Survival Notes in the Crypto World: Avoiding These 3 Pitfalls is More Important Than Making Money ⚠ Over the years in the crypto space, I have gradually understood:
Those who survive are often not the ones with the best technology, but those who make the fewest mistakes.
Too many people don't miss the bull market, but fall victim to the most basic mistakes…
🚫 3 Deadly 'Habitual Illnesses'
Chasing Highs and Selling Lows Syndrome
→ FOMO chasing highs when prices rise, panic selling when prices fall, resulting in 'standing guard at the peak, exiting at the floor'.
Those who really make money: quietly positioning when no one is paying attention, calmly exiting when the heat is boiling.
Heavy Betting Mentality
→ Correct direction but fall victim to volatility! It's not a judgment error, but rather a heavy position that triggers a stop-loss due to a small pullback.
Emotional All-in
→ Seeing an opportunity and going all in without funds for adjustment later. Even if the direction is correct, you can only watch the opportunity slip away.
What destroys you is never the market, but these habits.
🌊 My 'Dumb Method' Survival Rules
(6 Iron Rules Earned Through Countless Lessons)
✅ Don't Fret During Sideways Movements: Don't chase during high-level sideways movements; don't buy during low-level fluctuations that haven't stabilized.
✅ Break During Volatile Periods: When the market direction is unclear, learn to observe from the sidelines.
✅ Counter-Emotional Trading: Buy in batches after a big bearish candle, reduce in batches after a big bullish candle.
✅ Rhythm Over Opportunity: Don't catch falling knives during a downtrend; test during sharp declines.
✅ Position Pyramid: Refuse to go all in! Build positions in 3-5 batches, having chips when it falls, and profits when it rises.
✅ Market Needs Rest After Big Movements: After a surge or drop, the market needs to digest; don't make decisions during extreme emotions.
📌 Core Mindset:
"Slow is Fast" — This market never lacks opportunities,
what it lacks are those who can wait, endure, and see through the essence.
❤ Heartfelt Words for Fellow Travelers
Those seemingly 'clumsy' methods (diversifying positions, waiting, counter-emotional trading) are the true shortcuts for long-term survival;
High returns are inevitably accompanied by high risks, and losing your principal can happen in an instant;
If you just entered the market:
→ First, validate your strategy with a demo account
→ Spend 80% of your energy avoiding fatal mistakes
→ Remember: surviving long is ten thousand times more important than making quick profits