#数字资产生态回暖 Live in the crypto world with the right mindset, not luck
When I first started, I was really reckless: staying up all night watching the charts, wanting to buy the dip on everything, making at least eight trades a day, getting liquidated, losing sleep, my mind a mess. I didn’t hold back on any of the mistakes.
The turning point was simple—I changed my approach from gambling to working. Discipline, method, and boundaries.
Below are a few rules I’ve developed through real losses and gains. Beginners must remember them.
**1️⃣ 9 PM is the best time to watch the charts**
During the day, information bombards you, with all kinds of news mixed together, and prices are driven crazy by emotions. Now I only look for opportunities after 9 PM, when most news has been digested, candlesticks are more genuine, and there are fewer tricks.
**2️⃣ Take profits first, don’t try to double down**
When I get excited, I want to add to my position—that’s a dead end. My approach is: if I make 1000U, I take 300U out immediately and leave the rest to play. Too many people make profits but don’t withdraw, and a quick correction wipes it all out.
**3️⃣ Follow indicators, not feelings**
"Feeling right" is the fastest way to lose money. Before placing an order, I always check these three:
MACD golden/death cross RSI overbought/oversold Bollinger Bands squeezing and breaking out
At least two of these signals should align before I act.
**4️⃣ Adjust stop-loss levels upward as profits grow**
When the market is favorable, don’t wait around—push your stop-loss up. Buy at 1000, and if it rises to 1100, move your stop-loss to 1050. If you can’t watch the charts constantly, set a hard stop-loss (around 3%) to prevent a sudden crash from wiping you out.
**5️⃣ Have a plan for withdrawals; don’t risk your entire capital on a single double**
The numbers in your account look big, but if you can’t withdraw them, they’re not real money. I always withdraw 30%-50% of my profits each round, and keep playing with the rest.
**6️⃣ Use patterns and strategies when reading candlesticks**
For short-term trades, focus on the 1-hour chart. Wait for two consecutive bullish volume candles before going long. During sideways markets, switch to the 4-hour chart, and wait for the price to return to support levels before looking for low-risk entries. It’s not about random clicking; it’s about waiting until you recognize the pattern before acting.
$ETH $XRP $SOL These assets are all similar; the methodology can be applied across them.
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degenwhisperer
· 17h ago
I think the truth is, sticking to this discipline is much harder than finding a great coin. Most people simply can't do it.
View OriginalReply0
CryptoTherapist
· 12-15 00:34
your portfolio is literally screaming for professional help... have you considered that your FOMO episodes might be rooted in deeper abandonment trauma? ngl the whole "9pm chart-gazing ritual" feels like meditation but make it gambling
Reply0
BitcoinBigWhite
· 12-14 12:15
😍😍😍😍😍😍😍😍😍😍😍😍😍😍😍😍😍😍😍😍😍😍
Reply0
FallingLeaf
· 12-13 14:10
It makes sense, but execution is too difficult. I always want to take advantage and earn a bit more each time.
View OriginalReply0
SmartMoneyWallet
· 12-13 14:07
The phrase "watching the market at 9 PM" is a bit problematic. On-chain data shows that large funds are positioning between 2-4 AM.
Making 300 USD and then leaving indicates a lack of confidence in one's profitability.
When combined with lagging indicators like MACD, the funds would have already exited long ago.
View OriginalReply0
ZenMiner
· 12-13 14:05
That's right, but I'm just worried that newbies won't listen and will have to go through it themselves to understand.
View OriginalReply0
GreenCandleCollector
· 12-13 13:50
Really, I totally agree with the idea of running after making profits. How many people watch their unrealized gains turn into losses...
Exactly, during the day the information is a mess, but at night, watching the market is much clearer.
Well said about stop-loss; many beginners don't have this awareness, and a sudden plunge can wipe out half their funds.
It feels like trading cryptocurrencies and stocks is really just a matter of mindset; discipline is very important.
Watching the market so intensely can be tiring, but the returns are indeed more stable.
Setting a hard stop-loss at 3% requires a lot of guts, but it can really save your life.
This method looks quite systematic; using indicators together for long positions is more reliable.
View OriginalReply0
DegenGambler
· 12-13 13:48
Everyone is right, but execution is too difficult. I'm still working on it every day...
#数字资产生态回暖 Live in the crypto world with the right mindset, not luck
When I first started, I was really reckless: staying up all night watching the charts, wanting to buy the dip on everything, making at least eight trades a day, getting liquidated, losing sleep, my mind a mess. I didn’t hold back on any of the mistakes.
The turning point was simple—I changed my approach from gambling to working. Discipline, method, and boundaries.
Below are a few rules I’ve developed through real losses and gains. Beginners must remember them.
**1️⃣ 9 PM is the best time to watch the charts**
During the day, information bombards you, with all kinds of news mixed together, and prices are driven crazy by emotions. Now I only look for opportunities after 9 PM, when most news has been digested, candlesticks are more genuine, and there are fewer tricks.
**2️⃣ Take profits first, don’t try to double down**
When I get excited, I want to add to my position—that’s a dead end. My approach is: if I make 1000U, I take 300U out immediately and leave the rest to play. Too many people make profits but don’t withdraw, and a quick correction wipes it all out.
**3️⃣ Follow indicators, not feelings**
"Feeling right" is the fastest way to lose money. Before placing an order, I always check these three:
MACD golden/death cross
RSI overbought/oversold
Bollinger Bands squeezing and breaking out
At least two of these signals should align before I act.
**4️⃣ Adjust stop-loss levels upward as profits grow**
When the market is favorable, don’t wait around—push your stop-loss up. Buy at 1000, and if it rises to 1100, move your stop-loss to 1050. If you can’t watch the charts constantly, set a hard stop-loss (around 3%) to prevent a sudden crash from wiping you out.
**5️⃣ Have a plan for withdrawals; don’t risk your entire capital on a single double**
The numbers in your account look big, but if you can’t withdraw them, they’re not real money. I always withdraw 30%-50% of my profits each round, and keep playing with the rest.
**6️⃣ Use patterns and strategies when reading candlesticks**
For short-term trades, focus on the 1-hour chart. Wait for two consecutive bullish volume candles before going long. During sideways markets, switch to the 4-hour chart, and wait for the price to return to support levels before looking for low-risk entries. It’s not about random clicking; it’s about waiting until you recognize the pattern before acting.
$ETH $XRP $SOL These assets are all similar; the methodology can be applied across them.