Yesterday in the studio, while having tea and reflecting on work, my apprentice Xiaolin suddenly teared up, gripping the K-line chart so tightly that it wrinkled: “Sister, I went all in with leverage back then, and my initial capital of 400,000 is now less than 40,000…”
I handed her a cup of hot American coffee, half-jokingly and half-seriously poking fun: “I told you to start with 80,000 for practice, and you said ‘Master, you’re too conservative, when the opportunity comes, you have to go for it’, have you forgotten those words?”
Xiaolin slammed the table in frustration, stamping her feet: “At that time, all I could think about was ‘missing out is worse than being stuck’, and everyone around me was saying ‘if you miss this wave, there won’t be another chance’, how could I listen to any advice!”
As a veteran player who has been in the cryptocurrency market for 8 years, I've seen this kind of scene too many times: 'You can't remember the pitfalls of this circle without personally falling once— even if I remind everyone in the community every day 'don't heavily invest, don't use leverage', you would still probably dive in headfirst at that moment.'
She leaned over to stare at my screen, her face full of confusion: 'Sister, I really feel it's eerie! Why does the market drop every time I buy, and it rises right after I cut my losses? Is there really big money targeting us retail investors?'
I pointed at the chart and highlighted to her: 'In a market that never rests, our little positions are like floating weeds in a pond. You feel targeted, but it's actually a common beginner's problem—always thinking their actions are too important, forgetting that the market doesn't care about the buying and selling of any individual retail investor.'
As soon as she finished speaking, Xiao Lin hurriedly asked: 'Then how do I turn things around now? I can't just accept defeat like this!'
The answer is actually so simple that no one believes it, but it is the truth I verified with over 100 new players: 'The way to make money in the cryptocurrency market has never been about finding hundredfold coins or staying up late watching the market; the difficult part is controlling your hands.'
I've seen finance professors lose faith in life due to complicated quantitative strategies, and I've also seen community aunties regularly invest in mainstream coins every month, and after three years, their returns outpaced 80% of 'professional players'— the difference between the two is never about knowledge reserves, but whether they can accept that 'lying down is better than blindly struggling.'
Xiao Lin kept asking: 'So what should I buy now? Are there any reliable directions?'
I spoke frankly: 'Current mainstream coins are stabilizing at key support levels. Gradually accumulate positions, set stop-losses, and hold them for the long term.'
She was stunned on the spot: 'Is it really that simple? No need to stay up late watching research reports, no need to find inside information?'
'It's that simple.' I countered her, 'But I ask you, can you refrain from staring at the market for 8 hours every day? Can you accept a floating loss of 30% without panicking? Can you resist the urge to chase after those small coins whose white papers you can't even understand?'
Xiao Lin fell silent in an instant— this is precisely the Achilles' heel of all beginners.
I've seen too many friends just entering the market who think 'not staying up late to study means not working hard', holding the mindset of 'missing out on hundredfold coins means losing big', heavily betting on various altcoins that sound mysterious just by their names. What was the result? Either they get liquidated, or they repeatedly chase after rising and falling prices during fluctuations, and in the end, their capital keeps shrinking.
Just like someone who has never held a fishing rod always thinks that fishing requires complex skills, but real experts understand: stabilizing the fishing rod in the wind and waves, and being patient while waiting for the fish to bite is the core skill.
After bringing a few disciples, I finally understand the true meaning of the cryptocurrency market: it is never in complex strategies, but in the most basic discipline: don't be greedy (don't chase after hundredfold myths), don't be anxious (don't trade frequently), and don't act recklessly (don't heavily invest or use leverage).
Now Xiao Lin has already started implementing the 'gradual accumulation + regular investment' plan. Although she still occasionally can't help but want to watch the market, at least she won't make the fatal mistake of heavily investing with leverage again.
If you are also a new player just entering the market, or if you have lost money before and want to turn things around, remember to follow me— in the next issue, I will break down 'the 3 stop-loss mistakes that beginners must avoid' and teach you how to control risks with the simplest methods. Like and save this article; when you feel impulsive next time, pull it out and take a look. Don't let your capital pay for 'fear of missing out' again!
