Brothers, can you stop blindly trading? Don't you think your pockets are dirtier than your face?
I've been in this market for over a decade and have seen too many people rush in, only to lose their money and break down when the market fluctuates. Typical rookie moves are just two types: not daring to hold when it rises, and stubbornly holding on when it falls. You think you've bought the bottom, but in reality, you're just being used as a practice partner by the big players. In the end, you lose everything down to your last pair of shorts.
Honestly, the real way to make money has never been chasing trends or playing with those small coins like a lottery every day, but rather understanding the market's structure and rhythm.
If you look back at the currencies that have surged this year, which one didn't first show a clear pattern, gradually increasing in volume, and then followed by a confirming breakout with a big bullish candle? Take BTC for example, which moved from 60,000 to 72,000: it first consolidated to accumulate, then broke out with volume; the rhythm was very clear. As long as you follow the right rhythm, even with a small position, you'll earn a hundred times more reliably than randomly gambling.
My deepest realization over the years is that money comes from mistakes. After being cut a time or two, you’ll understand: opportunities are never lacking; what’s lacking is whether you can hold back from making reckless moves.
Want to make money? Focus on mainstream coins, pay attention to key positions, and stop fantasizing about getting rich with small coins.
Want to survive? Manage your positions well, set your stop-losses, and don’t fall for that idea of “averaging down when it drops”; most likely, you’ll just lose more.
Want to outperform the market? Go with the trend, don’t go against it. Following the trend can get you profits, while going against it will only lead to losses.
So I often tell my friends, the most stable way to make money this year is: hold on firmly, cut losses quickly. Be bold in following the trend, but be ruthless with your stop-losses. Don’t dawdle; the market won’t wait for you.
I won’t elaborate on the details here, as they are familiar ground; those who understand will naturally get it. If you want to dig deeper, it depends on whether you have the heart!