I have been navigating the crypto world for eight years, evolving from a blindly following newcomer to gradually finding my own trading rhythm. There are no secrets in this process; it’s more about some seemingly simple yet easily overlooked methodologies.
When I entered the scene in 2015, I was no different from most newcomers. Hearing about a certain coin doubling in the short term, I would pour the 150,000 yuan I had saved up into it, chase limit-up moves, gamble on news, and stay up late monitoring the market. The results were obvious—within half a year, my account was down to 50,000 yuan. That night, sitting in a roadside stall for a long time, I finally understood a principle: money earned by luck will eventually be lost through skill.
Since then, I made a decision: delete all insider news groups and set a strict rule for myself—no chasing hot trends, no gambling on themes, only trading projects I truly understand. It sounds like common sense, but it took me a whole year to fully implement this change.
The bear market of 2018 became a testing ground. Most people chose to cut losses or leverage up to gamble on a rebound when their assets shrank, ending up with nothing. As for me, I started consciously reviewing each trade—why I bought, why I sold, how emotions influenced my decisions. These seemingly dull reviews later became the foundation of my risk management.
Over eight years, I haven’t successfully bottomed out or caught a tenfold increase in any particular coin. But precisely because of this "boring" and "cautious" approach, I have survived multiple cycles. Those once considered inefficient methods—strict stop-loss, regular review, controlling position sizes—proved to be the most stable sources of profit in the end.
The test in the crypto world has never been prediction ability, but whether you can find a balance between desire and rationality.
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Degen4Breakfast
· 7h ago
You're not wrong, but I just can't stop chasing trends, haha.
This guy is absolutely right, I played it that way and got burned in 2017 too.
I still haven't deleted the group, I always think about what if I miss something.
Reviewing trades is really great, at first I didn't believe it, but later I found it can be life-saving.
Eight years of only making money and never losing? No way, there must have been some swing trading losses.
To be honest, stop loss is a mirror reflecting self-discipline.
Money made by luck can be lost back by skill, I need to engrave this in my mind.
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CommunityLurker
· 12-20 15:23
150,000 invested, leaving 50,000... This is my 2017, really healed me.
I have been navigating the crypto world for eight years, evolving from a blindly following newcomer to gradually finding my own trading rhythm. There are no secrets in this process; it’s more about some seemingly simple yet easily overlooked methodologies.
When I entered the scene in 2015, I was no different from most newcomers. Hearing about a certain coin doubling in the short term, I would pour the 150,000 yuan I had saved up into it, chase limit-up moves, gamble on news, and stay up late monitoring the market. The results were obvious—within half a year, my account was down to 50,000 yuan. That night, sitting in a roadside stall for a long time, I finally understood a principle: money earned by luck will eventually be lost through skill.
Since then, I made a decision: delete all insider news groups and set a strict rule for myself—no chasing hot trends, no gambling on themes, only trading projects I truly understand. It sounds like common sense, but it took me a whole year to fully implement this change.
The bear market of 2018 became a testing ground. Most people chose to cut losses or leverage up to gamble on a rebound when their assets shrank, ending up with nothing. As for me, I started consciously reviewing each trade—why I bought, why I sold, how emotions influenced my decisions. These seemingly dull reviews later became the foundation of my risk management.
Over eight years, I haven’t successfully bottomed out or caught a tenfold increase in any particular coin. But precisely because of this "boring" and "cautious" approach, I have survived multiple cycles. Those once considered inefficient methods—strict stop-loss, regular review, controlling position sizes—proved to be the most stable sources of profit in the end.
The test in the crypto world has never been prediction ability, but whether you can find a balance between desire and rationality.