Ten years of navigating the crypto world, from four-figure players to eight-figure ones. But to be honest, the biggest takeaway on this journey isn't how much I've made, but learning one thing—how to manage my emotions.
I still remember the LUNA crash period, when a bunch of veteran investors were all caught in a deadlock. That day at the dinner table, a senior's words stuck with me: "The crypto world is like this; as long as you can control yourself, you'll eventually turn things around." Only after experiencing more did I truly understand the weight of those words. The enemy in the market, ultimately, isn't the market itself, but human nature.
In a bull market, everyone acts like a prophet; as soon as the K-line turns, they all become escapees. Most people lose money not because of poor trading strategies, but because greed and fear control them. The reason I’ve gone from a novice to where I am now is thanks to a proven trading framework—simple but effective:
**Enter the market steadily.** Don’t rush in just because prices are rising; when the market is cold, that’s the real opportunity. Start with small positions to get a feel—much more reliable than going all-in at once.
**Hold through sideways movement.** Staying long at low levels often means accumulating strength; staying long at high levels usually leads to a drop. Buying at lows and selling at highs is the most basic way to operate.
**Sell when prices peak, watch carefully when they plunge.** Chasing after a high only makes you the bag-holder; a sharp decline might hide opportunities—if you understand the structure and find support, not blindly.
**Buy on red candles, sell on green candles.** This is the hardest part because instinct often opposes it. Feeling anxious when seeing green, greedy when seeing red.
**Buy in the morning dip, sell during midday rally.** Not always perfect, but this rhythm has saved me countless times in medium- and short-term trading.
Later, I realized that true experts aren’t those who trade frequently, but those who act decisively when it’s time to move and stay put when it’s time to pause. Reading K-lines and volume, judging direction from a single candle—these are skills built over years of experience.
What’s the worst-case scenario? Not daring to buy when the market is rising, not daring to buy the dip when it falls, reluctant to sell after profits, and stubbornly holding onto losses. Without overcoming these mental demons, no matter how much you earn, you won’t be able to keep it.
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.
18 Likes
Reward
18
6
Repost
Share
Comment
0/400
tokenomics_truther
· 01-12 13:52
You're not wrong. I'm the kind of person who falls at the hurdle of inner demons.
The core is that people who can make money are actually all the same—just with strong mental resilience.
This framework sounds simple, but in practice, it's hellishly difficult.
Things I only understood after ten years, I thought I could master in two years, and I'm still paying tuition now.
But your point about "staying still when it's time to stop" really woke me up. My biggest flaw is that I can't resist the urge.
View OriginalReply0
ImpermanentPhobia
· 01-12 13:48
To be honest, I still haven't learned how to control my emotions. I always regret only after losing money.
That's right, during the LUNA period, people's true nature was fully exposed. Some are still drinking and cursing about it.
That framework sounds simple, but in practice, it becomes a nightmare, especially buying on bearish candles and selling on bullish candles. I always operate in the opposite direction.
It's a good point, but the problem is how many people can really do "stay still when it's time to stop," which is a joke, right?
From four digits to eight digits, just managing emotions alone? I believe there are other tricks you haven't revealed.
It's easier said than done; every time I repeat those inner demons, like a vicious cycle.
The last sentence hits home: making money and not wanting to sell, losing money and refusing to cut, isn't that what most people do?
Sideways accumulation at low levels and then plunging at high levels—experienced advice, but who the hell can judge it stably?
I feel like it takes a few big losses to truly understand. Just listening to veterans' ramblings is useless.
This ten-year summary is good, but I always feel something's missing, maybe that sense of resolve.
View OriginalReply0
UncleLiquidation
· 01-12 13:44
That's really ridiculous. Ten years later, you're still talking about emotional management. I just want to ask, how many of those eight figures are real money versus just on paper?
I was also involved in that LUNA wave, but I chose to walk away completely. You guys love to boost each other's confidence at the dinner table, but then you still end up taking the loss.
The so-called trading framework sounds impressive, but when the market changes suddenly, all frameworks are just decorations. It's the same old story—when luck is on your side, everyone looks like a master.
View OriginalReply0
CommunityJanitor
· 01-12 13:39
That's right, the most valuable thing in these ten years is the two words "mindset." I truly understood it during the LUNA phase.
