In the trading of encryption assets, the same human stories are always repeated.
A while ago, a friend called me in the middle of the night, and his voice sounded a bit shaky—"I only have a third of my principal left, should I cut my losses now?" I asked him how exactly he operated, and he told me he saw a certain popular cryptocurrency surge by 50% in a single day, so he went all-in, and the next day it halved in value. Now he's sleepless all night.
I have heard similar stories about a hundred times in recent years. No exaggeration. The encryption market has never created wealth; it is merely a massive wealth transfer machine - transferring coins from the hands of the impatient to the pockets of the patient, moving funds from blind followers to the accounts of rational traders.
I want to clearly explain the "clumsy methods" that I've summarized from three years of navigating the market. There are no profound technical indicators, no complex quantitative strategies, just three unbreakable bottom lines combined with a few simple principles. With this approach, I have guided over ten trading novices from complete ignorance to stable profits, and even the worst performer did not lose their capital.
**First, engrave these three life-saving rules in your mind**
These are all earned with the blood and tears of real accounts. More effective than any market watching software.
**Article 1: Don't be a follower of the herd, be a rational hunter**
Last week, a follower excitedly said he followed a certain influencer to invest in a hot cryptocurrency, the reason being "the community's enthusiasm is off the charts." I asked him in return: "Which batch were you in to know about this information?"
He didn't say a word.
There is an ironclad rule in market operations: when news explodes, the big funds have already reacted. The good news you see on Weibo, Discord, and Telegram? There's a high probability that the smart money has already laid out its positions in advance. What has allowed me to survive these three years is reverse thinking: when people panic, I build my positions in increments, and when people are crazy, I exit in batches.
A true trader is like a hunter, always aiming at the prey before it even realizes the danger.
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Frontrunner
· 12-24 12:39
That's so true. I only realized this after being caught by this kind of "hype explosion" once. Now, seeing all the discussions about the same coin in Discord, I instinctively do the opposite, and it actually turned out to make some profit.
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PanicSeller
· 12-22 15:46
Wake up everyone, by the time you see the hot news, the market maker has already done a Rug Pull.
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OnChainDetective
· 12-22 15:46
nah the timing thing hits different... traced enough wallet clusters to know you're always buying someone's exit liquidity when hype peaks lmao
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WinterWarmthCat
· 12-22 15:44
The term "All in" makes my ears hurt; it's always the same story repeating... Really, just look at those friends who call in the middle of the night, and you know that there's no cure for this disease of greed.
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DaoTherapy
· 12-22 15:41
To be honest, the calls my frens made to me when they blew up their accounts were all the same, crying so pathetically.
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MidnightGenesis
· 12-22 15:34
On-chain data never lies, but people always deceive themselves. Just look at his fren's actions – at the moment the news explodes, the smart money has already run away, leaving only the dumb buyers there going all in. My observation is that a 50% rise appears on social media, that is already the fifth wave.
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GateUser-e19e9c10
· 12-22 15:25
It's the same trap again; human greed can never be changed. When they see a rise, they rush in, only to regret it when they lose big. It's a never-ending cycle.
In the trading of encryption assets, the same human stories are always repeated.
A while ago, a friend called me in the middle of the night, and his voice sounded a bit shaky—"I only have a third of my principal left, should I cut my losses now?" I asked him how exactly he operated, and he told me he saw a certain popular cryptocurrency surge by 50% in a single day, so he went all-in, and the next day it halved in value. Now he's sleepless all night.
I have heard similar stories about a hundred times in recent years. No exaggeration. The encryption market has never created wealth; it is merely a massive wealth transfer machine - transferring coins from the hands of the impatient to the pockets of the patient, moving funds from blind followers to the accounts of rational traders.
I want to clearly explain the "clumsy methods" that I've summarized from three years of navigating the market. There are no profound technical indicators, no complex quantitative strategies, just three unbreakable bottom lines combined with a few simple principles. With this approach, I have guided over ten trading novices from complete ignorance to stable profits, and even the worst performer did not lose their capital.
**First, engrave these three life-saving rules in your mind**
These are all earned with the blood and tears of real accounts. More effective than any market watching software.
**Article 1: Don't be a follower of the herd, be a rational hunter**
Last week, a follower excitedly said he followed a certain influencer to invest in a hot cryptocurrency, the reason being "the community's enthusiasm is off the charts." I asked him in return: "Which batch were you in to know about this information?"
He didn't say a word.
There is an ironclad rule in market operations: when news explodes, the big funds have already reacted. The good news you see on Weibo, Discord, and Telegram? There's a high probability that the smart money has already laid out its positions in advance. What has allowed me to survive these three years is reverse thinking: when people panic, I build my positions in increments, and when people are crazy, I exit in batches.
A true trader is like a hunter, always aiming at the prey before it even realizes the danger.