Cryptocurrency, in essence, is a battleground of human nature. Some people turn their lives around with a wave of market movement, while others lose everything in a moment of impulsiveness. Whether you make a profit or a loss often depends not on technical skills, but on mindset.



I know an experienced trader who has been in the game for 5 years. He started with 50,000 yuan and now his assets are stable at the 20 million yuan level. I asked him what his secret was, and he only said one thing: The most valuable thing in the crypto world is not the ability to predict market trends, but the discipline to manage emotions.

This statement made me reevaluate my own trading. Indeed, market opportunities are never lacking; what’s lacking is the ability to stay clear-headed during rapid rises and to have the courage to act during sharp declines. The pitfalls I’ve stepped into and the profits I’ve made over the years all confirm one truth: the longer you survive, the more you can earn.

Today, I want to share these proven trading principles to help you avoid some deadly mistakes:

**Tip 1: Don’t Get Greedy When Opening Positions**

FOMO is the biggest killer in crypto. Seeing a big rally and rushing in is usually the start of chasing highs. Always test with small funds, and if something feels off, withdraw immediately. That’s how you survive until the next opportunity.

**Tip 2: Recognize Patterns During Consolidation**

Low-level sideways movement often indicates the main players are accumulating. This is a good time to boldly position yourself. But sideways movement at high levels is dangerous; it’s usually a false consolidation before distribution, so you must decisively walk away.

**Tip 3: Trade Against the Trend During Rises and Falls**

Take profits in stages during rapid surges—don’t be greedy for the last bit of gains. During sharp declines, build positions gradually—patience is key for bottom-fishing. During calm periods, stay patient and wait for a clear trend before acting.

**Tip 4: Trade Against Human Nature**

This is the hardest to execute. When others are celebrating, stay calm and sell; when others are panicking, be decisive and buy. Are you willing to buy during a sharp dip? Are you willing to sell during a rapid surge? These decisions determine whether you end up making money or losing it.

**Tip 5: Maintain Risk Control and Protect Your Bottom Line**

Never go all-in; buy and sell in stages. Be ruthless with stop-losses and take-profits. Keep enough bullets to handle market surprises. This is a principle that even the longest-standing survivors understand.

These five tips are not based on fancy technical indicators but are simple logic distilled from failures and successes. Each has led to big wins and also to devastating losses.

There are many opportunities to make money in crypto, but few can keep their cool and control their impulses. That’s why most people end up as mere spectators. The real difference isn’t about catching the right trend once, but about maintaining a clear mind amid long-term volatility.

Stick to these principles, and you’ll be able to stand firm in this battleground. I hope these experiences help you.
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
  • 3
  • Repost
  • Share
Comment
0/400
hodl_therapistvip
· 01-05 06:48
You're right, controlling your hands is the real skill --- 50,000 to 20 million, that's really intense. But I want to know, has he never lost money in these 5 years? --- FOMO is really incredible. Every time I see the soaring K-line, I want to go all in, and then there's nothing afterward --- Anti-human nature is the deadliest. When others hit the limit down, do you still dare to buy the dip? Can't do it --- Risk control and maintaining the bottom line are worth a hundred technical indicators, but most people still can't learn it --- Living long and earning more, that's obvious. The problem is, too many people want to quit after just three months of persistence --- Identifying the pattern in sideways trading is a bit like mysticism. Can low-level accumulation really be seen with the naked eye? --- Stop-loss and take-profit must be ruthless, but the key is you can't bear to cut your losses. I always bet on a rebound each time --- It's really just one sentence: don't be greedy, don't be afraid. But talking is a thousand times easier than doing --- 20 million level, I believe. But has he also experienced a 98% decline in these 5 years? When he shares his experience, he's viewing it from a profit-making perspective --- Really, the hardest part in the crypto world isn't technical analysis, but battling your own desires
View OriginalReply0
BottomMisservip
· 01-05 06:38
This guy talks a bit of sense, but it's easy to say and hard to do. I am a living example myself, knowing that you need to operate against human nature, but when the market drops sharply, my hands still tremble, and in the end, I bought in halfway up the mountain. Managing emotions is a thousand times harder than learning K-line analysis.
View OriginalReply0
LiquidatorFlashvip
· 01-05 06:37
50,000 to 20 million? The leverage multiples are a bit outrageous... --- That's right, but most people can't even follow the fifth rule; full position is the norm. --- That FOMO part really hit home; I was liquidated once because of it. --- Risk control mechanisms are the way to survive; everything else is just empty talk. --- Counter-trend trading sounds easy, but when a sharp decline happens, your fingers just won't obey. --- A 40x return over 5 years, assuming no high leverage is used, is indeed stable... but the probability is a bit low. --- I've never understood the part about sideways trading; what exactly are the standards for defining high and low positions? --- The last sentence is correct; surviving is a hundred times more important than making money. --- Liquidation risk is the real hidden killer; this article didn't mention it. --- Managing emotions? My problem is managing the despair after a margin call.
View OriginalReply0
  • 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)