Having been in the crypto market for so long, I've seen many scenarios. Today, I won't beat around the bush; I'll share some practical insights.
This market plays out the drama of "getting rich overnight, losing everything the next day" every day. Contract trading may seem like trading, but in essence, it's even more brutal than a casino. What I want to emphasize is not how to get rich overnight, but how to survive longer here.
**Tip 1: Lock in profits to ensure they are yours**
Paper unrealized gains? That's not making money; that's paying tuition to the market. I've seen too many people show large profits on their accounts, only to end up losing everything. How quickly does the market change? Faster than your reaction time.
My habit is this: once profits exceed 20%, withdraw the principal immediately. Let the rest run. This way, even if the market reverses later, it won't hurt your core capital. Think about it—opportunities are plentiful in the market; what’s truly scarce is the principal still in the game.
**Tip 2: Stay alert during crazy market swings**
Rapid rises and falls are the easiest to ignite impulsive behavior. Those who truly profit from the market are often not the ones chasing the rally but the ones waiting calmly. What are they waiting for? For pullbacks, for rhythm, for things to stabilize.
Recently, Bitcoin surged 20% in half an hour, and the group was filled with "FOMO" (fear of missing out) voices. I just sat and watched. What happened next? An hour later, the price retraced to a key support level—that was my entry point. Chasing the rally and panic selling are routines for beginners.
**Tip 3: Don't rush to open a position without understanding the trend**
A trade without logic is gambling. If you haven't clarified the overall trend, how can you expect to make money? The first thing I do before opening each day is to judge: is this a rally, a decline, or a sideways movement?
If the structure is unclear and the direction isn't confirmed, I’d rather miss the opportunity than gamble recklessly. Because in the contract market, one mistake might be irreversible. Only trades with clear direction, support, and logic are worth your effort.
These three tips seem simple, but less than 10% of people can truly execute them. The market tests your psychological bottom every day, and the essence of trading is overcoming yourself.
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Deconstructionist
· 6h ago
Unrealized gains are just paper wealth, I deeply understand this point; only after experiencing losses do you truly understand.
That's right, beginners tend to chase the rise, but end up feeding the fish.
The core is mindset; most people fail at the greed hurdle.
Having your principal alive is more important than anything else. It's easy to say but really hard to do.
These three seemingly simple points are much harder to execute than they appear.
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LonelyAnchorman
· 6h ago
Being ruthless is ruthless, but I think the move to take 20% off the table is a bit conservative. I've seen quite a few people miss out on tenfold coins just like that.
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GweiTooHigh
· 6h ago
Playing it safe is definitely the right approach. I've seen too many cases where people make a few points on paper, only to have a black swan event wipe it all out.
Paper gains are all虚的; exchanges can crush you whenever they want.
Withdrawing principal at 20% profit is indeed稳, and the rest is just白赚.
FOMO群体真的活该被割; during大跌, they still喊抄底.
Sometimes, the most profitable move is to do nothing.
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BlockchainFries
· 6h ago
That's right, but most people just won't listen. I would just run at 20% now, and the rest can do as they please.
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AirdropChaser
· 6h ago
That's right, too many people die at the greed hurdle. I also learned the hard way after losing several times that unrealized gains don't count.
Paper wealth is the easiest to deceive, I've seen too many accounts with millions suddenly wiped out. I need to remember the 20% take-profit approach.
This wave of the market is indeed testing human nature, not technical skills. The truly seasoned are those who quietly make money.
The key is to have patience; FOMO is the most expensive.
View OriginalReply0
BackrowObserver
· 6h ago
The move to secure profits is truly brilliant. I just didn't execute it, and that's why I lost. The unrealized gains on the books feel like a dream.
Having been in the crypto market for so long, I've seen many scenarios. Today, I won't beat around the bush; I'll share some practical insights.
This market plays out the drama of "getting rich overnight, losing everything the next day" every day. Contract trading may seem like trading, but in essence, it's even more brutal than a casino. What I want to emphasize is not how to get rich overnight, but how to survive longer here.
**Tip 1: Lock in profits to ensure they are yours**
Paper unrealized gains? That's not making money; that's paying tuition to the market. I've seen too many people show large profits on their accounts, only to end up losing everything. How quickly does the market change? Faster than your reaction time.
My habit is this: once profits exceed 20%, withdraw the principal immediately. Let the rest run. This way, even if the market reverses later, it won't hurt your core capital. Think about it—opportunities are plentiful in the market; what’s truly scarce is the principal still in the game.
**Tip 2: Stay alert during crazy market swings**
Rapid rises and falls are the easiest to ignite impulsive behavior. Those who truly profit from the market are often not the ones chasing the rally but the ones waiting calmly. What are they waiting for? For pullbacks, for rhythm, for things to stabilize.
Recently, Bitcoin surged 20% in half an hour, and the group was filled with "FOMO" (fear of missing out) voices. I just sat and watched. What happened next? An hour later, the price retraced to a key support level—that was my entry point. Chasing the rally and panic selling are routines for beginners.
**Tip 3: Don't rush to open a position without understanding the trend**
A trade without logic is gambling. If you haven't clarified the overall trend, how can you expect to make money? The first thing I do before opening each day is to judge: is this a rally, a decline, or a sideways movement?
If the structure is unclear and the direction isn't confirmed, I’d rather miss the opportunity than gamble recklessly. Because in the contract market, one mistake might be irreversible. Only trades with clear direction, support, and logic are worth your effort.
These three tips seem simple, but less than 10% of people can truly execute them. The market tests your psychological bottom every day, and the essence of trading is overcoming yourself.