Can holding onto spot really save you? Don't be fooled by these crypto 'motivational quotes'!
Recently, I chatted with a few friends who trade spot, and I found that they were almost all confused and losing money. When I asked why, it turned out that nine out of ten were 'brainwashed' by a phrase – 'you have to hold onto spot.'
At first glance, this statement sounds somewhat reasonable, but most people who actually do this end up crying without tears.
Why? There are too many voices in the market advocating for 'holding onto everything,' yet when it comes to actual operation, the results make people shake their heads.
Think about it, the crypto world never lacks 'black swan' events. You hold on, waiting for a turnaround, but when a big wave hits the market, those influencers and group leaders shouting 'just hold on and you'll win' have long disappeared, leaving a crowd of retail investors alone to 'heal' in the wind.
I really want to ask those promoting 'blindly holding on':
"If the big players can't cut you, will they not cut you?"
"Holding in a bear market will make you big profits when the bull market comes?"
Come on, this kind of 'feel-good rhetoric' is just for listening, don't treat it like a decree to follow!
The reality is that most people can't even figure out the bull and bear cycles and are still chasing highs and cutting losses, fantasizing about perfectly timing their entries and exits.
Especially for retail investors with small funds, they should be even more careful not to get trapped. Being stuck for months or even years not only leads to extremely low capital efficiency but also can break one's mindset. Just imagine, while others are flexibly operating and earning a fortune, you are still waiting for 'faith recharge' to break free—how does that feel?
So how should one play with spot trading to avoid getting trapped and actually make money?
I believe that for retail investors to turn things around, it's not about 'holding on,' but rather about strategy and timing.
Don't just stubbornly hold on, and don't blindly make short-term trades; finding an operational method that suits you is the key.
For example:
Set a simple plan, establish stop-loss and take-profit levels, and don’t let emotions take control.
Pay attention to market trends, avoid obvious downtrends, and flexibly adjust your positions.
Accelerate capital accumulation through cyclical operations; small profits are still profits, and little by little, they add up.
In plain terms, spot trading isn't about 'going down a single path to darkness.' When the market gives you opportunities, seize them; when the wind turns unfavorable, retreat—that's the way to survive.
Instead of being trapped by 'holding on,' it's better to learn to adapt flexibly. After all, surviving in the crypto world is the only way to wait for that day of doubling your investment. What do you think?