Being led by the mainstream cryptocurrency market's candlestick charts, deceived by the slogan of 'wealth freedom' into paying tuition, those who can relate, drop a 1 in the comments. I dare say, not many of you here haven't stumbled in the crypto space! As an old analyst who has immersed in the crypto market for 8 years, today I won't talk nonsense; let's get to the heart of the matter and discuss my bloody history from a 'newbie chasing highs and cutting losses' to a 'stable profit veteran'. The 3 market truths hidden within are more useful than reading 100 market analyses.
When I first entered the market, like most people, I regarded the crypto market as a 'money-picking paradise'. Every day, I would wake up and immediately check my phone for market updates, scrolling through trading group messages during meals, and even dreaming about candlestick charts pulling up green candles. Looking back now, I was purely 'naked running into the market'—not understanding technical indicators, daring to invest heavily just by listening to so-called 'insider news', and the result was that my first stumble came out of nowhere: the heavily invested cryptocurrency suddenly crashed, and my account was directly wiped out.
It would be a lie to say I didn't feel like collapsing; at one point, I even thought about uninstalling the software and exiting altogether. But that stubbornness in me kicked in, and I started to frantically 'catch up': breaking down the mainstream asset trends of the past five years and reviewing them, writing 3000 words of trading diary every day, and clearly analyzing the reasons for each loss—was it greed that led to high leverage? Or was it not setting stop-loss and take-profit? Gradually, those moving averages and MACD lines that I used to find incomprehensible finally became my 'risk avoidance tools'. Here's a piece of advice: beginners shouldn't trust any 'guaranteed profit signals'; the core of reviewing is not to find opportunities to make money, but to understand why you lost!
What truly made me 'wean off' was two unforgettable market winters. One was the long bear market of 2018, when the assets I held shrank to just a fraction, and many friends who entered the market with me directly cut their losses and exited. My social circle was full of complaints about 'cryptocurrency scams.' The other was the extreme market conditions of 519 in 2021, when I was awakened by a market alert at three in the morning. I opened the software to see a screen full of green; the sense of market panic is still fresh in my memory. But it was precisely these two 'coming-of-age ceremonies' that helped me grasp the underlying logic of the market: the cryptocurrency market has never been a breeding ground for 'value investment', but rather a leveraged game of speculation. Those who survive are not necessarily the boldest, but the ones who understand risk control the best.
Later, relying on a trading system I developed myself, my trading win rate stabilized at over 70%, and the profits were enough to cover my daily expenses. I decisively quit my nine-to-five job and became a full-time cryptocurrency trader. Many people envy this kind of 'time freedom', but only those who have experienced it know that behind the freedom lies endless loneliness. There are no colleagues to vent about market conditions, no leaders assigning work, and every day I have to face the market's unpredictable ups and downs alone. Even when eating, I have to keep an eye on the screen, fearing I might miss key signals. Once during the New Year family dinner, I hid on the balcony to watch the market and was scolded by my mom for being 'irresponsible'. That feeling of grievance, which I could not explain, is probably something only full-time traders can understand.
Here, I want to share a change I've undergone: I used to love sharing market analyses on social media, always wanting to help my friends avoid pitfalls. But later, I completely stopped talking; it wasn't that I was stingy, but I had seen too many tragedies. Some people entered the market with leverage based on my views and ended up losing everything, even coming to hold me accountable. I slowly realized: the transfer of wealth in the cryptocurrency market is essentially a game of cognitive differences. Everyone's risk tolerance and trading rhythm are different; my 'opportunity' could be someone else's 'trap'. Rather than sharing so-called 'signals', it's better to teach everyone risk control logic; that's the real way to help people.
Now my trading philosophy is very simple: give up the fantasy of getting rich quickly and pursue stable profits. Many newcomers think about 'making quick money' as soon as they enter the market, using 10x or 20x leverage, and the result is often a quick exit. Now, every time I trade, I strictly control my position, with single-entry funds not exceeding 5% of the total account balance. After setting stop-loss and take-profit orders, I execute them resolutely, even if the market reverses. Some might think this means 'earning slowly', but I want to say: in the cryptocurrency market, 'surviving longer' is more important than 'earning quickly'; gradually becoming wealthy is the most reliable shortcut.
