From dreaming of ten times to zero at night: Why does the cryptocurrency space amplify human greed and fear?
The cryptocurrency market has a near-pathological volatility that makes you experience heaven and hell within a single day. When the coins in your hands double, you start to fantasize about tenfold or hundredfold gains; but when they suddenly crash, you find yourself dragged into a deep abyss of despair in just a few hours. This extreme volatility is not just the fluctuations on the candlestick chart, but a catalyst for emotional tearing.
Why does the cryptocurrency space amplify human nature so much? Because it is a market lacking rules, with highly asymmetric information and strong narrative manipulation. Here, once news breaks, emotions take the lead; when a project heats up, cognition fails. You are not trading with others; you are gambling against your own nature: Can you resist the fantasy of becoming rich? Can you withstand the urge to flee in panic? Can you take profits when greedy and add to positions when fearful?
Most people cannot do it. They always buy after prices have risen too much and sell after they have fallen too much; they are forever chasing highs and cutting losses, eternally caught between regret and expectation. The cryptocurrency space does not teach you to invest; it teaches you to know yourself. It is a mirror that clearly reflects the most vulnerable and extreme parts of your inner self.
To live long, it is not about predicting market trends with divine accuracy, but about controlling emotions, establishing discipline, and rejecting fantasies through a calm system.
Ultimately, the cryptocurrency space is not about choosing who is the best, but about seeing who can survive.