In this market, you only realize after staying for a long time that those who last the longest are often not relying on luck.
I have also experienced the thrill of making money and tasted the bitterness of losses. I’ve stepped on more pits than I’ve eaten meals. The final takeaway is actually very simple—things that truly work are never complicated.
Many people can’t sit still when K-line fluctuations increase; they move quickly, increase their positions, and their emotions follow suit. The result is basically the same—getting out of the market. I’ve done all these stupid things before, and now I can only laugh and say that’s the price of tuition.
Later, I dismantled the entire approach and rebuilt it from scratch.
When it comes to choosing coins, I focus on activity. If it has risen before, has popularity, and trading volume, it means real money is flowing in. For those coins that haven’t moved in months, I don’t care how cheap they are; buying them is just a fight with myself.
When looking at cycles, I ignore short-term noise. I only look at the larger timeframes. If the trend isn’t clearly emerging, I prefer to stay in cash and wait. The game of oversold rebounds has too low a win rate, and playing it long-term will definitely lead to a crash.
Once I enter, there’s only one operation—watch the support level. If the price holds, I keep holding; if it breaks below, I close the position immediately—no explanation, no hesitation. There’s no need to hold onto profits just for face.
I am especially cautious about taking profits. When the price reaches a certain height, I take some profits first to reduce the risk for the account. The remaining position is left to the market to perform; if it pulls back too deeply, I exit completely. Not having the whole cake is no regret—if I can put the money in my pocket, I consider it a win.
The most core understanding is—I’ve long given up on the idea of a turnaround. The market creates opportunities every day, but your principal is only one life. By sticking to the rules and controlling your emotions, you can go much further.
To put it simply, the biggest fear in the crypto world isn’t slow action, but reckless messing around. The simpler the methodology, the easier it is to stick with. Those who live by the same rhythm all along often end up going farther than anyone else.
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CryptoPhoenix
· 11h ago
This really hits the nail on the head. I was also the most devastated because I acted too quickly at the beginning [laughing with tears].
Following the rules is really the hardest thing, a hundred times more difficult than analyzing K-line charts.
Sometimes I also think, how great it would be if I could cause less trouble, but the market is tempting you to get on board every day.
Honestly, I finally understand now that those who survive are the winners.
Don't mess around blindly—this phrase is truly engraved in my heart. I've experienced too many unnecessary operations.
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StakeTillRetire
· 11h ago
Honestly, this is what a trader who has truly seen blood should look like. My small losses just look like playing around, haha.
Breaking support levels and going all in? I need to learn that. Too many times I just stubbornly cling to that illusion of a "rebound hope."
It's easy to say, but very few can truly resist the urge to mess around recklessly.
A turnaround? That's how the biggest lie in the crypto world is born.
Simplicity is the ultimate trick; complexity only makes you pay more tuition.
Letting go of obsessions can actually help you live longer, ironic but true.
So the takeaway is: choose the right coins, look at the big cycle, hold support, cut losses quickly?
What I'm most afraid of now is being deceived by my own "experience."
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degenonymous
· 11h ago
Talking about strategies on paper is easy; actually executing them is hard. There's nothing wrong with the statement, but how many people can stick to this approach?
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MetaEggplant
· 11h ago
That's right, you just can't mess around blindly. I used to be reckless too, but now I've fixed that problem and I'm still alive.
In this market, you only realize after staying for a long time that those who last the longest are often not relying on luck.
I have also experienced the thrill of making money and tasted the bitterness of losses. I’ve stepped on more pits than I’ve eaten meals. The final takeaway is actually very simple—things that truly work are never complicated.
Many people can’t sit still when K-line fluctuations increase; they move quickly, increase their positions, and their emotions follow suit. The result is basically the same—getting out of the market. I’ve done all these stupid things before, and now I can only laugh and say that’s the price of tuition.
Later, I dismantled the entire approach and rebuilt it from scratch.
When it comes to choosing coins, I focus on activity. If it has risen before, has popularity, and trading volume, it means real money is flowing in. For those coins that haven’t moved in months, I don’t care how cheap they are; buying them is just a fight with myself.
When looking at cycles, I ignore short-term noise. I only look at the larger timeframes. If the trend isn’t clearly emerging, I prefer to stay in cash and wait. The game of oversold rebounds has too low a win rate, and playing it long-term will definitely lead to a crash.
Once I enter, there’s only one operation—watch the support level. If the price holds, I keep holding; if it breaks below, I close the position immediately—no explanation, no hesitation. There’s no need to hold onto profits just for face.
I am especially cautious about taking profits. When the price reaches a certain height, I take some profits first to reduce the risk for the account. The remaining position is left to the market to perform; if it pulls back too deeply, I exit completely. Not having the whole cake is no regret—if I can put the money in my pocket, I consider it a win.
The most core understanding is—I’ve long given up on the idea of a turnaround. The market creates opportunities every day, but your principal is only one life. By sticking to the rules and controlling your emotions, you can go much further.
To put it simply, the biggest fear in the crypto world isn’t slow action, but reckless messing around. The simpler the methodology, the easier it is to stick with. Those who live by the same rhythm all along often end up going farther than anyone else.