Crypto trading is not a get-rich-quick game, but a journey of survival and mindset cultivation.



Last year, a trader set a goal with only $10,000 in their account: to trade full-time for 12 months. Sounds crazy? The result was that after 11 months, the account grew to $1.3 million. This is not some genius move, nor is it luck that every buy and sell point was perfectly timed. The year was filled with pitfalls, missed opportunities, and setbacks, but in the end, they survived and did quite well. What’s the key? A complete trading system combined with strict mental discipline.

**Market cycles are an iron law, not an accident**

This market is never short of opportunities; what’s lacking is the ability to survive long enough. At the beginning of 2024, Bitcoin started at $38,554, reaching a new high of $72,890 in March. And then? It fell below $67,000, with 170,000 traders forced to liquidate in one day, and over 5 billion dollars in funds evaporated.

Many people get crushed in such market conditions, and the reason is simple—they don’t understand market cyclicality. Without understanding cycles, they blindly chase highs at the peak of a bull market or panic and cut losses at the bottom of a bear market. Traders who survive long-term never let short-term volatility and emotions dictate their actions. Instead, they make decisions based on a larger timeframe. They never believe in the nonsense of "this time is different," but strictly follow market laws and their own trading systems.
BTC3,34%
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • 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)