Beginners rely on feelings to make money, while veterans rely on systems to make money
The easiest phrase to get caught up in the cryptocurrency world is: “I feel this project will rise.”
But the ones who truly make big money, the veterans, never rely on feelings; they rely on a comprehensive set of understanding, processes, and decision-making mechanisms.
Feelings can be deceiving, but systems compound.
Beginners look at popularity, K-lines, and KOL endorsements;
Veterans form judgments based on the following dimensions:
1. Narrative Phase: Is it just starting, has it heated up, or is it nearing decline;
2. On-chain Data: Changes in new addresses, trading depth, institutional holdings;
3. Valuation Models: Circulating supply, market cap/TVL, FDV, etc., horizontal comparisons;
4. Risk Control: Position ratios, profit-taking mechanisms, withdrawal conditions.
They even write trading scripts in advance, for example: If XX coin rises by 20%, then only take partial profits;
If it breaks a certain support level, close the position immediately;
If the main address starts to offload, reduce exposure risk.
They make money through strategies, not by betting on emotions.
This is not cold-blooded; it is to survive longer and earn more steadily in a market full of illusions.
You can make a couple of wins based on “feelings,” but those who stay at the table long-term must build their own trading system.