Opportunities have never been scarce; what’s lacking is the eye to spot them.
Looking at the shrinking numbers in your wallet, your heart skips a beat—another loss. This is no longer a new thing, but every time you lose money, it still feels like a heavy slap. We’ve all gone through those tough nights, staring at the K-line chart until dawn, with dry eyes.
Numbers like 100,000 or 80,000 are not small for ordinary people. It could be your half-year salary or savings accumulated over years of hard work. Once the money enters the market, it’s like water splashed out—you can’t expect to get it back. The only way is to desperately earn it back.
But the problem is right in front of you: how exactly to make money?
**Why does money always flow out**
I used to be a typical "liquidator." Chasing gains and cutting losses was routine; I couldn’t stop my fingers from trading, and my mind was still dreaming of 100x coins. What was the result? The principal quietly disappeared with each trade.
Only later did I realize— in this market, you simply can’t earn money beyond your understanding. No matter how bullish the trend, if your knowledge can’t keep up, it’s useless; you will still lose. This market is like a mirror, clearly reflecting your knowledge gaps and psychological weaknesses.
Those winnings gained by luck? Forget it. In the end, you will lose them all due to your own incompetence.
**What to do after losing**
First: calm down and stay away from those tempting charts.
The most dangerous move after a loss is rushing to "recover" it. This mindset will completely destroy your last bit of rationality, throwing you into a vicious cycle. I once lost 30% in a day, then stubbornly increased my position, only to see another 20% drop the next day.
Take a few days off, don’t look at the screen, let your mind rest. The market is always there waiting for you; opportunities are everywhere. But once your principal is gone, it’s really gone.
Second: calmly review the entire process.
Take pen and paper, write down the whole losing process. When did you enter? What was your mindset at that time? Did you have a stop-loss plan? Why didn’t you follow it? How did you finally lose?
Don’t deceive yourself or make excuses—analyze objectively. You’ll be surprised to find that most losses aren’t due to market conditions but because you collapsed at some point. Maybe greed, maybe fear, or simply operational mistakes.
Third: develop a strategy that truly suits you.
Not copying others, not following big influencers, but tailoring it based on your risk tolerance, capital, time, and energy.
This strategy should include some hard rules: when to enter, how much to buy, where to set stop-loss, and where to set take-profit targets. Most importantly, once these rules are set, stick to them rigidly. Otherwise, it’s like having no plan at all.
Many people’s problems lie here—knowing they should stop-loss, but reluctant to cut losses when prices rebound; knowing they should follow the plan, but getting envious when other coins surge. That’s the real issue.
**Finally, a word of honesty**
Making money in the crypto world seems simple, but it’s really just two things: learning to control risk and learning to control yourself. The former requires knowledge; the latter requires discipline. Most people lack both, which is why they become victims of being liquidated.
Next time someone asks you "How to make money in crypto," don’t give them any secret tips—just ask, "Can you stick to a plan for more than a month?" If they can’t answer, then no amount of advice will help.
View Original
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.
Opportunities have never been scarce; what’s lacking is the eye to spot them.
Looking at the shrinking numbers in your wallet, your heart skips a beat—another loss. This is no longer a new thing, but every time you lose money, it still feels like a heavy slap. We’ve all gone through those tough nights, staring at the K-line chart until dawn, with dry eyes.
Numbers like 100,000 or 80,000 are not small for ordinary people. It could be your half-year salary or savings accumulated over years of hard work. Once the money enters the market, it’s like water splashed out—you can’t expect to get it back. The only way is to desperately earn it back.
But the problem is right in front of you: how exactly to make money?
**Why does money always flow out**
I used to be a typical "liquidator." Chasing gains and cutting losses was routine; I couldn’t stop my fingers from trading, and my mind was still dreaming of 100x coins. What was the result? The principal quietly disappeared with each trade.
Only later did I realize— in this market, you simply can’t earn money beyond your understanding. No matter how bullish the trend, if your knowledge can’t keep up, it’s useless; you will still lose. This market is like a mirror, clearly reflecting your knowledge gaps and psychological weaknesses.
Those winnings gained by luck? Forget it. In the end, you will lose them all due to your own incompetence.
**What to do after losing**
First: calm down and stay away from those tempting charts.
The most dangerous move after a loss is rushing to "recover" it. This mindset will completely destroy your last bit of rationality, throwing you into a vicious cycle. I once lost 30% in a day, then stubbornly increased my position, only to see another 20% drop the next day.
Take a few days off, don’t look at the screen, let your mind rest. The market is always there waiting for you; opportunities are everywhere. But once your principal is gone, it’s really gone.
Second: calmly review the entire process.
Take pen and paper, write down the whole losing process. When did you enter? What was your mindset at that time? Did you have a stop-loss plan? Why didn’t you follow it? How did you finally lose?
Don’t deceive yourself or make excuses—analyze objectively. You’ll be surprised to find that most losses aren’t due to market conditions but because you collapsed at some point. Maybe greed, maybe fear, or simply operational mistakes.
Third: develop a strategy that truly suits you.
Not copying others, not following big influencers, but tailoring it based on your risk tolerance, capital, time, and energy.
This strategy should include some hard rules: when to enter, how much to buy, where to set stop-loss, and where to set take-profit targets. Most importantly, once these rules are set, stick to them rigidly. Otherwise, it’s like having no plan at all.
Many people’s problems lie here—knowing they should stop-loss, but reluctant to cut losses when prices rebound; knowing they should follow the plan, but getting envious when other coins surge. That’s the real issue.
**Finally, a word of honesty**
Making money in the crypto world seems simple, but it’s really just two things: learning to control risk and learning to control yourself. The former requires knowledge; the latter requires discipline. Most people lack both, which is why they become victims of being liquidated.
Next time someone asks you "How to make money in crypto," don’t give them any secret tips—just ask, "Can you stick to a plan for more than a month?" If they can’t answer, then no amount of advice will help.