The Truth About Ordinary People Turning the Tide in the Crypto Market
Honestly, relying solely on hard work to change your fate has a very low probability. But after entering the crypto space, I realized: this might be one of the few places where relatively fair competition is possible.
Where does the startup capital come from? Working late on side jobs, saving every penny every day. Only after entering the market did I realize a harsh truth: effort alone is not enough. Choose the right direction, and every bit of your hard work can multiply in value. Otherwise, no matter how hard you try, you'll just be busy in an inefficient race.
In the beginning, like all newbies, I followed the crowd into trades after seeing others make money, only to be repeatedly harvested. After losing many times, I understood: this is not a casino, but more like a battlefield. Relying on luck to fight, your principal will eventually be wiped out; relying on systems and discipline is the way to survive longer and earn steadily.
Over these years, I’ve managed to stabilize my footing and even double my account. The summary boils down to these simple insights:
**First: Face every loss head-on**
Don’t make excuses or shift blame when you lose. Every loss is a textbook lesson in real money. Avoiding it will only lead you to fall into the same traps repeatedly.
**Second: Execution is a lifesaver**
Don’t chase highs, don’t resist hard, don’t go all-in on gut feelings. Set clear rules like take-profit and stop-loss levels, and execute decisively when the time comes. The market never pities soft-hearted traders; it only rewards those who follow the rules.
**Third: Patience is compound interest**
Hold steady during market oscillations, and don’t make rash moves before a trend is confirmed. True big gains only start after the trend is confirmed and the main upward wave begins. Control your hands, and you’ll wait for big opportunities.
**Fourth: Let go of the obsession with perfect entry and exit points**
Thinking you can bottom-fish or top-sell is itself problematic. Being able to comfortably capture the mid-trend gains already puts you ahead of most retail traders. Less greed, more stability.
The crypto world is never short of smart people. What’s lacking are those "fools" who can stick to simple rules to the end, maintain a stable mindset, and are willing to constantly review and iterate. True turnaround often begins the moment you admit you need a complete trading system and are willing to start small and persistently execute.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
7
Repost
Share
Comment
0/400
CounterIndicator
· 01-05 18:38
Basically, it's about mindset and execution. Not chasing highs or stubbornly resisting, people who stick to the rules really earn steadily.
View OriginalReply0
HalfBuddhaMoney
· 01-05 04:30
Really, being able to admit losses already puts you ahead of more than half of people. I was the type to look for excuses early on, but in the end, I realized—it's useless.
---
Stop-loss and take-profit are really painful topics. I still get itchy hands sometimes, but after actually executing stop-losses, my mindset has become much more relaxed.
---
Patience is truly not just talk. Last year, I kept making random moves and got cut several times. Later, I sat still for two months, and in the end, I caught a wave.
---
As I always say, systematic strategies are much more valuable than luck. But executing them is the hardest part.
---
Greed really hit the mark. I used to always try to buy the dip and sell at the top. Now, holding through the mid-range gains is more stable, and my mindset is better.
---
Fools make money, smart people think they are smart. I'm currently playing the role of the "fool," sticking to my trading plan is more important than anything else.
View OriginalReply0
EntryPositionAnalyst
· 01-05 03:11
You're absolutely right. Execution is truly a lifesaver. I previously lost because I couldn't bring myself to cut losses, even though I knew I should have sold. As a result, one coin kept dropping from a high level, and I lost everything along the way.
---
Only fools make money. This really hit me. I used to always try to find the perfect entry and exit points, but ended up missing all the major upward waves.
---
Facing losses is the most painful part. I always want to blame the market, but in reality, it's all my own problem.
---
What I respect most is the idea that patience is compound interest. Now I just hold steady and wait for confirmation. My mindset has become much more stable.
---
Choosing the right direction is really a hundred times more important than effort. I spent a year messing around with dead coins, but others earned more in just a month.
---
I agree with giving up on perfect entry and exit points. Not being able to get shark fin patterns isn't a big deal; eating fish instead of shark fin is also good. The greedy ones all get harvested.
---
That's how the crypto world is. There are plenty of smart people, but they also die the fastest. Those who stay steady and review their strategies are the ones who make it to the end.
