I know what you're thinking—every time you see the market take off, your hands get itchy.
Wanting to get on board, fearing you’ll miss out, heart racing. But once you've bought in, you worry about being trapped, wanting to sell at the slightest gain, panicking at the slightest drop.
In fact, this is not a technical issue, but rather the 'psychological demons' that everyone encounters when they first enter the crypto world.
I was the same back then. I talked about rational trading, but my hands were quicker than my brain. I chased after the rise and cut losses when I saw a drop.
When I was making money, I was on cloud nine; when I was losing, I wanted to flip the situation, and ended up losing more as I tried to recover.
In the end, I realized I wasn’t trading; I was battling my emotions.
Later, I understood: 99% of the losses in crypto are not due to the market, but due to impulsiveness.
Those who can truly survive in this space all share a common trait—
they don’t rely on predictions to make money, but rather on 'calmness' to profit.
I set three iron rules for myself, and I share them with you:
First rule: Think about exiting before entering.
Set stop-loss and take-profit for every trade, and write the script in advance.
No matter how good the market is, don’t increase your position impulsively. Let the rules lead, and keep emotions aside.
Second rule: Stay as still as a mountain.
No matter how stimulating the candlesticks are, don’t let the volatility dictate your rhythm.
Staring at the screen for too long will only amplify anxiety, making it easier to make mistakes.
Third rule: Mindset is always more important than technique.
The market is not a battlefield, but a mirror.
It reflects your control over risk.
You must understand that the market does not reward those who are excited; it only rewards those who can 'stay steady'.
The secret to making money has never been about 'catching every wave', but rather—being decisive when it’s time to act and calm when it’s time to wait.
Those who can control their hands, hold their lines, and steady their hearts will ultimately thrive in crypto, earning steadily. Controlling emotions is more valuable than being right about the direction.
I am Uncle Nan, skilled in short to medium-term contracts and medium to long-term spot placements, sharing investment skills and detailed strategy teachings regularly.
