Want to make quick money in the crypto market? Stop dreaming. Without solid fundamentals, even the best luck won't last more than a few months. The market never lowers its difficulty just because you're in a hurry. Instead of messing around blindly, remember these three common misconceptions.
How many times have you heard "whales are building positions" or "institutions are entering the market"? These pieces of information are often already outdated; by the time you chase them, it's usually the end of the move. What can truly help you are the most basic tools—master MACD and RSI, which are more valuable than blindly chasing ten so-called divine indicators. The Martingale strategy is the same; copying and pasting without understanding the framework will only get you killed by the market's counterattack.
**Misconception 2: Being led by news sentiment**
Most positive news is a trap set for retail investors, and negative news often just scares you into selling. How many times has the market been flooded with news, only for the price to move in the opposite direction? Remember the ETF rumors that caused a frenzy—everyone was waiting for a "parabolic rise," but BTC plunged significantly instead. That's a lesson learned.
**Misconception 3: Beginners should return to basics**
Built-in indicators are often more practical than flashy tools. Quantitative parameters are not magic; they must match your trading rhythm to be valuable. The Martingale strategy is not gambling; it relies on the design of position sizing, not just luck.
Survivors in this market rely on one common point: understanding trends, managing positions well, and controlling emotions. Use your tools smoothly, keep your rhythm steady, and avoid rushing or greed—only then can you truly stand firm in the market.
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NeverVoteOnDAO
· 01-21 11:54
Really, those who chase news are all dead; I haven't seen many who made it to this year.
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CrashHotline
· 01-21 11:41
Again with this set, what’s being said is correct but I’ve heard it a hundred times...
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Really, people chasing news are probably crying now. I’ve seen too many cases.
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MACD isn’t actually that mysterious; it all depends on whether you’re willing to learn it thoroughly.
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Hmm, the problem is that even after knowing, you still can’t control yourself. That’s the most painful part.
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I’m still exploring position management; it seems easy to say but really hard to do.
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The Martingale strategy sounds easy, but in practice, it can blow your mind...
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Don’t be fooled by the news. How many years have I been saying this, yet people still get tricked.
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Basically, there are no shortcuts. You have to diligently practice the basics.
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That time when BTC dropped sharply, how many people got shaken out at the bottom? It was so damaging.
View OriginalReply0
GweiTooHigh
· 01-21 11:30
Exactly, I’ve been cut multiple times by news before I realized it, it’s really just retail investors getting trapped.
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ContractFreelancer
· 01-21 11:27
It sounds good, but the ones who can really make it to next year are not just a bunch of people.
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Another "return to basics" article, I've been listening to it for three years, and it's still the same group of people losing money.
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MACD and RSI are indeed useful, but the problem is that most people simply can't execute them.
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That part about the news really hits home; every time, you get cut once before you realize.
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Position management sounds simple, but once you try it, you realize what difficulty really is.
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Don't rush, don't be greedy. It's easy to say, but when you're losing money, everyone gets anxious.
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Martin strategy? Uh, I have a friend who tried it, and now he doesn't dare to mention that word.
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Basic tools are actually fine; the hard part is not being disturbed by emotions, and that's hell.
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Why do all seemingly reasonable advice fall apart once you start trading with real money?
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The phrase "understand the trend" hits the hardest; I still haven't understood it to this day.
View OriginalReply0
SingleForYears
· 01-21 11:27
That's right, but too many people go all-in just by hearing the news, and then get slapped in the face.
Want to make quick money in the crypto market? Stop dreaming. Without solid fundamentals, even the best luck won't last more than a few months. The market never lowers its difficulty just because you're in a hurry. Instead of messing around blindly, remember these three common misconceptions.
**Misconception 1: Blindly chasing so-called secret indicators**
How many times have you heard "whales are building positions" or "institutions are entering the market"? These pieces of information are often already outdated; by the time you chase them, it's usually the end of the move. What can truly help you are the most basic tools—master MACD and RSI, which are more valuable than blindly chasing ten so-called divine indicators. The Martingale strategy is the same; copying and pasting without understanding the framework will only get you killed by the market's counterattack.
**Misconception 2: Being led by news sentiment**
Most positive news is a trap set for retail investors, and negative news often just scares you into selling. How many times has the market been flooded with news, only for the price to move in the opposite direction? Remember the ETF rumors that caused a frenzy—everyone was waiting for a "parabolic rise," but BTC plunged significantly instead. That's a lesson learned.
**Misconception 3: Beginners should return to basics**
Built-in indicators are often more practical than flashy tools. Quantitative parameters are not magic; they must match your trading rhythm to be valuable. The Martingale strategy is not gambling; it relies on the design of position sizing, not just luck.
Survivors in this market rely on one common point: understanding trends, managing positions well, and controlling emotions. Use your tools smoothly, keep your rhythm steady, and avoid rushing or greed—only then can you truly stand firm in the market.