25 Cruel Truths Every Crypto Player Must Know

  • Most traders lose money due to emotional trading rather than data-driven decisions.
  • Opportunity often outweighs talent; mistiming market entry can lead to bankruptcy.
  • Bull markets can mislead by making luck appear as skill, so avoid overestimating ability.
  • Attempting to "find the bottom" is futile; focus on market trends instead.
  • The market rewards execution, not personal beliefs or arrogance.
  • Long-term holding without a strategy may just be denial of reality.
  • Influencers may have conflicting interests, potentially undermining followers.
  • Diversification fails during widespread market crashes as asset correlations rise.
  • Volatility is inherent; enduring drawdowns of 50% or more is part of the process.
  • Greed and fear drive market cycles—master them to avoid destruction.
  • Successful trading involves discipline, not hype or FOMO.
  • Charts reflect emotions, not future predictions; rely on data over perceptions.
  • Airdrops and memes won't bring wealth; consistency and wisdom are key.
  • Holding cash can be a strategic position, avoiding unnecessary trades.
  • Missing high gains is acceptable; prioritize risk management over chasing rockets.
  • The market doesn't guarantee rebounds; avoid revenge trading after losses.
  • Leverage accelerates losses, not professionalism.
  • Align with liquidity trends; opposing major players is futile.
  • Adherence to a plan is crucial—execution surpasses strategy and empty talk.
  • Bankruptcies often stem from repeated, unlearned mistakes.
  • If trading disrupts peace, it's a sign to stop.
  • Self-discipline is vital; rationalize decisions to avoid pitfalls.
  • The goal is longevity in the market, not winning every trade.
  • Cryptocurrency success hinges on discipline, not passion.
Summary

Author: Alertforalpha

Compiled by: Plain Language Blockchain

Here are 25 harsh truths that no one will tell you—but every serious trader will eventually learn these truths through painful lessons.

1. Most traders lose money. This is because most people trade emotions, not data.

2. Opportunity trumps talent. You can be very smart, but if you enter the market too early or too late, you will go bankrupt.

3. A bull market makes a fool look like a genius. Don't mistake luck for ability.

4. You'll never "find the bottom" in the market. Stop fantasizing about the perfect starting point—waiting for them will only make you lose sight of the market trends.

5. Nobody cares about your beliefs. The market doesn't reward beliefs; it rewards execution.

6. Your arrogance is your largest position. And it is very likely to be your first downfall.

7. You are not a long-term investor—you are just targeting pullbacks. When "holding" is merely denying reality, it is not a strategy.

8. That influencer you follow? They might be shipping your order right now.

9. If everything is crashing, diversification won't save you. In a bear market, the correlation between assets tends to be close to 1.

10. If you can't tolerate a 50% drawdown, you're making a mistake. Volatility is the "ticket" you pay for cryptocurrency gains.

11. Greed and fear are not just emotions—they are market cycles. Either master them, or be destroyed by them.

12. Most traders are bored. There's no hype, no FOMO (fear of missing out) – just a consistent process.

13. You need more tokens. You need to gain more control with less investment.

14. Charts cannot predict the future—they reflect your emotions. Most people read their own perceptions, not the data.

15. Airdrops and memes won't make you rich. Discipline and wisdom will.

16. Cash is also a position. Sometimes, the wisest trade is not to trade.

17. You'll miss out on many 100x gains—that's okay. Your job isn't to catch a rocket, but to catch every crash.

18. The market doesn't owe you a rebound. If you get liquidated, start over—don't engage in revenge trading.

19. Leverage won't make you a professional. It will only accelerate your Manhattan journey.

20. Don't fight liquidity (the big trend). If large investors are selling, your conviction is worthless.

21. If you can't stick to a plan, then the plan is useless. Execution > Strategy > Empty talk.

22. No one goes bankrupt because of the last wave of bankruptcies. But everyone goes bankrupt because of the last wave of bankruptcies.

23. If you can't sleep peacefully, don't trade. If a position disrupts your inner peace, then it's serious.

24. You are your own worst enemy. Every bad decision begins with "Just this once."

25. The goal is not to win every trade, but to stay in the game long enough to catch the right trades.

Final conclusion:

Cryptocurrency rewards discipline, not passion.

Share to:

Author: 白话区块链

This article represents the views of PANews columnist and does not represent PANews' position or legal liability.

The article and opinions do not constitute investment advice

Image source: 白话区块链. Please contact the author for removal if there is infringement.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
10 minute ago
16 minute ago
1 hour ago
1 hour ago
2 hour ago
2 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读