At two o'clock in the morning, when the message box popped up, I was just about to sleep.

A friend who has been trading for half a year sent me a statement - three weeks ago, the account still had 210,000 U, but now it has shrunk to 31,000 U.
He said he watches the market for more than ten hours every day, and he's about to vomit from looking at the candlestick charts, but his account just keeps dropping like it's on fast forward.
I asked him to organize the recent transaction records and send them over. After looking at that dense transaction flow, I suddenly understood.
The problem is not in the market, nor in luck.
He doesn't know what he is doing at all.
#数字资产市场观察 jumped in after gaining 5 points, afraid of missing out;
Cut losses immediately at an 8-point pullback, afraid of being trapped;
$ZEC has been stagnant for two days and can't stand it anymore, switching positions to chase the hot spots.
The entire operation logic can be summed up in four words: follow your instincts.
FOMO when the market rises, panic when it falls, completely being led by the market. This is not called trading, this is called gambling on emotions.
I asked him: "Do you have a clear reason before placing an order each time?"
After a nearly twenty-second silence, he replied: "It seems like... I have a feeling it will go up?"
This sentence exposes all the problems.
The market never gives you money just because of how you "feel". You think you are seizing opportunities, but in reality, you are being dragged into a quagmire by your own emotions.
Real money-makers don't rely on staring at the market until their eyes are bloodshot; they know before entering the market:
Why buy? How much to buy? When to stop loss? When to take profit?
If these questions cannot be answered, then every transaction is like running naked.
Later, I had him review the last thirty transactions, and three characteristics were particularly obvious:
No plan, no stop-loss, no review.
This is no longer a technical issue; it's a complete collapse of mindset.
The cryptocurrency market does not reward those who "work hard"; it only rewards those who are "awake."
You may not understand any advanced strategies, but at least you should know what you are doing and why you are doing it.
Otherwise, no matter how fast the account numbers jump, in the end, they are all someone else's ATM.
Don't let emotions make decisions for you.
It's easy to be a leeks, but to survive, you have to be a little ruthless with yourself.
Stay tuned: $ORCA $IRYS $AKE $BANANAS31 $ARIA $YALA $RVV $MON $ARC $TRUST $MMT $DYM $TNSR $BEAT $MYX $NIL $DUSK $AIA $ETH $XAN