Ordinary people trading cryptocurrencies, the biggest obstacle has never been the market, but perception.


Everyone is fixated on the myth of getting rich quickly in the crypto world, but they overlook the risks behind it— even after multiple liquidations, they only blame bad luck, and are unwilling to admit that futures trading itself is a high-risk, low-probability game.

I have repeatedly turned 20k into 400k, only to eventually be completely liquidated; the root cause is just two words: arrogance.
Always thinking that making money in crypto is effortless, believing that with your ability, multiplying your investment ten or twenty times is normal. But in five years of crypto life, repeatedly depositing and losing, hopeful every time, but always ending in disappointment.

The common flaw of most people is being overconfident, thinking they are chosen by fate.
But trading futures with 20k and with 400k involves vastly different risks; lucky profits with small funds cannot be replicated with large capital. If you had made 400k initially and switched to spot trading, things would be completely different now.

This is a limitation of perception: using small successes to control bigger situations is doomed to fail.
Just like making money from a street stall and blindly opening a big shop, still using old thinking to operate, will inevitably fail to withstand risks.

I have always emphasized to crypto friends around me: to establish yourself in the crypto world, first use small positions to accumulate for more than half a year.
Understand the market patterns, hone your mindset, recognize your own strength, and set realistic profit expectations, rather than entering the market and dreaming of getting rich overnight.

To be honest: most of us are ordinary people, without extraordinary luck, and certainly not chosen by heaven.
Money earned by luck will ultimately be lost back through skill. Any industry that aims for long-term profit relies on strength and experience, and the crypto world is no exception.

Many people don’t even understand basic knowledge— they don’t know the full names of BTC and Ethereum, have no idea how to query on-chain data or understand fundamental principles, can’t read candlestick charts or distinguish knockoff coins, and just rush in with passion— how can they possibly achieve stable profits?

In doing things and being a person, always keep a low profile, accumulate steadily.
No industry can make easy, quick wealth; your perception, experience, and professionalism are your true limits to making money. Even project teams in the crypto space possess extraordinary skills and understanding— that is the fundamental reason for their profitability.
Focusing on building a solid foundation is more important than anything else.
BTC0.12%
ETH1.15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin