Having been involved in the crypto asset market for over a decade, my deepest realization is: this is not a gamble, but a battle that requires discipline and a systematic approach.



Recalling the end of 2014, I entered the market with 100,000 yuan full of hope, only to see my account shrink by 80% within half a year. That feeling still gives me chills when I think about it. But it was precisely this painful lesson that made me seriously ponder a question: why can some people achieve consistent profits, while most end up becoming the market’s ATM?

The answer is actually simple—most people treat trading as guessing the size. They rely on gut feelings to make moves, listen to rumors to chase rallies and sell-offs, and FOMO into trades when they see others making money. This kind of approach, the market has long prepared an exit for these people.

And those who truly survive in this market, without exception, follow the same principle: Rules + Execution. It sounds cliché, but that’s the whole secret. Over the past ten-plus years, I’ve stepped on more pitfalls than I’ve made money, and these lessons have gradually helped me build a complete trading framework, ultimately transforming from losses to steady profits.

Many people are stuck on a key issue for years without breakthrough—the understanding of trading levels and cycles. It sounds like nonsense, but 99% of failures are rooted here.

There’s an old saying: "Weak water, three thousand gallons, I only take a ladle." Literally, it means there’s so much water in the world, but you only need a ladle. The deeper meaning is that in the endless choices of life, stay clear-headed and focus on what truly matters.

The same logic applies to trading: the market is constantly creating opportunities, and price fluctuations are everywhere. But the traders who truly make money are not chasing every opportunity; they precisely identify their own track, and establish advantages at specific cycles and levels.
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ImpermanentPhobiavip
· 4h ago
That's right, I also got cut to pieces during that wave in 2014. Looking back, it was purely a gambler's mentality. The key is to have a system; playing by gut feeling is just waiting to die. --- The phrase "rules plus execution" has been overused, but it is indeed the truth. Those around me who are consistently profitable all follow this approach. I only understood after losing a round or two. --- I'm still struggling with the cycle level right now. Honestly, it looks simple but in practice, various crashes happen. --- I deeply understand the point of not chasing every opportunity. I used to want to copy every project I saw, but now I just wait for my own line to appear, and it's much more comfortable. --- Over ten years of falling into pits more than making money? Ha, isn't that the situation for most of us? So, you’ve already won. --- FOMO rushes in and then gets chopped up, this scene is replayed every day in the group, too many can't wake up. --- The analogy of "a sip" is clever, but it's easy to say and hard to do. Actually, only a few can truly achieve it. --- Honestly, a trading framework can't be built without three to five years of practical experience. The quick wealth scheme is pure nonsense.
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TerraNeverForgetvip
· 7h ago
Really, the rules plus execution are spot on. I failed in 2017 mainly because I lacked a proper framework. Looking back now, it was just a gambling mentality. I've heard too many stories of people saying "I feel the coin will rise" and then going all in—it's hilarious. The market will eventually harvest this wave. I only take a sip from the vast water of 3000, this phrase is well used. Most people are just greedy, and as a result, they can't hold on to anything. I've stepped into more pits over ten years than the money I've made—this is acceptable. Experience is just the cost. But honestly, knowing and doing are two different things. There are many who know they should have discipline. How long does it take to cure FOMO? It seems most people just can't get rid of it. Most people really don't understand cycles and levels—I only started paying attention to this recently. It seems that veterans who have experienced a big bear market are just different.
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SmartContractDivervip
· 7h ago
You're right, but I was also involved in the 2014 wave, and I felt it more deeply... The words "rules" and "execution" sound easy, but how many can truly accomplish them? To be honest, I'm still exploring the cycle aspect; I'm not as insightful as the author. The strategy of chasing gains and selling losses should have been phased out long ago, yet there are still people rushing forward and backward. The metaphor of "Weak Water Three Ladles" is brilliant; I need to remember it.
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ChainDetectivevip
· 7h ago
That really hits home. I also experienced a direct 80% shrinkage during the 2014 wave. Looking back now, it was still caused by FOMO. Rules and execution sound simple, but very few people actually stick to them. I am one of that 99%. The metaphor of "weak water three thousand" is perfect. Most people are just greedy and end up with nothing. My current framework is to stick to that track no matter what, otherwise I risk being cut by the market wave after wave. After more than ten years of pitfalls, I finally found my rhythm.
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OnchainSnipervip
· 8h ago
Sounds right, but does limiting yourself to one track really lead to profit? I feel like I might be missing out on more opportunities. There's nothing wrong with enforcing rules; the problem is that most people's rules are just garbage. I was also involved in the 2014 wave, but my experience was completely different—maybe I was just lucky. It's the same old argument about the "weak water" theory, but who really knows where their own track is? I don't deny that the system is important, but honestly, my biggest win was mostly due to luck and courage. After stepping on too many pits, it's easy to become conservative, which is also a trap. Is it true that 99% fail due to misunderstanding cycles? I think 99% fail because of poor emotional management.
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