Practical Musings: To Escape the "Money Offering" Cycle in Crypto, You Must Break 7 Self-Destructive Habits

When stepping into the cryptocurrency market, everyone carries a dream: quick wealth and early financial freedom. But the harsh reality is: most end up becoming “sponsors” for the market. Not because the market is bad, but because of wrong strategies from the start. To go far in crypto, the most important thing is not finding the right trades, but stopping stupid mistakes. Here are 7 common habits that cause accounts to gradually shrink, whether the market goes up or down.

1. Blind Love for “Hibernating” Coins Some coins have no liquidity, no waves, no one cares for half a year. Prices stay stagnant as if clinically dead, yet some still cling to the belief “it will be their turn.” In reality: Money always flows toward opportunities. Coins with no volume, no volatility, are abandoned by the market. Investing is not about hoping. It’s about managing cash flow.
2. During Major Waves, Only Follow the Leader In each cycle, there are always a few leading names: They attract the most money Increase the fastest And recover the strongest Many prefer “digging for gems in the mud,” picking cheap, unknown coins with hopes of x10 or x20. But the reality is often: Top coins increase 50% → small coins increase 5% Top coins correct 10% → small coins crash 40% To ride the wave, follow where the big money is.
3. All-in Is Not Courage, It’s Gambling Putting all your capital into a single trade is not bravery, but recklessness. The crypto market always involves risks: Unexpected bad news Exchange crashes Hacks Mass liquidations Just one strong kick can wipe out your account. Vital survival rule: Divide your capital – enter in parts – keep room for mistakes. Only survivors have a chance to get rich.
4. When the Trend Is Unclear, Don’t Hold Long-Term Many people turn short-term trades into unintended long-term investments. Buy because the price bounces → don’t sell → the price reverses → “long-term investment.” In markets without a confirmed uptrend, the smartest strategy is: Short-term gains Quick exits Capital preservation Don’t turn a technical rebound into blind faith.
5. Don’t Trust Rumors if You Can’t Read Charts The market always leaves traces on charts: Trading volume Support and resistance zones Price patterns Moving averages Anyone can spread rumors, but charts don’t lie. Trading on emotion is like driving blindfolded. To survive long-term, learn the language of the market.
6. Breaking Resistance Is More Important Than a Good Story The market doesn’t care what project or story you tell. It only cares about one thing: can the price break through resistance? When a coin: Breaks a major resistance With high volume And holds above the breakout zone That’s when the market confirms the trend. Real opportunities rarely wait for hesitation.
7. Long-Accumulated Coins Only Make Sense When They Break Out Stages: Price consolidates for a long time Tests the bottom multiple times without breaking Volume dries up Usually when big players accumulate. When the price starts to break out of the accumulation zone, that’s a high-probability entry point. Don’t chase the peak. Wait until the market is ready to run. Summary Crypto is not a gamble. It’s a game of discipline, mindset, and survival skills. To go from “money giver” to profit hunter: Stop emotional habits Respect the trend Manage capital seriously And learn to read the market Remember one thing: Fewer mistakes than others, you are already far ahead. The market always offers opportunities, but only for those alert enough to seize them.