I've seen many legends in the crypto world—starting with 5,000 yuan and turning it into over a million in half a year. It sounds like a story, but it's frighteningly real. Even more heartbreaking is that the day before, they made 500,000 yuan, and the next day, their account was wiped clean. This is not alarmist talk; it's a true reflection of this market.
There are so many people trading contracts, but most end up losing money. The main reason is simple: they haven't learned to wait. This is the hardest lesson of all. Trading all day long, constantly getting liquidated, you'll never understand the meaning of "stop."
The key to rolling positions is one sentence: wait for the most aggressive market conditions before taking action. And beginners? They always want to add positions after making money, but a wave of correction can wipe them out instantly. The correct approach is this: once the first trade is profitable, withdraw the principal immediately. The remaining is pure profit, and use that to roll over. This change in mindset makes a huge difference, and risk can truly be controlled.
My own trading logic is: after earning 50% profit, immediately move the stop-loss line up to the cost price, so at least you won't lose money. After doubling, lock in at least 30% profit as a safety cushion. These seemingly small details, the earlier you master them, the longer you'll survive in the crypto world.
The real reason people lose money is, to put it plainly, they can't hold their ground. They don't take profits, and in the end, all their money gets spit back out. They only regret when the market reverses, but by then, it's too late. When opportunities come, you must react quickly, but even more importantly, learn to take profits in time.
The crypto market won't wait for anyone. Hesitating when it's time to act means missing out. Instead of agonizing over whether to enter, master these practical experiences first. Let every market fluctuation become your learning opportunity, rather than confusing yourself with chaos.
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OvertimeSquid
· 01-11 12:53
I've seen that wave of zeroing out, truly exceptional, a night to go back to the era of liberation.
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GhostInTheChain
· 01-11 12:52
You're so right. The disease of greed really can't be cured. Having seen too many stories of overnight wealth followed by overnight loss, in the end, it's the mentality that suffers.
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rug_connoisseur
· 01-11 12:52
Exactly, the word "wait" has really caused the downfall of many people.
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NFTregretter
· 01-11 12:50
That hits too close to home. I am the one who made 500,000 and then wiped out the next day, really...
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SnapshotLaborer
· 01-11 12:40
Honestly, the words "stop" are indeed a terminal illness; few people can truly do it.
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TokenRationEater
· 01-11 12:24
You're right, I've seen too many friends who double their money overnight only to get wiped out the next day, it's really like gambling.
Only those who can hold their nerve are the winners, I have deep personal experience with this.
Taking profits is easy to say, but few actually do it.
Frequent trading is suicide; I now basically wait for the right opportunity before acting.
After making a profit, wanting to increase leverage further—this mindset is indeed the easiest way to get wrecked.
It's really greed causing the problem, wanting 100% after earning 50%.
Trading contracts is not something everyone can do; if your mindset isn't right, you're just giving away money.
I've seen many legends in the crypto world—starting with 5,000 yuan and turning it into over a million in half a year. It sounds like a story, but it's frighteningly real. Even more heartbreaking is that the day before, they made 500,000 yuan, and the next day, their account was wiped clean. This is not alarmist talk; it's a true reflection of this market.
There are so many people trading contracts, but most end up losing money. The main reason is simple: they haven't learned to wait. This is the hardest lesson of all. Trading all day long, constantly getting liquidated, you'll never understand the meaning of "stop."
The key to rolling positions is one sentence: wait for the most aggressive market conditions before taking action. And beginners? They always want to add positions after making money, but a wave of correction can wipe them out instantly. The correct approach is this: once the first trade is profitable, withdraw the principal immediately. The remaining is pure profit, and use that to roll over. This change in mindset makes a huge difference, and risk can truly be controlled.
My own trading logic is: after earning 50% profit, immediately move the stop-loss line up to the cost price, so at least you won't lose money. After doubling, lock in at least 30% profit as a safety cushion. These seemingly small details, the earlier you master them, the longer you'll survive in the crypto world.
The real reason people lose money is, to put it plainly, they can't hold their ground. They don't take profits, and in the end, all their money gets spit back out. They only regret when the market reverses, but by then, it's too late. When opportunities come, you must react quickly, but even more importantly, learn to take profits in time.
The crypto market won't wait for anyone. Hesitating when it's time to act means missing out. Instead of agonizing over whether to enter, master these practical experiences first. Let every market fluctuation become your learning opportunity, rather than confusing yourself with chaos.