Beginners make money from luck, while veterans make money from probabilities: why do you win at first but lose everything in the end?
In the cryptocurrency circle, beginners are likely to have the illusion: I will make money as soon as I enter the market. Am I talented? Have I found a shortcut to financial freedom? When many people enter this market for the first time, they encounter a bull market or a period of explosive hot topics. They can double their money simply by buying a MEME coin or listening to a KOL's order. Overnight wealth does not seem like a dream.
But that is just luck, not ability.
Veteran warriors never rely on luck to make money; they rely on probabilities.
The so-called probability refers to the number of times you can win if you make a hundred choices, how much you can earn on average each time, and how much you can control when you lose. When making each transaction, veteran warriors do not ask, "Can I win this time?" Instead, they ask, "Does this transaction fit within my strategic system? Does it have a positive expected value in the long run?" Often, beginners win without realizing it, while veterans make stable profits within predictable limits.
The first amount of money earned by a beginner is like a gift from fate and a "call" from the market, but it often becomes a trap as well. Once you start thinking that you can do anything, you will lose everything in the second wave of the market or during a sideways period, or even more than that. Because you do not know how to manage risks, how to allocate positions, and when to take profits or stop losses.
The basic logic of veteran warriors is: losses are expected, and regular profits are the real skill. They know that most people lose not because they make mistakes, but because they cannot afford to make continuous mistakes. Therefore, every decision they make is based on a probability structure that states, "Even if they fail, it won't be fatal."
The game of wealth in the world of cryptocurrencies is not about who wins faster, but about who can withstand losses, live longer, and earn more money steadily.
