Want to survive longer in crypto trading? I'll share the core essentials.
Over these eight years, I've seen too many people enter the market full of hope, only to leave disheartened a few months later. The difference has never been talent; frankly, it's one word—discipline.
I can't claim to be an expert, but consistent profitability relies on a set of "methods to hold yourself back at critical moments." Today, I'll break it down—those who see this are truly destined.
**1. Don't look at the overall market, never trade impulsively** Many traders focus only on daily charts for short-term trades, but that's not enough. The daily chart determines your big direction, while the 30-minute chart decides your entry point. Sometimes, a weak-looking daily can unfold into a beautiful upward structure on the 30-minute, and the next day, it might gap up with a big bullish candle—opportunities like this happen two or three times a year, enough to fill your bag without greed.
**2. When trend alignment is off, look twice before acting** When the daily and 30-minute directions are opposite, and the structure is a mess, trading against the trend might earn some profit, but that's just luck, not skill. Trading with the trend always costs the least—this is a hard truth.
**3. Don't trade near hot spots, better to rest** The essence of short-term trading is fighting the flow of funds. If your coin isn't in the hot zone, you're just fighting air. At such times, instead of forcing trades, it's better to wait for the right opportunity.
**4. Follow your plan, not your emotions** Most people lose money because of impulsive moves. No matter how tempting the moment, if it's not in your plan, ignore it. "Trade your plan, plan your trade"—it sounds old-fashioned, but it really works.
**5. Don't believe everything others say** Others' opinions are at best just information hints. Your own judgment is the steering wheel that determines your position. In critical decisions, only rely on yourself. Even with hot coins like $VIC, use your own logic to judge.
**6. Confirm the trend first, then choose your coins** All consistently profitable traders I’ve observed do this. If the trend is right, even an unnoticed coin can make you money; if the trend is wrong, even the top coin can reverse against you. Priorities must be correct.
**7. Only enter in upward structures; guessing bottoms is gambling** People who love catching bottoms are often taught the harshest lessons. Price movement always follows the path of least resistance. Coins in an uptrend are on that least resistant path. The logic is simple—so simple I almost don't want to say it—but some still keep tripping over it.
**8. After big wins or big losses, stop trading** Whether you're chasing excitement or trying to add to your position, emotional trading has nearly zero success rate. Take a day or two off, watch the charts calmly. My ten years of data show that "rest after big wins or losses" has over 90% accuracy.
In the end, making money is never about some profound technique. It’s about system, discipline, and persistent execution.
Really engrain these eight points into your mind, and you'll find many past losses could have been avoided. The market is there, opportunities are there—what matters most is having the discipline to seize them.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
7
Repost
Share
Comment
0/400
AirdropGrandpa
· 7h ago
That's right, discipline really can help you live longer. I only realized this after experiencing too many setbacks.
View OriginalReply0
WalletAnxietyPatient
· 7h ago
Discipline is easy to talk about, but actually implementing it can be deadly. I'm the kind of person who watches their plans collapse.
View OriginalReply0
VitalikFanboy42
· 7h ago
Discipline is easier to talk about than to practice. I've failed countless times on point 4.
View OriginalReply0
ImpermanentPhilosopher
· 7h ago
Discipline is easy to talk about, but few can truly stick to it. I've fallen into emotional trading too many times, and now I finally understand what "stick to the plan, not emotions" really means.
View OriginalReply0
MetaverseLandlord
· 7h ago
Discipline is easy to talk about but really hard to practice. I've personally been caught by my emotions many times before I finally understood.
View OriginalReply0
AirdropAutomaton
· 7h ago
The words "discipline" really hit me. After these eight years, it's been all blood, sweat, and tears.
View OriginalReply0
MergeConflict
· 7h ago
It sounds very right, but there are only a few who can truly do it.
Want to survive longer in crypto trading? I'll share the core essentials.
Over these eight years, I've seen too many people enter the market full of hope, only to leave disheartened a few months later. The difference has never been talent; frankly, it's one word—discipline.
I can't claim to be an expert, but consistent profitability relies on a set of "methods to hold yourself back at critical moments." Today, I'll break it down—those who see this are truly destined.
**1. Don't look at the overall market, never trade impulsively**
Many traders focus only on daily charts for short-term trades, but that's not enough. The daily chart determines your big direction, while the 30-minute chart decides your entry point. Sometimes, a weak-looking daily can unfold into a beautiful upward structure on the 30-minute, and the next day, it might gap up with a big bullish candle—opportunities like this happen two or three times a year, enough to fill your bag without greed.
**2. When trend alignment is off, look twice before acting**
When the daily and 30-minute directions are opposite, and the structure is a mess, trading against the trend might earn some profit, but that's just luck, not skill. Trading with the trend always costs the least—this is a hard truth.
**3. Don't trade near hot spots, better to rest**
The essence of short-term trading is fighting the flow of funds. If your coin isn't in the hot zone, you're just fighting air. At such times, instead of forcing trades, it's better to wait for the right opportunity.
**4. Follow your plan, not your emotions**
Most people lose money because of impulsive moves. No matter how tempting the moment, if it's not in your plan, ignore it. "Trade your plan, plan your trade"—it sounds old-fashioned, but it really works.
**5. Don't believe everything others say**
Others' opinions are at best just information hints. Your own judgment is the steering wheel that determines your position. In critical decisions, only rely on yourself. Even with hot coins like $VIC, use your own logic to judge.
**6. Confirm the trend first, then choose your coins**
All consistently profitable traders I’ve observed do this. If the trend is right, even an unnoticed coin can make you money; if the trend is wrong, even the top coin can reverse against you. Priorities must be correct.
**7. Only enter in upward structures; guessing bottoms is gambling**
People who love catching bottoms are often taught the harshest lessons. Price movement always follows the path of least resistance. Coins in an uptrend are on that least resistant path. The logic is simple—so simple I almost don't want to say it—but some still keep tripping over it.
**8. After big wins or big losses, stop trading**
Whether you're chasing excitement or trying to add to your position, emotional trading has nearly zero success rate. Take a day or two off, watch the charts calmly. My ten years of data show that "rest after big wins or losses" has over 90% accuracy.
In the end, making money is never about some profound technique. It’s about system, discipline, and persistent execution.
Really engrain these eight points into your mind, and you'll find many past losses could have been avoided. The market is there, opportunities are there—what matters most is having the discipline to seize them.