#密码资产动态追踪 Common mistakes made by beginners entering the crypto world often stem from a fundamental misunderstanding: thinking that making money depends on courage, speed, and insider information, believing that grabbing the next hot trend will allow you to earn effortlessly. But everyone who has been in this industry knows that the traders who truly survive and maintain consistent profits are never of that kind.
I have also paid my tuition fees. In those years, I often stayed up late staring at K-line charts, chasing rallies and selling dips, developing habits of resisting orders, which led to liquidations, anxiety, and insomnia in turn. It was only later that I realized a truth—if you treat trading merely as gambling, the market will eventually eliminate you; only by treating it as a serious job do you qualify to continue participating.
The first step in transformation is to break the habit of placing orders based on feelings. I started to operate at fixed times, plan in advance, and strictly follow my trading plan. During the day, the market noise is too loud, news is everywhere, emotions are easily influenced, and price oscillations are more likely to shake out traders. So I usually only review my trades after 9 PM, when the market has digested the day's information, the K-line trend is relatively clear, and the success rate of making decisions is much higher.
The key is executing take-profit and stop-loss orders. Many people become greedy after making some money, aiming for three times or five times their gains, but a single retracement can wipe out everything, causing the entire principal and profits to be lost. My approach is that even if I only make a thousand dollars, I first lock in three hundred dollars, and use the rest to continue rolling the trades. The numbers in the account are just paper wealth; only what is truly withdrawn to the wallet counts.
Before entering a position, you must check the indicators. Tools like MACD, RSI, and Bollinger Bands should at least give two consistent signals before you dare to act—that's the basic way to reduce risk. Stop-loss is even more fundamental—either gradually move the stop-loss with the market trend or set a hard stop-loss directly, leaving no room for regret. Mainstream coins like $U and $BTC also have significant volatility; poor risk control can still lead to bankruptcy.
The crypto market is never short of opportunities; what’s lacking are those who can survive. For friends still in loss, it might be time to re-examine your trading logic: Are your positions over the limit? Is your stop-loss being executed? Are you regularly taking profits? Be more cautious and follow the rules, and profits will naturally accumulate over time.
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#密码资产动态追踪 Common mistakes made by beginners entering the crypto world often stem from a fundamental misunderstanding: thinking that making money depends on courage, speed, and insider information, believing that grabbing the next hot trend will allow you to earn effortlessly. But everyone who has been in this industry knows that the traders who truly survive and maintain consistent profits are never of that kind.
I have also paid my tuition fees. In those years, I often stayed up late staring at K-line charts, chasing rallies and selling dips, developing habits of resisting orders, which led to liquidations, anxiety, and insomnia in turn. It was only later that I realized a truth—if you treat trading merely as gambling, the market will eventually eliminate you; only by treating it as a serious job do you qualify to continue participating.
The first step in transformation is to break the habit of placing orders based on feelings. I started to operate at fixed times, plan in advance, and strictly follow my trading plan. During the day, the market noise is too loud, news is everywhere, emotions are easily influenced, and price oscillations are more likely to shake out traders. So I usually only review my trades after 9 PM, when the market has digested the day's information, the K-line trend is relatively clear, and the success rate of making decisions is much higher.
The key is executing take-profit and stop-loss orders. Many people become greedy after making some money, aiming for three times or five times their gains, but a single retracement can wipe out everything, causing the entire principal and profits to be lost. My approach is that even if I only make a thousand dollars, I first lock in three hundred dollars, and use the rest to continue rolling the trades. The numbers in the account are just paper wealth; only what is truly withdrawn to the wallet counts.
Before entering a position, you must check the indicators. Tools like MACD, RSI, and Bollinger Bands should at least give two consistent signals before you dare to act—that's the basic way to reduce risk. Stop-loss is even more fundamental—either gradually move the stop-loss with the market trend or set a hard stop-loss directly, leaving no room for regret. Mainstream coins like $U and $BTC also have significant volatility; poor risk control can still lead to bankruptcy.
The crypto market is never short of opportunities; what’s lacking are those who can survive. For friends still in loss, it might be time to re-examine your trading logic: Are your positions over the limit? Is your stop-loss being executed? Are you regularly taking profits? Be more cautious and follow the rules, and profits will naturally accumulate over time.