Meet an experienced veteran who has been navigating the crypto world for many years. He started with 10,000 and eventually built an eight-figure asset portfolio. This is not an isolated case, but his success is definitely not due to luck. During a chat, he once said something I’ve always remembered: "The crypto space is an explosion of information, noise every day, but as long as you can control your emotions, this becomes your cash machine."
This statement sounds simple, but behind it are lessons built with real money. I later realized that surviving fluctuations in projects like $IDEX and $ZKP relies not on secret tricks or being smarter than others, but on whether you can keep your mindset stable. When your mindset is steady and your direction is correct, the market will naturally make way.
He shared several practical insights, which I think are worth noting:
**Don’t panic when entering the market.** Many people start out thinking they can make big money quickly, and that’s a mistake. The crypto world isn’t a 100-meter dash; it’s a long-distance run. First, try with small amounts to feel the market rhythm, and wait until the trend is clear before increasing your position. The more eager you are to make money, the faster you’ll lose it — this is an iron law.
**Don’t be idle during sideways consolidation.** Many dislike periods of flat market movement, thinking there’s no opportunity. In fact, sideways oscillations are the market brewing, and are a good time for observation. A sudden drop after a low-level consolidation? It could be a trap to induce selling. A shakeout after a high-level oscillation? Usually a sign of a trap to induce buying. Knowing where support and resistance levels are helps you find certainty in choppy markets.
**Panic and greed are two extremes.** The hardest parts of human nature to overcome are these two. During sharp rallies, reduce your positions gradually; during sharp drops, look for opportunities. Patience during sideways movement is the real test — acting too frequently is less effective than staying calm. Before others act, stay steady.
**Entry and exit points require contrarian thinking.** Buying on red candles, selling on green candles might seem counterintuitive, but that’s the logic. Be cautious when others are greedy, and look for opportunities when others are fearful. Don’t panic during big dips in the morning, and don’t chase highs during big surges. Operating near emotional turning points is more reliable than blindly following the crowd.
**Survival is the key.** Perhaps the most important — never go all-in, build positions gradually, set strict stop-losses, and take profits in stages. Even in seemingly calm markets, hidden currents are flowing; always leave yourself room to maneuver.
These principles sound simple, but behind each one are lessons learned from losing money. Learn to stay calm, learn to wait — opportunities in the crypto space are never lacking. The real issue is whether you have the discipline to seize them.
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DAOdreamer
· 6h ago
Exactly right, it's all about survival. I used to be in a rush to make quick money, which resulted in losing half of my principal. Now I’ve stabilized.
Mindset is truly the biggest lesson; it seems like chicken soup but actually hits the heart.
Full position trading really can be deadly, I’ve learned that.
When others are chasing highs, I just sit back and enjoy tea—this feeling is great.
It’s really about self-discipline, no other secret, but most people can’t do it.
Consolidation periods are the most torturous, but this is when the best opportunities arise, I agree.
This guy with eight figures is really impressive; just surviving as an ordinary person is already good.
No matter how much you talk about mindset, it’s useless; you have to fall and get back up yourself to truly understand.
Building positions gradually and selling gradually—this fundamental approach is often overlooked by many.
The biggest fear in the crypto world isn’t losing money, but losing funds afterward and being unable to continue participating—that’s the real trick.
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PoetryOnChain
· 01-14 18:51
Exactly right, the key is the mindset. How many people fall for greed? I also have friends who went all-in and ended up out of the game directly.
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ZenChainWalker
· 01-14 18:50
That's right, mindset really determines everything. I'm the kind of person who rushes to make money and ends up losing the most. Only now do I understand what "staying alive is the most important" means.
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RektRecorder
· 01-14 18:48
That's right, mindset is really the dividing line. I've seen too many people go all-in and then drop out immediately.
Full position is suicide, I mean it.
Sideways trading tests people's patience the most; most people can't sit still.
If you can't control your emotions, then don't play—that's the truth.
Counter-trend trading is indeed difficult, but you can only make money if you survive.
Turning 10,000 into hundreds of thousands sounds easy, but they've definitely lost blood behind it.
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fren.eth
· 01-14 18:46
That's so right. I'm the kind of person who rushes to make money and ends up losing the fastest. Only now do I realize how crucial controlling your mindset is.
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That's why most people lose money. Really, discipline is a thousand times more important than technique.
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I'm most likely to panic and trade during sideways markets. After watching this, I immediately understood what "not trading is more skillful than trading" means.
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The days when I was fully invested really scared me. Now, building positions in strict batches feels much more secure.
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The hardest part of reverse thinking is staying calm when everyone else is chasing. This really requires having suffered losses.
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Starting from ten thousand to reach eight figures—that's how I began. So, surviving is truly the hardest step.
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Why do I have to lose for two years to understand such a simple principle? Sigh.
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I'm not doing well enough in closing positions gradually. I always want to earn more and give back the profits.
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Emotional management is really the biggest boss in the crypto world. It's much more difficult than technical analysis.
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This guy's term "ATM" is a bit harsh, but it really shows that mindset determines everything.
View OriginalReply0
GateUser-40edb63b
· 01-14 18:35
That's right, mindset really can determine life or death. But I still believe that knowing these principles and actually being able to do them are two different things...
Meet an experienced veteran who has been navigating the crypto world for many years. He started with 10,000 and eventually built an eight-figure asset portfolio. This is not an isolated case, but his success is definitely not due to luck. During a chat, he once said something I’ve always remembered: "The crypto space is an explosion of information, noise every day, but as long as you can control your emotions, this becomes your cash machine."
This statement sounds simple, but behind it are lessons built with real money. I later realized that surviving fluctuations in projects like $IDEX and $ZKP relies not on secret tricks or being smarter than others, but on whether you can keep your mindset stable. When your mindset is steady and your direction is correct, the market will naturally make way.
He shared several practical insights, which I think are worth noting:
**Don’t panic when entering the market.** Many people start out thinking they can make big money quickly, and that’s a mistake. The crypto world isn’t a 100-meter dash; it’s a long-distance run. First, try with small amounts to feel the market rhythm, and wait until the trend is clear before increasing your position. The more eager you are to make money, the faster you’ll lose it — this is an iron law.
**Don’t be idle during sideways consolidation.** Many dislike periods of flat market movement, thinking there’s no opportunity. In fact, sideways oscillations are the market brewing, and are a good time for observation. A sudden drop after a low-level consolidation? It could be a trap to induce selling. A shakeout after a high-level oscillation? Usually a sign of a trap to induce buying. Knowing where support and resistance levels are helps you find certainty in choppy markets.
**Panic and greed are two extremes.** The hardest parts of human nature to overcome are these two. During sharp rallies, reduce your positions gradually; during sharp drops, look for opportunities. Patience during sideways movement is the real test — acting too frequently is less effective than staying calm. Before others act, stay steady.
**Entry and exit points require contrarian thinking.** Buying on red candles, selling on green candles might seem counterintuitive, but that’s the logic. Be cautious when others are greedy, and look for opportunities when others are fearful. Don’t panic during big dips in the morning, and don’t chase highs during big surges. Operating near emotional turning points is more reliable than blindly following the crowd.
**Survival is the key.** Perhaps the most important — never go all-in, build positions gradually, set strict stop-losses, and take profits in stages. Even in seemingly calm markets, hidden currents are flowing; always leave yourself room to maneuver.
These principles sound simple, but behind each one are lessons learned from losing money. Learn to stay calm, learn to wait — opportunities in the crypto space are never lacking. The real issue is whether you have the discipline to seize them.