If you are obsessed with the market, or if you have been in contact with me for 24 years, you will understand how someone can be so obsessed with the market.


Losses are a very normal phenomenon in the crypto world, but what you learn from losses, what you learn, what not to do next time, and breaking a little bit of hope in your heart.

I have seen many people know that their orders are against the trend, always thinking about recovering the fees and then starting to trade again, but the market is not a place to play around; it is a killing blade. It makes you hesitate in market fluctuations and amplifies your inner hopefulness infinitely, so a little bit of a path to break even often results in completely “liquidating” yourself.

Back in 24 years, I mainly focused on teaching. At that time, Gate had a pretty good response, and there were software like DY, KS, and others, but almost all accounts were banned. After 25 years, a large number of accounts started getting banned, so I took a break. After playing for nine months, the entire crypto circle was replaced by agents and KOLs. Later, people cared more about rebates and free signals. The market transitioned too quickly, and retail investors and new players didn’t receive new concepts. Rebates are for earning some benefits for oneself, and signals are to confirm whether there are similar or different opinions among traders. I personally think that if you can open rebates, do so; saving on fees is better than giving to those chaotic people.

Later, the entire market entered the main upward wave of 2025, starting to short ETH, losing over ten thousand (in 24 years, shorting Bitcoin [sigh])—this is very similar historically. (In 24 years: Pnut, ACT, PEAQ, Cati, Reef, Merl, Hippo, People, etc.) (In 25 years: JCC, TCC, XPL, AI16Z, IP, the dark horse of Chinese coins, Fire Horse, Shen Teng for the New Year, etc.) These two years, copying altcoins is much more comfortable than trend judgment and contracts. I also miss the time in 24 years when playing chain games could make money.

Finally, about the short-term market, (I recently lost about 23,000 in the past half month) I was obsessed with breakout and breakdown orders, not paying attention to oscillation trading, resulting in continuous stop-losses. Being led astray by others, this has already started [laugh cry].
BTC has no short-term capacity to bear, all focus is on the US-Iran war. The second Bitcoin has already shown signs of Q2 season, mainly long positions. I personally still look at around 8.5 and 2800. I don’t pay attention to the useless coins.

Keep going, traders.
ETH-0.78%
BTC-0.24%
PNUT-2.46%
ACT-5.1%
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