When others get liquidated, I remain calm; when the market surges, I hold cash in hand. It's not that my mindset is particularly strong, but I have understood a simple principle: true profit opportunities are never chased; they are waited for.
Once, I saw a friend who trades cryptocurrencies. During the day, he heard someone mention a certain coin was about to take off, and by evening, he went all-in with his entire position. The next morning, the coin dropped 20%, and he hurriedly sold off. Just three hours later, that coin rebounded to a new high. But he had already exited, missing out on this wave of profit.
Stories like this happen every day in the crypto world. Many people believe that the core of trading is quick reactions and fast hands, but they don't realize that the more frequently you operate, the more severe your losses become.
In the past six months, I have managed to triple my funds steadily. There’s no secret—simply learning one word: "wait."
**Why do most people always lose money? It all comes down to one word: "impatience"**
There is a harsh reality in the crypto circle: over 80% of participants end up with losses. These people are not careless; in fact, they are overzealous. They trade frequently every day, chasing every hot news, afraid of missing any opportunity.
The cost of impatience is very real:
Seeing a coin suddenly rise 10%, they jump in immediately, without waiting for a trend confirmation, going all-in and getting caught at the top. When the market pulls back slightly, they panic and sell, only to watch the market rebound when they are on the sidelines. An even more extreme case is using leverage—daily 10% fluctuations in the crypto market can be deadly for leveraged positions, wiping out the principal entirely.
I know a veteran who has been trading for over ten years and has earned 30 million. When I asked him for his secret, he said something that enlightened me: "Most of the time, I actually don’t trade at all."
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.
12 Likes
Reward
12
7
Repost
Share
Comment
0/400
FloorPriceNightmare
· 2h ago
Oh, this is just my daily routine. Having cash in hand is always more comfortable than being fully invested.
Cutting losses, cutting losses, cutting losses—these are the three stages of a crypto enthusiast. After seeing it so many times, I’ve become numb.
Honestly, it’s a matter of temperament. Most people simply can’t sit still.
I think, rather than frequent trading, it’s better to learn to read K-lines and take a long nap.
Not trading is the highest level of operation, but anyone who can do this has already made a fortune.
Fast fingers? That’s not called trading, that’s called gambling. I just laugh.
Waiting is the hardest part because human nature is greedy. Once you understand this, you’ve got it.
An 80% loss doesn’t surprise me at all. After all, everyone wants to get rich quickly.
In the crypto world, anxiety itself shows you haven’t figured out how to play the game.
View OriginalReply0
degenwhisperer
· 3h ago
That's so true. Being quick on the draw is actually the shortcut to making money. I've seen too many old brothers who chase gains and sell off at a loss ending up with nothing.
You really need to have this patience; idle funds lying flat is the most profitable.
Going all-in with a full position, nine times out of ten, you'll lose. My friend was also taught this lesson.
Not trading is the biggest trade of all; those who understand, understand.
The longer you wait, the more you earn—that's the magic of the crypto world.
Basically, it's about mindset; only a few can hold on.
A threefold return sounds easy, but in reality, it's a battle with your own greed.
View OriginalReply0
PseudoIntellectual
· 3h ago
Holding cash can really make money, but I just can't wait
That's right, but most people simply can't do it; mental resilience can't be changed
Tripling your funds? No hype, no black, this data sounds a bit suspicious
During the time the veteran isn't trading, they might be doing other things
Waiting for Bitcoin to rise, but missing out on a small coin with ten times the profit, that's even more painful
I understand this logic, but executing it feels like living hell
People who watch K-line charts every day will never make money, this statement hits home
View OriginalReply0
GasFeeTherapist
· 3h ago
Holding cash is more satisfying than chasing gains, really
View OriginalReply0
CryptoFortuneTeller
· 3h ago
That's right, but too many people treat crypto trading as a quick thrill game like stock trading, and they just can't stop itching to trade every day.
Tripling in half a year is indeed outrageous, but the logic isn't wrong. I also only recently realized that those who actually make money are the ones who can resist trading, honestly, it's too difficult.
Looking at that friend's story just makes me want to laugh. This kind of thing happens every day. I know several people around me who are completely trapped.
Waiting is easy to say but also quite difficult. Everyone knows they should wait, but they just can't hold back.
This data is a bit frightening—80% loss? No wonder there are so many bankruptcy stories in the crypto world.
That brother's statement is spot on: most of the time he doesn't trade... that's true enlightenment.
I'm also trying to trade less now, but my fingers still can't help but click that trade button.
View OriginalReply0
GasFeeCrybaby
· 3h ago
Well... that's true, but I still want to go all-in; I can't quit this bad habit.
View OriginalReply0
ChainWatcher
· 3h ago
You're right, it's the word "wait" that’s the hardest... I got caught once last year by chasing high with full position and got stuck. Now, whenever I see a rally, I reflexively step back. I’m actually more stable now.
---
Hmm... sounds very reasonable, but when the market really takes off, your hand still unconsciously reaches for the trading button. That’s human nature, I guess.
---
Tripled my investment? I believe your logic, but not your execution. Most people can't endure the "no trading" phase; four or five days without action makes them uncomfortable.
---
Frequent trading = frequent fees + frequent cuts, this calculation is actually simple. But some still gamble on a turnaround, only to lose everything.
---
What the ten-year veteran said really hit home; the agony of idle cash is actually worse than losing money, always feeling like you're missing out on something.
---
Waiting for this to happen sounds simple, but in practice, you need enough capital to cushion yourself; otherwise, being forced to trade is inevitable.
When others get liquidated, I remain calm; when the market surges, I hold cash in hand. It's not that my mindset is particularly strong, but I have understood a simple principle: true profit opportunities are never chased; they are waited for.
Once, I saw a friend who trades cryptocurrencies. During the day, he heard someone mention a certain coin was about to take off, and by evening, he went all-in with his entire position. The next morning, the coin dropped 20%, and he hurriedly sold off. Just three hours later, that coin rebounded to a new high. But he had already exited, missing out on this wave of profit.
Stories like this happen every day in the crypto world. Many people believe that the core of trading is quick reactions and fast hands, but they don't realize that the more frequently you operate, the more severe your losses become.
In the past six months, I have managed to triple my funds steadily. There’s no secret—simply learning one word: "wait."
**Why do most people always lose money? It all comes down to one word: "impatience"**
There is a harsh reality in the crypto circle: over 80% of participants end up with losses. These people are not careless; in fact, they are overzealous. They trade frequently every day, chasing every hot news, afraid of missing any opportunity.
The cost of impatience is very real:
Seeing a coin suddenly rise 10%, they jump in immediately, without waiting for a trend confirmation, going all-in and getting caught at the top. When the market pulls back slightly, they panic and sell, only to watch the market rebound when they are on the sidelines. An even more extreme case is using leverage—daily 10% fluctuations in the crypto market can be deadly for leveraged positions, wiping out the principal entirely.
I know a veteran who has been trading for over ten years and has earned 30 million. When I asked him for his secret, he said something that enlightened me: "Most of the time, I actually don’t trade at all."