Eight years ago, a girl from Fujian entered the market with only 20,000 savings. From suffering heavy losses and sleepless nights to being on the brink of collapse, she stuck to a strict set of rules and steadily turned things around.
Now she owns three houses and a Porsche, relying not on luck but on the discipline and perseverance forged over two thousand days and nights.
These are the blood and tears lessons distilled from countless liquidations; almost everyone who loses money falls into these four traps.
The first trap: Frequent trading. $SIREN
Many people treat the cryptocurrency market like a casino, thinking that "holding no position means losing money." They watch the K-line and jump in and out dozens of times a day, seemingly capturing volatility, but after accounting for fees and slippage, their capital shrinks by 30%. Real opportunities require waiting; the more you want to "make a little more," the easier it is for the market to play you.
The second trap: Heavy positions and high leverage.
Many people hold a mindset of "betting big to turn things around," putting 80% of their capital into one cryptocurrency while using 10-20 times leverage. I know an old acquaintance who made several times his investment through leverage, but later went all in on altcoins; the project team ran away overnight, and he lost everything. Leverage can amplify profits, but it can also amplify losses—if the market moves against you by 5%, you could lose everything overnight.
The third trap: Taking small profits and holding on to big losses. $ONT
This is the most common psychological trap. They rush to secure a 5% profit but stubbornly hold onto a 30% loss, waiting for a rebound. Some even increase their position when they breach a critical level, ultimately losing 80% of their capital, missing any chance to recover. The market doesn't fear you taking profits too early; it fears you taking losses too late.
The fourth trap: Not setting stop-losses.
Too many people trade based on feelings, failing to plan for risks in advance, thinking that "the market will move as they wish." But there are no certain trends in the cryptocurrency market; a piece of bad news or a market crash can halve your position instantly. Not setting stop-losses is like driving without a seatbelt—usually safe, but a single accident can be fatal.
The ones who survive around me almost all treat "stop-loss" as a strict rule. Even if they occasionally get shaken out, it's better than facing liquidation.
In the end, the logic of making money in the cryptocurrency market is not complex:
Minimize ineffective trading, stay away from high leverage, learn to take profits and cut losses, and respect risks. #特朗普希望尽快结束对伊朗战争
If you protect your capital, you will have the chance to wait for profits.
It's a pleasure to meet everyone; Sister Yan focuses on contract and spot ambushes. The team still has spots available, so hop on board and become a dealer, and also a winner.