4 tips to help you avoid 90% of the crypto world traps.
The crypto world is not about winning desperately, but about surviving through understanding.
Many newcomers to the crypto world often think that perpetual contracts are a shortcut to "quick doubling." But to be honest: those who frequently make random moves, get emotional, and go all in at every turn, end up with nothing but losses.
I have been honing my skills in the market for a few years, and what has brought me to this point are four fundamental principles. They won't make you rich overnight, but they can help you avoid most pitfalls. In the crypto world, "surviving" is the greatest victory.
1. Don't go All in —— Positioning is not about courage, it's about the bottom line.
FOMOing into a full position as soon as the market moves is the most fatal mistake for beginners. The market gives you a random pullback, and you get liquidated without even a chance to turn things around. Remember one thing: always leave room for trial and error. It's okay to make one mistake, but making three mistakes is called failure. Those with stable positions will always go further than those who are aggressive.
2. Go with the flow, don't go against human nature.
Human nature likes to buy at the bottom and fears chasing the rise, but those who truly make money are always the ones who follow the trend. A pullback when the trend is upward is a gift of chips to you. As long as the trend hasn't broken, just hold on and don't guess the top randomly. The market has inertia, and trends continue to be far greater than reversals.
3. Take profit and stop loss are your moats.
Making money is easy, but keeping it is the hardest. Without stop loss and take profit, no matter how good your market sense is, it won't be useful. Remember these three iron rules: Each loss does not exceed 5% of the total funds; Try to make each profit exceed 5%; Win rate remains above 50%. By achieving these three points, your funds will naturally grow steadily.
4. Don't move around, just relax when it's time to.
The biggest problem for beginners is being too eager. Five to six trades a day, dozens to hundreds of operations in a month, the busier I get, the more I lose. Trading is not a physical activity; it is the art of waiting. Limiting yourself to 2-3 planned trades a day is much better than randomly clicking a hundred times. The market is always there, but you don't need to rush in every minute and every second.
Summary: Don't go all in, follow the trend, control risks, and operate less. In the crypto world, being able to stay steady, wait, and survive is more valuable than any get-rich-quick scheme.
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.
4 tips to help you avoid 90% of the crypto world traps.
The crypto world is not about winning desperately, but about surviving through understanding.
Many newcomers to the crypto world often think that perpetual contracts are a shortcut to "quick doubling."
But to be honest: those who frequently make random moves, get emotional, and go all in at every turn, end up with nothing but losses.
I have been honing my skills in the market for a few years, and what has brought me to this point are four fundamental principles. They won't make you rich overnight, but they can help you avoid most pitfalls. In the crypto world, "surviving" is the greatest victory.
1. Don't go All in —— Positioning is not about courage, it's about the bottom line.
FOMOing into a full position as soon as the market moves is the most fatal mistake for beginners.
The market gives you a random pullback, and you get liquidated without even a chance to turn things around.
Remember one thing: always leave room for trial and error.
It's okay to make one mistake, but making three mistakes is called failure.
Those with stable positions will always go further than those who are aggressive.
2. Go with the flow, don't go against human nature.
Human nature likes to buy at the bottom and fears chasing the rise, but those who truly make money are always the ones who follow the trend.
A pullback when the trend is upward is a gift of chips to you.
As long as the trend hasn't broken, just hold on and don't guess the top randomly.
The market has inertia, and trends continue to be far greater than reversals.
3. Take profit and stop loss are your moats.
Making money is easy, but keeping it is the hardest.
Without stop loss and take profit, no matter how good your market sense is, it won't be useful.
Remember these three iron rules:
Each loss does not exceed 5% of the total funds;
Try to make each profit exceed 5%;
Win rate remains above 50%.
By achieving these three points, your funds will naturally grow steadily.
4. Don't move around, just relax when it's time to.
The biggest problem for beginners is being too eager.
Five to six trades a day, dozens to hundreds of operations in a month, the busier I get, the more I lose.
Trading is not a physical activity; it is the art of waiting.
Limiting yourself to 2-3 planned trades a day is much better than randomly clicking a hundred times.
The market is always there, but you don't need to rush in every minute and every second.
Summary: Don't go all in, follow the trend, control risks, and operate less.
In the crypto world, being able to stay steady, wait, and survive is more valuable than any get-rich-quick scheme.
#加密货币 #web3 #币圈