At two or three in the morning, only the screen's light is in the room. The candlesticks jump one after another, but my eyes are getting brighter and brighter, sleepiness disappears without a trace, and my heartbeat starts to race.
Waiting and waiting, finally a trade comes. And the result? A pullback, the entire position suffers a huge loss, and a month's salary is gone just like that.
At that moment, it's not just about the money. What's more painful is that voice repeatedly asking in my mind: Am I really suitable for this market?
There are too many people like this in the crypto world. Working nine to five during the day, staying up at night watching the market, analyzing trading records on weekends. On the surface, everyone seems to be working hard. But when you open your account? The numbers stay still, or even drop further as you keep messing around.
Is hard work really not enough?
No. The fundamental problem is that the wrong direction was chosen.
Many traders treat this job as physical labor—watching the charts more, placing more orders, operating more—thinking that as long as they are diligent enough, the market will reward them. It sounds reasonable, but reality is often harsh.
Every candlestick you watch actually amplifies your anxiety; every follow-the-market move you make slowly eats away at your principal and your mental state.
The scariest thing isn't a single loss. The real nightmare is losing everything and still being reluctant to exit. Because of those sleepless nights, those efforts you've invested, you've already paid too much. Giving up? Not willing. So you keep staying up late, keep heavy positions, keep fantasizing that the next wave of market movement will turn things around.
And just like that, the vicious cycle is completely locked in.
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Liquidated_Larry
· 12-20 07:38
Here it comes again, wake up everyone, the real enemy is never the market, it's the devil in your mind.
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MetaNomad
· 12-19 06:04
Still losing at 3 a.m., I'm that person haha
View OriginalReply0
LiquidationWizard
· 12-18 08:34
This article really hits home, I can totally relate...
But really, the strong US employment data doesn't directly translate to the crypto circle. The key is to have the right mindset and strategy. Don't compare your diligence to those staying up all night watching the market—that's not trading, that's gambling.
View OriginalReply0
DYORMaster
· 12-18 08:29
Damn it, it's the same story again. The feeling of staying up overnight to monitor the market is truly unmatched, it's the psychology of being unable to cut the leeks.
View OriginalReply0
bridgeOops
· 12-18 08:16
At 3 a.m., I was staying up to monitor the market when I saw this article and was directly overwhelmed.
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HashRateHermit
· 12-18 08:15
Everyone who is awake at 3 a.m. knows that feeling, really. But to be honest, being diligent can't save a wrong direction...
That kind of feeling, I understand.
At two or three in the morning, only the screen's light is in the room. The candlesticks jump one after another, but my eyes are getting brighter and brighter, sleepiness disappears without a trace, and my heartbeat starts to race.
Waiting and waiting, finally a trade comes. And the result? A pullback, the entire position suffers a huge loss, and a month's salary is gone just like that.
At that moment, it's not just about the money. What's more painful is that voice repeatedly asking in my mind: Am I really suitable for this market?
There are too many people like this in the crypto world. Working nine to five during the day, staying up at night watching the market, analyzing trading records on weekends. On the surface, everyone seems to be working hard. But when you open your account? The numbers stay still, or even drop further as you keep messing around.
Is hard work really not enough?
No. The fundamental problem is that the wrong direction was chosen.
Many traders treat this job as physical labor—watching the charts more, placing more orders, operating more—thinking that as long as they are diligent enough, the market will reward them. It sounds reasonable, but reality is often harsh.
Every candlestick you watch actually amplifies your anxiety; every follow-the-market move you make slowly eats away at your principal and your mental state.
The scariest thing isn't a single loss. The real nightmare is losing everything and still being reluctant to exit. Because of those sleepless nights, those efforts you've invested, you've already paid too much. Giving up? Not willing. So you keep staying up late, keep heavy positions, keep fantasizing that the next wave of market movement will turn things around.
And just like that, the vicious cycle is completely locked in.