In my first few years in crypto, I thought about getting rich overnight every single day. It wasn’t until my account gradually grew that I realized what truly sets the best traders apart: they don’t rely on making the boldest moves. They rely on still being in the game after every market cycle.
I was the same at first. I had a few tens of thousands in hand, and whenever I saw a coin pumping, I thought my chance had come. Whenever someone in a group chat posted their gains, I’d get itchy. I always thought that if I were just a little bolder, my account would take off in no time.$ZEC
But reality taught me a lesson pretty quickly.
When I was making money, I thought I understood the market. When I was losing, I realized I couldn’t even manage my position sizes. Whenever the market pulled back, I’d stubbornly hold on. As soon as I had unrealized gains, I couldn’t bring myself to sell. My account went on a roller coaster, and I let the candlesticks lead me around.
Later, I simplified my trading.$ETH
I don’t go all in. If I’m wrong, I admit it. I don’t rush in before a trend has emerged. If I can wait, I wait; if I can trade less, I do.
I used to be most afraid of missing an opportunity. Now I’m more afraid of letting my emotions wipe out my capital.
There are always opportunities in crypto. The truly hard part is whether you can hold on until the next one comes along.
Only those who survive a full bull-and-bear cycle understand what trading really means.$RLC
If you’re still chasing pumps and panic-selling, try following Brother Li through a few market reviews. Avoiding a few common traps can make managing your account a lot easier.#比特币跌破8.1万美元
I was the same at first. I had a few tens of thousands in hand, and whenever I saw a coin pumping, I thought my chance had come. Whenever someone in a group chat posted their gains, I’d get itchy. I always thought that if I were just a little bolder, my account would take off in no time.$ZEC
But reality taught me a lesson pretty quickly.
When I was making money, I thought I understood the market. When I was losing, I realized I couldn’t even manage my position sizes. Whenever the market pulled back, I’d stubbornly hold on. As soon as I had unrealized gains, I couldn’t bring myself to sell. My account went on a roller coaster, and I let the candlesticks lead me around.
Later, I simplified my trading.$ETH
I don’t go all in. If I’m wrong, I admit it. I don’t rush in before a trend has emerged. If I can wait, I wait; if I can trade less, I do.
I used to be most afraid of missing an opportunity. Now I’m more afraid of letting my emotions wipe out my capital.
There are always opportunities in crypto. The truly hard part is whether you can hold on until the next one comes along.
Only those who survive a full bull-and-bear cycle understand what trading really means.$RLC
If you’re still chasing pumps and panic-selling, try following Brother Li through a few market reviews. Avoiding a few common traps can make managing your account a lot easier.#比特币跌破8.1万美元