Many people enter the crypto market with the first dream of getting rich quickly, but reality is often harsh—staying up late monitoring the market, chasing gains and selling losses, liquidation, insomnia—I've experienced all these pitfalls. Until one day I realized a simple truth: **Trading cryptocurrencies is never about impulse and luck, but about strict discipline**.
Treat trading as a job, and this mindset shift gradually stabilized my profits. Today, I want to share my practical insights from these years.
## Timing is Key
During the day, market news is everywhere, and K-line fluctuations are unpredictable, making it easy to get cut. Conversely, at night, most news has been digested, and the trend becomes clearer. My experience is that **trading after 9 PM has a higher win rate**, as market sentiment is relatively stable at this time.
## Take profits immediately
Suppose you make 1000U, don’t think about keeping it all to continue gambling—this is a common sign of impending liquidation. My approach is to withdraw 300U first, and only then continue to participate in the game. It sounds conservative, but this habit can help you survive longer. Many people are greedy, and a small correction can wipe out their gains.
## Indicators speak, feelings take a back seat
Tools like MACD, RSI, Bollinger Bands on TradingView are not decorations. Before entering a trade, you should see at least two signals agree before acting. Relying on feelings to place orders is the fastest way to liquidation. Technical indicators are like GPS in trading—following them is always correct.
## Dynamic thinking on stop-loss
When you can monitor the market, raise your stop-loss as the price rises. When you can’t watch all the time, set a hard stop-loss of 3% to prevent sudden crashes. Stop-loss is not a failure; it’s a way to protect your capital.
## The numbers in your account are not real money
Many people are resistant to withdrawals, thinking that the money in their account can still appreciate. But the reality is that the account balance is just paper wealth—**only when you withdraw to your bank card is it real money**. My habit is to withdraw 30%-50% of each profit, don’t expect to double everything.
## Chart reading has skills
For short-term trading, watch the 1-hour chart; two consecutive bullish candles can signal a buying opportunity. When encountering sideways markets, switch to the 4-hour chart to find support levels; approaching support is a good entry point. Different timeframes have different rhythms, understanding them can save you many detours.
## The four forbidden zones
**Heavy position with high leverage** — this is suicidal; **Strange altcoins** — risk cannot be assessed; **More than 3 trades per day** — frequent trading only increases errors; **Borrowing money to trade** — once you lose, you have no chance to recover.
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In the end, the crypto market is not a playground for adventurers, but a place where you **must treat it as a serious job**. Operating on time, resting as scheduled, strictly following rules—these can actually help you make steady profits. This is not conservatism; it’s wisdom.
I’ve been on this path for several years, stepping through countless pitfalls to understand the rules. I hope this can help those who are already in or about to enter the space. If you have questions or want to share practical experience, feel free to leave a comment below.
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SchrodingerProfit
· 14h ago
Honestly, I have the most experience with the saying "cash in hand is the safest." How many times have I failed because of greed?
It feels much more reliable than relying solely on indicators; entering trades purely based on intuition is just gambling.
After 9 o'clock is really more stable; I basically don't touch trades during the day.
Those who borrow money to trade cryptocurrencies really need to wake up; this is the fastest way to go bankrupt.
Withdrawal is critical; account balances are too illusory.
More than three trades a day and things start to get chaotic; the error rate skyrockets.
High leverage traders all end up badly; I've seen too many cases.
The term "paper wealth" is spot on, highlighting the pain points of many people.
Technical indicators are indeed a moat for trading.
There are too many scams in altcoins; sticking to mainstream coins is the safest approach.
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TokenVelocityTrauma
· 14h ago
That's so true. I'm the kind of person who sees a high account balance and just wants to go all in. As a result, a single pullback took me back to the Stone Age haha.
Discipline is definitely a hurdle, even more difficult than technical skills.
I'll try placing orders after 9 o'clock; I've been a bit annoyed by being stopped out during the day lately.
Withdrawing 50% has really saved me many times. I no longer even look at the numbers in my account.
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AlwaysMissingTops
· 14h ago
Well... I’ve tried placing orders after 9 o’clock, and it’s indeed much more stable than during the day.
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You’re absolutely right about withdrawals; account numbers are really just virtual.
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The biggest fear with stop-loss is being careless; always wanting to hold on a bit longer, and then it’s gone.
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There are too many bloody lessons from altcoins; now I only deal with mainstream ones.
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Placing more than 3 orders a day is asking for trouble; I used to blow up like that before.
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Discipline is more important than any indicator, well said.
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That’s what they say, but when the market goes crazy, it’s hard to control your hands.
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Borrowing money to trade crypto is really a sign of a problem; losing a lifetime’s worth of money and still can’t recover.
