Crypto circles are never short of opportunities; what’s lacking are people who can survive until tomorrow.
Some time ago, a friend came to me with an account balance of only $3,000 and a loss of over 80%. He looked desperate, saying he felt targeted by the market, constantly chasing highs and selling lows, missing countless opportunities. I told him one thing—understand the game rules first, then talk about making money. Anyone who doesn’t know how a casino operates will eventually get wiped out.
I’ve been navigating this market for many years, witnessing several bull and bear cycles. I wouldn’t call myself an expert, just someone who’s survived. Today, I want to share some real insights from these years, based solely on practical experience, for reference only.
**Priority of Rules is the Highest; This is the First Hurdle**
The most common mistake is jumping in with the mindset of going all-in to get rich quickly, filled with stories of doubling your money, while having no understanding of the underlying logic of the market. Spot trading, futures, mining, Launchpad… each path has vastly different risk-reward characteristics and timeframes.
People often get excited when they hear about futures doubling overnight, but they never consider how quickly a margin call can happen with high leverage. From my observations, those who truly last long in this market are the ones who spend time studying the game rules.
I set a strict rule for myself: don’t invest if you don’t understand, don’t trade if you’re not familiar. If you don’t understand what problem a project solves or how its token model is designed, then this isn’t investing—it’s pure gambling.
**Six Core Practical Strategies: Grasp the True Rhythm of the Market**
Technical indicators are everywhere, but what really helps me make money are some simple market principles. These rules aren’t 100% accurate, but over the long term, they are effective. The key is patience—don’t let short-term candlestick fluctuations affect your mindset. Learn to wait, learn to cut losses, learn to stay calm amid panic—these are more effective than any advanced tactics.
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.
6 Likes
Reward
6
4
Repost
Share
Comment
0/400
Deconstructionist
· 4h ago
Basically, it's about mindset and discipline. Most people die from greed. Most of my friends who got liquidated were all-in players. Going all-in in one shot is really exciting but also leads to quick death.
View OriginalReply0
NotFinancialAdvice
· 4h ago
Haha, 3000U is still holding on, but I think it's quite tough. The market is just so realistic.
Hey, wait, "Don't invest if you don't understand" is not wrong, but the ones who actually lose money are the most obedient group.
Contract doubling? All I see are tragic stories of liquidation.
Surviving a bull and bear cycle is indeed not easy, but I think most people won't make it to the next cycle.
View OriginalReply0
ForkMaster
· 4h ago
Oh, I love to hear that. The buddy with 3000U should have woken up long ago. chasing gains and selling losses is just a suicidal rhythm.
I used to lose money like that in the early days. Now my daily routine of raising three kids is just watching the market to see who gets liquidated again. Honestly, it's because I didn't understand the risks of contract trading.
Not understanding and not investing is indeed the truth, but the key is that most people simply can't stay idle. That's the difference between newcomers and those who survive.
View OriginalReply0
HorizonHunter
· 4h ago
Really, I've seen too many cases of 3000U turning into 300... Living is harder than making money.
The dream of doubling overnight will eventually be paid back.
If you don't understand the rules, go all-in—purely suicidal investing.
Patience and stop-loss are truly the moat.
Stories of contract doubling are all suicide notes.
Crypto circles are never short of opportunities; what’s lacking are people who can survive until tomorrow.
Some time ago, a friend came to me with an account balance of only $3,000 and a loss of over 80%. He looked desperate, saying he felt targeted by the market, constantly chasing highs and selling lows, missing countless opportunities. I told him one thing—understand the game rules first, then talk about making money. Anyone who doesn’t know how a casino operates will eventually get wiped out.
I’ve been navigating this market for many years, witnessing several bull and bear cycles. I wouldn’t call myself an expert, just someone who’s survived. Today, I want to share some real insights from these years, based solely on practical experience, for reference only.
**Priority of Rules is the Highest; This is the First Hurdle**
The most common mistake is jumping in with the mindset of going all-in to get rich quickly, filled with stories of doubling your money, while having no understanding of the underlying logic of the market. Spot trading, futures, mining, Launchpad… each path has vastly different risk-reward characteristics and timeframes.
People often get excited when they hear about futures doubling overnight, but they never consider how quickly a margin call can happen with high leverage. From my observations, those who truly last long in this market are the ones who spend time studying the game rules.
I set a strict rule for myself: don’t invest if you don’t understand, don’t trade if you’re not familiar. If you don’t understand what problem a project solves or how its token model is designed, then this isn’t investing—it’s pure gambling.
**Six Core Practical Strategies: Grasp the True Rhythm of the Market**
Technical indicators are everywhere, but what really helps me make money are some simple market principles. These rules aren’t 100% accurate, but over the long term, they are effective. The key is patience—don’t let short-term candlestick fluctuations affect your mindset. Learn to wait, learn to cut losses, learn to stay calm amid panic—these are more effective than any advanced tactics.