#数字资产市场动态 It's been almost ten years since I entered the circle, and I finally understand one thing: those who are knocked out by the market are usually not the ones lacking brains.

Last year, a female investor asked me about Ethereum, and I told her she could give it a try. It only rose by half, and she couldn’t sit still—every day, as if possessed, she bombarded me about whether she should clear her position. Once I casually said "almost there," she immediately sold everything.

The story that followed was quite ironic: $ETH doubled again. Since then, she’s been silent in the community.

This is the first type of person I see: they don’t really want analysis or advice, but rather someone to take the blame for their mistakes.

In contrast, another story left a deeper impression.

At the end of last year, a buddy came to me with only 3,500 USDT in his wallet, but his liquidation records were piling up. He said he’d quit if he lost again. I didn’t waste words and immediately set three iron rules for him: no single position exceeding one-fifth of his capital, don’t hesitate to set stop-losses when needed, and review his trades at the end of each trading day.

He didn’t hesitate and followed through. In two months, his 3,500 USD turned into 70,000. During that time, we stayed up late watching K-line charts, digging through on-chain data, and seeing his account balance skyrocket day by day. Honestly, that feeling was a bit addictive.

But that’s the problem— the faster you make money, the faster your greed inflates. He started thinking about bringing followers into the game and even used 20x leverage. As a result, after a big bearish candle, his account evaporated by 40%.

At 3 a.m., he called crying, asking if I was being stupid again.

I coldly told him, "The market only recognizes results." Then I told him to clear his position immediately and stay calm.

Two hours later, he sent a screenshot of his full position.

I unfriended him. Before leaving, I only left one sentence: Money can be earned slowly, but if you lose discipline, you’re done for. What you’re losing isn’t just this wave of market movement, but the increasing number of excuses you make to break your own rules.

Over the years, as I’ve interacted with more traders, I’ve come to understand one fundamental truth—most people aren’t really trading; they’re using money to expose their own vulnerabilities and greed.

Those who truly survive and make money in the market are the disciplined ones.

If you keep falling into the same trap, instead of asking why the market is so坑, ask yourself: Are you fighting the market, or are you just fighting yourself?