Wanting to achieve wealth growth through trading, relying on brute force won't work. Over the years, I've interacted with many crypto investors, and the pitfalls they've encountered can be summarized into just a few categories. Sharing some practical experience—whether you can apply it depends on your personal execution ability.
**Core Points During the Capital Accumulation Stage**
When initial funds are limited, greed is a big taboo. It's already good to catch a decent market wave in a day; don't expect to make profits 24/7. The market doesn't have that many opportunities waiting for you.
After positive news is released, stay alert. If there's no rally that day and instead there's a gap up followed by a plunge the next day—that's a typical sign to exit. Many market tops are indeed hidden behind "good news."
Be especially cautious around major event cycles and holidays. Uncertainty is high, and emotional swings are large. Reducing positions or even going completely cash is a wiser choice.
**Differences Between Mid-term and Short-term Strategies**
Don't force through mid-term trades; keep flexible funds ready to respond to unexpected situations. Short-term trading emphasizes the word "fast"—enter and exit decisively, cut losses immediately if the trend reverses, and don't let greed tie your hands.
When the direction is judged incorrectly, stop-loss must be swift. Stop-loss isn't failure; it's protecting your principal and waiting for the next opportunity. For short-term trading, focus on the 15-minute chart; indicators are just references. Rhythm control and trading discipline are the keys to success.
**Mindset and Execution**
Crypto markets are highly volatile; if your mindset is disturbed, your operations will distort. Only those who can stay calm amidst the turbulence have the confidence to pursue bigger profit goals. The market never lacks opportunities; what it lacks are people who can turn opportunities into real gains.
If the approach is right and every step is solidly taken, the goal of 1 million isn't that far away.
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OnchainGossiper
· 01-10 10:27
Sounds good, everyone understands the importance of stop-loss, but when your hand trembles, you end up holding the position again.
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AltcoinHunter
· 01-09 05:24
Another bunch of stop-loss theories, they sound good but when it comes to the moment of cutting losses, isn't the mindset collapsing? I actually want to ask, if you control the 15-minute level so precisely, how do you plan to handle losing half of your profits to transaction fees...
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MetaMaximalist
· 01-08 11:53
ngl the whole "good news = dump next day" observation is just recognizing basic market structure that most retail completely misses... adoption curves don't care about your sentiment analysis
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DegenGambler
· 01-08 11:52
Really, you're right about stop-loss... but I just have a bad habit of impulsively closing losing positions with a flick of my finger, and then watching them rebound...
There have been too many cases of catching the wrong side; those official announcements before a dump are basically signals of a top confirmation...
Speaking of execution, it's truly the hardest part; knowing and doing are worlds apart...
Haha, I only got caught once by a sudden plunge after good news, and I really learned to be smarter after that...
It's very honest, but 99% of people will still repeat these mistakes, including my past self...
This article hits close to home, especially that line "what's missing is the ability to convert," so true...
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GasWhisperer
· 01-08 11:49
ngl, the mempool never lies but these execution timings do... watching 15min candles is just reading network congestion patterns in disguise, most traders miss that layer entirely
Wanting to achieve wealth growth through trading, relying on brute force won't work. Over the years, I've interacted with many crypto investors, and the pitfalls they've encountered can be summarized into just a few categories. Sharing some practical experience—whether you can apply it depends on your personal execution ability.
**Core Points During the Capital Accumulation Stage**
When initial funds are limited, greed is a big taboo. It's already good to catch a decent market wave in a day; don't expect to make profits 24/7. The market doesn't have that many opportunities waiting for you.
After positive news is released, stay alert. If there's no rally that day and instead there's a gap up followed by a plunge the next day—that's a typical sign to exit. Many market tops are indeed hidden behind "good news."
Be especially cautious around major event cycles and holidays. Uncertainty is high, and emotional swings are large. Reducing positions or even going completely cash is a wiser choice.
**Differences Between Mid-term and Short-term Strategies**
Don't force through mid-term trades; keep flexible funds ready to respond to unexpected situations. Short-term trading emphasizes the word "fast"—enter and exit decisively, cut losses immediately if the trend reverses, and don't let greed tie your hands.
When the direction is judged incorrectly, stop-loss must be swift. Stop-loss isn't failure; it's protecting your principal and waiting for the next opportunity. For short-term trading, focus on the 15-minute chart; indicators are just references. Rhythm control and trading discipline are the keys to success.
**Mindset and Execution**
Crypto markets are highly volatile; if your mindset is disturbed, your operations will distort. Only those who can stay calm amidst the turbulence have the confidence to pursue bigger profit goals. The market never lacks opportunities; what it lacks are people who can turn opportunities into real gains.
If the approach is right and every step is solidly taken, the goal of 1 million isn't that far away.