolutely; ETH stayed between 1800-2000 USD for 22 days, I resisted the urge to move, and ultimately earned 35% after the breakout;

Be decisive when prices rise; when SOL surged to 250 USD, I took profits in batches, not greedy for the last 10 points, avoiding subsequent crashes;

Buy on down days and sell on up days; last month I bought ADA during a 3% pullback and sold when it rose 5%, making a profit of 27% across 8 trades;

For medium to short-term trades, adhere to the strategy of "buying on early dips and selling on midday rises"; this rhythm has helped me avoid countless last-minute sell-offs.

In fact, experts are not trading every day, but are decisive when action is needed and hold firm when patience is required.

Now when I look at charts, I don’t think too much; one candlestick and one volume bar already indicate the direction, all of which are experiences earned through 3 liquidations and countless nights of watching the market.

When the market rises, I dare not buy, when it falls, I dare not average down, when I earn, I hesitate to leave, and when I lose, I dare not cut—these emotions don't change, and no matter how bullish the market is, I won't make money.

In the end, survival in the crypto world is not about technology, but about mindset and discipline.

Those who can survive and still make money in the market are always those who dare to take the first step.

Are you ready? @bit福多多

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