After observing the loss trajectories of many investors in the crypto space, they all seem to fall into the same trap.
Initially, confidence is sky-high, and they go all-in. When the market slightly rises, they start calculating double returns in their heads; when it dips a little, they begin to panic.
During a prolonged bear market, their mentality collapses. The more they watch the charts, the more afraid they become, and finally, they make a rash decision to sell. What’s the result? Just after selling, the price reverses and goes up again. They regret it so much they feel sick, and then they chase back in. Once they do, the market immediately turns downward again, forcing another cut.
After doing this seven or eight times, the price of ETH and mainstream coins might have only increased slightly, but your holdings are shrinking, and your principal is being drained through this cycle.
To put it plainly, it’s not the market’s fault; it’s your emotions controlling you. Led by fear and greed, you end up giving money to the market.
A core realization is this: not every candlestick warrants a reaction. Without a trading plan, frequent trading is just working for the market makers for free. You don’t need to do something with every fluctuation.
Those who truly make money are those who can stay disciplined and hold their hands steady. Market ups and downs are normal, but your mindset shouldn’t sway with them. Keep your eyes off the minute charts and only act when planned opportunities arise.
Ask yourself: Are you trading with emotion, or are you making money with rules? If you can withstand impulses and operate strictly according to your plan, you’ve already beaten most retail traders. This path is indeed difficult, but that light is always there. Whether you can reach it depends on whether you’re willing to first control that “restless hand.”
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LiquidationAlert
· 01-10 09:37
Once it drops, it rises; when it rises, people chase again. This cycle is really crazy.
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GateUser-75ee51e7
· 01-09 07:50
Sold too early and missed the gains, then chased in and got cut losses, this cycle is absolutely brutal—turning yourself into the dealer's ATM machine.
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UnluckyLemur
· 01-09 07:47
Buy high and sell low, sell low and buy high, I'm just the fool working for the big players.
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StablecoinAnxiety
· 01-09 07:37
That hits too close to home, getting cut at the floor and chasing at the peak—that's my 2024.
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fren_with_benefits
· 01-09 07:37
To be honest, after seeing so many people cut their losses with shaking hands, it's really always the same routine - going all-in, panic, cutting losses, chasing highs, cutting losses again... an infinite loop, right?
Is this just the fate of retail investors? I feel like I can't escape this curse either.
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GasGuzzler
· 01-09 07:35
That's just me, every time I tell myself not to chase highs, but then I see the price going up and my hands start itching, and I end up panic selling at a loss – I've turned it into an art form.
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GateUser-9ad11037
· 01-09 07:29
It hurts to realize that the cycle of cutting losses and chasing gains is really toxic.
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That's right, it's just being careless; frequent operations are really just giving money to the whales.
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I'm the kind of person who gets more anxious the longer I stare at the screen. Now I've learned to put down my phone, and I've actually gained.
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The core issue is the lack of trading discipline; following emotions is doomed to lose.
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That's why I say the hardest part of trading cryptocurrencies isn't choosing the right coin, but controlling that hand of yours.
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Seriously asking, how do you resist the mental breakdown after immediately rebounding from a cut loss?
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People with plans have already exited the market; those of us without plans can only keep taking hits.
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The market doesn't change, but human nature always repeats the same mistakes. Those with poor insight will never learn.
After observing the loss trajectories of many investors in the crypto space, they all seem to fall into the same trap.
Initially, confidence is sky-high, and they go all-in. When the market slightly rises, they start calculating double returns in their heads; when it dips a little, they begin to panic.
During a prolonged bear market, their mentality collapses. The more they watch the charts, the more afraid they become, and finally, they make a rash decision to sell. What’s the result? Just after selling, the price reverses and goes up again. They regret it so much they feel sick, and then they chase back in. Once they do, the market immediately turns downward again, forcing another cut.
After doing this seven or eight times, the price of ETH and mainstream coins might have only increased slightly, but your holdings are shrinking, and your principal is being drained through this cycle.
To put it plainly, it’s not the market’s fault; it’s your emotions controlling you. Led by fear and greed, you end up giving money to the market.
A core realization is this: not every candlestick warrants a reaction. Without a trading plan, frequent trading is just working for the market makers for free. You don’t need to do something with every fluctuation.
Those who truly make money are those who can stay disciplined and hold their hands steady. Market ups and downs are normal, but your mindset shouldn’t sway with them. Keep your eyes off the minute charts and only act when planned opportunities arise.
Ask yourself: Are you trading with emotion, or are you making money with rules? If you can withstand impulses and operate strictly according to your plan, you’ve already beaten most retail traders. This path is indeed difficult, but that light is always there. Whether you can reach it depends on whether you’re willing to first control that “restless hand.”