Crypto futures trading is an addiction—one that can drain you mentally and financially. How do you break free from it? Let me share my personal experience of being addicted for five years and how I finally got clean 🧵
1/ Why do we start trading futures? Mainly because of our desire to make money in the shortest time possible, and most of us think futures is the only way to do that since we see a lot of echo chambers built around crypto futures, where people who make some profits broadcast it
We enter with the thought of replicating the success of that one guy who shared his screenshot of winning—without even validating any data on his entire futures trading PnL or his ROI over the past 3/6 months. What usually pushes our mind is the expectation of making similar
Our mind pushes us toward a trajectory of risk, masked under the great optimism of amazing rewards—rewards we feel confident about because we believe we have enough validation on the trades we are taking. Most of this validation comes from blindly following someone who presents
Now, what is TA? TA analyzes historical price data, builds patterns around it, and provides possible outcomes—eventually creating a bias in your mind about future price action. In TA, you get thousands of indicators, patterns, and strategies.
And every indicator, pattern, and strategy would sound like a gateway to your success. There are two ways to look at it—either you do paper trading for a few months and figure out the best trading setup with patterns and indicators you master on the asset you've done your
Most of us skip the whole training phase. Now, can you really expect a batsman to score 100 on his debut in international cricket if he never played any domestic cricket or never went to any net practice? You can't, right? Then why do you think people without any "net
Trading is a sport. You will have ups and downs. When you practice the sport through paper trading, you end up processing price action more effectively because money isn't involved, allowing you to stay detached from your emotions.
You can only learn futures when you manage to detach your emotions. And when you spend a couple of months doing that with futures, you end up building the character, patience, and discipline required when you enter the real game.
Most people who jump straight into the game end up losing, even if they master TA. They always fail at controlling their emotions. That’s what happens to everyone—our psychology kills us every time, not just in trading but in life too.
No bro, your future will be ruined if you keep playing futures because, at some point, you’re going to end up building a burden of debt for yourself. And if you have a family to take care of and you're still doing what’s making you lose money, then what are you doing? Think
Get out of this mess if it’s not working for you. Crypto trading is not the only way to make money in the world. You might have other skills you haven’t used in a long time—start using them again, start rebuilding your life.
Reflect and figure things out. Take a job, work with someone—get out of this addiction. Logout from Twitter and YouTube on your phone for a few months—avoid those distractions. No one is coming to save your life—in the end, you need to make your own decisions.
If you ask me what I did when I lost everything in futures, became an addict, sold my wife’s jewelry, and carried the burden of debt—I tried hard to get out every day. It took time, and it ended up costing me even more money. But when I finally got out, I started writing
For me, writing was the skill that saved my life and made me a better person. For you, it could be any of the skills you developed in the past. It’s time to work on that—upskill, start small. It might take time, but believe me, it’s better than losing money every day.
I hope you enjoyed reading this thread. If you appreciate my work, please like, share, and repost the tweet below
leverage is a curse bro, glad to know you got saved from it.
Thank you ser :)
It’s was much easy to make millions in 2016-17
Thank you for sharing mate — you gonna bounce back as long you start reflecting on the mistakes from the past, and try to not repeat them again — plus having a stable job is good which could help you take breaks from trading during those losing streak periods
you've lessons for life, and those are valuable enough to make a come back in the future as long you've some skills to grind, and make real money not depending on speculative avenues.
