Last week, I had an in-depth trading review with my female apprentice, Xiao Ai. With red-rimmed eyes, she told me that she had shorted her entire position of 500,000, and in the end, she was left with less than 50,000. I handed her a cup of warm water and half-jokingly reminded her that I had suggested she only use 100,000 to test the waters, but she thought it was too conservative and might miss the opportunity.

Xiao Ai admitted with frustration that at that time, her mind was filled with the desire not to miss out on a big profit opportunity, and she couldn't take any advice. I sighed and remarked that the lessons of the cryptocurrency market often need to be experienced personally to be deeply remembered. Even if I kept reminding her, she might still choose to go all in.

She suddenly asked me whether there really is a lot of capital targeting retail investors because she always feels that whenever she buys, the price drops, and as soon as she cuts her losses, it rises. I pointed to the K-line chart on the screen and explained that in this 24-hour uninterrupted global market, our positions are as insignificant as the waves in the sea. Newbies tend to overemphasize their own actions, creating the illusion of being targeted.

When Xiao Ai eagerly asked how to turn things around, I slowly revealed the most interesting paradox of the cryptocurrency market: the methods to make money are simple enough to be hard to believe. The real challenge lies not in finding complex strategies, but in controlling one’s emotions and behavior. I gave an example that even if PhD-level talents develop complex quantitative strategies, they might not earn as much as an ordinary person who simply dollar-cost averages into Bitcoin. The key is whether one can accept that staying still most of the time is more beneficial than frequent trading.

Regarding the current investment advice, I will speak frankly: gradually build positions after Bitcoin stabilizes above the key moving averages, set stop-loss orders, and maintain stability. Xiao Ai was surprised by this simple strategy, but I asked her if she could avoid frequently checking the market, and whether she could remain calm when facing a 30% floating loss. These questions left her deep in thought.

In fact, many cryptocurrency newcomers share a similar mindset, always fixated on niche coins that could yield a hundredfold return, believing that not staying up late to study white papers means not putting in enough effort. However, just like surfing, true experts understand that the biggest challenge lies in maintaining a stable mindset in a turbulent market.

Through multiple experiences guiding beginners, I have come to realize that the essence of cryptocurrency investment lies in the most basic discipline: not being greedy, not being impatient, and maintaining stability. For those who feel lost in trading and want to learn how to steadily progress in the cryptocurrency market, I always welcome you to discuss and grow together.