It's really satisfying to go all-in and enjoy the thrill, but later I got even more broke, haha.
The difference between experts and rookies lies in that moment of resolve. I'm still practicing that now.
Buying on downtrends and selling on uptrends is really genius; it's just too counterintuitive. I still often get my face slapped.
The key is to endure; once you feel it, that's when you make a profit.
Those who don't cut losses will ultimately only cut themselves.
View OriginalReply0
SnapshotDayLaborer
· 01-12 13:30
Basically, it's about mindset. I've also gone through that period of despair, but now I'm not in such a rush anymore.
That wave of LUNA was truly incredible. I almost couldn't handle it at the time. Now that I see it clearly, it actually presents an opportunity.
This framework sounds simple, but in practice, you realize how difficult it really is, especially the mental aspect.
The phrase "Make more but can't hold it" hits hard. I've seen many friends die at the last step.
Not daring to enter, not daring to buy the dip, reluctant to sell, and refusing to cut losses—it's a complete replay of my two years ago, quite embarrassing.
I've only recently realized the importance of steady entry; before that, I was just a fool chasing high.
That line about greed when seeing red, I feel like I'm looking in a mirror.
The feeling of making it through is truly different. This saying carries some weight.
View OriginalReply0
DegenDreamer
· 01-12 13:26
Honestly, I was also in on the LUNA wave. Looking at those who are still trapped now, it's quite heartbreaking. But this guy is right, it really is a game of mindset.
This framework sounds simple, but how many people have fallen flat trying to implement it? My biggest fear is that I judge the right direction, but end up being shaken out, then watch it rise helplessly—that feeling is unbeatable.
Consolidation is the hardest to endure, not nonsense. I understand the strategy of accumulating at low levels, but when it comes to critical moments, I still panic. It feels like every time I get cut at the floor price.
Buying on a downtrend and selling on an uptrend is really easier said than done. Seeing -20% makes me want to buy the dip, but it continues to drop -50%. Seeing +30% makes me want to run, but it keeps soaring. The most profitable things are always counterintuitive.
Are eight figures serious? How many bull and bear markets does it take to refine this approach? I'm still in the small position trial-and-error stage.
That last sentence really hit home. Many people are like that—won't hold onto their gains, and won't admit defeat when they lose. In the end, it's a mess.
Ten years of navigating the crypto world, from four-figure players to eight-figure ones. But to be honest, the biggest takeaway on this journey isn't how much I've made, but learning one thing—how to manage my emotions.
I still remember the LUNA crash period, when a bunch of veteran investors were all caught in a deadlock. That day at the dinner table, a senior's words stuck with me: "The crypto world is like this; as long as you can control yourself, you'll eventually turn things around." Only after experiencing more did I truly understand the weight of those words. The enemy in the market, ultimately, isn't the market itself, but human nature.
In a bull market, everyone acts like a prophet; as soon as the K-line turns, they all become escapees. Most people lose money not because of poor trading strategies, but because greed and fear control them. The reason I’ve gone from a novice to where I am now is thanks to a proven trading framework—simple but effective:
**Enter the market steadily.** Don’t rush in just because prices are rising; when the market is cold, that’s the real opportunity. Start with small positions to get a feel—much more reliable than going all-in at once.
**Hold through sideways movement.** Staying long at low levels often means accumulating strength; staying long at high levels usually leads to a drop. Buying at lows and selling at highs is the most basic way to operate.
**Sell when prices peak, watch carefully when they plunge.** Chasing after a high only makes you the bag-holder; a sharp decline might hide opportunities—if you understand the structure and find support, not blindly.
**Buy on red candles, sell on green candles.** This is the hardest part because instinct often opposes it. Feeling anxious when seeing green, greedy when seeing red.
**Buy in the morning dip, sell during midday rally.** Not always perfect, but this rhythm has saved me countless times in medium- and short-term trading.
Later, I realized that true experts aren’t those who trade frequently, but those who act decisively when it’s time to move and stay put when it’s time to pause. Reading K-lines and volume, judging direction from a single candle—these are skills built over years of experience.
What’s the worst-case scenario? Not daring to buy when the market is rising, not daring to buy the dip when it falls, reluctant to sell after profits, and stubbornly holding onto losses. Without overcoming these mental demons, no matter how much you earn, you won’t be able to keep it.