Why do most people end up empty-handed after messing around in the crypto market?
Ultimately, it boils down to this: the vast majority are trading based on emotions, while their money is bleeding out on their behalf.
Having been in this market for years, I’ve realized a harsh truth—what determines whether you can make money isn’t how many explosive news you have or whether you can use some complex indicator, but whether there’s a gap between your cognition and your execution. Those who can truly grow their funds have learned this by stepping through these 6 pitfalls.
**The First Key: Trend is the Foundation of Everything**
Without a trend, there’s no market to speak of. Look at how the big players operate— they ride the trend, and when the market looks off, they immediately move into cash. They’d rather miss a trade than force a buy high or chase a bottom.
**The Second Pit: Chasing Weak Coins is a Time Killer**
What do strong coins look like? Steady gains, gentle pullbacks, continuous upward momentum. Weak coins may rebound occasionally, but essentially, they drain your time and mental energy. Instead of messing around in chaos, focus on the strong assets.
**The Third Test of Patience: Learn to Do Nothing**
Retail traders most often make the mistake of chasing the rally. True opportunities usually require waiting—waiting for a full correction, waiting for the pattern to stabilize before taking action. Forcing trades without understanding the situation is like throwing money into a fire.
**The Fourth Fatal Flaw: Not Holding and Waiting is a Waste of Money**
Buying in the right direction but being scared out by intermediate fluctuations is the most common way to lose. Before seeing clear top signals, don’t let emotions hijack your holdings.
**The Fifth Risk Point: Don’t Chase the Fish Tail**
Continuing to hold at high levels carries risks far greater than the rewards. When should you exit? When you’ve made enough profit, it’s time to close the position. Leave the rest of the cake for the next opportunity.
**The Sixth Must-Do: Realize Profits in Time**
The numbers in your account are just figures; real money should be converted into cash. Regularly taking profits gives you confidence in life, and keeps your trading mindset healthy.
**In the End**
Trend determines your direction, discipline determines your results. Opportunities in the crypto market are plentiful; what’s lacking is the resilience to stick through the tough times without getting washed out.
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WalletDoomsDay
· 17h ago
That's true, but most people simply can't change. I am a living example haha
View OriginalReply0
JustAnotherWallet
· 17h ago
Ultimately, it's still the two demons of greed and fear at play. I'm the kind of person who gets washed out multiple times...
View OriginalReply0
BlockchainArchaeologist
· 17h ago
Basically, it's just a mental breakdown and not keeping up with discipline.
View OriginalReply0
ApeEscapeArtist
· 18h ago
Basically, it's just being clueless. Those who are making money have already run away, and we're still sleepwalking there.
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airdrop_whisperer
· 18h ago
No matter how eloquently you put it, it’s useless. The key is to resist temptation; most people simply can't do it.
Why do most people end up empty-handed after messing around in the crypto market?
Ultimately, it boils down to this: the vast majority are trading based on emotions, while their money is bleeding out on their behalf.
Having been in this market for years, I’ve realized a harsh truth—what determines whether you can make money isn’t how many explosive news you have or whether you can use some complex indicator, but whether there’s a gap between your cognition and your execution. Those who can truly grow their funds have learned this by stepping through these 6 pitfalls.
**The First Key: Trend is the Foundation of Everything**
Without a trend, there’s no market to speak of. Look at how the big players operate— they ride the trend, and when the market looks off, they immediately move into cash. They’d rather miss a trade than force a buy high or chase a bottom.
**The Second Pit: Chasing Weak Coins is a Time Killer**
What do strong coins look like? Steady gains, gentle pullbacks, continuous upward momentum. Weak coins may rebound occasionally, but essentially, they drain your time and mental energy. Instead of messing around in chaos, focus on the strong assets.
**The Third Test of Patience: Learn to Do Nothing**
Retail traders most often make the mistake of chasing the rally. True opportunities usually require waiting—waiting for a full correction, waiting for the pattern to stabilize before taking action. Forcing trades without understanding the situation is like throwing money into a fire.
**The Fourth Fatal Flaw: Not Holding and Waiting is a Waste of Money**
Buying in the right direction but being scared out by intermediate fluctuations is the most common way to lose. Before seeing clear top signals, don’t let emotions hijack your holdings.
**The Fifth Risk Point: Don’t Chase the Fish Tail**
Continuing to hold at high levels carries risks far greater than the rewards. When should you exit? When you’ve made enough profit, it’s time to close the position. Leave the rest of the cake for the next opportunity.
**The Sixth Must-Do: Realize Profits in Time**
The numbers in your account are just figures; real money should be converted into cash. Regularly taking profits gives you confidence in life, and keeps your trading mindset healthy.
**In the End**
Trend determines your direction, discipline determines your results. Opportunities in the crypto market are plentiful; what’s lacking is the resilience to stick through the tough times without getting washed out.