In the cryptocurrency world, the easiest way to lose everything is not by misjudging the market, but by completely mixing up short-term and long-term logic. I've seen too many people who, despite trading short-term, end up brainwashing themselves with long-term thinking after getting stuck, resulting in small losses turning into total loss.
The core of short-term trading is 'fast,' not 'holding on.'
In short-term trading, you make money from quick fluctuations. When you see positive news, you must decisively cut losses if the trend doesn’t align. The worst thing is to comfort yourself after being stuck with 'I’m optimistic in the long run,' turning liquid funds into dead money. Market opportunities come and go in an instant; stubbornly holding on not only misses new opportunities but also wears down your principal and mindset. True short-term experts treat themselves like machines—automatically cutting positions when they hit the stop-loss line, without arguing or fantasizing.
Long-term is not 'buy and forget,' but 'meticulous planning.'
Many misunderstand long-term contracts, thinking that just buying a coin and holding it will lead to profits. But long-term trading requires careful attention to entry points and position management. Buying at a high point, even the best coins can’t withstand volatility; if you don’t monitor or track, a black swan event can lead to direct liquidation. True stable long-term trading requires periodic review of trends, rolling back positions at critical points, and preserving profits.
The most fatal mistake: turning short-term into long-term, and long-term into 'contribution.'
The essence of contracts is to profit from price differences, not to fall in love. Once a short-term position incurs a loss, you can’t deceive yourself with 'long-term value'; similarly, for long-term positions that reach targets or reverse trends early, you must decisively take profits. The premise of flexible switching is clear logic, not emotion-driven.
Traders who can truly survive understand the importance of labeling each trade: short is short, long is long, and rules should not be mixed. Market conditions may change, but discipline cannot. Losing money is often not because the market is too harsh, but because we succumbed to the psychology of luck.
