Once the market starts moving, new opportunities to make money keep emerging. But there's a trap that many people have fallen into — staying too long on the same coin, investing too much energy and time. If the final returns don't meet expectations, the mindset will first collapse. Once the mindset collapses, the brain starts to malfunction, and decision-making becomes distorted. The most direct result is that all trading operations go haywire. This is why some people clearly see the right direction but still end up losing money in the end. The key isn't whether you've chosen the right trading pair, but whether you can stay clear-headed throughout the process. Greed and impatience are the two most costly emotions in trading.
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DeadTrades_Walking
· 01-15 15:29
That was really harsh, brother. The slapback really hurts.
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BearMarketLightning
· 01-15 14:50
That's right, mindset is truly the biggest enemy.
I've seen too many people stubbornly hold onto a coin, only to have their mentality explode and go all-in, losing everything.
Being clear-headed is important, but it's really hard to stay clear-minded.
The biggest enemy in the crypto world is oneself.
Even if you see the right opportunity, you can still lose—that's the power of mindset.
Greed is something that, once it takes over, you can't stop.
Instead of obsessing over trading pairs, it's better to control your own hands first.
You're absolutely right; so many people fall at the mental hurdle.
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HorizonHunter
· 01-14 09:33
No problem, that's exactly how I lost money haha crying
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BearMarketBard
· 01-14 09:25
Staring at a coin obsessively, and then your mentality explodes—I've been there too.
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TommyTeacher
· 01-12 21:26
I'll just say this, even if you get it right, you can still lose money. It's really not a problem with the coin itself.
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Holding for too long easily leads to tunnel vision. I've been there before.
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Mindset is easy to talk about but hard to practice. Honestly, it's just greed.
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So, timely stop-loss is more important than anything else.
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Clear-headed? Ha, when the market rises, no one can stay clear-headed.
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The last sentence is brilliant. Greed and impatience are truly the most expensive lessons.
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I should have understood this principle long ago, but unfortunately, I always realize it too late.
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Don't just look at others' experiences; you'll only understand when it happens to you.
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CryptoFortuneTeller
· 01-12 21:22
Honestly, I've seen many people lose money even when they guessed correctly; it's all about mindset.
Holding onto a coin for too long can really make you depressed, don't ask me how I know.
When your mindset is shattered, your brain becomes useless, and everything you do is wrong.
Greed and impatience are indeed the two most costly things in trading.
Staying clear-headed is the hardest, much more difficult than choosing the right coin.
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ApeWithNoChain
· 01-12 21:07
I knew it, mindset really can turn making money into losing money.
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CountdownToBroke
· 01-12 21:03
Exactly right, I am that idiot who "looks in the right direction but still loses money."
The mentality is truly a huge pitfall; I know I should stay calm, but as soon as I see a decline, I become completely panicked.
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FadCatcher
· 01-12 21:01
That hits too close to home; this is exactly how I lost money.
Once the market starts moving, new opportunities to make money keep emerging. But there's a trap that many people have fallen into — staying too long on the same coin, investing too much energy and time. If the final returns don't meet expectations, the mindset will first collapse. Once the mindset collapses, the brain starts to malfunction, and decision-making becomes distorted. The most direct result is that all trading operations go haywire. This is why some people clearly see the right direction but still end up losing money in the end. The key isn't whether you've chosen the right trading pair, but whether you can stay clear-headed throughout the process. Greed and impatience are the two most costly emotions in trading.