The real culprit behind losing money in crypto trading has been found! It's not a technical issue, it's that you can't control your impulses—every novice stumbles on these two things:
【Fatal Operation 1】
In a bear market, you freeze up and play dead, but when a bull market kicks off, you become paranoid, only daring to go all in when the market is soaring, ending up as a bag holder at the peak. You’re a coward when it’s time to enter and a warrior when it’s time to exit; your timing is completely off.
【Fatal Operation 2】
In a bear market, you lose heavily yet stubbornly hold on, and in a bull market, you bail out as soon as you make back 20%, only to see the price skyrocket right after. The most infuriating part is realizing you bought the right coin, but after three days of holding, you panic sell, only to find out it has increased fivefold, making you want to slap yourself.
To put it simply, it's not money you’re losing; you’re losing to human weaknesses:
Being timid when you should be greedy
Being reckless when you should be fearful
Not being able to hold onto profits, while stubbornly clinging to losses
Staring at the candlesticks every day and scaring yourself
The most heart-wrenching part of a bull market isn’t the liquidation; it’s watching the coins you sold skyrocket! If you want to make big money, you need to: stay calm during profit drawdowns, not shake during market fluctuations, and hold on tightly. If you can’t cure the "inability to hold" disease, you will always be left picking up the scraps others leave behind.