Many people who enter the cryptocurrency market fall into the same vicious cycle—staring at the charts every day, getting excited when the coin price rises by one point, and feeling uneasy when it drops by one point. So what happens in the end? Most of these people end up with the same outcome: losing everything until they have to close the app.
No matter how bull or bear cycles rotate, traders who are led by price fluctuations will never make money. You might see short-term gains, but those emotion-driven profits will eventually be paid back with double the losses. Even if a project truly goes to zero, those with strong resolve can accept it calmly, rather than being overwhelmed by panic.
The most dangerous trap is negative thinking—anxiety causes you to frequently adjust your positions, impatience makes you chase highs and sell lows, dissatisfaction drives you to go all-in to recover losses, and a desire for revenge leads to the most absurd decisions. Asking for rumors, venting in communities, repeatedly confirming your judgments... these behaviors seem to seek peace of mind but actually reinforce your psychological vulnerabilities.
Once you realize you're stuck in this mental dead end, the only way out is to stop immediately. Because this way of operating has nothing to do with whether you can get rich; it only continuously shifts your funds to the other side of the market. True profits come from calm decision-making and long-term patience, not from every reaction driven by market fluctuations.
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Many people who enter the cryptocurrency market fall into the same vicious cycle—staring at the charts every day, getting excited when the coin price rises by one point, and feeling uneasy when it drops by one point. So what happens in the end? Most of these people end up with the same outcome: losing everything until they have to close the app.
No matter how bull or bear cycles rotate, traders who are led by price fluctuations will never make money. You might see short-term gains, but those emotion-driven profits will eventually be paid back with double the losses. Even if a project truly goes to zero, those with strong resolve can accept it calmly, rather than being overwhelmed by panic.
The most dangerous trap is negative thinking—anxiety causes you to frequently adjust your positions, impatience makes you chase highs and sell lows, dissatisfaction drives you to go all-in to recover losses, and a desire for revenge leads to the most absurd decisions. Asking for rumors, venting in communities, repeatedly confirming your judgments... these behaviors seem to seek peace of mind but actually reinforce your psychological vulnerabilities.
Once you realize you're stuck in this mental dead end, the only way out is to stop immediately. Because this way of operating has nothing to do with whether you can get rich; it only continuously shifts your funds to the other side of the market. True profits come from calm decision-making and long-term patience, not from every reaction driven by market fluctuations.