As a cryptocurrency trader with a decade of experience, today I would like to discuss some lesser-known deep wisdom in the trading field.



In the Crypto Assets market, many people often find themselves in trouble. Some privately inquire: "Why, after three years of trading experience, does my account still fluctuate?" The root of the problem often lies in mistaking the means for the end, making it difficult to break through the profit bottleneck.

Previously, I proposed the view that "the role of technical analysis in trading does not exceed 30%", which sparked considerable controversy. However, experienced traders understand that candlestick patterns and various indicators are merely surface skills; what truly determines the success or failure of a trade is the underlying mindset and system construction.

Let us understand this essence through the example of "miners mining". Newbie miners often focus too much on GPU computing power, believing that high computing power will bring substantial rewards. But seasoned miners pay more attention to factors such as site selection (considering electricity prices), equipment heat dissipation (reducing losses), and the overall network difficulty cycle (seizing opportunities). This is just like the trading world—technical indicators are like GPU computing power, while a deep understanding of the entire ecosystem is the true key to victory.

In Crypto Assets trading, we can examine "Dao and Shu" from four dimensions:

1. Market Awareness: Understanding the highly volatile nature of the Crypto Assets market and recognizing that bull and bear cycles are not merely a simple repetition of candlestick patterns.

2. Trading Philosophy: Do you firmly believe in "going with the trend" or do you lean towards "counter-trading"? Establishing your own trading philosophy is crucial.

3. Risk Management: How to effectively control risks, set stop-losses, and manage funds? This is more critical than merely pursuing high returns.

4. Psychological Quality: Maintaining calm during severe fluctuations and overcoming greed and fear is essential to remain undefeated in long-term trading.

A true trading master not only excels in technical analysis but also understands how to integrate these dimensions to form a unique trading system. Remember, in the rapidly evolving field of Crypto Assets, maintaining an open mindset for learning and continuously updating your understanding is essential to remain undefeated in the unpredictable market.
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MevShadowrangervip
· 08-16 08:50
It's all just grand theories; who understands practical operation?
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AltcoinHuntervip
· 08-16 08:49
Heh, after saying so much, it's still about going all in.
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BlockchainWorkervip
· 08-16 08:45
It's the mindset that matters.
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SybilSlayervip
· 08-16 08:45
Suckers can only practice to lose an account.
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ApeWithNoFearvip
· 08-16 08:34
Ten years and still a Newbie, I laughed.
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ContractHuntervip
· 08-16 08:31
Still talking about it on paper? Why not just place an order directly!
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RektHuntervip
· 08-16 08:27
Only those who suffer losses know.
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