Over the past few years in the crypto scene, Bro Bai's biggest takeaway is actually pretty simple:
The folks who genuinely make money in the long run often aren't that 'busy'.
A lot of newbies jump into the market and end up glued to their screens, trading every day, thinking that not opening a position means missing out on opportunities.
In the end, they hustle for a whole year, but their accounts don’t grow, and their emotions crash instead.
Eventually, Bro Bai realized that money in crypto isn’t made from frequent trades, but by nailing those key market moves.
Just like the previous big market waves, if you manage to catch even a segment of it, the gains can be quite substantial. $ETH
And the toughest part of the market isn’t about being unable to buy, but about holding on and selling correctly.
Especially since many people have a common flaw:
When good news comes out, they can't bear to exit;
As the market keeps climbing, they start daydreaming about doubling their profits;
In the end, they give back all their profits bit by bit.
One of the most real aspects of the market is— it always rewards the decisive and punishes the greedy.
So over these years, Bro Bai set a rule for himself:
If the news turns out less than expected, better to take profits and run.
Earning a bit less is never scary; what’s scary is giving back profits or even your principal to the market. $GUA
Another point, Bro Bai is increasingly convinced:
Position size is even more important than direction.
If you get the direction wrong, you can still stop-loss, but if your position size is off, you might not even get a chance to recover.
Many people dive in with their entire account, thinking they’re ready to make bank, but oftentimes they’re just eager to recover losses.
But in the market, the more desperate people are, the easier they are to get eliminated.
Now, Bro Bai trades with a mid-term approach, leaning towards light positions and slow accumulation;
For short-term trades, it’s all about quick in and out.
If you're wrong, admit it; if you’re in profit, take it; don’t get emotionally attached to the market.
It sounds simple, but very few can actually stick to it long-term.
The crypto space has no shortage of opportunities; what it truly lacks is— those who can endure until the opportunities arise.
When the market is hot, everyone thinks they’re a pro;
The real difference shows when the market is rough, as to who can still manage their positions, emotions, and actions. $IO
In trading, at the very end, it’s not about the skills; it’s about human nature.
The pitfalls Bro Bai has encountered over the years are often more valuable than the money he’s made. #BTC突破失败或为熊市信号 #美联储理事重申抗通胀承诺
The folks who genuinely make money in the long run often aren't that 'busy'.
A lot of newbies jump into the market and end up glued to their screens, trading every day, thinking that not opening a position means missing out on opportunities.
In the end, they hustle for a whole year, but their accounts don’t grow, and their emotions crash instead.
Eventually, Bro Bai realized that money in crypto isn’t made from frequent trades, but by nailing those key market moves.
Just like the previous big market waves, if you manage to catch even a segment of it, the gains can be quite substantial. $ETH
And the toughest part of the market isn’t about being unable to buy, but about holding on and selling correctly.
Especially since many people have a common flaw:
When good news comes out, they can't bear to exit;
As the market keeps climbing, they start daydreaming about doubling their profits;
In the end, they give back all their profits bit by bit.
One of the most real aspects of the market is— it always rewards the decisive and punishes the greedy.
So over these years, Bro Bai set a rule for himself:
If the news turns out less than expected, better to take profits and run.
Earning a bit less is never scary; what’s scary is giving back profits or even your principal to the market. $GUA
Another point, Bro Bai is increasingly convinced:
Position size is even more important than direction.
If you get the direction wrong, you can still stop-loss, but if your position size is off, you might not even get a chance to recover.
Many people dive in with their entire account, thinking they’re ready to make bank, but oftentimes they’re just eager to recover losses.
But in the market, the more desperate people are, the easier they are to get eliminated.
Now, Bro Bai trades with a mid-term approach, leaning towards light positions and slow accumulation;
For short-term trades, it’s all about quick in and out.
If you're wrong, admit it; if you’re in profit, take it; don’t get emotionally attached to the market.
It sounds simple, but very few can actually stick to it long-term.
The crypto space has no shortage of opportunities; what it truly lacks is— those who can endure until the opportunities arise.
When the market is hot, everyone thinks they’re a pro;
The real difference shows when the market is rough, as to who can still manage their positions, emotions, and actions. $IO
In trading, at the very end, it’s not about the skills; it’s about human nature.
The pitfalls Bro Bai has encountered over the years are often more valuable than the money he’s made. #BTC突破失败或为熊市信号 #美联储理事重申抗通胀承诺