From Financial Crisis to Trading Discipline: Three Principles That Help Me Survive and Thrive in Crypto

I am not writing this to boast about my results, nor to mythologize crypto. This is a story about Discipline, Emotional Control, and Risk Management – the things that helped me survive long enough to have a chance to improve my life after years of struggle. I used to be a salaried worker, struggling with debt, making impulsive decisions, and paying a high price. Many people only look at my current achievements and assume I “got lucky.” The truth is, I went through periods of confusion, anxiety, and a series of mistakes. What changed my trajectory was not a stroke of luck, but a set of simple principles that many people find hard to believe. Three Core Principles to Avoid Being Eliminated

  1. Psychological Control Is More Important Than Timing the Top and Bottom The market can rise very strongly, but the exit point determines how much you keep. I have often “waited a little longer,” only to see a correction wipe out profits, even capital. 👉 Lesson: Enter trades with a plan, and also exit with a plan. No negotiations with discipline.
  2. Look at the Big Picture, Don’t Be a Countertrend Hero Bitcoin is the market’s compass, Ethereum is the rhythm. Altcoins are just small waves. When the overall trend is unclear, staying out is a reasonable decision. If you don’t understand, don’t trade. Missing an opportunity is better than paying tuition.
  3. Capital Management with Steel Discipline Use only a small portion of total capital for each trade. When there’s profit, increase it in a controlled manner; if there’s a loss, cut immediately according to the plan. This rule has helped me avoid big falls and maintain the “right to play” long-term. Notable Time Markers During the Day Around midnight: Quick fluctuations can occur, and reasonable pending orders sometimes provide an advantage. Early morning: Suggests short-term trends for the day. Late afternoon – US market open: High volatility, both an opportunity and a time to strictly follow exit discipline. Note: There is no “holy” time frame. Time is just context; the decision still depends on the plan and discipline. A Memorable Trade and the Lesson Learned During a weak market phase, I chose an infrastructure project with little attention, entered a small position, and held long enough according to my initial thesis. When the trend confirmed, the results exceeded expectations. What I learned is not “a secret coin pick,” but that: money doesn’t come from rumors, but from vision and patience. Why Do Some People Move Forward While Others Get Stuck? The first person trades based on emotions, constantly changing plans. The second has a clear strategy, steady rhythm, and adheres to discipline. The difference is not in being smarter or faster, but in how decisions are made when the market doesn’t favor you. Conclusion Crypto is not a shortcut. It’s a test of resilience, psychology, and discipline. If you want to survive and progress, start with the basics: Don’t chase after gains before the point is clear. Don’t panic when the market shakes. Don’t enter a trade without a plan. Maintaining these three things, you may not get rich quickly, but you will still have the opportunity to continue.
BTC0.11%
ETH-0.31%
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)