In the early days of entering the circle, I was no different from most people: staying up every night staring at the charts, chasing every rise, cutting every dip, resulting in liquidation, insomnia, and constant anxiety. Until one day I realized one thing—rather than gambling with luck, it's better to treat trading as a serious job.
This shift changed my entire trading career later on. Below are a few experiences honed with real money, hoping to help beginners avoid detours.
**Timing is Key: Trade After 9 PM**
During the day, market fluctuations are too chaotic, news bombards constantly, and candlestick charts move erratically like they’re sick. Now I almost always start trading after 9 PM—by then, market sentiment is relatively stable, news has been digested, and candlestick patterns are cleaner, making trend direction clearer.
**Taking Profits is Not Stinginess, It’s Longevity**
After earning 1000 USDT, I withdraw 300 first and continue trading with the rest. Many people fall into greed: "Only three times profit, why not aim for five?" But a single correction can wipe everything out, and the principal can’t be preserved. Money in hand is real money; the numbers in your account can eventually become zero.
**Don’t Enter Based on 'Feelings', That’s a Fast Track to Liquidation**
Install TradingView on your phone, and before trading, check these three things: Is there a MACD golden or death cross? Is RSI in overbought or oversold territory? Is the Bollinger Band narrowing or breaking upward? When at least two of these indicators give a consistent signal, it’s worth considering entering. Trading based on feelings is just gambling.
**Trail Your Stop-Loss with the Market**
When you have time to monitor, raise your stop-loss as the market rises. For example, if you buy at 1000, and it goes up to 1100, move your stop-loss from the entry price to around 1050. If you can’t monitor constantly, set a hard stop-loss at 3% to prevent a sudden crash from wiping you out.
**Withdraw Profits Strategically**
This is especially important. The balance in your account isn’t real money; only the funds transferred to your bank card are real. For each profit, withdraw 30%-50% to lock in gains, and keep the rest for further trading. Don’t fantasize about leaving everything to multiply tenfold—often, a single reversal can wipe it all out.
**Learn a Method for Reading K-Line, Don’t Randomly Click**
For short-term trading, I usually look at 1-hour candlestick charts. When I see two consecutive bullish candles, it’s worth considering a long opportunity. During sideways consolidation, switch to the 4-hour chart to find support levels, and wait until the price approaches support before considering entering.
**Avoid These Pitfalls**
Overleveraging and increasing position size recklessly is suicidal; one wrong move and everything’s gone. Don’t touch altcoins you don’t understand—they’re just waiting to be harvested. Limit yourself to a maximum of 3 trades per day; exceeding this can easily lead to emotional trading and irrational decisions. And finally—never borrow money to trade crypto, truly, don’t do it.
Ultimately, trading isn’t about impulsively chasing big moves; it’s about consistently executing a proven trading strategy. Treat it like a real job—log in on time every day, follow your plan, shut down when it’s time, and sleep when it’s time to sleep. You’ll gradually find that sticking to these rules makes profits more stable and reliable.
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DegenApeSurfer
· 9h ago
Honestly, this set of things is just changing the gambler's mentality into that of a white-collar worker. It sounds simple, but actually doing it is really tough.
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NFTregretter
· 9h ago
That's right, you only feel secure when you have real, tangible money in hand.
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GraphGuru
· 9h ago
I've also experienced those late-night watchlist days, and it was really torturous.
I now deeply understand the importance of taking profits and securing gains; money not withdrawn is just an illusion.
To be honest, borrowing money to trade cryptocurrencies is a path you really shouldn't take; several friends around me have lost everything doing that.
Trading feels just like gambling, and there's nothing wrong with that. That's exactly how I got liquidated.
I've been using the strategy of setting a 3% stop-loss and sticking to it, which has saved me multiple times.
Entering the market after 9 PM is definitely much more refreshing; the news during the day can really drive people crazy.
Overleveraging and increasing positions is just arguing with yourself; sooner or later, you'll have to pay the debt.
Basically, this method is about treating the crypto world as a job, and the rules are the foundation for survival.
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NFTRegretDiary
· 9h ago
Wait until after 9 PM to start? I've tried, but still lose... Maybe I'm just careless.
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NotGonnaMakeIt
· 9h ago
You only start at 9 PM? Bro, I need to learn this habit, or I'll always get chopped by those monsters and ghosts on the daily chart.
In the early days of entering the circle, I was no different from most people: staying up every night staring at the charts, chasing every rise, cutting every dip, resulting in liquidation, insomnia, and constant anxiety. Until one day I realized one thing—rather than gambling with luck, it's better to treat trading as a serious job.
This shift changed my entire trading career later on. Below are a few experiences honed with real money, hoping to help beginners avoid detours.
**Timing is Key: Trade After 9 PM**
During the day, market fluctuations are too chaotic, news bombards constantly, and candlestick charts move erratically like they’re sick. Now I almost always start trading after 9 PM—by then, market sentiment is relatively stable, news has been digested, and candlestick patterns are cleaner, making trend direction clearer.
**Taking Profits is Not Stinginess, It’s Longevity**
After earning 1000 USDT, I withdraw 300 first and continue trading with the rest. Many people fall into greed: "Only three times profit, why not aim for five?" But a single correction can wipe everything out, and the principal can’t be preserved. Money in hand is real money; the numbers in your account can eventually become zero.
**Don’t Enter Based on 'Feelings', That’s a Fast Track to Liquidation**
Install TradingView on your phone, and before trading, check these three things: Is there a MACD golden or death cross? Is RSI in overbought or oversold territory? Is the Bollinger Band narrowing or breaking upward? When at least two of these indicators give a consistent signal, it’s worth considering entering. Trading based on feelings is just gambling.
**Trail Your Stop-Loss with the Market**
When you have time to monitor, raise your stop-loss as the market rises. For example, if you buy at 1000, and it goes up to 1100, move your stop-loss from the entry price to around 1050. If you can’t monitor constantly, set a hard stop-loss at 3% to prevent a sudden crash from wiping you out.
**Withdraw Profits Strategically**
This is especially important. The balance in your account isn’t real money; only the funds transferred to your bank card are real. For each profit, withdraw 30%-50% to lock in gains, and keep the rest for further trading. Don’t fantasize about leaving everything to multiply tenfold—often, a single reversal can wipe it all out.
**Learn a Method for Reading K-Line, Don’t Randomly Click**
For short-term trading, I usually look at 1-hour candlestick charts. When I see two consecutive bullish candles, it’s worth considering a long opportunity. During sideways consolidation, switch to the 4-hour chart to find support levels, and wait until the price approaches support before considering entering.
**Avoid These Pitfalls**
Overleveraging and increasing position size recklessly is suicidal; one wrong move and everything’s gone. Don’t touch altcoins you don’t understand—they’re just waiting to be harvested. Limit yourself to a maximum of 3 trades per day; exceeding this can easily lead to emotional trading and irrational decisions. And finally—never borrow money to trade crypto, truly, don’t do it.
Ultimately, trading isn’t about impulsively chasing big moves; it’s about consistently executing a proven trading strategy. Treat it like a real job—log in on time every day, follow your plan, shut down when it’s time, and sleep when it’s time to sleep. You’ll gradually find that sticking to these rules makes profits more stable and reliable.