View OriginalReply0
GhostWalletSleuth
· 01-03 12:40
To be honest, my biggest regret is those early impulsive all-in moves; only after losing a lot did I learn what discipline really means.
Take profit and stop loss are truly life-saving tools; the market won't show mercy to the soft-hearted.
Watching others bottom out and sell at the top, I now just enjoy moderate gains and earn quite steadily.
Strong execution is more important than intelligence; I have deep experience with this.
Every loss is like paying tuition; the key is not to fall into the same trap twice.
View OriginalReply0
StillBuyingTheDip
· 01-03 12:40
Honestly, I've learned many painful lessons about stop-loss. If I had known earlier, I wouldn't have been trapped so many times...
To be honest, execution is more important than anything else. I feel like I failed mainly because of this.
That comment hits a bit deep. I'm still debating the perfect entry point.
Wait, I need to think carefully about the definition of "fool."
Does account doubling really exist, or is it just survivor bias?
There are really few people who review their trades seriously; most are just gambling.
If the trend hasn't started, don't make reckless moves. I need to keep this in mind.
View OriginalReply0
GasFeeNightmare
· 01-03 12:37
The most feared thing to see when staying up late for staking is articles like this, because they hit the nail on the head... But I spent three months saving gas fees to get my startup capital, only to be knocked back to the original form by a wave of retracement. Execution is indeed a lifesaver, but the problem is that I always set my stop-loss too wide—what I promised in terms of discipline collapses at the moment of real money. The most heartbreaking part is that phrase "fool," I honestly am not that foolish, always thinking I can sell cheaply, buy low, but in the end, I missed the main upward wave. Now I’ve changed my strategy, I don’t chase perfect entry points, but honestly, executing it is much easier than just writing about it.
View OriginalReply0
DegenApeSurfer
· 01-03 12:34
That’s so true. I used to be the kind of fool who rushes in whenever I see others making money, only to lose everything and finally understand.
I deeply understand the importance of execution. When it comes to stop-loss, it's hard to bear cutting losses, and in the end, you lose even more.
But to be honest, sticking to simple rules is indeed more effective than anything else, and it's much more reliable than studying various indicators.
#数字资产动态追踪 $ETH
The Truth About Ordinary People Turning the Tide in the Crypto Market
Honestly, relying solely on hard work to change your fate has a very low probability. But after entering the crypto space, I realized: this might be one of the few places where relatively fair competition is possible.
Where does the startup capital come from? Working late on side jobs, saving every penny every day. Only after entering the market did I realize a harsh truth: effort alone is not enough. Choose the right direction, and every bit of your hard work can multiply in value. Otherwise, no matter how hard you try, you'll just be busy in an inefficient race.
In the beginning, like all newbies, I followed the crowd into trades after seeing others make money, only to be repeatedly harvested. After losing many times, I understood: this is not a casino, but more like a battlefield. Relying on luck to fight, your principal will eventually be wiped out; relying on systems and discipline is the way to survive longer and earn steadily.
Over these years, I’ve managed to stabilize my footing and even double my account. The summary boils down to these simple insights:
**First: Face every loss head-on**
Don’t make excuses or shift blame when you lose. Every loss is a textbook lesson in real money. Avoiding it will only lead you to fall into the same traps repeatedly.
**Second: Execution is a lifesaver**
Don’t chase highs, don’t resist hard, don’t go all-in on gut feelings. Set clear rules like take-profit and stop-loss levels, and execute decisively when the time comes. The market never pities soft-hearted traders; it only rewards those who follow the rules.
**Third: Patience is compound interest**
Hold steady during market oscillations, and don’t make rash moves before a trend is confirmed. True big gains only start after the trend is confirmed and the main upward wave begins. Control your hands, and you’ll wait for big opportunities.
**Fourth: Let go of the obsession with perfect entry and exit points**
Thinking you can bottom-fish or top-sell is itself problematic. Being able to comfortably capture the mid-trend gains already puts you ahead of most retail traders. Less greed, more stability.
The crypto world is never short of smart people. What’s lacking are those "fools" who can stick to simple rules to the end, maintain a stable mindset, and are willing to constantly review and iterate. True turnaround often begins the moment you admit you need a complete trading system and are willing to start small and persistently execute.