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In cryptocurrency asset investing, making money is actually not that mysterious. Where is the difficulty? It's in that heart demon called greed.
To put it plainly, those who can survive three full bull and bear cycles in this market are basically not relying on contract trading to get by.
I've seen too many friends play with contracts; initially, they thrive, and their account numbers grow rapidly. But when you look at the longer timeline, those who can maintain stability over the long term are few. The profits earned often vanish in a few impulsive trades. It's less about trading and more about betting against probabilities and human nature. This pattern is hard to sustain in the long run.
You ask me if there's a more reliable way? My advice is: put down contracts and focus on spot trading.
Spot trading has a problem: it's easy to get trapped. So how to break free? I think the key depends on two dimensions.
**First dimension — the cost of being trapped**
If you're not chasing the top and entering at the peak, and your principal is still largely intact, then time becomes your friend. When market cycles rotate, it's common to recover from losses or break even. The market will always have moments of heat transfer; all you need to do is hold on.
**Second dimension — and this is the most testing — is patience after selling**
Many people actually do sell; the problem arises after selling. Holding cash but feeling uneasy, always feeling like they've missed something. When market fluctuations or news come out, it's easy to lose patience and jump back in. What happens then? They often get trapped at a higher position. This is why some people are always chasing rises and falling with dips.
The real difference between experts and ordinary people is whether they can be ruthless when it's time to exit and whether they can stay on the sidelines quietly after exiting.
The rules of the crypto market are actually very simple. The complexity always lies in human nature. If you can control those "itchy" hands and learn to stay silent and rest during uncertain market conditions, you are already ahead of most market participants.