I ran into an old acquaintance not long ago. A few years ago, he entered the market with several hundred thousand, and now his account has surged to nearly tens of millions.
At that time, I was stuck in a quagmire, deeply in debt, and I was almost numb.
While chatting with him, he suddenly said something that hit me like a bucket of cold water: "Most people in this circle are led by their emotions; if you can stay steady, this market will be your ATM."
At that moment, I was completely stunned. Yes, I have been competing with the market all along, but I never thought to get myself sorted first.
The key is not to chase trends or seize rebounds, but to first calm your restless heart.
He explained to me a few methods he figured out himself, and as soon as I finished listening, I immediately started trying them out. You might think these sound a bit abstract, but to really get it right, you have to put in some effort.
**Rising fast, falling slow? Don't panic, someone is quietly accumulating.** At this time, the market often hasn't peaked yet. After slowly bottoming out, the rebound can surprise you. Stay calm and don't let the gradual decline scare you away.
**Falling sharply, rising slowly? Be careful, someone might be dumping goods.** Don't think this is a bottom-fishing opportunity; it could very likely be someone distributing at a high position, and if you rush in, you'll become a bag holder.
**High volume at a high position is not necessarily a bad thing.** Sometimes a surge in volume is a signal for the main force to continue pushing the market, but if the volume does not follow up later, withdraw quickly and don't wait to get stuck.
**Don't get too excited about low-volume increases.** Seeing some movement at the bottom and thinking it’s going to reverse? Hold on, there needs to be several days of volume support to confirm it’s not a false move. Don’t act impulsively, take a closer look.
**What is traded in this circle is never technology, but people's hearts.** Trading volume is a barometer of market sentiment. Learning to observe volume and read emotions is essential to position oneself correctly when a major market trend arises.
**The harshest one: Don't be attached, don't be greedy, and don't be afraid.** Greed makes you chase high prices and stand guard, while fear makes you cut losses and leave the market. These two are your biggest enemies. Only those who can stay in cash and wait for opportunities deserve the real market trends.
To put it simply, the biggest opponent in the crypto space is not the manipulators, not the market, but yourself.
If you can't control your hands and heart, it won't matter to you even if a bull market comes.
The ones who truly make money are always those who can control themselves.
I increasingly feel that the challenges in this circle are indeed great, but there are also real opportunities. As long as you can maintain your mindset, you will always be able to find your own wave of market.
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PumpDetector
· 4h ago
nah the "read the market psychology" angle hits different when you're actually watching whales accumulate on low volume dumps... most people just see red and panic sell into institutional hands, it's honestly predictable
Reply0
BrokenYield
· 4h ago
ngl this "emotional discipline" angle is just survivorship bias dressed up as wisdom, dude went from 100k to tens of millions but conveniently skips the leverage ratios and risk metrics that actually got him there... volume reading is fine but it's literally just trying to front-run smart money who already priced everything in.
Reply0
LightningPacketLoss
· 4h ago
Listening to this reminds me of my experience of chasing the price and getting trapped last year. Now reading these words really hits hard, they are not wrong at all.
View OriginalReply0
ForkMonger
· 4h ago
ngl this "emotional discipline" gospel is just survivor bias dressed up pretty... dude got lucky with timing and now preaches stoicism like he cracked the code. volume reading is fine but let's not pretend sentiment analysis beats actual protocol incentives and governance mechanics.
Reply0
GateUser-4745f9ce
· 4h ago
You're right, this is the ultimate secret to making money; controlling yourself is worth more than any skill.
I ran into an old acquaintance not long ago. A few years ago, he entered the market with several hundred thousand, and now his account has surged to nearly tens of millions.
At that time, I was stuck in a quagmire, deeply in debt, and I was almost numb.
While chatting with him, he suddenly said something that hit me like a bucket of cold water: "Most people in this circle are led by their emotions; if you can stay steady, this market will be your ATM."
At that moment, I was completely stunned. Yes, I have been competing with the market all along, but I never thought to get myself sorted first.
The key is not to chase trends or seize rebounds, but to first calm your restless heart.
He explained to me a few methods he figured out himself, and as soon as I finished listening, I immediately started trying them out. You might think these sound a bit abstract, but to really get it right, you have to put in some effort.
**Rising fast, falling slow? Don't panic, someone is quietly accumulating.**
At this time, the market often hasn't peaked yet. After slowly bottoming out, the rebound can surprise you. Stay calm and don't let the gradual decline scare you away.
**Falling sharply, rising slowly? Be careful, someone might be dumping goods.**
Don't think this is a bottom-fishing opportunity; it could very likely be someone distributing at a high position, and if you rush in, you'll become a bag holder.
**High volume at a high position is not necessarily a bad thing.**
Sometimes a surge in volume is a signal for the main force to continue pushing the market, but if the volume does not follow up later, withdraw quickly and don't wait to get stuck.
**Don't get too excited about low-volume increases.**
Seeing some movement at the bottom and thinking it’s going to reverse? Hold on, there needs to be several days of volume support to confirm it’s not a false move. Don’t act impulsively, take a closer look.
**What is traded in this circle is never technology, but people's hearts.**
Trading volume is a barometer of market sentiment. Learning to observe volume and read emotions is essential to position oneself correctly when a major market trend arises.
**The harshest one: Don't be attached, don't be greedy, and don't be afraid.**
Greed makes you chase high prices and stand guard, while fear makes you cut losses and leave the market. These two are your biggest enemies. Only those who can stay in cash and wait for opportunities deserve the real market trends.
To put it simply, the biggest opponent in the crypto space is not the manipulators, not the market, but yourself.
If you can't control your hands and heart, it won't matter to you even if a bull market comes.
The ones who truly make money are always those who can control themselves.
I increasingly feel that the challenges in this circle are indeed great, but there are also real opportunities. As long as you can maintain your mindset, you will always be able to find your own wave of market.