Traders are like a lonely boat, floating in the never-ending waves. The market is like the sea, sometimes calm, sometimes stormy. Many enter with dreams and leave with regrets. Why? Because they lack a set of mindsets. It's not about piling up technical indicators, but about an internal philosophical framework that helps you find an anchor in uncertainty. Borrowing Wang Xiaobo's words, 'We are all the same species; how can our methods of thinking be different?' The mindset of a crypto trader is essentially humanity's eternal response to uncertainty: extracting context from chaos and using wisdom to game fate.

I'm not teaching you specific strategies; those things fade away like memes. Today's popular RSI and MACD may be replaced by AI tomorrow. Instead, this mindset is about building your 'trading thesis': an internal system that allows you to stand firm amidst market fluctuations. Here are a few points I've distilled from observing the crypto ecosystem, combining the pragmatism of Eastern deconstruction and the grandeur of Western narratives. Remember, the mindset is not rules, but a mirror to help you examine yourself.

First principle: Embrace uncertainty, flow like a meme.

The essence of Crypto is memes, not those cute cat and dog pictures, but the context of the attention economy. The market is not driven by fundamentals but led by narratives. Think about the rise of Solana: it's not because the technology is perfect, but because a story of 'faster and cheaper' attracted an overwhelming saturation of funds. Traders' mistake lies in the pursuit of certainty: they focus on K-lines, trying to predict the next peak, while ignoring that the market is as random as memes.

The mindset here is: don't try to control uncertainty, but dance with it. Like Eastern KOLs deconstructing everything, first acknowledge the PVP (player versus player) nature of the market. Your opponents are not the charts but the greed and fear of others. Then, like Western VCs building narratives, establish a 'long-term thesis' for yourself: for example, 'Bitcoin is digital gold' or 'AI + Crypto will reshape the attention economy.' This thesis is not a belief but your anchor: during a crash, it reminds you not to FOMO; during a surge, it prompts you to exit in time.

In practice: Spend 10 minutes daily reviewing your holdings, not to look at prices, but to ask, 'Is this asset's meme still alive?' If the narrative collapses (like a project team running away), decisively exit. Remember, crypto trading is not gambling but a game of attention. Those who survive long in trading are not prediction masters but meme hunters. They know the market flows like a river; you can only go with the flow.

Second principle: Deconstruct self, construct discipline.

Eastern thinking excels at deconstruction: we have seen too many 'best narratives' end with 'unnatural deaths', like the collapse of Luna or the FTX scandal. This makes Chinese CT more pragmatic but also more pessimistic. The West excels at construction: they use stories to organize, ignoring the details' flaws, because the 'infinite funds method' can crush everything. The mindset of a crypto trader lies in merging the two: first deconstruct your weaknesses, then build a set of iron-clad discipline.

Many traders die from emotions: FOMO buying high, FUD selling low. This is not a technical issue but a human nature one. Deconstruct it: like the three-stage theory of the market, acknowledge that the world is inherently full of games, and your emotions are part of that game. Daily review is not about looking at profits and losses but about asking, 'Was this decision based on thesis or impulse?' If the latter, record it to form your 'anti-human nature checklist'. For example, prohibit trading at midnight or set a 'no-brain stop-loss line'.

Constructing discipline: Establish a 'trading context'. For instance, my friend gave you Chris Dixon's (Read Write Own) during a bear market to make you believe in the long-term value of blockchain; during a bull market, they give you a thesis about memes to prevent you from crying. Your context can be: only invest in assets with real liquidity, or only engage with narratives you understand (like DeFi instead of NFT). Discipline is not rigid but a fluid framework: it helps you avoid going with the flow when the market falls and enables you to act decisively when opportunities arise.

Think of those legendary traders, like CZ or Vitalik: they are not geniuses but people with iron rules. CZ's Binance empire is based on the thesis of 'safety first'; Vitalik's Ethereum stems from the narrative of 'decentralization'. Your mindset should be the same: deconstruct emotions, construct rules, and ultimately become your own KOL.

Third principle: Output in silence, game in the community.

The Chinese CT lacks KOLs, not because there are few geniuses, but because the public opinion environment leads many to choose silence. Traders' mistake lies in going solo: they bury themselves in charts while ignoring signals from the community. The mindset here is: shift from self-media to KOL thinking. Not just consuming information but outputting thesis and iterating through the game.

Why output? Because trading is an attention game. Sharing your views (like 'memes will eat traditional business') is not about showing off, but about testing the market. Community feedback will help you refine your thesis: if your prediction is overturned, don't be discouraged; that's part of the deconstruction process; if it's recognized, that's the beginning of construction. Like I encourage those 'silent geniuses', start small: write an analysis of a certain coin to spark discussion.

Gaming Community: Crypto is the ultimate PVP. Easterners have seen too many 'unnatural deaths', so they are more vigilant; Westerners use narratives to organize, so they are more optimistic. Your mindset is balance: join groups, but don't blindly follow; pay attention to big influencers, but use Eastern deconstruction to examine their stories. 'Does this narrative hold up to scrutiny?' Ultimately, you will find that the community is not noise, but your amplifier: a good thesis can transform you from a retail investor into a price maker.

Practice: Output a trading insight every week, even if it's a short post. Gradually, you will build your own 'trading IP'. It's not about becoming famous, but about being more influential in the market. Remember, the ultimate mindset of a trader is to be a participant in the market, not a bystander.

Mindset is context, trading is life.

The mindset of a trader is not a quick success manual, but a process of building internal context: embrace uncertainty like a meme, deconstruct self-constructed discipline, and output gaming in the community. Markets will change, technology will iterate, but human nature is eternal. As Wang Xiaobo said, we are all the same species. In the face of uncertainty, our ways of coping are, in essence, the same.

If you are caught in an existential crisis, don't cry and whine. Pick up this mindset and give yourself a thesis about memes: the whole world is the same, but your context can make you different. Crypto is not the end, but a mirror: it reflects your greed, fear, and wisdom. Go ahead, build your thesis, and become your own KOL. In this attention economy era, the future of traders lies not in charts but in mindset.