After years of mingling in the cryptocurrency circle, I’ve come to understand one thing: most people lose money not because of poor skills, but due to impulsive actions.
The market isn’t the problem, nor is the position; the issue lies in — wanting to hold on a bit longer after making a profit, or refusing to cut losses when in the red, stubbornly waiting for a miracle.
I used to be like that too, with my account repeatedly hitting zero, until I established a strict rule for myself: all emotional actions must be eliminated.
I call it the "Five Self-Destructive Limits":
· No full positions — no matter how confident, at most 1/5 of the position, always keep some bullets in reserve.
· No averaging down on losing trades — if it drops, it’s a mistake; averaging down is not a strategy, it’s revenge.
· No chasing prices — once it rises, let it go; there are thousands of coins, don’t fall into the trap of emotional attachment.
· Monitor the market for no more than 1 hour — once emotions take over, even the best skills are useless.
· No open positions before sleeping — the market won’t wait for you to wake up; it acts in the middle of the night.
Guess what happened next?
The capital remained the same, but the drawdown became smaller and smaller, and the account started to rise without decline.
At that moment, I realized: true experts don’t win by making a lot of money, but by making fewer mistakes.
If you’re still in the stage of "unable to resist, feeling itchy," don’t rush to learn any profound strategies; first, learn self-discipline.
The most powerful weapon in the cryptocurrency world has never been leverage, nor technical indicators, but — restraint.
The market is always there, opportunities don’t wait for anyone; if you want to hit the right rhythm without getting lost, follow Lin Jie and plan together! #加密市场反弹 #加密市场观察
