A couple of days ago, someone asked me: How do you survive longer in the crypto market?
It reminded me of a story from a senior trader. Back then, he entered the market with 200,000, and now his account has grown to over 30 million. He once told me something that I still remember:
The most valuable thing in this market has never been technical analysis, but emotional control. If you can control yourself, the money will find its way to you sooner or later.
Can you make money here? It all boils down to three things: Don’t act on impulse. Don’t be greedy. Don’t make random trades.
Before entering a position, make sure you know exactly what you’re doing. Going all-in just because you’re excited? That’s gambling, not investing. Take it slow—it’s much safer than going all-in in one go.
When the market is moving sideways, trade less. The choppy periods are the easiest times to lose your composure and get slapped around.
The truly worthwhile opportunities are actually obvious at a glance; there’s no need to stare at the charts all day and torture yourself.
Most people lose money essentially because of one thing—acting rashly.
When the price goes up a bit, they chase the top. When it drops a bit, they panic sell. In the end, the market takes it all from them. What you actually need to do is: don’t chase if it’s rising too fast, don’t try to catch the bottom if it’s falling hard, and if the direction isn’t clear, just wait and observe.
There’s another crucial point: position sizing and risk management.
Don’t go all-in. Don’t use your living expenses to play. And definitely don’t borrow money to get in.
Use mainstream coins as your core holdings, and try small positions in altcoins. Even if you’re wrong, at least you still have a way out.
Many people only focus on how to make money and never think about how to lose less. But those who truly make it far in this market always ask themselves first: How can I make sure I stay at the table?
As long as you’re still in the game, your opportunity will come sooner or later.
The crypto market does have opportunities, but it really tests your character. Keeping a steady mindset and a slower pace is more effective than any so-called “god-level” operation.
If you’re feeling a bit lost right now, or unsure about your positions, don’t force it. Staying steady is more important than anything else.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
7
Repost
Share
Comment
0/400
RadioShackKnight
· 12-10 06:16
To put it bluntly, you can only earn a long time if you live long, don't think too much about bells and whistles, and you can really live with a stable mentality
View OriginalReply0
PumpBeforeRug
· 12-09 10:53
To put it simply, staying alive is more important than making money. I’ve understood this for a long time, but I just can’t control myself, haha.
It’s really unbelievable that the big shot turned 200,000 into 30 million. I just want to know where that initial 200,000 came from. Do you really need a first pot of gold to get started?
A true hunter just waits—everything else is a trivial move.
View OriginalReply0
RektButStillHere
· 12-09 10:53
You're absolutely right, but I think the hardest part is not checking the charts... Every time I look, I get itchy hands, and I end up being the one who gets rekt.
View OriginalReply0
HashBard
· 12-09 10:46
ngl the "staying in the game" part hits different... most people chase the narrative arc instead of just... existing quietly in it
Reply0
CoconutWaterBoy
· 12-09 10:45
That's quite true, but it's really hard to put into practice. I'm the type who wants to buy the dip whenever I see the price drop, but the more I buy, the deeper I get, haha.
View OriginalReply0
DegenRecoveryGroup
· 12-09 10:39
Ultimately, it all comes down to mindset. I’ve seen too many people whose dreams of getting rich overnight have been shattered, while those who stay steady and persistent are the ones who end up laughing last.
View OriginalReply0
Blockblind
· 12-09 10:24
So true, staying alive is even harder than making money. Seriously.
A couple of days ago, someone asked me: How do you survive longer in the crypto market?
It reminded me of a story from a senior trader. Back then, he entered the market with 200,000, and now his account has grown to over 30 million. He once told me something that I still remember:
The most valuable thing in this market has never been technical analysis, but emotional control. If you can control yourself, the money will find its way to you sooner or later.
Can you make money here? It all boils down to three things:
Don’t act on impulse. Don’t be greedy. Don’t make random trades.
Before entering a position, make sure you know exactly what you’re doing. Going all-in just because you’re excited? That’s gambling, not investing. Take it slow—it’s much safer than going all-in in one go.
When the market is moving sideways, trade less. The choppy periods are the easiest times to lose your composure and get slapped around.
The truly worthwhile opportunities are actually obvious at a glance; there’s no need to stare at the charts all day and torture yourself.
Most people lose money essentially because of one thing—acting rashly.
When the price goes up a bit, they chase the top. When it drops a bit, they panic sell. In the end, the market takes it all from them. What you actually need to do is: don’t chase if it’s rising too fast, don’t try to catch the bottom if it’s falling hard, and if the direction isn’t clear, just wait and observe.
There’s another crucial point: position sizing and risk management.
Don’t go all-in. Don’t use your living expenses to play. And definitely don’t borrow money to get in.
Use mainstream coins as your core holdings, and try small positions in altcoins. Even if you’re wrong, at least you still have a way out.
Many people only focus on how to make money and never think about how to lose less. But those who truly make it far in this market always ask themselves first: How can I make sure I stay at the table?
As long as you’re still in the game, your opportunity will come sooner or later.
The crypto market does have opportunities, but it really tests your character. Keeping a steady mindset and a slower pace is more effective than any so-called “god-level” operation.
If you’re feeling a bit lost right now, or unsure about your positions, don’t force it. Staying steady is more important than anything else.