A senior who has been in the crypto world for many years once told me a phrase that I have always remembered.
He went from 50,000 to 80 million just by relying on one sentence — the crypto market never lacks opportunities; what’s lacking are people who can keep their emotions steady.
This statement sounds simple, but few truly understand it. Most traders are actually driven by market sentiment—when prices go up, they want to chase; when prices go down, they want to cut. Little do they know, if you control your emotions, the market often becomes like an ATM. The real factor that creates a gap between people is never about whether the news is accurate or whether the feeling is right, but whether you have a systematic trading strategy.
After years of exploration, I’ve summarized some practical principles that have been repeatedly validated:
Before entering a position, think clearly—don’t follow the trend only after the fact. A sudden drop during a sideways consolidation at a low level is often an opportunity; a prolonged sideways movement at a high level followed by a rally is usually a sign of distribution. When prices surge rapidly, learn to sell; during sharp declines, be brave enough to buy. Consolidation patterns often indicate that a trend is brewing.
Timing is also crucial. When market sentiment is released in the morning, big drops tend to create opportunities, and during big rises, reduce your holdings. In the afternoon and evening sessions, don’t chase after big gains; big drops are better to wait for the next day. Don’t sell if the price doesn’t reach a new high, don’t buy if it doesn’t dip; during sideways consolidation, just watch and observe.
Another tough one—dare to buy when the candle is bearish, dare to sell when the candle is bullish—that’s how to operate against human nature. Full position trading is a big taboo; take profit and stop-loss may sound like technical issues, but they are actually survival issues.
To put it simply, trading cryptocurrencies is essentially about managing your mindset. When greed takes over, you can’t see the risks; when you’re afraid, you miss real opportunities. Not chasing the highs or killing the lows is the way to turn trading into a long-term endeavor.
Here are some of the most practical trading methods I often use:
**Range-bound markets**: sell high and buy low, watch the Bollinger Bands and support/resistance levels, and avoid greed. **Breakout strategies**: the longer the sideways period, the more violent the move; if the direction is correct, act decisively. **Trending markets**: once a trend is established, only trade in the direction of the trend; don’t panic during pullbacks, buy on rebounds. **Key level trading**: important support and resistance levels are often points of capital battles, with the highest success rate. **Rebound after correction**: the phase after big rises or drops, when market sentiment is recovering, is usually the best time to trade. **Time period differences**: daytime tends to be more stable and suitable for conservative strategies; night trading and early mornings are more volatile and suitable for aggressive tactics, but risks also increase.
Finally, I want to say that the crypto market indeed has high volatility and many opportunities, but those who survive long-term are never the most aggressive, but the most calm.
Treat trading as a long-term project, not a gamble for quick riches. Moving slowly can actually take you further.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
8
Repost
Share
Comment
0/400
StillBuyingTheDip
· 12-29 16:14
No matter how right you are, it’s useless; most people still can't change their habit of chasing gains and selling off in panic.
View OriginalReply0
MEV_Whisperer
· 12-29 05:44
That's right, emotional management really can determine life or death.
View OriginalReply0
MagicBean
· 12-26 22:22
That's so true. Emotional management is really the biggest enemy. I previously got wiped out because of greed and impulsiveness.
View OriginalReply0
BloodInStreets
· 12-26 16:52
50,000 to 80,000,000? It all smells like survival bias... Truly surviving ones are indeed few.
View OriginalReply0
failed_dev_successful_ape
· 12-26 16:47
You're right, I've also experienced this firsthand over the past few years... Losing control of your emotions really is just giving money to the market.
View OriginalReply0
PaperHandSister
· 12-26 16:43
That's right, the hardest part is managing emotions. I often get trapped by my own feelings.
View OriginalReply0
GateUser-9f682d4c
· 12-26 16:41
That's right, but most people know it and can't do it. I'm currently the kind of person who chases when bullish and cuts when bearish, losing money very quickly.
View OriginalReply0
GateUser-afe07a92
· 12-26 16:39
That's right, emotional management is indeed the Achilles' heel for most people. I used to be part of the group that chased gains and sold in panic.
A senior who has been in the crypto world for many years once told me a phrase that I have always remembered.
He went from 50,000 to 80 million just by relying on one sentence — the crypto market never lacks opportunities; what’s lacking are people who can keep their emotions steady.
This statement sounds simple, but few truly understand it. Most traders are actually driven by market sentiment—when prices go up, they want to chase; when prices go down, they want to cut. Little do they know, if you control your emotions, the market often becomes like an ATM. The real factor that creates a gap between people is never about whether the news is accurate or whether the feeling is right, but whether you have a systematic trading strategy.
After years of exploration, I’ve summarized some practical principles that have been repeatedly validated:
Before entering a position, think clearly—don’t follow the trend only after the fact. A sudden drop during a sideways consolidation at a low level is often an opportunity; a prolonged sideways movement at a high level followed by a rally is usually a sign of distribution. When prices surge rapidly, learn to sell; during sharp declines, be brave enough to buy. Consolidation patterns often indicate that a trend is brewing.
Timing is also crucial. When market sentiment is released in the morning, big drops tend to create opportunities, and during big rises, reduce your holdings. In the afternoon and evening sessions, don’t chase after big gains; big drops are better to wait for the next day. Don’t sell if the price doesn’t reach a new high, don’t buy if it doesn’t dip; during sideways consolidation, just watch and observe.
Another tough one—dare to buy when the candle is bearish, dare to sell when the candle is bullish—that’s how to operate against human nature. Full position trading is a big taboo; take profit and stop-loss may sound like technical issues, but they are actually survival issues.
To put it simply, trading cryptocurrencies is essentially about managing your mindset. When greed takes over, you can’t see the risks; when you’re afraid, you miss real opportunities. Not chasing the highs or killing the lows is the way to turn trading into a long-term endeavor.
Here are some of the most practical trading methods I often use:
**Range-bound markets**: sell high and buy low, watch the Bollinger Bands and support/resistance levels, and avoid greed.
**Breakout strategies**: the longer the sideways period, the more violent the move; if the direction is correct, act decisively.
**Trending markets**: once a trend is established, only trade in the direction of the trend; don’t panic during pullbacks, buy on rebounds.
**Key level trading**: important support and resistance levels are often points of capital battles, with the highest success rate.
**Rebound after correction**: the phase after big rises or drops, when market sentiment is recovering, is usually the best time to trade.
**Time period differences**: daytime tends to be more stable and suitable for conservative strategies; night trading and early mornings are more volatile and suitable for aggressive tactics, but risks also increase.
Finally, I want to say that the crypto market indeed has high volatility and many opportunities, but those who survive long-term are never the most aggressive, but the most calm.
Treat trading as a long-term project, not a gamble for quick riches. Moving slowly can actually take you further.