#美SEC促进加密资产创新监管框架 I've been in the crypto space for a full ten years, and today I want to share the pitfalls I've encountered and the insights I've gathered over the years. I run through these takeaways in my mind every time before opening a position—they've helped me survive through several rounds of major crashes.
First, here's something a lot of people overlook—don't just stare at the daily chart and rush in. When I trade short-term now, I always check the 30-minute timeframe, and I only make a move after confirming the overall market is stabilizing. Sometimes you see a coin with a long upper shadow and think it's done for, but the next day it suddenly pumps hard. If you switch to the 30-minute chart, you can actually see what the capital is doing.
Next is the topic of hot trends. If a coin isn't in the spotlight, I'd rather stay in cash than touch it. There's only so much money in the market—if funds aren't flowing in your direction, even the best technical setup is meaningless.
Here's a hard lesson—never try to guess the bottom. You keep thinking, "This time it should be in," but then the big players do another deep shakeout. Price always moves in the direction of least resistance. Once you understand this, you'll know whether to chase the pump or try to catch the bottom.
Regarding market rhythm, I have one rule: when the trend and market structure look off, taking even one more glance just means trouble. Going with the trend might sound cliché, but 90% of losses in the market come from going against it.
Before picking a coin, figure out the big picture first. If your direction is wrong, even the most precise individual coin analysis is a waste of effort. You can listen to others' opinions, but the final decision has to go through your own mind—no one’s money falls from the sky.
Finally, here's a golden rule I've proven countless times: after a big win or big loss, force yourself to go to cash and cool down. Review the whole process again, figure out how the money was made or lost, and your success rate on the next trade can shoot above 90%. This trick has saved me many times.
In trading, impulsiveness is your biggest enemy. Every entry should be based on a plan, not just because a chart pattern at the moment makes you itchy to trade. Remember: trade your plan, plan your trade. Surviving longer is more important than making money fast.
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ForkThisDAO
· 6h ago
The ramblings of a ten-year crypto veteran—it sounds good, but most people know the principles yet just can't follow them.
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FloorPriceWatcher
· 12-05 14:20
Ten years of experience, and every word is true—especially that "don't try to guess the bottom" lesson. I've lost money way too many times because of it.
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BlockchainRetirementHome
· 12-05 04:59
Ten years of hard lessons, just summed up as "don't try to catch the bottom" and "follow the trend"? I feel like I heard these principles years ago... But it's true—looking back, the trades I lost the most on were all when I stubbornly went against the trend. Kind of hits home.
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GasFeeTears
· 12-05 04:58
A veteran investor of ten years is absolutely right, but I have to question the suggestion about the 30-minute chart. I think it still depends on the specific market situation.
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AlwaysQuestioning
· 12-05 04:50
After all is said and done, it still comes down to the old saying—the ones who follow the rules survive the longest.
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JustAnotherWallet
· 12-05 04:49
A crypto veteran with ten years of experience shares their story: I've heard this theory so many times that my ears are calloused, but it really does work... The problem is, how many people can actually stay calm and hold no positions?
#美SEC促进加密资产创新监管框架 I've been in the crypto space for a full ten years, and today I want to share the pitfalls I've encountered and the insights I've gathered over the years. I run through these takeaways in my mind every time before opening a position—they've helped me survive through several rounds of major crashes.
First, here's something a lot of people overlook—don't just stare at the daily chart and rush in. When I trade short-term now, I always check the 30-minute timeframe, and I only make a move after confirming the overall market is stabilizing. Sometimes you see a coin with a long upper shadow and think it's done for, but the next day it suddenly pumps hard. If you switch to the 30-minute chart, you can actually see what the capital is doing.
Next is the topic of hot trends. If a coin isn't in the spotlight, I'd rather stay in cash than touch it. There's only so much money in the market—if funds aren't flowing in your direction, even the best technical setup is meaningless.
Here's a hard lesson—never try to guess the bottom. You keep thinking, "This time it should be in," but then the big players do another deep shakeout. Price always moves in the direction of least resistance. Once you understand this, you'll know whether to chase the pump or try to catch the bottom.
Regarding market rhythm, I have one rule: when the trend and market structure look off, taking even one more glance just means trouble. Going with the trend might sound cliché, but 90% of losses in the market come from going against it.
Before picking a coin, figure out the big picture first. If your direction is wrong, even the most precise individual coin analysis is a waste of effort. You can listen to others' opinions, but the final decision has to go through your own mind—no one’s money falls from the sky.
Finally, here's a golden rule I've proven countless times: after a big win or big loss, force yourself to go to cash and cool down. Review the whole process again, figure out how the money was made or lost, and your success rate on the next trade can shoot above 90%. This trick has saved me many times.
In trading, impulsiveness is your biggest enemy. Every entry should be based on a plan, not just because a chart pattern at the moment makes you itchy to trade. Remember: trade your plan, plan your trade. Surviving longer is more important than making money fast.