People are still asking every day: "Should I go long or go short?"
Anyone who asks this question is basically already a step behind.
A few days ago, I chatted with a boss who has been trading for ten years. He said something that really stuck with me: In this market, anyone can talk about direction—whether you can make money depends on the timing.
A lot of people are still debating trying to bottom-buy, chasing rallies, spot or futures, but the market has changed long ago. Back then, you could hold and wait for it to come back. Now, when many coins weaken, they just keep shrinking.
I’ve seen plenty of people who made a lot in a bull market, but because they couldn’t bring themselves to sell, a round of drawdown wiped out all their profits. Later, I changed my trading approach too. I no longer bet that the market will definitely go up or definitely go down. Instead, I only trade opportunities that I can understand. If there’s a signal, I enter. Once I hit my target, I exit. If there’s no opportunity, I stay patient and remain in cash.
The biggest lesson I’ve learned over the years is this: make money by timing; protect your capital by position sizing. Getting the direction wrong isn’t a problem—just cut your losses in time. Making less isn’t a problem—as long as you don’t lose it all in one go. This market is very realistic: those who execute survive, and emotional traders get eliminated. If you’re still randomly chasing, randomly holding on, and you don’t have any timing, then no matter whether it’s a bull or a bear market, it’s very hard for you to turn things around.
If you want to be steadier and avoid more traps, come find me, Sister Xin. This market doesn’t wait for you.
Anyone who asks this question is basically already a step behind.
A few days ago, I chatted with a boss who has been trading for ten years. He said something that really stuck with me: In this market, anyone can talk about direction—whether you can make money depends on the timing.
A lot of people are still debating trying to bottom-buy, chasing rallies, spot or futures, but the market has changed long ago. Back then, you could hold and wait for it to come back. Now, when many coins weaken, they just keep shrinking.
I’ve seen plenty of people who made a lot in a bull market, but because they couldn’t bring themselves to sell, a round of drawdown wiped out all their profits. Later, I changed my trading approach too. I no longer bet that the market will definitely go up or definitely go down. Instead, I only trade opportunities that I can understand. If there’s a signal, I enter. Once I hit my target, I exit. If there’s no opportunity, I stay patient and remain in cash.
The biggest lesson I’ve learned over the years is this: make money by timing; protect your capital by position sizing. Getting the direction wrong isn’t a problem—just cut your losses in time. Making less isn’t a problem—as long as you don’t lose it all in one go. This market is very realistic: those who execute survive, and emotional traders get eliminated. If you’re still randomly chasing, randomly holding on, and you don’t have any timing, then no matter whether it’s a bull or a bear market, it’s very hard for you to turn things around.
If you want to be steadier and avoid more traps, come find me, Sister Xin. This market doesn’t wait for you.
