Staying up late, watching the market, chasing highs and cutting losses? This is how you lose everything!!
Making money in the crypto world is really about making fewer mistakes.
I still remember the first few years after I entered the market; it was like a 'beginner's guide':
Staying up late, watching the market, chasing highs and cutting losses, when stuck I would comfort myself by saying 'just wait a bit longer', only to end up facing liquidation. Back then, I thought I had strong conviction, but it was actually greed that was at play.
The harshest lesson the market taught me was: the market doesn't fear your foolishness, it fears your stubbornness.
Later, I adopted a different way of living and stubbornly stuck to a 'foolish method':
If I don't see familiar signals, I absolutely won't place an order!
No matter how tempting the market is, I'd rather miss out than take random risks.
With this iron rule, I survived the toughest phase. Over the years, not only did I avoid liquidation, but I also gradually moved towards stable profits, now maintaining over 50% returns each year.
Many people think that making money relies on being smart, but it actually relies more on 'clumsy discipline'.
I want to share three pieces of advice with friends who are still confused:
1. Always take away a portion of the money you've earned. The harshest tactic the market has is to take profits back.
2. Indicators come before feelings. Enter the market only when at least two indicators like MACD and RSI resonate; relying on feelings is just gambling.
3. Stopping losses is not failure, but survival. If you can stay at the table, you have a chance to win.
Brothers, the secret to trading cryptocurrencies is not about getting rich overnight, but whether you can survive until the bull market truly arrives.
Be greedy once, lose a game; stop losses once, and see the whole game.
The real winners are never those who earn the most, but those who can last the longest.
If you want to know how I specifically execute this 'foolish method', follow my rhythm, and I'll share the practical details with you.
