Many people in crypto can't make money consistently. It's not because their skills are lacking, but because they are too greedy.


They always feel they can't miss any market movement. They chase when they see a pump, and run when they see a pullback, placing ten to twenty trades a day, busy non-stop, only to see their account balance shrink.
I used to be like that too, staring at 1-minute candlesticks every day, afraid of missing an opportunity. Later I realized that the market is in consolidation most of the time. The more frequently you trade, the more you end up paying for fees and emotions.
Later, I set a rule for myself: never trade a setup I'm not confident in, at most two trades a day, and stay in cash if there's no qualifying position. $HEI
Many people think staying in cash is wasting opportunities, but what really wastes money is opening random trades.
Making money has never been about the number of trades, but about the quality of trades.
$MU
Those who truly make stable profits spend far more time waiting for opportunities than placing orders. They won't chase a green candle or panic at a red candle.
Many people say they're afraid of missing out every day, but looking back, you participated in almost every move, yet your account hasn't made any money. $M
The reason is simple: missing a move doesn't lose you money, but blindly chasing a move will definitely lose you money.
If you've been struggling lately, try the simplest method: set a rule for yourself--never enter a position that doesn't fit your plan, and trade at most two orders a day.
You'll find that with fewer trades, your mindset becomes more stable, and your account actually starts to grow slowly.
In crypto, those who truly make money are never the ones who catch the most opportunities, but the ones who make the fewest mistakes. $BTC
BTC-0.02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
Add a comment
Add a comment
BluePeonyDarkroom
· 7h ago
$HEI This wave really calls for calm, frequent trading fees can eat up profits.
View OriginalReply0
ProtocolPaladin
· 8h ago
That's so true. I'll change to at most one order a day now, and I feel so much lighter.
View OriginalReply0
GateUser-5d719aba
· 9h ago
I used to find it hard to stay on the sidelines, but now I realize — not moving is profit, and keeping your hands off is more important than any technique.
View OriginalReply0