2025-12-31 06:27:05

After spending a long time in this circle, you'll notice a pattern—those who end up living the most comfortably are never the ones who get rich overnight from a single wave of market hype.

I've seen too many stories firsthand: someone staying up all night watching the charts, multiplying their holdings tenfold in a month, only to give it all back the next month; others going all-in on a position, thinking they've gained insight after one successful trade, only to be wiped out in a sudden crash. Honestly, the essence of this game is mindset.

I've long given up on chasing "hundredfold coins" and now focus on how to stay steady amidst the storms. It might sound less exciting, but it really works.

**First Pitfall: Don't Chase the Pump**

The market is most dangerous when it's booming. You'll see everyone in groups talking about rising prices, sharing profit screenshots—FOMO at this point can completely wipe out your rationality. I’ve fallen into this trap myself—chasing highs multiple times, only to be the bagholder at the top.

Think the other way around: when the market is falling, everyone is panicking and selling off, which actually presents real opportunities. When others are trembling with fear, stay calm. Those who dare to step in at this moment often profit the most comfortably. A 20% drop? That's not bad—it's a discount.

**Second Pitfall: Never Touch Contracts**

Let me be clear: leverage contracts are just tools for harvesting. You might have heard a few stories of overnight riches, but there are hundreds of stories of liquidation and total loss.

XRP's ups and downs, BTC's volatility—20% moves in a single day are common as drinking water. Adding 10x or 100x leverage at this point? Short-term, you might make quick money, but the risk is proportional—the chance of losing everything instantly is much higher. We're here to invest, not to gamble.

**Third Pitfall: Emotions and Greed**

The hardest red line to hold is this: don’t let greed dominate your decisions. If you believe in a certain coin, invest systematically; if you don’t understand an opportunity, stay away; take profits when you reach your target, don’t expect to ride the entire market wave.

Living long-term in this market is far more important than making a quick fortune.

XRP0.59%

BTC0.74%

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OnchainDetectiveBing

· 6h ago

That's right, I've seen too many people make money and then lose it all in a market rally; in the end, the ones who don't last long are the greedy ones. Dollar-cost averaging is truly excellent; it's much more comfortable than gambling everything at once. I've tried trading contracts once and never again; it's too easy to get liquidated. This article has seen through it all—stability is the key to success. When others are FOMOing, we should just wait. Only those with a good mindset can laugh last. 100x coins are just nonsense; it's better to earn steady interest for peace of mind. I've learned my lesson from buying at high prices; I really won't chase the rally anymore. The problem is most people can't hold on at all; they can't resist when the price hits the daily limit.

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FudVaccinator

· 6h ago

That's true, but very few people can actually do it; most are still greedy and end up liquidating their positions.

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OfflineValidator

· 6h ago

Really, those who get liquidated playing with contracts deserve it; greed has no bounds and leads to this outcome. --- Chasing the high and buying the dip always ends like this. You see the group celebrating and can't resist jumping in, then get cut deeply. --- There's nothing wrong with dollar-cost averaging, but no one can really stick to it. --- The hundredfold coins should have been abandoned long ago. Steady and safe gains are the right way. --- A 20% drop is called a discount? We need a 50% fall to dare to buy the dip, otherwise we have no confidence. --- Listening to stories of overnight riches is fine, but stories of liquidation are the real reflection. --- What is long-term? I think most people won't make it to the next cycle. --- Contract leverage is essentially gambling; the platform relies on this to make a living.

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GasFeeNightmare

· 6h ago

Staring at the gwei fluctuations on the gas tracker late at night, I suddenly realized— all the gas fees I saved were eaten back by FOMO.

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PhantomHunter

· 7h ago

That's right, the key is to live long enough. Most of those around me who constantly dream of a hundredfold increase are gone. --- Chasing the pump is really a big trap. I've stepped into it countless times. Now, when I see FOMO, I just close my eyes. --- I'm completely done with contracts. Watching others get liquidated, I feel grateful that I'm still alive. --- Make your target and run. It sounds simple, but it's extremely difficult to do. Greed is like a drug. --- Not chasing the pump is the hardest part, especially when the group is full of screenshots. Rationality can really break down. --- Staying alive steadily is way more satisfying than getting rich overnight, even if it doesn't sound as exciting. --- Leverage in contracts is like gambling; I won't touch it again. Too many people are eliminated because of it. --- This approach is correct. Don't expect to ride the entire market; taking profits is the real deal. --- I strongly agree with not touching contracts at all. The risk is really not something to take lightly.

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OnChainDetective

· 7h ago

Everyone's right, but what I'm most interested in is... those who chase the high. Can their wallet addresses be tracked? I've monitored several large transfers suspected to be from institutions, and I always feel like there's an invisible hand behind the price movements manipulating the market.

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