Shocking! A Veteran's Blood and Tears in the Crypto World: How to Trade Without Being "Devoured" by the Market!
After years of struggling in the crypto world, I nearly got wiped out! My account plummeted from its peak, losing more than half its value. During that time, insomnia became my norm—awakening in the middle of the night just to check the charts.
Later, I realized the problem wasn't that I wasn't working hard enough, but that my trading strategy was completely "against human nature"!
Most retail investors fall into this trap: holding on desperately when prices drop, dreaming of recovering losses; selling too early when prices rise, fearing profits will vanish. But the market never plays by your script!
The real survival tactic: when the trend is favorable, hold on tightly; when the trend turns bad, admit defeat quickly!
Let profits run wild, and lock losses in a "steel cage"! This isn't about getting rich quick—it's about not getting "carried away" by the market!
There's also a severely underestimated "wealth secret": trading volume! Volume is the market's "heartbeat".
Coins with slow, shrinking volume during an uptrend often have more surprises ahead; after breaking key levels and then consolidating with low volume, it could signal a second chance to enter; but if volume surges without price movement, beware!
Position sizing is the "life-or-death" factor! Too many assets lead to mental chaos and distorted trading behavior. Two or three are enough—more than that isn't diversification, it's a distraction of your mental focus!
Final advice: after a big win, take a break and go completely flat! The market's sharpest "scythe" often swings down right when you think you've "figured it out"!
There will always be market opportunities—but whether you survive depends entirely on whether you can control those "restless hands"!