Having navigated the crypto market for ten years, I’ve stepped on every pitfall imaginable—liquidations, deep traps, frequent stop-losses, making countless detours. In the end, what truly kept me alive wasn’t mastering complex technical analysis, but a simpler principle: instead of focusing on how much money to make, learn first how to lose less.



Market signals are actually quite clear. When the overall market is weak, those coins that resist declines are often backed by funds; these assets are worth paying close attention to. If the short-term trend doesn’t move as expected, decisively switch positions; if you judge incorrectly, cut losses immediately—there are plenty of opportunities, and the next wave will come.

The easiest way for beginners to go bankrupt is by trying to bottom-fish. In a downtrend, there’s no such thing as a “bottom”—that’s just a story you tell yourself. The relatively safer zones are actually those leading coins that have already broken out of the downtrend. Don’t get hung up on the price level; the key question is: are you on the right side of the trend?

After making money, be even more cautious. One or two profits might just be luck; the real skill is in repeatedly replicating a profitable model. When you haven’t thought things through, it’s okay to hold an empty position; there’s no shame in that. The real disaster is being restless, feeling the need to trade something, and wasting your money during sideways markets.

Honestly, winners in the crypto market rely not on courage, but on patience and self-discipline. Don’t be greedy, don’t force trades, don’t go against the trend—stick to these principles, and over time, the ones who last longer will naturally come out ahead.
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TopEscapeArtistvip
· 9h ago
Exactly right, but executing it is really damn difficult. I'm still debating whether a certain coin is at the bottom. Technically, the MACD is about to have a golden cross, but I keep thinking about how the last time I did this, it was cut in half... Forget it, I'll wait and see. Anyway, holding no position doesn't really cost anything, right?
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MetaverseVagrantvip
· 12-28 06:48
Really, the idea of bottom-fishing should have been abandoned long ago. I've seen many people die trying to bottom-fish. --- The phrase "holding no position is not shameful" hit me hard. I need to break the habit of being restless. --- After ten years of ups and downs, this conclusion still stands, indicating there's nothing fancy about it—survival is the hard truth. --- Compared to risk, leading coins really have ten thousand times less psychological pressure. No need to watch the charts every day to scare yourself. --- People who can't distinguish luck from skill are the biggest losers. I've only experienced a few wins before losing everything in one go. --- The saying "the trend is on the right side" is spot on. If the direction is wrong, even the strongest technical analysis is useless. --- The hardest thing is not to force it; always wanting to take a gamble repeatedly teaches you a lesson. --- Coins with strong support from funds look good from this angle, but it also depends on whether the trading volume matches. --- After reading this, I feel a bit hit hard. I realize I haven't even replicated the small amount of money I made once. --- Patience and self-discipline sound simple, but how many actually manage to do it?
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quietly_stakingvip
· 12-28 06:43
A ten-year veteran's words are all blood, sweat, and tears lessons. The part about bottom-fishing really hit me—how many times I thought I was catching a bargain, only to end up catching a bomb. Honestly, living is much harder than making money. If you haven't decided yet, stay out of the market—that phrase should be tattooed on your forehead. The trend being on the right side > the price being cheap—that ratio finally makes sense to me now.
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FlyingLeekvip
· 12-28 06:38
Still alive after ten years, which in itself is already winning half the battle. You really need to quit the bottom-fishing strategy; so many people have died because of it.
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BlockDetectivevip
· 12-28 06:31
Is this the conclusion after ten years of being a seasoned investor? Honestly, it's still about risk control. All that fancy technical analysis stuff can really be discarded.
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DAOdreamervip
· 12-28 06:29
Exactly right, a veteran of ten years speaks with a different perspective. I was previously caught in the trap of bottom-fishing, losing a lot, but now I've learned my lesson.
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Anon4461vip
· 12-28 06:24
Ten years of pitfalls sound harsh, but honestly, losing less money with this approach is indeed much more reliable than technical indicators.
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