Having spent ten years in the crypto circle, I've gone through all these detours. To be honest, most people's losses are not due to market issues but their own self-sabotage.



When I first entered the market, I was also reckless. Seeing others double their holdings in a few days made me eager, wanting to hit the jackpot overnight. But what happened—chasing highs and selling lows, my account funds just kept flowing out like a floodgate was open.

Only after losing a certain amount did I realize: for small funds to survive, it's not about speed but patience. Catch two or three main upward waves in a year, secure a steady profit, and the annual returns will follow. Going all-in every day, rushing in on news as soon as it breaks—that's not trading, that's gambling. I've seen many beginners who haven't even fully understood the candlestick charts yet, yet they dare to go all-in. Demo accounts can be reset infinitely, but a single mistake in real trading can wipe you out completely.

Some people also play the news. They buy high the day after good news comes out, only for the main players to sell right after. Ten years of this, and the pattern hasn't changed. The market always anticipates first; once good news is realized, it turns into bad news. By the time everyone knows, the opportunity has already flown away.

The key is a sense of rhythm. When the market is sluggish, rebounds are slow as snails; but once it accelerates downward, rebounds can be lightning-fast. The game of bottom-fishing and top-selling depends on precisely timing this rhythm.

The most costly lesson I learned—don't reduce your position before holidays. I always thought I could luck out, but when the holiday arrived, Bitcoin plummeted in a waterfall decline, and profits vanished in a few months. The market's iron law doesn't care about anyone's luck.

My current approach is simple: keep enough cash for medium-term swings, sell on rallies, buy on dips; for short-term trades, focus only on coins with high trading volume, using 15-minute K-line charts and KDJ to find the rhythm. That zone is where the whales harvest retail investors, not our main battlefield.

After ten years, my biggest realization is this: making money depends not on luck but on execution. Whether you can profit from the market is something already embedded in your trading habits. Don't dream of overnight riches—first learn to survive, then talk about winning.

Now I often review trades with newcomers, helping them identify the root causes of losses. Sometimes, just one rhythm point or a single idea can save an account. I once wandered in darkness and confusion, but now I hold this light in my hand, shining constantly. What about you?
BTC-0,17%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
AirdropJunkievip
· 01-09 03:55
Alright, a ten-year veteran's confession. It sounds like there's some perspective. But what I care about most is—if you say you must reduce your position before holidays, did you sell during this Spring Festival?
View OriginalReply0
WalletAnxietyPatientvip
· 01-09 03:51
That's right, it's just a mindset of self-sabotage. I used to be all in every day and messing around recklessly, only to lose everything and learn the hard way. Not reducing positions before holidays is a big mistake, I've stepped into countless pits because of it. Honestly, most beginners don't even deserve to make money; they dare to go all in without even fully understanding the K-line. Now I realize that just riding two or three waves steadily each year is enough, much better than gambling every day. These ten years have truly shaped people differently. I also started by chasing gains and selling at losses, only understanding the market after losing a lot. Having experienced the waterfall crash during holidays, I am now immune to this market routine. Sense of rhythm is really the key; most people die right here.
View OriginalReply0
ChainSherlockGirlvip
· 01-09 03:32
According to my analysis, this guy's ten years of blood, sweat, and tears all boil down to one core principle: don't chase the rise, really. Being able to hold on is profit. I've seen too many wallet address data showing that big players can make money because of one word—patience. Still not reducing positions during holidays? I've seen this move countless times on the chain, and none of them have a good ending.
View OriginalReply0
SoliditySlayervip
· 01-09 03:26
Well, that's right, it's about execution. I used to chase gains and sell on dips, but now I honestly stick to swing trading, and it's definitely much more stable over a year.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)