After spending a long time in the cryptocurrency world, you'll realize one thing: money earned by luck is likely to be returned in a much uglier way in the end.
What truly sets people apart is not which coin you happened to buy,
but whether your way of thinking has upgraded.
Many people only focus on price fluctuations.
They get excited when it rises and panic when it falls.
But the price itself doesn’t indicate anything,
it's just a 'voting result' from everyone in the market using real money.
The truly valuable questions are: Who is buying? Why are they buying?
Is it because of technological implementation, ecosystem expansion, or simply driven by emotions?
Understanding the direction of funds and consensus is far more important than guessing tops and bottoms.
When I first entered the space, I wanted to grab everything.
I chased whichever was rising quickly, afraid of missing out on the so-called myth.
In the end, the myth didn’t come to me, but I fell into every pit.
Later, I set a very simple limit for myself.
Only do what I can clearly explain the logic of.
I understand why it exists, I recognize its source of value, and I can clearly explain how it survives. I won’t touch what I’m not familiar with.
I may not catch every opportunity, but at least I can protect my own profits.
Gradually, I no longer see trading as a gamble.
Before each move, I first calculate the worst possible outcome. How much capital can I afford, how big is the expected range, and where must I admit my mistake and exit.
If the calculations are unclear, I simply won’t open a position. When emotions rise, stopping is more important than any action.
After going through several cycles, I finally understand that the market is more like a mirror.
It reflects not the market conditions, but your cognition, greed, fear, and patience.
What you lack is not effort; this market is not short on opportunities. What you truly lack is someone who can help you achieve stable profits in this market.