First, cut your leverage by 90%. In an environment with poor liquidity and a cold market, using high leverage will only lead to faster destruction.
Second, break down your positions into three layers: 1. Survival — keep 8 months’ worth of living expenses to support your family; life must not be touched; 2. The secondary attack layer — very small positions used to refine your trading system, maintain trading feel, mainly trading mainstream BTC and ETH for short-term swings; 3. Dream layer — hold onto your dream chips, and be willing to take on cyclically resistant altcoins in your favorite sectors.
Third, don’t focus solely on short-term movements while ignoring long-term trends. Staring at 5-minute and 15-minute charts and reacting to every rise and fall will crush your emotions. Step back to the daily and weekly charts and ask yourself: is this position in madness or panic?
Fourth, accept your imperfect self and the missed opportunities. The big market moves that can truly change your life will never happen on the most anxious K-line. Better to get in a little late and earn 10% less than to go all-in early and get wiped out by the next downward candle.
In the coming months, everyone will face the most painful and difficult days. The market is unpredictable and directionless. Write a note and stick it on your desk: don’t chase altcoins that rise 30% in a day, don’t blindly open or hold positions. If you lose three trades in a row in one day, pause trading for 48 hours. This isn’t superstition; it’s the basic condition for survival.
Most people cannot change their destiny, not because they can’t do great things, but because they can’t withstand these “small things.”
If you can turn these ordinary tasks into habits, your fate will gradually improve.
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How can the market survive right now
How to survive in the current market
First, cut your leverage by 90%. In an environment with poor liquidity and a cold market, using high leverage will only lead to faster destruction.
Second, break down your positions into three layers: 1. Survival — keep 8 months’ worth of living expenses to support your family; life must not be touched; 2. The secondary attack layer — very small positions used to refine your trading system, maintain trading feel, mainly trading mainstream BTC and ETH for short-term swings; 3. Dream layer — hold onto your dream chips, and be willing to take on cyclically resistant altcoins in your favorite sectors.
Third, don’t focus solely on short-term movements while ignoring long-term trends. Staring at 5-minute and 15-minute charts and reacting to every rise and fall will crush your emotions. Step back to the daily and weekly charts and ask yourself: is this position in madness or panic?
Fourth, accept your imperfect self and the missed opportunities. The big market moves that can truly change your life will never happen on the most anxious K-line. Better to get in a little late and earn 10% less than to go all-in early and get wiped out by the next downward candle.
In the coming months, everyone will face the most painful and difficult days. The market is unpredictable and directionless. Write a note and stick it on your desk: don’t chase altcoins that rise 30% in a day, don’t blindly open or hold positions. If you lose three trades in a row in one day, pause trading for 48 hours. This isn’t superstition; it’s the basic condition for survival.
Most people cannot change their destiny, not because they can’t do great things, but because they can’t withstand these “small things.”
If you can turn these ordinary tasks into habits, your fate will gradually improve.