Survival Rules in the Crypto World: Be Humble and Patient, Stability is Key!
On the battlefield of the crypto world, emotions are the biggest "shorts." Countless people lose their way in the extreme pull between getting rich quickly and facing liquidation, while ignoring the true survival rule—maintain a mindset as steady as a rock to laugh until the end.
1. Beware of the "Victory Trap," Refuse Blind Confidence
Don’t think of yourself as a "blockchain god" just because of one profitable trade. The market changes rapidly; a single success may just be due to luck. Overconfidence can cloud rational judgment, leading to a Waterloo when least expected.
2. A Liquidation ≠ The End, Avoid Impulsive Exits
A single liquidation or big profit is not the end. Some people panic and liquidate after one loss, returning empty-handed, missing subsequent opportunities; others forget themselves after a big win and end up giving all their profits back. These extreme reactions are results of being driven by emotions.
3. The “Cold Wallet Mindset” of Professional Players
True experts remain calm regardless of market fluctuations. When the market rises, they are not swept away by greed to chase highs; when faced with liquidation, they can quickly calm down and review their strategies instead of making wrong decisions driven by fear. Because they know well: the moment emotions spiral out of control is the beginning of market harvesting.
Remember: in the crypto world, "stability" is the way to go. Shed impatience and arrogance, and use rationality to combat volatility, so you can preserve your principal and win the future in this high-risk game!#BTC