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Honestly, making money in the crypto world isn't that mysterious; the key is not to let greed hijack your judgment.
I've seen too many traders who indeed made short-term profits on contracts, but almost none who can survive long-term stably. The small profits they make are often completely wiped out in one or two emotionally driven trades. Contracts, to put it simply, are a game of probabilities. Once you get addicted to it, the outcome is basically sealed. Those legendary "contract experts"? Most of them monetize through signal calls and community management, not through trading itself.
Want to turn things around? The most practical approach is actually to stay away from contracts.
What if you lose money in spot trading? It's not complicated—just two key points.
**First, the depth of the loss.** As long as you didn't chase into the most insane highs, your principal is still there. Once the market recovers, earning several times your investment is not surprising. There's nothing mysterious here; it's just a matter of time.
**Second, and this is the real challenge—** can you truly go all-in cash after selling?
Most retail investors don't lack the ability to sell; it's that they start to get restless after selling. When they hear some news or see some price increase, their emotions take over, and they chase in again—often at a higher price. This cycle of adding positions repeatedly leads to deeper traps, and in the end, they can only admit defeat.
Looking at those who actually make money, their strength lies in one thing: knowing when to exit decisively and being able to wait patiently after leaving.
The essence of crypto isn't complicated; the difficulty lies in two words—self-control. Resisting greed, learning to stay in cash. If you can do this, you've already surpassed the vast majority of people.