Newcomers entering the crypto world are most likely to stumble, but honestly, there's only one reason — impatience.
Their minds are full of thoughts about relying on luck to go all-in and turn things around, but they can't even handle the most basic trading principle: "staying alive." From eager beginners full of hope, they end up as bagholders with full positions and debt. How big is this contrast? Only they can imagine.
My advice is simple: start with small positions. 300U, 400U is enough. This money isn't meant to make a profit; it's used to practice execution and emotional stability. If you can trade small positions without blowing up, you've already outperformed most people in the market.
Follow your plan exactly as written. No "but," no extra drama.
The biggest danger in trading is blindly exploring on your own. Most people end up losing. If someone knowledgeable gives you a few pointers, you can avoid at least half of the pitfalls, and then gradually increase your position size. But the prerequisite is — keep a stable mindset. Don't get overly excited when making money, and don't go crazy selling when losing. That's the true beginning of progress.
The most dangerous trap is this: don't treat trading like gambling. The market's best trick is to rely on those occasional "wins" to make you think you're a genius, only to give you a harsh kick out.
Once you can truly stabilize yourself, it's not too late to consider larger positions. 8,000 or 10,000 dollars is the ceiling for beginners; don't expect to reach the top in one step. The crypto world is never short of opportunities; what it lacks is patience. If you get impatient, you lose.
Keep a steady mindset and protect your positions. If you don't risk your life, the market will eventually give you opportunities. The people who truly make money are not the quick-handed, but those with calm hearts. Follow the right mindset, place the right trades, and you'll survive longer in this circle. Hesitation leads to missed chances, but blindly following the crowd can be deadly.
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BlockTalk
· 14h ago
That's right, it's just impatience acting up.
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YieldChaser
· 14h ago
That's right, I had the same problem when I first got into the scene, almost lost everything in one go.
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AlwaysAnon
· 14h ago
That's right, I lost 7000U like that haha, but luckily I changed my temper later.
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DecentralizedElder
· 14h ago
That's so true. I suffered this loss over the past year... I actually made a profit when I played with small positions for 300 yuan, but later greed pushed it to 5000, leading to a margin call. I'm still paying off the debt now.
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MindsetExpander
· 14h ago
To be honest, I've seen too many cases of impatience. It's always the same routine, and then it's gone.
The suggestion to practice with small amounts like 300U or 400U is indeed effective, although it sounds small, but very few people can truly get past the mental hurdle. Most people can't even reach the point of making money before they self-destruct.
The key is having someone to guide you; trying to figure things out on your own is basically just paying tuition fees.
Newcomers entering the crypto world are most likely to stumble, but honestly, there's only one reason — impatience.
Their minds are full of thoughts about relying on luck to go all-in and turn things around, but they can't even handle the most basic trading principle: "staying alive." From eager beginners full of hope, they end up as bagholders with full positions and debt. How big is this contrast? Only they can imagine.
My advice is simple: start with small positions. 300U, 400U is enough. This money isn't meant to make a profit; it's used to practice execution and emotional stability. If you can trade small positions without blowing up, you've already outperformed most people in the market.
Follow your plan exactly as written. No "but," no extra drama.
The biggest danger in trading is blindly exploring on your own. Most people end up losing. If someone knowledgeable gives you a few pointers, you can avoid at least half of the pitfalls, and then gradually increase your position size. But the prerequisite is — keep a stable mindset. Don't get overly excited when making money, and don't go crazy selling when losing. That's the true beginning of progress.
The most dangerous trap is this: don't treat trading like gambling. The market's best trick is to rely on those occasional "wins" to make you think you're a genius, only to give you a harsh kick out.
Once you can truly stabilize yourself, it's not too late to consider larger positions. 8,000 or 10,000 dollars is the ceiling for beginners; don't expect to reach the top in one step. The crypto world is never short of opportunities; what it lacks is patience. If you get impatient, you lose.
Keep a steady mindset and protect your positions. If you don't risk your life, the market will eventually give you opportunities. The people who truly make money are not the quick-handed, but those with calm hearts. Follow the right mindset, place the right trades, and you'll survive longer in this circle. Hesitation leads to missed chances, but blindly following the crowd can be deadly.