Many people who entered the crypto space in the first few years had a rather tough time—staying up late glued to the screen, eyes swinging with the K-line, chasing gains and cutting losses became routine, and experiences like liquidation, insomnia, and anxiety were all part of it. I was the same.
It wasn't until later that I realized this kind of tossing around simply doesn't make money. So what was the real turning point? It's simple: treat trading crypto as a proper job. Have a schedule for work, and also for trading. Act according to a plan, follow discipline.
The following are lessons learned from real trading losses. Beginners should keep these in mind and review them repeatedly.
**Timing is Key**
Market movements during the day are chaotic—news is everywhere, funds flow in and out, and the K-line seems to have a mind of its own, acting abruptly. I now mainly start trading after 9 PM, when most news has been digested, charts look cleaner, and the sense of direction is clearer.
**Realize Profits in Time**
The hardest part of making money isn't earning it, but not being greedy. If you make 1000U, first withdraw 300U to ensure you get it, then continue to gamble with the remaining. I've seen too many people triple their profits and still want five times more, only to give everything back in a correction, losing their principal. The numbers in your account are just paper wealth; only what you withdraw to your card counts.
**Let Indicators Do the Talking, Not Intuition**
"Feeling" when to enter is the fastest way to get wiped out. Install a proper charting tool on your phone, and before placing a trade, check these three indicators:
- MACD for bullish or bearish cross signals
- RSI to see if it's in overbought or oversold extremes
- Bollinger Bands for signs of narrowing or breakout
Wait until at least two of these indicators give the same signal before considering entering.
**Adjust Stop-Losses Dynamically**
If you can monitor the market closely, then act—when the price rises, move your stop-loss up accordingly. For example, buy at 1000U, and if it rises to 1100U, move your stop-loss to 1050U. This locks in profits and leaves room for further gains.
If you don't have time to watch the market constantly, set a hard stop-loss—about 3% is usually enough to handle most sudden drops.
**Withdrawing Has Its Rhythm**
After making a profit, plan to withdraw a portion—30% to 50% is a safe range. Don't think you can leave all your profits in the account to multiply tenfold; such an attitude is most likely to be shattered in a sudden correction.
**Chart Reading Matters**
For short-term swings, focus mainly on the 1-hour chart. Two consecutive bullish candles can be a signal for a potential long entry.
If the market is oscillating within a range, switch to the 4-hour chart to identify key support levels. When the price approaches support, consider entering.
**Avoid These Pitfalls**
- Overleveraging with heavy positions—one wrong move in direction can wipe out your account.
- Investing in obscure altcoins you don't understand—risk of being scammed is much higher than the chance of quick riches.
- Making more than three trades a day—excessive trading can be driven by emotions, greatly reducing decision quality.
The core logic of crypto trading is actually quite simple: it’s not about making big money impulsively, but about sticking to a mature strategy over the long term. When you treat trading with the mindset of a professional trader, you'll find that profits become more stable and reliable.
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Many people who entered the crypto space in the first few years had a rather tough time—staying up late glued to the screen, eyes swinging with the K-line, chasing gains and cutting losses became routine, and experiences like liquidation, insomnia, and anxiety were all part of it. I was the same.
It wasn't until later that I realized this kind of tossing around simply doesn't make money. So what was the real turning point? It's simple: treat trading crypto as a proper job. Have a schedule for work, and also for trading. Act according to a plan, follow discipline.
The following are lessons learned from real trading losses. Beginners should keep these in mind and review them repeatedly.
**Timing is Key**
Market movements during the day are chaotic—news is everywhere, funds flow in and out, and the K-line seems to have a mind of its own, acting abruptly. I now mainly start trading after 9 PM, when most news has been digested, charts look cleaner, and the sense of direction is clearer.
**Realize Profits in Time**
The hardest part of making money isn't earning it, but not being greedy. If you make 1000U, first withdraw 300U to ensure you get it, then continue to gamble with the remaining. I've seen too many people triple their profits and still want five times more, only to give everything back in a correction, losing their principal. The numbers in your account are just paper wealth; only what you withdraw to your card counts.
**Let Indicators Do the Talking, Not Intuition**
"Feeling" when to enter is the fastest way to get wiped out. Install a proper charting tool on your phone, and before placing a trade, check these three indicators:
- MACD for bullish or bearish cross signals
- RSI to see if it's in overbought or oversold extremes
- Bollinger Bands for signs of narrowing or breakout
Wait until at least two of these indicators give the same signal before considering entering.
**Adjust Stop-Losses Dynamically**
If you can monitor the market closely, then act—when the price rises, move your stop-loss up accordingly. For example, buy at 1000U, and if it rises to 1100U, move your stop-loss to 1050U. This locks in profits and leaves room for further gains.
If you don't have time to watch the market constantly, set a hard stop-loss—about 3% is usually enough to handle most sudden drops.
**Withdrawing Has Its Rhythm**
After making a profit, plan to withdraw a portion—30% to 50% is a safe range. Don't think you can leave all your profits in the account to multiply tenfold; such an attitude is most likely to be shattered in a sudden correction.
**Chart Reading Matters**
For short-term swings, focus mainly on the 1-hour chart. Two consecutive bullish candles can be a signal for a potential long entry.
If the market is oscillating within a range, switch to the 4-hour chart to identify key support levels. When the price approaches support, consider entering.
**Avoid These Pitfalls**
- Overleveraging with heavy positions—one wrong move in direction can wipe out your account.
- Investing in obscure altcoins you don't understand—risk of being scammed is much higher than the chance of quick riches.
- Making more than three trades a day—excessive trading can be driven by emotions, greatly reducing decision quality.
The core logic of crypto trading is actually quite simple: it’s not about making big money impulsively, but about sticking to a mature strategy over the long term. When you treat trading with the mindset of a professional trader, you'll find that profits become more stable and reliable.