Having been in the crypto space for many years, I've witnessed countless stories of overnight riches, as well as too many endings of total loss. Today, I want to talk about something real—about the survival skills in this market.
There's a sobering statistic: new traders have a loss rate of up to 79% in their first year. But what about those who stick to discipline? Over three years, their survival rate can jump from 19% to 68%. That's the difference.
**Treat Trading as a Skill, Not a Casino Game**
Honestly, all those "surefire secrets" are lies. My understanding is that trading crypto is like learning a craft—it's about rhythm, rules, and patience. The few lessons learned with real money might not be exciting, but they can help you avoid detours.
**Tip One: Understanding the Trend Means Grasping the Wind Direction**
Only trade assets in an uptrend—that's a solid approach and the foundation for increasing your win rate. But how to judge? I use moving average systems:
For short-term rises, check if the 3-day moving average has turned upward; for medium-term trends, watch the 30-day moving average—an upward trend indicates a decent mid-term outlook; want to catch an upward wave? Wait until the 80-day moving average also turns upward—then you might catch a big wave.
The key point: I only look at charts longer than 4 hours—daily and weekly charts reveal the true trend. When the overall direction is downward, I basically stop trading and avoid going against the trend—that's like catching a flying knife with your bare hands.
**Tip Two: Get the Rhythm Right, Don't Follow the Crowd into Trades**
Start reducing your position after two consecutive days of gains; wait for the correction to finish before re-entering—this core idea is to avoid reckless moves during market euphoria. When the market is crazy, the chance of making money is actually the lowest. The real opportunity to get in often appears when others are still hesitating.
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VitalikFanAccount
· 3h ago
A 79% loss rate is really harsh. So I must have been sitting within that number during my first year.
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GasFeeVictim
· 3h ago
A 79% loss rate is quite harsh, but those who survive are truly tough people. Discipline can really change destiny.
View OriginalReply0
AirdropHunter007
· 4h ago
A 79% loss rate—this data is really so accurate. Nine out of ten beginners around me are lying in this pit.
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DevChive
· 4h ago
A 79% loss rate is indeed frightening, but frankly, it's a matter of mindset and discipline; many people just can't control their impulses.
Having been in the crypto space for many years, I've witnessed countless stories of overnight riches, as well as too many endings of total loss. Today, I want to talk about something real—about the survival skills in this market.
There's a sobering statistic: new traders have a loss rate of up to 79% in their first year. But what about those who stick to discipline? Over three years, their survival rate can jump from 19% to 68%. That's the difference.
**Treat Trading as a Skill, Not a Casino Game**
Honestly, all those "surefire secrets" are lies. My understanding is that trading crypto is like learning a craft—it's about rhythm, rules, and patience. The few lessons learned with real money might not be exciting, but they can help you avoid detours.
**Tip One: Understanding the Trend Means Grasping the Wind Direction**
Only trade assets in an uptrend—that's a solid approach and the foundation for increasing your win rate. But how to judge? I use moving average systems:
For short-term rises, check if the 3-day moving average has turned upward; for medium-term trends, watch the 30-day moving average—an upward trend indicates a decent mid-term outlook; want to catch an upward wave? Wait until the 80-day moving average also turns upward—then you might catch a big wave.
The key point: I only look at charts longer than 4 hours—daily and weekly charts reveal the true trend. When the overall direction is downward, I basically stop trading and avoid going against the trend—that's like catching a flying knife with your bare hands.
**Tip Two: Get the Rhythm Right, Don't Follow the Crowd into Trades**
Start reducing your position after two consecutive days of gains; wait for the correction to finish before re-entering—this core idea is to avoid reckless moves during market euphoria. When the market is crazy, the chance of making money is actually the lowest. The real opportunity to get in often appears when others are still hesitating.