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Don't remind me again today

#美国终止政府关闭 Recently, a friend who trades spot markets was complaining to me, saying that holding coins feels like holding ice—when it rises 5%, he wants to sell quickly, only to watch it double; when it drops 3%, he panics and cuts his losses, and then a couple of days later, it rises back above his cost. He asked me if I have any ways to help him stop "trembling."



That sounds very familiar. I used to be the same way years ago, holding potential coins but staring at the screen every day, thinking about taking profits when it rises a little, and imagining zeroing out when it dips a bit. I remember once catching a clear signal of a bull market starting, but during the watch, a 10% correction scared me into clearing my position. Later, that coin rose fivefold, and I lay in bed for three days counting sheep without sleeping.

Later, I realized one thing: retail investors can't hold onto coins not because of mentality issues, but because they mistake short-term fluctuations for trend reversals. It's like driving and constantly staring at the raindrops on the windshield, forgetting to watch the road, which leads to frequent steering adjustments and eventually veering off course.

Now, my approach is very simple, summarized into two strategies.

First: Watch the market less, do more homework. I now spend no more than 20 minutes a day watching charts; the rest of the time, I study project fundamentals, industry policies, and related information. When you truly understand the value of your holdings and the long-term logic behind them, a 5% fluctuation won't make you panic—it's like knowing your destination is south; a north wind won't make you turn around.

Second: Set safety thresholds in advance. Before each purchase, I set two numbers: a take-profit point at 100% gain to sell in batches, and a stop-loss point at a 20% decline to exit unconditionally. Once set, I don't touch it; it executes automatically when the time comes. This way, I won't miss profit-taking due to greed, nor will I hold onto bad positions out of luck or hope.

Some might say, won't this cause me to miss short-term explosive moves? But honestly, the crypto space isn't short of opportunities; what’s lacking is the discipline to seize big opportunities. The real danger isn't occasionally holding onto losing positions, but being stuck in the vicious cycle of "selling too early— chasing highs— cutting losses."

Broaden your perspective, slow down your trading frequency, and you'll find that making money isn't as torturous as it seems.
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DefiPlaybookvip
· 4h ago
Even in dreams, one should dream of the crypto world.
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AirdropDreamervip
· 4h ago
Can't understand it or do it.
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LiquidationWatchervip
· 4h ago
Stop loss is a lifesaver.
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WhaleWatchervip
· 4h ago
I've suffered this loss a long time ago.
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SolidityStrugglervip
· 4h ago
Research more, watch the market less
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