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Just two bullish candles on the 1-hour chart and you dare to get in? That still feels risky.
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I knew about this setup last year, but the key is execution; most people get caught up in greed and fail.
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Making 300 and withdrawing 300 sounds conservative, but actually, the ones who survive the longest are this group.
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GateUser-c802f0e8
· 14h ago
Well said. I have deep experience with discipline; I previously got liquidated directly because of greed.
I especially agree with the withdrawal point. The account numbers are really fake; only the withdrawal counts as valid once processed.
I've also tried placing orders after 9 PM, and it is indeed more stable than during the day, with fewer sudden message interruptions.
Borrowing money to trade cryptocurrencies is truly dangerous. I've seen too many people unable to turn their situation around because of it.
The limit of three orders per day may seem strict, but it really helps prevent many mistakes.
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VirtualRichDream
· 14h ago
Haha, another article full of truths that everyone agrees with but just can't do.
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Withdrawing is definitely a sore point; having a paper wealth of 1 million in your account is really less practical than having 100,000 in cash in your pocket.
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Is the success rate higher after 9 o'clock? I’ve been hammered so hard during the day that I can’t find my bearings, so I might as well just stop trading.
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I've stepped on all four of those forbidden zone rules, now I just want to ask, can I still turn things around, buddy?
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The most heartbreaking thing isn't the strategy but execution. Anyone can talk about discipline.
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Setting a 3% stop-loss sounds simple, but as soon as the market dips, I start to waver. Maybe I’m just too bad at this.
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Trading crypto as a job? My salary hasn't even come close to my liquidation losses.
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I really can't bring myself to withdraw 30-50%; I just want to gamble for that doubling feeling.
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Looking at your experience post makes me want to laugh. If I really followed that method, I’d be financially free by now.
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I've tried the indicator consistency entry trick, but the market never plays by the rules.
Many people enter the crypto market with the first dream of getting rich quickly, but reality is often harsh—staying up late monitoring the market, chasing gains and selling losses, liquidation, insomnia—I've experienced all these pitfalls. Until one day I realized a simple truth: **Trading cryptocurrencies is never about impulse and luck, but about strict discipline**.
Treat trading as a job, and this mindset shift gradually stabilized my profits. Today, I want to share my practical insights from these years.
## Timing is Key
During the day, market news is everywhere, and K-line fluctuations are unpredictable, making it easy to get cut. Conversely, at night, most news has been digested, and the trend becomes clearer. My experience is that **trading after 9 PM has a higher win rate**, as market sentiment is relatively stable at this time.
## Take profits immediately
Suppose you make 1000U, don’t think about keeping it all to continue gambling—this is a common sign of impending liquidation. My approach is to withdraw 300U first, and only then continue to participate in the game. It sounds conservative, but this habit can help you survive longer. Many people are greedy, and a small correction can wipe out their gains.
## Indicators speak, feelings take a back seat
Tools like MACD, RSI, Bollinger Bands on TradingView are not decorations. Before entering a trade, you should see at least two signals agree before acting. Relying on feelings to place orders is the fastest way to liquidation. Technical indicators are like GPS in trading—following them is always correct.
## Dynamic thinking on stop-loss
When you can monitor the market, raise your stop-loss as the price rises. When you can’t watch all the time, set a hard stop-loss of 3% to prevent sudden crashes. Stop-loss is not a failure; it’s a way to protect your capital.
## The numbers in your account are not real money
Many people are resistant to withdrawals, thinking that the money in their account can still appreciate. But the reality is that the account balance is just paper wealth—**only when you withdraw to your bank card is it real money**. My habit is to withdraw 30%-50% of each profit, don’t expect to double everything.
## Chart reading has skills
For short-term trading, watch the 1-hour chart; two consecutive bullish candles can signal a buying opportunity. When encountering sideways markets, switch to the 4-hour chart to find support levels; approaching support is a good entry point. Different timeframes have different rhythms, understanding them can save you many detours.
## The four forbidden zones
**Heavy position with high leverage** — this is suicidal;
**Strange altcoins** — risk cannot be assessed;
**More than 3 trades per day** — frequent trading only increases errors;
**Borrowing money to trade** — once you lose, you have no chance to recover.
---
In the end, the crypto market is not a playground for adventurers, but a place where you **must treat it as a serious job**. Operating on time, resting as scheduled, strictly following rules—these can actually help you make steady profits. This is not conservatism; it’s wisdom.
I’ve been on this path for several years, stepping through countless pitfalls to understand the rules. I hope this can help those who are already in or about to enter the space. If you have questions or want to share practical experience, feel free to leave a comment below.