I’ve seen too many people brimming with confidence during a bull market, thinking they’re the next Buffett, only to see their accounts wiped out after a round of bear market, disappearing from the group chats altogether. Later, I’d occasionally come across their social media moments—they’re either selling insurance or never mentioning crypto again.

Losing money isn’t the scariest part; the scariest part is the reckless moves people make after their mindset collapses: chasing pumps and dumping at lows, going all-in to catch the bottom, borrowing money to average down… Every step driven by greed, each pushing themselves further into the abyss.

There’s an old saying in crypto: “Holding is earning,” but those who can truly hold on are rare. Why? Because most people don’t really want wealth—they want excitement. What they enjoy is the adrenaline rush from the moving candlesticks, not the steady, reassuring growth of their assets.

Eventually, I figured out one thing: The ones who survive in this market the longest aren’t the most skilled or the best informed—they’re the calmest. They know what they want, what they can handle, when to act, and when to sit tight. They don’t get jealous of others’ profit screenshots, nor do they lose sleep when the market crashes.

In the end, trading is not a contest of knowledge, but of temperament.

You will never make more money than your mindset can handle. Even if you make it by chance, the market will take it back in another way. Contentment doesn’t mean giving up—it means knowing your own limits. Those who can stay calm in this crazy market will eventually get what’s meant for them.