The Mindset for Winning in the Crypto World: 6 Concise Practical Methods

The cryptocurrency market is ever-changing; mindset is the core of survival. The key is to transform uncertainty into controllable rules. Here are 6 simple methods to help you maintain your rhythm:

1. Set a Capital Red Line:

Only invest spare money; never use leverage or borrow money to enter the market.

Divide your funds into 3-5 portions, with no single cryptocurrency holding exceeding 30% of total funds, which fundamentally avoids the panic of liquidation to zero and leaves enough buffer space for your capital.

2. Reduce the Frequency of Monitoring:

Set fixed times for monitoring the market, once a day is sufficient, and each session should not exceed 30 minutes. Firmly turn off live market notifications.

Over-monitoring can lead to being swayed by short-term fluctuations, falling into the emotional trap of chasing highs and cutting losses, which disrupts trading rhythm.

3. Accept Losses as Normal:

Pre-set a stop-loss line of about 10%, viewing stop-losses as a necessary “trading cost” rather than a failure.

There is no myth in the crypto world of only making profits without losses; accepting small losses allows for timely stop-losses, avoiding significant losses due to unwillingness to accept defeat.

4. Refuse Blind Comparison:

Don’t be swayed by the “profit sharing” and “get-rich-quick myths” in the community; everyone’s entry timing and risk tolerance are vastly different.

Focus on your own trading plan, do not blindly follow others’ actions, and maintain your own profit rhythm.

5. Rules Over Feelings:

Clearly write down buying and selling signals, as well as position management on paper, such as “buy after a volume contraction followed by a volume expansion,” and strictly execute according to the rules.

Do not be swayed by feelings of “it’s going to rise” or “maybe I can catch the bottom,” use discipline to combat impulse.

6. Allow Emotional Buffer:

When the market fluctuates violently, pause for 24 hours before making decisions; do not rush to increase positions or cut losses.

Maintain regular exercise and avoid staying up late; physical condition is the foundation for withstanding the market's relentless battering. A stable mind and body allow for rational judgment.

The essence of mindset is a sense of “control.” When capital, operations, and risks are constrained by rules, you will not be swayed by the ups and downs of candlestick charts. Instead, you can maintain clarity in volatility and walk steadily in the crypto world for the long term.

Most people are trapped in a vicious cycle, not due to lack of effort, but because they lack a guiding light.

The market is always there, but opportunities do not wait for anyone—follow the right people to escape the darkness. @bit福多多