Watching $ETH drop from a floating profit of 20,000 to a floating loss of 10,000, then rebound to a floating profit of 8,000—how many people have tortured themselves through this process?
The core issue boils down to two words: mindset. When losing, always thinking about waiting a bit longer, believing the market will return to the entry price. But what happens? The longer you wait, the more you lose, and only when you can't bear it anymore do you cut your losses. Conversely, when in profit, you start overthinking—fear of retracement, fear of profit shrinking, wishing to close immediately and lock in gains, but end up missing out on subsequent rallies.
This hurdle must be actively overcome. The first step is simple but crucial: set a stop-loss rule—when the time comes, walk away, don’t hesitate. The second step is the real skill—learn to understand the logic behind candlestick charts, develop your market intuition. It’s not about following the crowd, nor is it gambling based on feelings; it requires real skill.
Honestly, to stand firm in the medium to long term, continuous learning is essential. Professional books, technical analysis, mindset cultivation—all must be balanced. Gradually, you’ll find yourself changed—you can stay calm when profitable, and hold your ground when losing.
Effort must be put in during normal times; only then can trading become consistently profitable. Don’t wander blindly in the crypto world.
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AirdropHunter007
· 11h ago
Exactly right, mindset really trips up a lot of people. I've seen too many guys, trembling when taking profits, only for the price to hit the daily limit right after. The expression... priceless.
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GasFeeCrying
· 12h ago
You're right, I’ve also taken many falls when it comes to stop-loss. Now I finally understand a few things.
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MevTears
· 13h ago
Basically, it's just that my mindset wasn't stable. I'm one of those unlucky ones who had to cut losses, haha.
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ShadowStaker
· 13h ago
ngl the stop loss bit hits different when you've actually watched your validator's apr tank from slashing risk... everyone preaches discipline til their position starts bleeding out tbh
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ServantOfSatoshi
· 13h ago
Well said, those two words are the hardest—very few people truly manage to cut losses.
Watching $ETH drop from a floating profit of 20,000 to a floating loss of 10,000, then rebound to a floating profit of 8,000—how many people have tortured themselves through this process?
The core issue boils down to two words: mindset. When losing, always thinking about waiting a bit longer, believing the market will return to the entry price. But what happens? The longer you wait, the more you lose, and only when you can't bear it anymore do you cut your losses. Conversely, when in profit, you start overthinking—fear of retracement, fear of profit shrinking, wishing to close immediately and lock in gains, but end up missing out on subsequent rallies.
This hurdle must be actively overcome. The first step is simple but crucial: set a stop-loss rule—when the time comes, walk away, don’t hesitate. The second step is the real skill—learn to understand the logic behind candlestick charts, develop your market intuition. It’s not about following the crowd, nor is it gambling based on feelings; it requires real skill.
Honestly, to stand firm in the medium to long term, continuous learning is essential. Professional books, technical analysis, mindset cultivation—all must be balanced. Gradually, you’ll find yourself changed—you can stay calm when profitable, and hold your ground when losing.
Effort must be put in during normal times; only then can trading become consistently profitable. Don’t wander blindly in the crypto world.