I have recently been thinking about an interesting issue — why do many people, despite knowing the right strategies, still suffer losses in this market? The answer lies in the five poisons of the mind in Buddhism, which I see most clearly when observing crypto investors.

First is greed. You hold a good coin, but greed is never satisfied, always fearing missing the peak. As a result, you keep waiting, waiting until the market turns around, and then you regret. This is especially dangerous in the final stages of a bull run.

Second is anger. When failure occurs, many become furious, curse analysts, then hurriedly cut losses and leave. This is the biggest mistake in the early and middle stages of a bull market. Hot emotions cause you to miss the best opportunities.

Third is ignorance — not learning, not updating knowledge. Ignorance is also related to this. You don’t understand what you’re doing, so you’re always doubtful, indecisive. Arrogance is also an issue — looking down on others, unwilling to learn from their mistakes.

Finally is doubt. This doubt causes you to fluctuate constantly, never truly committing to a decision. You see a good signal but are afraid, then see another perspective and fear again. As a result, you always lag behind the market.

I realize that to survive until the final stage of this market, you must eliminate these five poisons. Control your emotions, keep learning, and stay firm in your decisions — that’s the key. Not everyone can do it, but those who can are often the big winners in the market.