The worst case I’ve ever seen, was a 38-year-old middle-aged man, with over 3 million U sitting in his account, smoking in his car at three in the morning, staring blankly at his phone.
Because just the day before, he had given back more than half of the money he had originally made.
He told me: “Brother Ying, I clearly made money, so why do I still end up looking like a loser?”
At that moment, I knew he had made the same mistake most retail investors make: too eager, too greedy, too afraid of missing out.
The most terrifying thing in the crypto world is not a lack of opportunities.
It’s when you think an opportunity has come, but in reality, it’s just the big players setting a trap for you.
The most common one is when a coin suddenly surges, the chat groups start spamming like crazy, and everyone is shouting “It’s taking off!”
You rush in headfirst, and then it stops rising and starts grinding down little by little.$ZEC
A lot of people think it’s just a shakeout and it will come back. But the more they wait, the more it falls, and only then do they realize the big players already got out clean, leaving only you still fantasizing there.
There’s another, even harsher trick.
After a big drop, it gives you a little hope and slowly rebounds.
You think you caught the bottom, but really that was just the big players unloading their last batch.
A true bottom is not when a huge bullish candle suddenly appears.
It’s when someone is down there, day after day, steadily absorbing the sell pressure, with continuous volume so strong that the price can’t fall any further.
That’s why, after all these years watching the market, the first thing I look at isn’t price, it’s volume.
If there’s still volume at the top, the rally may not be over; if there’s no volume at the top, even the strongest story has to end.
After nearly ten years of trading, I’ve come to believe more and more that what really makes money is not knowing how to chase, but knowing how to wait.
Wait not to buy recklessly, wait not to chase highs, wait to stay in cash while everyone else is celebrating.
Many people lose money not because they don’t know how to buy.
It’s because even when they know they shouldn’t touch something, they still can’t resist reaching out.
I’ve made it this far not because I was right every time, but because I knew clearly when I should not act.
The market will always be there, but your capital? You really don’t have many chances to start over.$牛来
#币圈暴富
#合约挑战
Because just the day before, he had given back more than half of the money he had originally made.
He told me: “Brother Ying, I clearly made money, so why do I still end up looking like a loser?”
At that moment, I knew he had made the same mistake most retail investors make: too eager, too greedy, too afraid of missing out.
The most terrifying thing in the crypto world is not a lack of opportunities.
It’s when you think an opportunity has come, but in reality, it’s just the big players setting a trap for you.
The most common one is when a coin suddenly surges, the chat groups start spamming like crazy, and everyone is shouting “It’s taking off!”
You rush in headfirst, and then it stops rising and starts grinding down little by little.$ZEC
A lot of people think it’s just a shakeout and it will come back. But the more they wait, the more it falls, and only then do they realize the big players already got out clean, leaving only you still fantasizing there.
There’s another, even harsher trick.
After a big drop, it gives you a little hope and slowly rebounds.
You think you caught the bottom, but really that was just the big players unloading their last batch.
A true bottom is not when a huge bullish candle suddenly appears.
It’s when someone is down there, day after day, steadily absorbing the sell pressure, with continuous volume so strong that the price can’t fall any further.
That’s why, after all these years watching the market, the first thing I look at isn’t price, it’s volume.
If there’s still volume at the top, the rally may not be over; if there’s no volume at the top, even the strongest story has to end.
After nearly ten years of trading, I’ve come to believe more and more that what really makes money is not knowing how to chase, but knowing how to wait.
Wait not to buy recklessly, wait not to chase highs, wait to stay in cash while everyone else is celebrating.
Many people lose money not because they don’t know how to buy.
It’s because even when they know they shouldn’t touch something, they still can’t resist reaching out.
I’ve made it this far not because I was right every time, but because I knew clearly when I should not act.
The market will always be there, but your capital? You really don’t have many chances to start over.$牛来
#币圈暴富
#合约挑战
