The moment I received the transfer late at night and saw it in my account, I stared at my phone screen in a daze for a long time. 320,000—this amount might not mean much to many people, but to me, it represents the full price I've paid over the years of struggling in the crypto market: losing more and more hair, worsening stomach problems, and insomnia becoming an everyday occurrence.
When I first entered the space in 2016, I only had 5,000 coins and couldn't even read the most basic charts. Back then, all kinds of legends were flying around the community: some people multiplied their money several times through inside information, others got rich overnight playing leverage. I didn't follow the crowd and chose what seemed like the dumbest path—not chasing hype, not touching contracts, not believing in any so-called trading gurus.
It took me four full years to go from 5,000 to 1.2 million. During this time, I blew up my account countless times and forced myself to get back up and review each failure. I developed a habit: analyzing hundreds of trading records every day and holding back from making moves when the market was at its wildest. Slowly, I realized that the people who survive in this market are never the best at predicting trends, but those who are best at controlling themselves.
Here are a few lessons learned from eight years of blood, sweat, and tears:
**Volume is more honest than price.** Many people just stare at price movements, but volume is actually the key signal. Did the price surge quickly and then slowly fall back? Most likely, that's a bull trap. Did you see a sudden spike in volume followed by a sharp drop at a high level? Don't hesitate—get out fast. This is a clear sign the market is shaking out retail investors. If you get greedy now, you're just waiting to be harvested.
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.
22 Likes
Reward
22
10
Repost
Share
Comment
0/400
DegenWhisperer
· 12-11 21:26
No hair, no money—this is the true essence of crypto... But when it comes to trading volume, what you said is indeed reasonable, much better than those newbies who watch K-lines every day.
View OriginalReply0
GateUser-26d7f434
· 12-11 08:10
Losing hair and ruining your stomach just to get 320,000? Bro, this deal isn't worth it, really.
View OriginalReply0
consensus_failure
· 12-10 02:27
Losing hair as fast as this bear market, right? Those who get it, get it. Trading 320,000 for 8 years of youth—whether that's a good deal or not is really hard to say.
View OriginalReply0
LidoStakeAddict
· 12-08 22:52
Lost my hair and ruined my stomach—this is our Web3 dream, haha.
View OriginalReply0
BearMarketMonk
· 12-08 22:51
The lesson learned from losing so much hair is, simply put, don’t be greedy. I agree with the point about watching trading volume—so many people only stare at the candlestick charts and get stuck in rigid thinking, ending up falling for bull traps and taking unnecessary losses.
View OriginalReply0
rugpull_ptsd
· 12-08 22:50
Lost a ton of hair just for 320,000. I can't say if this deal was worth it or not, but it definitely feels more solid than those people I've seen who get rich just by chasing dreams and sharing screenshots.
View OriginalReply0
MeltdownSurvivalist
· 12-08 22:48
Damn, losing all your hair and dragging out a stomach illness just to make 320,000? I don't even need to do the math to know this deal is a loss... But seriously, it's rare to see someone stick it out from 5,000 to 1.2 million. Most people would have gone all-in and gotten liquidated long ago.
View OriginalReply0
OPsychology
· 12-08 22:47
Honestly, trading your hair and stomach for 320,000—don’t you know whether that’s a good deal or not... But seeing you mention self-control, that’s really true. In this space, the ones who crash and burn the fastest are always those who think they can predict everything precisely. It’s nerve-wracking just watching them. I agree with you about trading volume: price is just a facade, volume tells the real story. I wonder how many people are still staring at candlestick charts, dreaming.
View OriginalReply0
New_Ser_Ngmi
· 12-08 22:41
Losing all my hair for 320,000... This deal doesn't seem worth it to me, haha.
View OriginalReply0
MevTears
· 12-08 22:38
Lost my hair but not my money—how do I make sense of this?
The moment I received the transfer late at night and saw it in my account, I stared at my phone screen in a daze for a long time. 320,000—this amount might not mean much to many people, but to me, it represents the full price I've paid over the years of struggling in the crypto market: losing more and more hair, worsening stomach problems, and insomnia becoming an everyday occurrence.
When I first entered the space in 2016, I only had 5,000 coins and couldn't even read the most basic charts. Back then, all kinds of legends were flying around the community: some people multiplied their money several times through inside information, others got rich overnight playing leverage. I didn't follow the crowd and chose what seemed like the dumbest path—not chasing hype, not touching contracts, not believing in any so-called trading gurus.
It took me four full years to go from 5,000 to 1.2 million. During this time, I blew up my account countless times and forced myself to get back up and review each failure. I developed a habit: analyzing hundreds of trading records every day and holding back from making moves when the market was at its wildest. Slowly, I realized that the people who survive in this market are never the best at predicting trends, but those who are best at controlling themselves.
Here are a few lessons learned from eight years of blood, sweat, and tears:
**Volume is more honest than price.** Many people just stare at price movements, but volume is actually the key signal. Did the price surge quickly and then slowly fall back? Most likely, that's a bull trap. Did you see a sudden spike in volume followed by a sharp drop at a high level? Don't hesitate—get out fast. This is a clear sign the market is shaking out retail investors. If you get greedy now, you're just waiting to be harvested.