Clearly analyzing the K-line chart for a long time, I judged the trend accurately and thought I had chosen the perfect entry point. But every time I bought in, the price would plummet like a roller coaster; just when I finally managed to sell, it would shoot up like it had been injected with adrenaline. During that time, I always felt that I was just having bad luck, and even doubted whether the market was specifically going against me. Looking back now, it’s both ridiculous and heartbreaking to think of my past self.
Until one time, out of a moment of impulse, I chased the high and directly lost more than half a year's savings. I sat in front of the computer staring blankly at my account balance for a whole night before finally waking up to the realization that my biggest enemy was not the unpredictable market, but my own uncontrollable desire to trade and the emotions led by greed and fear!
I believe many newcomers to the crypto market find themselves in the same situation I was in, easily falling into the trap of emotions. When the price rises slightly, the excitement surges, and thoughts of 'if it rises a bit more, it will double' fill their minds, recklessly adding positions; but once it drops a little, they panic, fearing to lose all their capital, rushing to cut losses and exit. In this cycle of chasing highs and cutting losses, the hard-earned capital is gradually devoured, and the account balance slides down like a slide.
I used to be deeply trapped in this vicious cycle and couldn't extricate myself. When there was a slight fluctuation on the K-line chart, my heart would tighten, and my palms would sweat; as soon as the market showed a little movement, my hands would act uncontrollably, unable to resist pressing the trade button. Looking back at those losing trades, many times it wasn't that I misjudged the direction, but rather I fell victim to momentary impulses. During that time, I felt like a puppet controlled by the market; I would fear profit loss after making a little gain and would be anxious; when I lost, I would think about quickly making back the capital, sinking deeper and deeper. My trading became more frequent, and my mindset grew increasingly restless, resulting in even greater losses.
Later, I forced myself to calm down completely, went through the trading records of the past few years bit by bit, and finally saw the truth clearly: in the crypto market, those who can truly profit for the long term all possess a kind of 'dull sensitivity.' This 'dull sensitivity' does not mean being insensitive to market fluctuations, but rather being able to remain calm in the face of rises and falls, to keep a steady heart in wins and losses, to better understand the importance of patiently waiting for clear signals, and to endure the loneliness of being in cash.
After realizing this, I set three strict rules for myself and strictly enforced them, and to my surprise, it really began to turn around the situation of losses.
First, before every entry, I write down my take-profit and stop-loss points in advance and set them to trigger automatically, regardless of how the market fluctuates, and I will never change them on a whim. This fundamentally eliminates the situation of missing take-profits due to greed wanting to earn a little more, or incurring larger losses due to unwillingness to stop-loss driven by luck.
Second, when there are no clear trading signals, just quietly observe and never operate blindly. In the past, I was always afraid of missing opportunities, wanting to enter the market regardless of whether I was sure, and the result was often just wasted efforts and losses. Now I understand that in the crypto market, learning to wait is more important than frequent operations; it's better to miss some opportunities than to make mistakes due to impulsiveness.
Third, always prioritize mindset, ensuring that I don't panic when losing and don't get carried away when winning. When the market declines and leads to losses, I remain calm and analyze the reasons, summarizing experiences; when the market rises and gains profits, I don't become arrogant or inflated, maintaining a clear mind and not being intoxicated by victory.
Since strictly adhering to these three rules, my account has finally bid farewell to the situation of drastic fluctuations and has started to slowly achieve stable profits. It was only then that I truly understood that on the path of crypto trading, growth has never been about how advanced one's techniques are, but rather about how mature one's mindset becomes.
In fact, the crypto market has never been about who can predict correctly; after all, even if one temporarily judges the direction correctly, one may still lose money due to losing control of emotions. What truly matters is who can remain composed for longer, who can maintain calmness and rationality amid the chaotic market. When you can avoid blindly chasing highs, panicking during losses, and gambling-style operations, profits will naturally gravitate towards you.
I know that many of you are still trapped in the vicious cycle of 'buying leads to drops, and selling leads to rises,' anxiously worrying about the market every day. In fact, you are not lacking effort, and you are not lacking intelligence; you just haven't found that light to illuminate your trading path.
Next, I will frequently share my trading insights, market analysis, and some small tips to avoid risks on my account. If you are also struggling in the crypto market and want to break free from losses to achieve stable profits, then hurry up and follow me! I will share more valuable content later, and I also welcome everyone to share your trading stories and confusions in the comments section, so we can navigate the crypto market together and make steady profits!
