Encryption Trader's Handbook: A Quick Overview of 25 Harsh Truths

Author: Alertforalpha

Compiled by: Plain Language Blockchain

Here are 25 brutal truths that no one will tell you—but every serious trader will eventually understand these truths through painful lessons.

Most traders are losing money. Because most people trade on emotion, not data.

Opportunity beats talent. You can be very smart, but if you enter the market too early or too late, you will go bankrupt.

A bull market makes fools look like geniuses. Don't mistake luck for skill.

You will never “catch the bottom.” Stop fantasizing about the perfect starting point - waiting for it will only make you lose track of the market.

No one cares about your beliefs. The market does not reward beliefs, but rather rewards execution.

Your arrogance is your biggest position. And it is likely to be your first destruction.

You are not a long-term investor—you are just aiming for a pullback. When “holding” is merely a denial of reality, it is not a strategy.

The influencer you are following? They are likely shipping to you.

If everything is plummeting, diversification won't save you. In a bear market, the correlation of assets tends to approach 1.

If you cannot withstand a 50% drawdown, then you have made a mistake. Volatility is the “ticket” you pay for cryptocurrency gains.

Greed and fear are not just emotions — they are market cycles. Either master them or be destroyed by them.

Most traders are bored. No hype, no FOMO (fear of missing out) — just a consistent process.

You need more tokens. You need to gain more leverage with less investment scale.

Charts cannot predict the future - they map your emotions. Most people read (their own perceptions) rather than the data.

Airdrops and meme coins won't make you rich. Discipline and wisdom will.

Cash is also a position. Sometimes, the wisest trade is not to trade.

You will miss many 100x increases — that's okay. Your job is not to catch a rocket, but to handle every crash.

The market doesn't owe you a rebound. If you get liquidated, start over — instead of engaging in revenge trading.

Leverage won't make you a professional. It will only accelerate your Manhattan.

Do not go against liquidity (the big trend). If the big players are selling off, your beliefs are worth nothing.

If you cannot stick to the plan, then the plan is useless. Execution > Strategy > Empty Talk.

No one goes bankrupt because of the last wave of a pullback. But everyone goes bankrupt because of the last wave of a pullback.

If you cannot sleep peacefully, do not trade. If a position disrupts your inner peace, then it is serious.

You are your own biggest enemy. Every bad decision starts with “just this once.”

The goal is not to win every trade. Instead, it is to stay in the game long enough to catch those right trades.

Conclusion:

Cryptocurrency rewards are not about enthusiasm - but discipline.