A few years ago, I met a senior trader who had emerged from the bloodbath of the bear market. Starting with a capital of 100,000, after several cycles of bull and bear markets, he now has a net worth of 80 million.

Later, I visited him, hoping to get some tips on selecting coins. He brewed a pot of tea and only left me with one sentence that I pondered over for days:
“In this market, 90% of people lose money. It’s not because they’re not smart enough; it’s because they can’t control themselves. When emotions take over, all technical analysis is useless.”
Seeing me stunned, he shared four practical experiences.
He said this approach really helped a young man who lost over 600,000 last year; in six months, he paid off his debts and even bought a BMW 5 Series.
Today, I want to share with friends who are still struggling in the market:
First, don’t get excited when prices rise, and don’t panic and sell during pullbacks.
Many people see the K-line soaring and adrenaline surges, fearing they’ll miss the boat, so they rush in blindly.
Once inside, if the market dips, they get scared and cut their losses quickly.
The veteran says, major players never build positions during big rallies.
A gentle decline after a sharp rise is usually a shakeout.
When those chasing the highs and selling at lows are shaken out, the real trend is just beginning.
Second, don’t rush to catch falling knives during a crash.
When the market crashes into a big pit, someone always shouts “golden pit” or “bottom-fishing opportunity.”
But right after entering, there are still eighteen layers of hell beneath the pit.
The rebound after a sharp decline is often a trap to lure more buyers.
The true bottom won’t let you buy comfortably.
When everyone is hopeless and afraid to buy, that’s when you should take action.
Third, during sideways trading, tie your hands.
The most exhausting part of crypto is sideways movement, with daily fluctuations of two or three points. Someone always gets itchy and wants to swing trade.
Sideways is a battle between bulls and bears, and whichever side you pick, you’re likely to get beaten.
His principle is simple: during sideways periods, just watch and do nothing. Better to miss the opportunity than to make a mistake.
These experiences sound simple, but very few can truly do them—because controlling yourself is much harder than understanding K-line charts.
Brother Xin only deals in real trading, doesn’t boast or make empty promises, and only shares real experiences that help you survive in the market. There’s still space in the trading team—whether you follow or not, it’s up to you.