2026-01-03 07:21:04

Seventeen years have passed, and sometimes I wonder what exactly makes someone willing to hold coins like DOGE?

Market trends have taught me the most, not so much technical analysis, but human nature. I've lost money chasing rallies, been liquidated on leverage, cut losses on contracts, and after walking these wrong paths, I finally understand — what traders truly need to guard is their original intention.

Looking at the tricks of centralized exchanges in the market, and comparing them to the transparency of decentralized protocols, you can feel the fundamental difference between the two modes. One is a sickle, and the other is redemption. This is not some profound theory, but an experience gained by participants exchanging real money.

So don't expect to find some trading secret; what is truly valuable is actually very simple — maintaining your understanding of the market through the cycles of bull and bear, staying clear-headed in the face of temptation, and still believing in the power of consensus during losses. This is the lesson you need to learn before making money.

The trends of mainstream coins like ETH and DOGE repeatedly verify this principle.

DOGE-0,8%

ETH0,42%

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.

14 Likes

Reward
14
6
Repost
Share

Comment

0/400

NeonCollector

· 01-06 07:19

Seventeen years and still talking about human nature. It's true, but I just can't hold on. Why has DOGE been able to survive for so long? Basically, it's because of faith being valuable. The centralized exchange model is indeed like a sickle, but decentralized ones aren't exactly cheap either. I've heard "stay true to your original intention" too many times. When you're losing money, you don't even think about it.

View OriginalReply0

BearMarketSurvivor

· 01-06 01:37

Seventeen years and still holding on? What kind of faith is that? I’ve blown my position before and never looked back at those crappy coins. Sincerity? Bro, surviving on the battlefield is the first lesson. Don’t talk about those illusions. Centralized exchanges are indeed a scythe, but is decentralization salvation? Not necessarily. That conclusion is too hasty. Once you’ve blown your leverage, you’ll understand—position management is more valuable than anything. DOGE? Too scary. Watching others endure losses and still stick to their convictions, I can’t do that. Staying alive is the most important.

View OriginalReply0

ImpermanentPhobia

· 01-03 07:51

Seventeen years of talking about human nature, I just laugh. Honestly, it's nothing but the gambler's mentality at work.

View OriginalReply0

Blockwatcher9000

· 01-03 07:50

People who have held DOGE for seventeen years, in simple terms, have invested in faith. That's right, no matter how fancy the technical analysis, it can't make money; human nature is the biggest candlestick. I've seen through the tricks of centralized exchanges long ago; it's the old method of cutting leeks. Staying true to your original intention sounds simple, but few can truly do it. Is decentralization really salvation, or just a place to continue getting cut? People who have lost money in the bull and bear cycles have the most say, I agree with that. The power of consensus sometimes just means collectively taking the loss, haha.

View OriginalReply0

CoinBasedThinking

· 01-03 07:46

Seventeen years ago, I was quite confident, but it really is that logic. Dogecoin has lasted this long mainly because of faith. Everyone who has been liquidated understands; losing money truly reveals people's true nature. The topic of decentralization is too old and cliché, but it is indeed a fact. The key is whether you dare to continue playing after being liquidated—that's the real dividing line. DOGE is really just a faith game, purely. Those who have been forced to cut losses on contracts have the most say, I agree with that. Talking about trading passwords is really just about not being greedy. Those who survive the bull and bear cycles are truly the winners.

View OriginalReply0

HallucinationGrower

· 01-03 07:42

Seventeen years of obsession, ultimately it's still about faith, but faith is quite虚 Those who have experienced liquidation understand, that moment truly reveals human nature The phrase "scythe" really hits home, CEXs are exactly like that Holding on is difficult, much harder than just holding coins themselves DOGE really? I'm afraid of getting cut again, now I don't trust anything anymore

View OriginalReply0