From FOMO to Discipline: The Path to Survival and Long-term Earnings in Crypto

Seven years ago, I was just like most newbies now. Watching the top coins rise from a few thousand to tens of thousands, the FOMO emotion exploded, my brain heated up, my hands trembled… and I went all-in without thinking. The result? In just one week, the account evaporated by 50%, staying up all night looking at the charts, my heart racing faster than when I took the university entrance exam. Looking back now, I understand: it was almost like the “Newbie's Trial” that most people entering the crypto market have to go through. Today, I won't talk about theories or draw quick wealth dreams. As someone who has experienced 4 bull-bear cycles, witnessing both the magnates who made it big and the traders who lost everything, I share the real money-making logic and the deadly traps that newbies must avoid. All of it is experience bought with real money. The Painful Truth But Must Accept: Sustainable Earners Are Not Those Who Trade Often A very “contradictory” truth in crypto: 👉 The person who earns stable money is not the hardest trader, but the one: Know how to control emotions Know how to manage positions Know how to stand aside when the market is unclear I have seen too many people turn trading into an emotional roller coaster: A 1% profit has excited me, rushing to increase the volume. A 2% loss has panicked me, cutting orders off plan. All day glued to the chart, in the end, the money didn't increase but my spirit is exhausted. Meanwhile, the core logic to survive long in crypto actually revolves around 3 principles: Position management – Know how to rotate capital – Limit excess trading 3 Deadly Traps That Almost Every Newbie Falls Into

1. Let Emotions Guide Decisions Newbies often look at charts like looking at a lover: The price movement is the heartbeat Red candle is fear Green candle is greed I used to be like that. Until I realized: 👉 The more you look, the more mistakes you make. Now, I: Don't look at the chart continuously. Only reassess after the candle closes each day. Turn off all price notifications. A very practical piece of advice for anyone who knows they are prone to FOMO: 👉 Set a limit order – then step away from the screen. This method is many times more effective than “waiting for a hand”.
2. Leverage Illusion is a Shortcut to Wealth Many people think: “With a small capital, leverage must be used to get rich quickly.” In fact, I see: Leverage does not exaggerate profits, it exaggerates mistakes. My personal principle: Top coin, high liquidity: maximum 5xSmall altcoin: absolutely do not use leverage If you can't make consistent money with spot, then futures will only make you burn out faster, not smarter.
3. Trading by the Crowd, Without Personal Opinions Crypto is the perfect environment for the saying in “The Psychology of Crowds” to take effect: When in a crowd, human intelligence drops to its lowest level. I used to: There is a clear plan to cut losses. But because I listened to friends and the chat group advising to “hold on”, the result: a small loss turned into a big loss. 👉 Trading is an absolute personal matter. It can be referenced, but: Entry PointExit PointRisk Tolerance Only you are responsible. 3 Practical Trading Strategies to Avoid 80% of Mistakes
4. Strategy “Base Position + Rotation” This is the strategy I use most frequently. How to do it: 60% capital: hold for long-term position, do not touch 40% capital: use to buy at support - sell at resistance Benefits: Still enjoying the overall trend Earn additional profits from short-term fluctuations Gradually reduce the cost price over time ⚠️ Important note: Only trade when the trend is clear, don't try to “surf” in a choppy market.
5. Trading with Limit Orders – The Nemesis of FOMO I don't use market orders. All transactions are: Determine the buy point in advanceDetermine the sell point in advanceSet a stop loss – take profit in advance Advantages: Not influenced by emotions Better entry price No need to watch the chart all day 👉 If you tend to place impulsive orders, limit orders will save you a lot of money.
6. Use Short-Term Orders to Hedge Profits When holding a profitable position: Encounter resistance area The market fluctuates I often: Open a short position against ( with a small volume ) Close that position at support Still hold the main position Effect: Reduce psychological pressure when the market adjusts Earn additional profits Do not break long-term plans ⚠️ Principle: the sub-order must never be larger than the main order. Conclusion: Making Money in Crypto is a Long-Distance Run Crypto is full of opportunities. The most lacking thing is a person who has enough discipline to survive long term. If you remember these 3 things, you are better than 80% of newbies: Don't trade based on emotions. Don't use leverage if you're not skilled enough. Don't try to make money every day. 👉 The market is always there. Your capital and spirit are not.