Many people trading cryptocurrencies wonder why they can't make money. To be honest, it's not really an investment issue, but rather being driven by their own emotions. When prices go up, they get excited; when prices go down, they panic. Relying solely on feelings to operate, such accounts are unlikely to preserve their funds.
Trading cryptocurrencies boils down to these two things:
**1. Recognize the trend and execute properly**
Don't mess around when there's no trend. Look at those accounts with large sums—they make their money in clear trending markets. When there's no trend, stay in a safe position; don't trade frequently just for excitement, as this is the easiest way to deplete your capital.
**2. Choosing the right coins is more important than how you operate**
Strong coins with stable trends and small retracements are worth your time and effort. Those with price swings that look exciting are actually the easiest way to drain your account.
**A few key details:**
Opportunities are created, not chased. If there's no suitable entry point, stay in cash; holding cash itself is a trading discipline.
Once in the market, stay disciplined. If the market structure hasn't broken down, don't sell out in fear of a few candlesticks; if the price reaches a high, don't blindly believe it—take profits decisively when it's time, and don't hesitate.
Remember this last point—
Unrealized gains on paper are just illusions; only locking in profits truly counts. Don't let emotions control you—stick to your trading discipline. You may not get rich overnight, but you'll definitely surpass most traders.
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ImpermanentPhilosopher
· 18h ago
Closing a position is also trading. Many people just can't understand this, only thinking about making quick money.
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CryptoTarotReader
· 18h ago
Being out of the market is itself a trading discipline. That's a brilliant statement, but unfortunately 99% of people can't do it.
View OriginalReply0
GasFeeCrier
· 18h ago
Haha, that's right, it's just a matter of not being able to control the hands. Too many accounts are stuck chasing highs.
View OriginalReply0
NotAFinancialAdvice
· 18h ago
Going completely flat is really the hardest trading discipline. I've seen too many people who can't sit still and must trade.
Many people trading cryptocurrencies wonder why they can't make money. To be honest, it's not really an investment issue, but rather being driven by their own emotions. When prices go up, they get excited; when prices go down, they panic. Relying solely on feelings to operate, such accounts are unlikely to preserve their funds.
Trading cryptocurrencies boils down to these two things:
**1. Recognize the trend and execute properly**
Don't mess around when there's no trend. Look at those accounts with large sums—they make their money in clear trending markets. When there's no trend, stay in a safe position; don't trade frequently just for excitement, as this is the easiest way to deplete your capital.
**2. Choosing the right coins is more important than how you operate**
Strong coins with stable trends and small retracements are worth your time and effort. Those with price swings that look exciting are actually the easiest way to drain your account.
**A few key details:**
Opportunities are created, not chased. If there's no suitable entry point, stay in cash; holding cash itself is a trading discipline.
Once in the market, stay disciplined. If the market structure hasn't broken down, don't sell out in fear of a few candlesticks; if the price reaches a high, don't blindly believe it—take profits decisively when it's time, and don't hesitate.
Remember this last point—
Unrealized gains on paper are just illusions; only locking in profits truly counts. Don't let emotions control you—stick to your trading discipline. You may not get rich overnight, but you'll definitely surpass most traders.