'Bro, if I keep losing, my baby will run out of formula!' In the late-night voice chat of the community, the woman's voice was wrapped in the sound of her child's cries, piercing like a needle into the heart. Who would have thought that this mother, whose account later surged to 52000, would eventually be kicked out of the group chat by me personally?
As an analyst who has been navigating the cryptocurrency market for eight years, I have seen too many newcomers entering with the dream of 'recovering losses.' She was the one that concerned me the most. That day, she posted a screenshot of her 1800 account in the group, with the caption 'Looking for help, if I lose everything, I'll quit the circle,' and the sound of a baby crying in the background tugged at my heartstrings.
I privately sent her a 'slice trading method': divide the capital into 10 equal parts, only move one part each time, no matter if it rises or falls, do not add more. She quickly replied with a disdainful expression: 'Does this mean I have to wait until my son is in elementary school to break even?' I didn’t hold back: 'Want to take a shortcut? The market has plenty of 'elevator jumps', very fast.'
Looking back now, that month was probably the closest she ever got to 'stable profitability'. Every day she would go online after the kids fell asleep, hoarsely asking me 'Isn't it too early to take profits at this level?' 'Should I cut losses if it drops two points?'. I watched her account climb from 1800 to 2600, then jump to 5100, 8300, calmly adding to her position when it was in the red, and taking profits when it was in the green, steady as a veteran who has been watching the market for ten years.
Here’s a piece of valuable advice, which I repeatedly emphasize to fans: the core of new traders' profitability is never about 'catching the bull', but about 'controlling the position'. Many people think that dividing into 10 trades is too slow, but forget that in the crypto market, 'surviving' is ten thousand times more important than 'earning more'. If you test errors with 10% of your capital, even if you lose it all, it’s just a minor injury; but if you go all in once, you could be swept out of the market. Those who can withstand the market and become veterans all started from 'ant moving houses'.
I thought she really understood until one day she messaged me: 'Bro, do you think I can be considered a master now?' The moment I saw that sentence, my heart sank; she had gotten carried away.
Three days later, she sent a screenshot of a new cryptocurrency with her entire position, captioned 'This time it will double, bro wait for my good news.' I opened the screenshot and immediately sent her three words: 'Quick stop-loss.' She didn't reply, and when I saw her message again, it was her asking in a crying tone: 'Bro, I lost 40%, why did this happen?' I asked her why she didn't stop-loss, and after a long pause, she replied: 'I thought it would rebound.'
I didn't scold her, nor did I give her advice to add to her position; I just blacklisted her and kicked her out of the group. It's not that I am heartless, but I know very well the destructive power of those three words 'I thought' in the market; they can turn the most stable traders into the most gambling gamblers. If I entangled with her further, she would only think 'if I wait one more time, I can break even', and then throw in more money for milk powder and living expenses, ultimately losing even worse.
To be honest, the sharpest knife in the crypto market is never the 'bear market', but 'greed'. It will tell you when you are making profits 'wait a little longer to earn more', and will deceive you when you are losing 'just hold on a bit and you can break even', ultimately dragging you into an abyss from which you cannot return. I have seen too many cases of earning from thousands to hundreds of thousands, only to end up in debt; what they lost was not the market but their inability to stop after winning.
Yesterday someone asked me: 'Bro, what does it mean to truly profit?' My answer is very simple: being able to turn off the computer immediately after making money, spending time with the kids when it's time to, and eating when it's time to eat, that is real skill. Those who stay up late staring at the screen are either the ones who haven't made money or those who made money but still want more, and in the end, most of them become 'nutrients' for the market.
I don't know how that mom is doing now, I wish her good luck, and hope she won't be 'taken out' by the market again. I also want to say something heartfelt to you in front of the screen: the market never lacks opportunities to make money; what it lacks is people who can control their desires.
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