Everyone in the crypto circle knows this curse — holding onto crypto assets usually results in only two outcomes. Either waiting for the bull market to explode, doubling your wealth; or unable to withstand the volatility, getting liquidated in a black swan event. The problem is, you have no idea which one you belong to. Some people make a fortune by understanding the cycle, while others are wiped out instantly during a correction due to excessive leverage. Long-term holding is not just a slogan; it must be paired with risk management and psychological resilience.
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.
15 Likes
Reward
15
8
Repost
Share
Comment
0/400
Anon32942
· 01-06 16:20
This is the cruelty of the crypto world; mindset determines everything.
---
In simple terms, it's a gamble on human nature. Only those who can withstand it can profit.
---
Leverage is truly a poison. I've seen too many people go back to zero overnight because of it.
---
Understanding cycles? Bro, I only know how to buy and sell blindly, haha.
---
Risk management sounds simple, but how many can actually do it?
---
There are two outcomes. I am now in the third—cut losses and exit.
---
Long-term holding sounds easy, but try surviving a few wipeouts.
---
It's really about who has a strong psychological quality. I don't have that talent.
---
I've heard too many stories of leverage being wiped out. Now I just hold spot and pass the time.
View OriginalReply0
POAPlectionist
· 01-05 15:17
That's so right, mental resilience is the biggest leverage.
---
The graves of leveraged players are overgrown, and they're still dreaming of a bull market.
---
That's why I only dare to sleep with stablecoins, everything else is a gamble on luck.
---
Black swans never notify in advance; they come suddenly, catching you off guard.
---
The ones who truly make money are those who can withstand seeing their assets halved without flinching.
---
Long-term holding? I guess it's more like long-term staying up late.
---
Risk management sounds easy, but everyone forgets it at the first big surge.
---
Two outcomes sound like gambling; the only difference is the gambler's luck.
View OriginalReply0
MidnightTrader
· 01-03 16:50
Leverage is truly a double-edged sword. I've seen too many people get liquidated directly out of greed.
Long-term holding without risk control is honestly slow suicide.
The toughest part is mental resilience; when volatility hits, everyone wants to cut their losses.
View OriginalReply0
FallingLeaf
· 01-03 16:50
Basically, it's about gambling with luck, but adding leverage is playing with fire.
---
If your mental resilience isn't strong enough, you really can't handle it. That feeling of watching your account plummet.
---
Understanding cycles? Uh, I just hold blindly and pray.
---
When a black swan arrives, no risk management is effective. The ones who go to zero are always retail investors like us.
---
Yeah, really. Some people just hit the right spot, and we're all just stepping stones for them.
---
Before holding long-term, you must survive that wave of correction; otherwise, everything is pointless.
---
The moment of liquidation due to leverage should be the clearest moment for crypto people.
---
Whether wealth doubles or goes to zero depends on how the market behaves that day.
---
Risk management? Most people only start regretting after they lose.
---
Holding on truly requires a strong heart. I’m the type who wants to run away at any moment.
View OriginalReply0
FlatTax
· 01-03 16:49
To be honest, this paragraph really hits home. The lesson about leverage is truly blood-soaked.
Knowing when to hold and how to hold requires skill; a bad mindset can lead to a blow in just one second.
Understanding market cycles is easy to talk about, but living through them is a whole different story.
Talking about theory is easy, but the real skill is whether you can hold your position at critical moments.
This is how polarization happens: those who make money make a lot, while those who lose just give up; there’s no middle ground.
View OriginalReply0
DegenRecoveryGroup
· 01-03 16:45
That was really harsh, you hit the nerve. Leverage is just a harvesting machine; it shows its true colors with every correction.
People who understand the cycle are really making a fortune; a few of the old hands I know turned their fortunes around because of this.
Psychological resilience... that's the hardest part, a hundred times more difficult than technical analysis.
A full-on all-in or steady holding, there are hardly any who can hold the middle ground.
Only top psychologists can survive until the next bull market.
View OriginalReply0
OnlyUpOnly
· 01-03 16:44
Basically, it's just gambling with luck; no one is confident.
Leverage is truly a poison. It looks exciting when prices go up, but a quick correction can wipe everything out.
The hardest part is mindset. Holding coins and watching the K-line... no need to try, thank you.
I've listened to cycle theories for so long, but only a few can actually predict correctly.
After resetting once, you learn what a real lesson is.
Everyone in the crypto circle knows this curse — holding onto crypto assets usually results in only two outcomes. Either waiting for the bull market to explode, doubling your wealth; or unable to withstand the volatility, getting liquidated in a black swan event. The problem is, you have no idea which one you belong to. Some people make a fortune by understanding the cycle, while others are wiped out instantly during a correction due to excessive leverage. Long-term holding is not just a slogan; it must be paired with risk management and psychological resilience.