A piece of advice for all new friends: In your first year of entering the market, try to avoid overtrading a few times. You can't even imagine how much tuition you can save.
Many people want to buy the dip, buy the top, chase hot spots, or lock in positions right after entering, but honestly, the core skill isn't "picking coins," it's "knowing when to let go." When the market lacks a clear direction and prices are fluctuating back and forth, never be reckless—that's not an opportunity to make money. True profits are actually hidden after the trend is established.
There's also a common pitfall: don't fall in love with a hot coin. Once it becomes popular, the whole market is bullish, but the hype cools off just as quickly. Capital is ruthless; it only follows trends, not sentiment. When the excitement dies down and investors start to exit, if you haven't kept up, you'll be stuck holding the bag.
Conversely, when you see a volume breakout and the trend suddenly becomes clear and strong, that's often not the end of the trend but a sign of acceleration. At this point, stay calm and don't rush to sell just because prices are rising. Take your profits gradually. But remember, when a big bullish candle shoots up and the whole market is cheering, that's exactly when you should start to be cautious. After the main force completes the push, they usually shake out weak hands. Those who truly make money are the ones who take profits in time and secure their gains.
Keep your trading simple—focusing on a few key levels is enough. If the price pulls back to support and doesn't break it, that's a good opportunity to add positions; if it reaches resistance and you hesitate, reduce your holdings quickly. In short-term trading, it's less about how accurate your predictions are and more about your rhythm and timing.
One last thing to emphasize: never go all-in. Start with small amounts to test the waters, and add more once you're confident. Only when the trend is fully confirmed should you increase your position size. The longer you survive, the more likely you are to see your investments double.
Remember this: the market is always changing, but your capital isn't necessarily. Be cautious and patient—taking it slow can help you smile at the end.
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AirdropAnxiety
· 17h ago
That's right, it's just that I can't help but be reckless sometimes, and end up losing enough to buy a house.
In my first year of chasing hot topics, I was mentally overwhelmed. Now I think I've finally understood.
Really, don't get involved in all-in bets. Even if you see others' single bullish candles doubling in value and feel tempted, you must hold back.
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LiquidationWatcher
· 20h ago
ngl been there lost that, the梭哈 part hits different after 2022... watch those collateral ratios fr fr
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MetaverseMigrant
· 12-26 16:51
That's right, the most important thing in the first year is mindset. I was reckless in the early days, and the little tuition I lost still makes me feel painful when I think about it.
Really, don't go all-in on this, I've seen too many people go all-in and never go all-out again.
Hot coins are indeed risky; when everyone rushes in, it's time to run. Capital is cold-blooded.
At those moments when the entire market is cheering, I now want to cut my positions. Usually, within a couple of days, they start to shake out.
Holding support and resistance levels is enough; other complicated operations just invite trouble.
Honestly, short-term trading is about rhythm, not ability. Most people fail because they can't grasp the rhythm.
Once the principal is gone, the opportunity is gone too. That sentence still hits me hard when I think about it now.
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TokenomicsTrapper
· 12-26 16:50
nah fr the "don't fomo chase" part hits different when you actually read the vesting schedules... classic exit pump pattern right there
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MevHunter
· 12-26 16:47
Really, in the first year, don't be too reckless; just honestly follow the trend.
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MetaverseVagabond
· 12-26 16:41
Oh my, this is the truth. The most common pitfalls for beginners are right here.
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FUD_Vaccinated
· 12-26 16:40
You're absolutely right. I lost a sum in my first year just out of recklessness, and now it's too late to regret.
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Going all-in is really playing with fire. I've seen too many people lose everything in one shot.
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That last sentence was brilliant. If the principal is gone, everything else is meaningless.
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Expecting a volume breakout to take off, but it just got shaken out the next day, and I was caught multiple times before I understood.
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Don't fall in love with coins too deeply; I once went all-in on a hot coin, and I ended up trapped like a dog.
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Having a sense of rhythm sounds easy to say but hard to do. Who can be so precise, really?
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Most people just can't help themselves. As soon as there's a slight increase, they want to chase. That's the life of a leek.
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I've heard many times that being steady and slow is better, but in practice, people always get impulsive.
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Trying small amounts is indeed reliable; at least it can protect the principal.
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When you see a big bullish candle and the whole market is cheering, you should be alert. That's often the night before a harvest.
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MetaMuskRat
· 12-26 16:37
That's right, I lost the most in my first year due to frequent trading. Now I really regret it.
That all-in move almost bankrupt me. Now I’ve learned to be patient and wait for the right opportunity.
Popular coins rise quickly and fall just as fast. I'm still buying into some coin at a high level.
Talking about this rhythm is easy, but when it hits the daily limit, it's easy to get impulsive.
Wait, what exactly do you mean by the support level being retested?
Take it slow; in fact, it makes profits more stable. That's how I do it now.
It sounds easy, but actually executing it is a torture. Being careless is truly the biggest enemy.
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FlyingLeek
· 12-26 16:31
Everyone's right, but I just can't do it haha. I paid my tuition in the first year.
Going all-in really can change your perspective on life in one shot.
I have deep experience with popular coins, having chased the highs a few times and ended up as a bagholder... I don't want to go through that again.
It's actually that simple, but when it comes to execution, the mind just doesn't cooperate.
The words "let go" seem easy to say, even easier to look at, but when the market starts to move, who can resist?
A piece of advice for all new friends: In your first year of entering the market, try to avoid overtrading a few times. You can't even imagine how much tuition you can save.
Many people want to buy the dip, buy the top, chase hot spots, or lock in positions right after entering, but honestly, the core skill isn't "picking coins," it's "knowing when to let go." When the market lacks a clear direction and prices are fluctuating back and forth, never be reckless—that's not an opportunity to make money. True profits are actually hidden after the trend is established.
There's also a common pitfall: don't fall in love with a hot coin. Once it becomes popular, the whole market is bullish, but the hype cools off just as quickly. Capital is ruthless; it only follows trends, not sentiment. When the excitement dies down and investors start to exit, if you haven't kept up, you'll be stuck holding the bag.
Conversely, when you see a volume breakout and the trend suddenly becomes clear and strong, that's often not the end of the trend but a sign of acceleration. At this point, stay calm and don't rush to sell just because prices are rising. Take your profits gradually. But remember, when a big bullish candle shoots up and the whole market is cheering, that's exactly when you should start to be cautious. After the main force completes the push, they usually shake out weak hands. Those who truly make money are the ones who take profits in time and secure their gains.
Keep your trading simple—focusing on a few key levels is enough. If the price pulls back to support and doesn't break it, that's a good opportunity to add positions; if it reaches resistance and you hesitate, reduce your holdings quickly. In short-term trading, it's less about how accurate your predictions are and more about your rhythm and timing.
One last thing to emphasize: never go all-in. Start with small amounts to test the waters, and add more once you're confident. Only when the trend is fully confirmed should you increase your position size. The longer you survive, the more likely you are to see your investments double.
Remember this: the market is always changing, but your capital isn't necessarily. Be cautious and patient—taking it slow can help you smile at the end.