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I used to be like that too.
When the coins I bought went up 20%, I would start to feel restless. Always worried that I was holding a hot potato in my pocket, afraid that my profits would evaporate with a turn of my body. In the end, I couldn't hold back—quickly closing the position and taking the profit.
And then? A few days after selling, the market doubled. That feeling... really only leaves you with a broken thigh.
This isn't the market targeting you; frankly, it's human nature acting up.
**Why Can't You Hold On**
Fear is the deadliest. Making some profit makes you even more afraid of losing, worried about a pullback. Some people watch the charts every day; a 1% dip makes them doubt their judgment, a 2% rise makes them fear missing out on higher levels. The most heartbreaking thing is that when the main players shake the market slightly, many people panic and sell, missing the real trend.
It looks like rational decision-making, but in reality, it's all emotional hijacking.
**Opportunities Are "Endured"**
The market never moves in a straight line. Before every upward wave, there's almost always intense volatility and pullbacks—these aren't risk signals; rather, they're a screening process, testing "who can survive till the end."
Bitcoin often retraces 10% to 20% before breaking through previous highs. Strong altcoins may spike 30% in a flash during shakeouts, but then recover their ground.
Those who truly make big money? Not by perfectly bottom-fishing, but by holding onto their positions tightly through these fluctuations. Their patience is their chips.
**Three Practical Tips**
Tip 1: Take profits on the principal first, use profits to chase the trend. When you gain 30%, withdraw the principal first, and let the remaining profits run. When your mindset is stable, your decisions become much clearer.
Tip 2: Watch less the charts, more the weekly timeframe. Daily fluctuations are noise; the real trend is seen on the weekly chart. Frequent chart watching only amplifies anxiety, leading to self-fear.
Tip 3: Set a trailing stop-loss and refuse emotional stops. Decide your stop-loss level before entering, e.g., -15%, and don't change it casually after entering. As the price rises, gradually move up your stop-loss line. This way, you protect profits and stay aligned with the trend.
**The Most Ironic Truth**
What is the most ironic thing about the crypto market? Smart people always try to buy low and sell high, precise to two decimal places, but end up getting shaken out. Those who seem "dumber," holding onto the trend stubbornly, end up capturing the full segment of the profit.
If you're tired of the cycle of "selling and flying, buying and falling," why not start changing your mindset today? Less trading, more waiting, replacing guesses with rules.
Market opportunities are never scarce; what’s scarce are those who can withstand volatility and survive until the trend pays off.