The rags-to-riches myth is all filters—luck doesn’t equal ability

At the very beginning, when I was scrolling short videos and social platforms, everywhere I saw people posting profit screenshots and flexing fancy cars and deposits. They’d open their mouths and say “doubling on short trades, making tens of thousands a day on perps.” I thought I’d found an easy way to turn my life around. With a small amount to test the waters, I did make a profit for a brief period—my ledger numbers skyrocketed. In an instant, I looked down on my salary from work, convinced I’d figured out the market and was naturally suited to trading crypto.
But the truth is: short-term profits are purely gifted by a bull market environment, not the result of one’s trading skill. Once the market turns, the profits earned earlier get fully paid back in just a few days, and even the principal suffers major losses. Once a person has tasted the sweetness of fast gains, their appetite grows without limit. They can’t tell luck from real ability, and in the end they only add leverage and increase their position size, pouring all their savings into the market.
btcustd@