Deep Insights into the Crypto World: How to Avoid the Fatal Pitfalls of 90% of Investors! Share with newbies to help you avoid detours.
In the crypto circle, 9 out of 10 people lose money, not because the market is too harsh, but because most people fall into the same repeated traps. If you want to squeeze into the 10% profit camp, remember these 4 core avoidance logic points, and you can avoid 80% of the detours!
1. Choose your circle: Stay away from "loss contagion sources"
Don't linger in negative energy groups complaining together. Those who constantly say "main force black" and "platform pit" are just spreading anxiety and irrational behavior. Quickly get close to the steady veterans: they don't shout to chase highs or flaunt empty charts, they only teach loss-cutting and share trading notes. Following the right people is how you learn the right discipline; this is the most valuable network.
2. Stabilize your mindset: principles must not waver.
The confidence in trading comes from losses, but don't lose it on "lack of principles." The stop-loss line is more valuable than the bank card password; if it breaks, cut losses without any luck; even if you cut and then it rebounds, it’s better than breaking the rules and getting stuck - bending the principle once is equivalent to a total collapse.
3. Follow the rules: Treat trading like a business.
Don't blindly follow trends like you're scrolling through short videos! Every trade must be clear: entry logic, support levels, take profit and stop loss. Reject gambler-style operations. Quality over quantity in strategy; focus on one effective signal (like a stable breakout on low volume), and practice until you can easily identify price movements. This is ten times more reliable than switching strategies twenty times in six months.
4. Control your position: Being alive gives you opportunities.
Always keep 30% of the principal as "emergency funds" and never exceed 50% position! No matter how attractive the market is, don't heavily bet - the market doesn't care how much you earned last time; only by protecting your principal can you wait for the real opportunity. Small profits compounded are more reliable than a hundredfold myth; accumulating small amounts can lead to long-term profits.
The cryptocurrency market is filled with uncertainty and challenges, but it also contains potential opportunities. Investors should fully understand the associated risks when participating in cryptocurrency investments, remain calm and rational, and adopt a prudent strategy to respond to market changes!
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Deep Insights into the Crypto World: How to Avoid the Fatal Pitfalls of 90% of Investors! Share with newbies to help you avoid detours.
In the crypto circle, 9 out of 10 people lose money, not because the market is too harsh, but because most people fall into the same repeated traps. If you want to squeeze into the 10% profit camp, remember these 4 core avoidance logic points, and you can avoid 80% of the detours!
1. Choose your circle: Stay away from "loss contagion sources"
Don't linger in negative energy groups complaining together. Those who constantly say "main force black" and "platform pit" are just spreading anxiety and irrational behavior. Quickly get close to the steady veterans: they don't shout to chase highs or flaunt empty charts, they only teach loss-cutting and share trading notes. Following the right people is how you learn the right discipline; this is the most valuable network.
2. Stabilize your mindset: principles must not waver.
The confidence in trading comes from losses, but don't lose it on "lack of principles." The stop-loss line is more valuable than the bank card password; if it breaks, cut losses without any luck; even if you cut and then it rebounds, it’s better than breaking the rules and getting stuck - bending the principle once is equivalent to a total collapse.
3. Follow the rules: Treat trading like a business.
Don't blindly follow trends like you're scrolling through short videos! Every trade must be clear: entry logic, support levels, take profit and stop loss. Reject gambler-style operations. Quality over quantity in strategy; focus on one effective signal (like a stable breakout on low volume), and practice until you can easily identify price movements. This is ten times more reliable than switching strategies twenty times in six months.
4. Control your position: Being alive gives you opportunities.
Always keep 30% of the principal as "emergency funds" and never exceed 50% position! No matter how attractive the market is, don't heavily bet - the market doesn't care how much you earned last time; only by protecting your principal can you wait for the real opportunity. Small profits compounded are more reliable than a hundredfold myth; accumulating small amounts can lead to long-term profits.
The cryptocurrency market is filled with uncertainty and challenges, but it also contains potential opportunities. Investors should fully understand the associated risks when participating in cryptocurrency investments, remain calm and rational, and adopt a prudent strategy to respond to market changes!