The Heartfelt Advice of an "Old Village Elder": Maintaining a Steady Mindset Is the Ultimate Weapon in the Crypto Market

In the cryptocurrency market, what causes people to lose the fastest is not lack of knowledge, nor is it necessarily choosing the wrong coin, but rather losing control of their emotions. Discipline is not only for managing trading orders but also for managing oneself. Only when you keep a clear mind can you preserve profits. I often tell newcomers: K-line can make you dizzy, news can make you fluctuate, but the most difficult beast to tame is right in your head – that is emotions. If you can control your emotions, no matter how volatile the market is, it won’t break you. But if you let emotions lead you, no matter how perfect your buy-sell points are, profits will slip through your fingers. These are not empty theories. I have paid a high price with a lot of money and sleepless nights to truly understand this. New Psychology Is the Key to Who Stays Until the End I remember once when the market crashed hard, I was sitting having hotpot with a brother who had survived three bull-bear cycles. He calmly said: “Everyone can see the trend, but standing firm is the real skill.” At that time, I didn’t fully understand. Later, after repeatedly stumbling myself, I realized: Most traders don’t lose because of the market but because of their own psychology. A few percentage increase in price makes them think they are investment geniuses. A slight decrease causes panic, thinking crypto is about to “collapse.” Every day glued to the screen, buying and selling wildly, but never asking themselves: When should I act? When should I stay still? I went from a novice to today, not thanks to any divine indicator, but thanks to some very “rustic” principles that have saved my account many times. Today, I share them again in hopes that you won’t have to pay as much tuition.

  1. Start with “Laziness”: Don’t Rush to Be a Hero When the market starts heating up, everyone’s hands itch. But honestly, that’s the most error-prone phase. The trend isn’t clear, information is chaotic, and FOMO appears everywhere. In such times, I prefer to take small positions to test the waters, or even do nothing, just sit back and observe. Wait until the trend is truly clear, the money flow confirms, then gradually increase your position. This approach is slow but much safer than rushing in and becoming someone who “holds others’ bags.”
  2. Sideways Market Reflects True Nature Sideways movement at low prices is usually accumulation. Sideways at high prices often means looking for someone to carry the load. Distinguishing these two states helps you avoid most traps. Don’t underestimate sideways phases. The market is giving you time to think and plan. Wasting that time is pushing yourself into a passive position.
  3. When Prices Surge, Know When to Lock in Profits; Saving Money Is Winning Strong price increases always trigger greed. But those vertical surges are often the most dangerous. I’ve seen too many people chase the top because they think “it will go higher.” Conversely, during sharp sell-offs, if you understand the underlying reasons, it can sometimes be a good opportunity to buy at a better price. Remember this very important rule: The crazier the market, the more you need to stay calm. The more fearful the market, the more selective and cool-headed you must be.
  4. Always Go Against “Red-Eyed Disease” I set a strict rule for myself: Red candles are for considering buying; green candles mean thinking about selling or reducing your position. It sounds counterintuitive and is initially very uncomfortable. But after sticking with it long enough, I realize it’s extremely effective. When others panic, I stay calm and make my choices. When the crowd is euphoric, I quietly withdraw some funds.
  5. Choose the Right Timing, Don’t Stare at the Screen All Day In the morning, the market is often prone to panic; quick drops can sometimes be opportunities to accumulate. In the afternoon or evening, prices often rebound, making it suitable to find exit points. No rule is 100% correct, but understanding these movement patterns will increase your chances of winning. More importantly, don’t become a slave to the price chart. Eat when it’s time to eat, sleep when it’s time to sleep – a clear mind makes the right decisions. Conclusion: Technique Cannot Save Those Without Discipline After many years in the game, I believe more and more that the difference between experts and long-term losers isn’t in technique but in the ability to follow a plan amid chaos. Knowing when not to act is even more important than knowing when to enter a trade. Mastering this allows you to truly belong to the minority that survives long-term in the market. The market is always changing, but if your psychology isn’t solid, you will eventually give back everything you’ve earned. Turn these experiences into your own trading rules. When real opportunities come, you’ll be calm enough to seize them. Keep your mindset steady, and the market will naturally make way. Follow @blogtienso for more practical insights, crypto knowledge, and directional entry-exit points. Learning is your greatest asset in this market.
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