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Once you reach the later stages of the crypto world, you'll realize the most ironic thing: many people don't lose because of wrong judgments, but because they choose the wrong direction in the first place.
The most common rookie mistake is this: thinking that the more you learn, the less you lose.
Scrolling through market data daily, following KOLs, studying various trading strategies—EMA, RSI, MACD, funding rates, sentiment indicators. The more complex the system, the emptier your wallet becomes. You think you're advancing, but you're just disguising your impulsiveness with complexity.
Today, all in on AI narratives, tomorrow jumping on MEME hype, the day after hearing some "inside info," switching between five different coins and three different systems in a week. Claiming to optimize strategies to achieve perfection, but in reality, just unwilling to admit that the last trade was a mistake. So you keep switching targets and tactics, diluting your failures, making it seem less painful—that's the typical trap of being harvested.
It took me years in the crypto space to realize a key point: 90% of retail investors lose money not because they are wrong about the direction, but because they have too many options. Too many temptations, too many opportunities, so they can't focus.
Later, I simplified my trading system to the extreme, leaving only one logic:
Single coin + Long-only + Swing cycles
It sounds incredibly stupid, but the results are surprisingly stable.
How to implement?
First: Only trade one coin (Bitcoin or Ethereum, choose one). No hot picks, no chasing new narratives, no acting as an emotional ATM. If you lack an informational advantage, the only thing you can do is focus. Watch one coin for three months, and you'll understand its temperament better than 99% of people.
Second: Follow the trend (buy on uptrends, short on downtrends). No bottom-fishing, no guessing tops, no betting on reversals. The market is the boss; you're just a worker. When there's activity, act; when there's none, wait. You don't need to understand the trend; just follow it.
Third: Layered position management. Use small positions as entry tickets, add to positions after confirmation, take profits when the trend extends, and exit immediately if wrong. Success or failure isn't about win rate but about the overall structure design.
Here's a real example: a beginner entered in June last year with only $6,000 USD. No inside info, no heavy holdings, no fancy operations—just did these three things: follow the trend, wait for the right moment, and strictly stick to discipline.
In less than a month, $6,000 turned into $21,000.
This isn't a miracle; it's compound interest driven by discipline.
Why can't most people learn this method? Because it's too boring. Waiting in cash, accepting mistakes, giving up the fantasy of overnight riches—these are uncomfortable. But