Yesterday early morning, a friend watched helplessly as a steep long red candlestick crashed down, and 50,000 yuan in their account completely disappeared within just 15 minutes. It’s not due to poor technical skills, nor slow news reactions — frankly, it’s because they stepped into the most common traps in trading. The lessons they summarized afterward are worth reflecting on for everyone who’s been in the crypto world.
**Lesson 1: Don’t trade when your condition isn’t good**
Tired, irritable, just had an argument, or just drank some alcohol — at these times, your mind simply can’t focus. Judgment will collapse instantly, but the market won’t be gentle just because you’re tired. It will only amplify every mistake you make. If you’re sleepy, go to sleep. The market is there 24/7 waiting.
**Lesson 2: Don’t trade in a noisy environment**
Family watching TV together, or hanging out with friends — in these multitasking states, it’s easiest to miss key entry or exit points, or to slip and place the wrong order. Trading requires focus; distraction is like gambling with real money.
**Lesson 3: Don’t chase opportunities outside your plan**
"Looks like it’s going to rise, let’s go for it!" or "Everyone’s making money, I can’t fall behind!" — this impulsive FOMO is the most efficient tool for harvesting new victims. Don’t trade markets you don’t understand, and opportunities beyond your original plan don’t belong to you.
**Lesson 4: Avoid key time windows**
Major economic data releases, statutory holidays — during these times, market liquidity is already thin, and extreme volatility can appear at any moment. The smartest move is to stay away, not to take risks trying to catch the wave.
**Lesson 5: Stop trading after consecutive losses**
After several losses in a row, your mindset will completely distort. The gambler’s mentality of "must win back immediately" will take over your decision-making, leading only to bigger holes. When you lose, close the app, go outside, and stay calm — that’s more important than anything.
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In the end, **controlling your hand is protecting your principal**. The crypto market fluctuates every day, and opportunities are never lacking. The train is always on its way. True profit-makers are often those who know when to stay put.
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BearMarketSage
· 10h ago
50,000 yuan disappeared in 15 minutes, how intense is that? I just said don't trade when you're drunk.
Losing three times in a row, you should calm down. If you insist on going all-in for excitement, I've seen too many tricks like that.
If you don't understand, don't move. FOMO kills many.
Liquidity is garbage during holidays, and yet people still try to catch the bottom. Serves them right.
When you're in a bad state, you should rest. The market isn't going anywhere, but some people just self-destruct.
Honestly, only those who know when to stop can survive the next bull market.
This guy just hasn't adjusted his mindset, his fingers are too fast.
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GateUser-74b10196
· 10h ago
50,000 yuan gone in 15 minutes, this guy is really ruthless. But to be fair, these points are really hitting home.
Still wanting to make a comeback after losing money is a suicidal move. I've seen too many people like that.
No matter how eloquently you put it, self-discipline is key. But who can really do it? Haha.
FOMO is just poison; others' profits are always someone else's loss.
If you're tired, just sleep—this one I admit, it's like I'm talking about myself.
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MidnightTrader
· 11h ago
$50,000 disappeared in 15 minutes, how many lessons does this guy need to learn?
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Honestly, if you're sleepy, just don't touch the market. It's more effective than any technical analysis.
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I totally get the FOMO mindset. I always lose money this way.
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Still trying to recover losses after losing? That's just gambler's mentality. Closing the app is the smartest move.
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The market is open 24 hours. Why rush? Sleep is way more important than candlestick charts.
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Placing orders while multitasking—either you slip up or miss out. No wonder you lose.
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I never touch the market on data release days. Even if I don't make money, I need to stay alive.
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Controlling your hands is really that simple, but nobody seems to be able to do it.
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When everyone is bragging about profits on social media, I hold back. In the end, I survived.
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Placing orders after drinking is basically suicide. Your brain is all mush when you're drunk.
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If I had known these five things earlier, I would have been financially free by now.
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Low liquidity during holidays is common sense. If you go to step on a landmine, you deserve it.
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Once the gambler's mentality kicks in, it's game over. I've seen too many cases like that.
Yesterday early morning, a friend watched helplessly as a steep long red candlestick crashed down, and 50,000 yuan in their account completely disappeared within just 15 minutes. It’s not due to poor technical skills, nor slow news reactions — frankly, it’s because they stepped into the most common traps in trading. The lessons they summarized afterward are worth reflecting on for everyone who’s been in the crypto world.
**Lesson 1: Don’t trade when your condition isn’t good**
Tired, irritable, just had an argument, or just drank some alcohol — at these times, your mind simply can’t focus. Judgment will collapse instantly, but the market won’t be gentle just because you’re tired. It will only amplify every mistake you make. If you’re sleepy, go to sleep. The market is there 24/7 waiting.
**Lesson 2: Don’t trade in a noisy environment**
Family watching TV together, or hanging out with friends — in these multitasking states, it’s easiest to miss key entry or exit points, or to slip and place the wrong order. Trading requires focus; distraction is like gambling with real money.
**Lesson 3: Don’t chase opportunities outside your plan**
"Looks like it’s going to rise, let’s go for it!" or "Everyone’s making money, I can’t fall behind!" — this impulsive FOMO is the most efficient tool for harvesting new victims. Don’t trade markets you don’t understand, and opportunities beyond your original plan don’t belong to you.
**Lesson 4: Avoid key time windows**
Major economic data releases, statutory holidays — during these times, market liquidity is already thin, and extreme volatility can appear at any moment. The smartest move is to stay away, not to take risks trying to catch the wave.
**Lesson 5: Stop trading after consecutive losses**
After several losses in a row, your mindset will completely distort. The gambler’s mentality of "must win back immediately" will take over your decision-making, leading only to bigger holes. When you lose, close the app, go outside, and stay calm — that’s more important than anything.
---
In the end, **controlling your hand is protecting your principal**. The crypto market fluctuates every day, and opportunities are never lacking. The train is always on its way. True profit-makers are often those who know when to stay put.