The longer you stay in the crypto world, the sooner you'll face this harsh reality—most people lose money, not because they never made a profit, but because they can't hold onto it. Technical skills can be self-taught, market conditions can be waited out, but once your mindset blows up, no matter how much profit you have, you'll end up losing it all.
I've seen too many stories like this. A friend made a steady 30% profit in a month, and I advised him to take it slow, but he felt he had "got it." He then went all-in on chasing gains and stubbornly held against the trend. When a correction hit, his account was wiped out to its original state.
Why is "profit then collapse" so common? Ultimately, it's falling into the trap of human nature—
Greed when making money: 5% isn't enough, I want 10%; after eating the fish body, I still want to nibble on the fish head, and in the end, all profits are returned to the market.
Self-deception during being trapped: When caught, fantasize about "waiting for a rebound," but small losses turn into big losses.
Impulsiveness when emotional: Clearly should be out of the market and observing, but the itch to act is too strong, discipline and rules are thrown out the window.
The traders who can truly survive rely not on myths of huge profits, but on three "counter-intuitive" skills—
First, take profits when you make them: eat the fish body and then leave, don’t obsess over that last bite.
Second, stay out if you don’t understand: if you can't grasp the market, resolutely stay on the sidelines; patience and waiting are more professional than reckless gambling.
Third, leave the market when your mindset is bad: after several losses or when feeling upset, force yourself to step away from the screen.
Where is the biggest gap in the crypto world? It’s not in trading skills, but in "mindset." Experts make mistakes, but they cut losses in time; novices always want to win, and once they win, they want more.
After pondering repeatedly, I finally understand this: market opportunities are endless, but your capital is only one set. Controlling the pace is far more important than chasing the next hot trend.
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DaoResearcher
· 2025-12-31 15:49
From the perspective of governance incentives, this is essentially the principal-agent problem of token holders not being properly addressed. The core of a panic sell is improper risk parameter settings. If traders could establish a clear governance framework like a DAO... unfortunately, humans are not smart contracts and cannot enforce take-profit rules.
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ReverseFOMOguy
· 2025-12-31 15:44
Honestly, I have too many friends like this around me—once they make money, they get carried away.
It's actually greed; 5% isn't enough to satisfy.
Stepping back and staying calm when exiting is more important than anything else, or you'll just give it all away for nothing.
Taking profits sounds simple, but few can actually do it.
When your mindset collapses, you can't even recognize when you're losing money—I’ve seen cases like that.
Waiting in a flat position is the hardest, but that's exactly the dividing line between experts and rookies.
It's not a technical problem; it's just that your hands are too itchy.
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quietly_staking
· 2025-12-31 15:41
That hits too close to home. I think I'm destined to succeed after earning 30%, only to regret it when the system crashes.
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ETH_Maxi_Taxi
· 2025-12-31 15:29
That's right, it's just dying from greed, I've seen too many of these 🤡.
The longer you stay in the crypto world, the sooner you'll face this harsh reality—most people lose money, not because they never made a profit, but because they can't hold onto it. Technical skills can be self-taught, market conditions can be waited out, but once your mindset blows up, no matter how much profit you have, you'll end up losing it all.
I've seen too many stories like this. A friend made a steady 30% profit in a month, and I advised him to take it slow, but he felt he had "got it." He then went all-in on chasing gains and stubbornly held against the trend. When a correction hit, his account was wiped out to its original state.
Why is "profit then collapse" so common? Ultimately, it's falling into the trap of human nature—
Greed when making money: 5% isn't enough, I want 10%; after eating the fish body, I still want to nibble on the fish head, and in the end, all profits are returned to the market.
Self-deception during being trapped: When caught, fantasize about "waiting for a rebound," but small losses turn into big losses.
Impulsiveness when emotional: Clearly should be out of the market and observing, but the itch to act is too strong, discipline and rules are thrown out the window.
The traders who can truly survive rely not on myths of huge profits, but on three "counter-intuitive" skills—
First, take profits when you make them: eat the fish body and then leave, don’t obsess over that last bite.
Second, stay out if you don’t understand: if you can't grasp the market, resolutely stay on the sidelines; patience and waiting are more professional than reckless gambling.
Third, leave the market when your mindset is bad: after several losses or when feeling upset, force yourself to step away from the screen.
Where is the biggest gap in the crypto world? It’s not in trading skills, but in "mindset." Experts make mistakes, but they cut losses in time; novices always want to win, and once they win, they want more.
After pondering repeatedly, I finally understand this: market opportunities are endless, but your capital is only one set. Controlling the pace is far more important than chasing the next hot trend.