In the first few years of entering the cryptocurrency world, I was like most people:
staying up late, watching the market, chasing trends, and rushing in whenever someone shouted in the group.
The result was simple—didn't make any money, and I was almost ruined.
Later, when I lost so much that I doubted life, I did something very counterintuitive:
👉 I treated trading cryptocurrencies like a regular job.
No exhausting myself, no staying up late, no trading every day.
As a result, things started to stabilize.
The logic I use now sounds very silly, but it really works:
I refused to act without signals that I was familiar with and had verified.
I'd rather miss out than place random orders.
The following experiences are gained from my real trading pitfalls, especially for beginners.
1️⃣ Don't act after 9 PM
During the day, the news is the most chaotic:
Fake good news, fake bad news, various emotions in the group leading the rhythm,
K-lines jump around like an ECG.
I generally only consider operations after 9 PM:
The news is basically settled
K-line structure is cleaner
It's easier to see the direction
Not rushing this order actually avoids many pitfalls.
2️⃣ If there's profit, take some off the table first
Many people lose not because they don't know how to buy,
but because they are reluctant to take profits.
For example, if the account increased a portion today:
👉 First, take a small portion out
and let the rest continue to roll.
I've seen too many people:
When making profits, they complain it’s too little,
When there's a pullback, they give everything back.
Remember a saying:
What you take out is the real deal.
3️⃣ Don't rely on feelings, you must check the indicators before placing an order
"I feel like it's going to rise"
This is the most dangerous sentence.
Right now, I'm only looking at these three basics:
MACD: Is there a clear directional signal?
RSI: Is it already overheated?
Bollinger Bands: Is it in consolidation or going to trend?
At least two indicators in the same direction,
then consider acting.
If not, just close the software.
4️⃣ Stop losses must be thought out in advance
If you have time to watch the market:
👉 Once the price moves, gradually move the stop loss up to protect profits.
No time to watch the market:
👉 Be sure to set hard stop losses to guard against black swans.
Don't think about "waiting a bit longer",
the market never waits for anyone.
5️⃣ Withdraw regularly, don't blindly trust account numbers
The numbers in the account that don't move look nice,
but when something happens, they are of no use.
I set strict rules for myself:
Handle part of it when the time is right
Continue operating with the rest
The only benefit of doing this is:
👉 The mindset is much steadier.
6️⃣ K-lines don't need to be too complicated
Simple is enough:
Short-term: Look at the 1-hour level
Consolidation: Switch to 4-hour, find key support
No need to draw a bunch of lines,
The more complicated it looks, the easier it gets messy.
7️⃣ These pitfalls, absolutely don't step in
❌ Don't use too much leverage
❌ Avoid trading obscure coins and emotional coins
❌ Don't trade excessively in a day
❌ Absolutely do not borrow money to enter the market
You may be tired of hearing these words,
But not many can actually do it.
The last sentence comes from the heart
Trading cryptocurrencies is really not about effort.
If you treat it like a gamble,
the market will definitely make you lose.
If you treat it like a job:
Have time
Have discipline
Clock out on time
Instead, it’s easier to last longer.
I don't know if I can turn things around overnight,
but at least I won't be easily taken away by the market.
#加密市场反弹 #美联储降息 $BTC
