#美联储降息 8 Years of Trading Experience: How to Build Wealth in the Crypto Space
Having spent 8 years in this market, I’ve stumbled, lost, and also tasted success. I want to share some personal insights in hopes of helping you avoid detours.
First and foremost—don’t obsess over short-term gains. The people who truly make money are often those who stick to their trading systems. Whether your style is aggressive or conservative, as long as you follow through, you’ve already beaten most retail traders in the market. That’s the first step.
There are many reasons for losing money in the crypto space: frequently chasing shorts and killing longs in a bull market, using ten or twenty times leverage at will, full-margin options trading, and ending up losing everything in the last move. My straightforward advice—take profits when you make money and withdraw them, don’t leave them on the exchange. You never know when the next big correction will come, just like the 519 drop that made many people go back to square one overnight.
The core strategy boils down to three words: know how to cut losses. Reduce high leverage, cut down on frequent trades, and take a portion of your profits out—never reinvest everything. This bull market is an opportunity for many to get passive wealth—it's a dividend from the Kondratiev cycle, not because your trading skills are extraordinary.
Timing adjustments is the biggest test of your mindset. During a sharp decline, you can add positions; even during minor dips, you should add. But position management must be in place—no matter how promising an opportunity looks, don’t pile up too heavily on a single position, leave enough room for error. Even if the bear market dips deeper, stick to this line.
In a bull market, new assets are the windfall. Catching leading projects in the sector often yields more profit than chasing after second- or third-tier coins at high prices. Many people fear missing out and try to chase second- or third-tier dragons, only to get caught in traps. The truly leading projects have huge potential; if you think you’ve missed out, you’re actually still halfway up the mountain—this is a harsh truth.
$BTC and $ETH are always the foundation of a reasonable allocation—small proportions for new opportunities, large proportions for core assets. This approach can withstand different market cycles.
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ConsensusBot
· 8h ago
Eight years of experience sounds impressive, but honestly, it's still the same old story... However, the example of 519 really hits home.
Don't always think about getting rich overnight; that's the secret to surviving longer in the crypto world.
Leverage traders are mostly here to give away money, no problem.
The leading projects are indeed attractive, but are those who go all-in on the top coins now also crying...
The saying "Make money and withdraw" has taught many people a hard lesson when exchanges run away with their funds.
However, stop-loss is truly the enemy of most people; it's easy to say but hard to do.
View OriginalReply0
RugpullTherapist
· 8h ago
It's the same old story. Every bull market, someone talks about the importance of stop-loss, and then in the next cycle, many continue to hold full positions with leverage.
Basically, it's a matter of self-discipline. No matter how much you hear about it, it's useless.
Withdrawing profits once you've made money is indeed wise; the probability of an exchange collapsing is not low.
However, I don't quite agree with the parts about Long Er and Long San. Sometimes, the dark horse opportunities are even greater.
View OriginalReply0
ApeWithNoChain
· 8h ago
Really, stop-loss, this old and common topic, is the easiest to overlook but also the most critical.
In 519, I was also there, and one word to describe it: despair...
The choice between the leader and the second-in-command is sometimes a matter of life and death, seemingly small details.
How many times have you heard "take profit and run," but how many actually do it...
High leverage is just a tool for the market to harvest retail investors; don't think about turning the tide.
View OriginalReply0
WalletWhisperer
· 8h ago
the irony... people read this and still fomo into shitcoins instead of watching wallet clustering patterns. behavioral indicators don't lie tho, most retail just lacks statistical rigor to spot the accumulation phase when it's staring them down. 8 years and still preaching basics? ngl the market speaks louder than any playbook.
Reply0
MEVHunter
· 8h ago
ngl the "just hodl ur system" part hits different when u actually see the mempool pressure during dumps... real talk tho, most ppl dont even know their own slippage tolerance lol
Reply0
GasWaster
· 9h ago
Well said, the key is discipline; otherwise, no matter how much experience you have, it's all in vain.
Losing everything in a full-margin options trade is really heartbreaking; I've seen too many such cases.
But to be fair, the idea that leading projects are only halfway up the mountain sounds quite comfortable, but in actual operation, it's easy to become greedy.
I was also there in 519, it was truly unforgettable. Since then, I never dared to deposit money into exchanges again.
The hardest part of stop-loss is letting go of losing positions; in the end, you end up being cut repeatedly.
View OriginalReply0
LazyDevMiner
· 9h ago
That's right, you just need to stick to your system and not be swayed by market sentiment.
Getting out after making a profit is something I deeply understand; during the 519 wave, too many people couldn't hold on.
High leverage is a bomb, sooner or later it will explode and wipe you out.
The leading projects are indeed impressive, but few can truly hold their positions.
BTC and ETH allocations should be stable, the rest can be traded freely.
Stop-loss is much harder than take-profit.
Ultimately, this round of market movement is still a gift from Kondratiev waves; don't let yourself become a day trader.
Keep your positions lighter; more room for error means longer survival.
Fear of missing out often leads to even worse losses.
It sounds like talking about life philosophy, but the crypto world is just that realistic.
Adding positions during correction periods tests your mentality the most; those with poor mindset simply can't take action.
#美联储降息 8 Years of Trading Experience: How to Build Wealth in the Crypto Space
Having spent 8 years in this market, I’ve stumbled, lost, and also tasted success. I want to share some personal insights in hopes of helping you avoid detours.
First and foremost—don’t obsess over short-term gains. The people who truly make money are often those who stick to their trading systems. Whether your style is aggressive or conservative, as long as you follow through, you’ve already beaten most retail traders in the market. That’s the first step.
There are many reasons for losing money in the crypto space: frequently chasing shorts and killing longs in a bull market, using ten or twenty times leverage at will, full-margin options trading, and ending up losing everything in the last move. My straightforward advice—take profits when you make money and withdraw them, don’t leave them on the exchange. You never know when the next big correction will come, just like the 519 drop that made many people go back to square one overnight.
The core strategy boils down to three words: know how to cut losses. Reduce high leverage, cut down on frequent trades, and take a portion of your profits out—never reinvest everything. This bull market is an opportunity for many to get passive wealth—it's a dividend from the Kondratiev cycle, not because your trading skills are extraordinary.
Timing adjustments is the biggest test of your mindset. During a sharp decline, you can add positions; even during minor dips, you should add. But position management must be in place—no matter how promising an opportunity looks, don’t pile up too heavily on a single position, leave enough room for error. Even if the bear market dips deeper, stick to this line.
In a bull market, new assets are the windfall. Catching leading projects in the sector often yields more profit than chasing after second- or third-tier coins at high prices. Many people fear missing out and try to chase second- or third-tier dragons, only to get caught in traps. The truly leading projects have huge potential; if you think you’ve missed out, you’re actually still halfway up the mountain—this is a harsh truth.
$BTC and $ETH are always the foundation of a reasonable allocation—small proportions for new opportunities, large proportions for core assets. This approach can withstand different market cycles.