Many beginners entering the cryptocurrency market often think that making money depends on watching the market, bottom fishing, and luck. In fact, they are completely wrong. Those who truly survive in this market and can earn substantial profits share a common trait—they have been repeatedly rubbed in the market. Losing so much that they doubt life, yet they manage to get back up.

**About Losses: If you haven't experienced it, you don't understand this market at all**

Traders who haven't blown up their accounts can't truly feel that "pain." Dropping from 1 million in their account to zero, that despair is enough to change a person's trading philosophy.

The crypto market is never logical; it teaches people to do things in the cruelest way. Losing 50% of 1 million to become 500,000—want to earn back 1 million? Yes, you need to double your investment. Climbing from the first floor to the hundredth takes hours, but jumping down from the hundredth floor takes only seconds. This is the real picture of leverage trading.

Remember an iron rule: capital is life. Any operation that exposes your principal is suicidal. Doubling your money 100 times means nothing—one complete liquidation, and the game is over.

**Why do most people become tools of the market?**

The fundamental reason is—losing control of themselves. They can research clothes for three days but only think for 3 seconds before placing a buy order for coins. The psychological shock of losing 1,000 yuan is ten times stronger than the joy of earning 1,000 yuan. This psychological asymmetry drives people to operate frequently.

What about the trading fees from frequent operations? They can eat up 140% of your principal in a year. Have you calculated it?

How do traders who last longer do it? They plan ahead:

What is the target profit for this wave of market? How much loss must trigger a stop-loss? When reaching a certain profit level, take some profits and exit?

Never go all-in. Build positions in batches, add only when profits are confirmed, and always leave yourself an exit route. Waiting for opportunities is much more reliable than reckless trading. This isn't laziness; it's respect for probability. The crypto market itself is a place where "not moving for years, but once you move, it’s three years of gains." Random moves are suicidal.

**The gap in mindset: small money vs changing fate**

Using 10,000 yuan to trade coins, losing a few hundred yuan daily and unable to sleep—it's recommended to exit early; this game isn't suitable for you.

But what about top traders? Their target is in the tens of millions; fluctuations of hundreds of thousands are just noise to them. When the trend is established, they hold firmly; when there's no clear direction, they prefer to do nothing.

Trading itself goes against human nature. To win, you must endure more than 99% of people around you. The market never eliminates people because of poor skills, but because of shattered mentality.

The final question is simple: do you want to be that kind of trader who gets wiped out once and then quits completely, or the one who loses everything but can stand up again?