Survival in the Cryptocurrency World: The Weak Mindset
Every day in the cryptocurrency world, myths of sudden wealth unfold, but it is also filled with the bloody lessons of chasing highs and selling lows.
Those who can truly achieve stable profits often remember one core principle: first consider themselves as the weak.
Acknowledging that one is not omniscient can help avoid 99% of the traps set for inexperienced traders.
Entering the market with a weak mindset: admitting one's limitations. The biggest misconception for ordinary traders is thinking they can 'beat the market'.
A real trader's first step is to let go of the arrogance of 'I can predict'.
Admitting one is a 'weakling' is not about self-deprecation; it is about putting on a 'protective shield'.
Follow rather than predict: the long-term trend is the best compass; the core of the weak mindset is 'following'.
Join when there is an upward breakout, withdraw when there is an effective downward breakout, do not guess tops and bottoms, only ride the 'tails of trends'.
Only trade within your capabilities: protect your own circle of competence; every trader should have their own 'safe zone'.
And the smart weak will set strict rules: for example, 'only go long when above the weekly MA60 moving average, and observe when it breaks below', or 'only enter when divergence signals appear, and do not take profits until the target profit is reached'.
These seemingly rigid rules actually filter out 80% of ineffective fluctuations through discipline.
Not trading is also a form of wisdom: waiting for high-value opportunities. The biggest trap in the cryptocurrency world is making people feel that 'missing every fluctuation is a loss'.
The true weak mindset understands that sometimes not trading requires more courage than trading.
When the market is incomprehensible and signals are unclear, staying in cash is the best strategy.
Just like crocodiles lurking underwater most of the time, striking swiftly only when prey appears, we should also learn to patiently wait for the 'prey' on the weekly and monthly lines to appear.
The cryptocurrency world is never short of smart people; what it lacks is the clarity to 'admit one is not smart', inscribing the word 'weak' into trading philosophy.
Do not predict rises and falls, only follow trends; do not be greedy for small opportunities, only seize major trends; do not be blindly confident, only guard your circle of competence.
After all, in this uncertain market, surviving and slowing down is what allows time to become your ally @仓位管理师 .