In the Crypto Assets market #数字货币市场回调 , Technical Analysis is certainly important, but more people are actually defeated by themselves.
When the market is falling, you can see a person's true character. The market is in the red, and some people start to curse market manipulation, angrily accusing the big players of cutting leeks. They say they want to exit the market, but their eyes are glued to the screen. As soon as the price rises slightly, they panic, and when it falls back, they start to regret. Decisions made in this state are usually wrong.
I have observed quite a few traders—
Take $FOLKS for example, there are people who clearly judged the direction correctly, but at a critical position, they got off early out of fear of a pullback. They missed out on the profits they should have taken, and when it was time to stop loss, they were reluctant to cut their losses, resulting in a small loss turning into a big loss. The problem is not with the market, but with the mind.
The trend of $BID actually illustrates a principle: those who can make money have a very steady operation rhythm.
Those who really make money do not rely on luck or insider information. Their strategy is very clear: trade with small positions during fluctuations, and when there is a significant drop, they accumulate in batches, waiting for the trend to actually pick up before daring to increase their positions. This is the way to survive in the long term.
But what about most people? They operate completely in the opposite way.
When $CHESS drops, I rush to buy the dip; when it rises, I feel it's too high and dare not chase. After being washed out, my mindset collapses, and instead, I go all in at a high position thinking about breaking even. After a round of fluctuations, my principal is directly halved.
The phrase "go with the flow" is something everyone can say, but few can truly embody it. Top traders share a few common traits: they can understand the structure, wait for the right opportunity, have the courage to stay on the sidelines, and know when to enter and when to exit. Most importantly, they can quickly admit their mistakes. The market will not change direction because of your obsession; it will go where it needs to go.
Don't always think about getting rich quickly. No matter how bad the market is, there are always people making money quietly; with a stable mindset, even in a poor environment, small money can slowly accumulate into big money.
So remember one thing: if you want to survive for a long time in this circle, you must first stabilize your mindset. Stability doesn't mean to stubbornly hold onto your positions, but rather to be decisive when it's time to act and to retreat faster than anyone else when necessary. Those who can laugh last are often not the most aggressive ones.
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AirdropHustler
· 9h ago
Hey, that's not wrong. Those people who shout about Cut Loss every day really can't get out of it and instead get trapped deeper.
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MysteriousZhang
· 9h ago
You are absolutely right, mindset can truly determine life and death. I lost money on $FOLKS a few days ago; I clearly saw the right direction but got anxious and got out of my position early, and I'm really angry at myself.
What scares me is that in this kind of market, half of the people are cursing the market makers for playing people for suckers, while the other half are still at the screen buying the dip and going all in. Neither group can make money.
Right now, I’m practicing stability, trading small positions back and forth during fluctuations, and I’ll wait until the trend is truly established. Compared to those who want to get rich overnight, I prefer to accumulate slowly.
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BuyTheTop
· 9h ago
It hits hard when you say that, and I particularly agree with the phrase "The problem isn't in the market data, it's in the mind." However, I have made that mistake myself; I did get washed out during that wave of $FOLKS, and I still have lingering fears.
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SchrodingerProfit
· 9h ago
It's so heart-wrenching to say, I'm the kind of person who curses the market maker when it falls and regrets not chasing when it rises, haha.
In the Crypto Assets market #数字货币市场回调 , Technical Analysis is certainly important, but more people are actually defeated by themselves.
When the market is falling, you can see a person's true character. The market is in the red, and some people start to curse market manipulation, angrily accusing the big players of cutting leeks. They say they want to exit the market, but their eyes are glued to the screen. As soon as the price rises slightly, they panic, and when it falls back, they start to regret. Decisions made in this state are usually wrong.
I have observed quite a few traders—
Take $FOLKS for example, there are people who clearly judged the direction correctly, but at a critical position, they got off early out of fear of a pullback. They missed out on the profits they should have taken, and when it was time to stop loss, they were reluctant to cut their losses, resulting in a small loss turning into a big loss. The problem is not with the market, but with the mind.
The trend of $BID actually illustrates a principle: those who can make money have a very steady operation rhythm.
Those who really make money do not rely on luck or insider information. Their strategy is very clear: trade with small positions during fluctuations, and when there is a significant drop, they accumulate in batches, waiting for the trend to actually pick up before daring to increase their positions. This is the way to survive in the long term.
But what about most people? They operate completely in the opposite way.
When $CHESS drops, I rush to buy the dip; when it rises, I feel it's too high and dare not chase. After being washed out, my mindset collapses, and instead, I go all in at a high position thinking about breaking even. After a round of fluctuations, my principal is directly halved.
The phrase "go with the flow" is something everyone can say, but few can truly embody it. Top traders share a few common traits: they can understand the structure, wait for the right opportunity, have the courage to stay on the sidelines, and know when to enter and when to exit. Most importantly, they can quickly admit their mistakes. The market will not change direction because of your obsession; it will go where it needs to go.
Don't always think about getting rich quickly. No matter how bad the market is, there are always people making money quietly; with a stable mindset, even in a poor environment, small money can slowly accumulate into big money.
So remember one thing: if you want to survive for a long time in this circle, you must first stabilize your mindset. Stability doesn't mean to stubbornly hold onto your positions, but rather to be decisive when it's time to act and to retreat faster than anyone else when necessary. Those who can laugh last are often not the most aggressive ones.