The cryptocurrency world is a battlefield that knows no night; some get rich overnight, while others go to zero in an instant. But what truly determines fate is not market fluctuations, but which stage you are in. I went from 2 million to 60 million, and I understood these 4 stages:
1. Beginner Stage: Staying up all night watching the market, heart racing. When you first enter, every fluctuation pulls at your nerves. When you buy, it drops; when you sell, it rises. You wake up in the middle of the night to check the market. The scariest is a flash crash at dawn, struggling between "cutting losses or holding on," only to wake up and find yourself down before dawn.
The truth: 90% of beginners fail due to losing control of their emotions.
2. Intermediate Stage: Learning to wait, key to seizing opportunities. After suffering a few losses, you finally understand: not every fluctuation is worth chasing. You start to pay attention to the larger trends, such as Federal Reserve policies and Bitcoin halving, but still stay up late for critical market movements.
Breakthrough point: Transitioning from "frequent trading" to "precise targeting" is the first step to profit.
3. Expert Stage: Calmly sleeping while the system makes money. Experienced traders have long established trading systems, setting stop-loss and take-profit levels without relying on watching the market for profits. Even if there’s a 20% crash in the middle of the night, you can sleep peacefully because everything is within plan.
Core: Trading is not about physical stamina; it's about strategy.
4. Despair Stage: Deeply trapped with liquidation, insomnia, and depression. High leverage liquidation, altcoins going to zero... lying in bed scrolling through Twitter, fantasizing about finding a "turnaround opportunity," only to sink deeper.
Warning: If you are in this stage, stop; there may still be a way to save yourself.
It's also important to remind everyone that the cryptocurrency market is full of uncertainties and challenges, but it also contains potential opportunities. Investors participating in cryptocurrency investments should fully understand the associated risks, remain calm and rational, and respond to market changes with a prudent strategy!
