The cryptocurrency world is a battlefield without night; some become rich overnight, while others go to zero in an instant.
But what truly determines fate is not the market fluctuations, but which stage you are in.
I have been in the crypto space for many years and have understood these 4 stages.
1. Beginner Stage: Staying up late watching the market, heart racing.
When you first enter, every fluctuation makes your nerves tense. Buying leads to drops, selling leads to rises, and waking up in the middle of the night to check the market. The scariest thing is the flash crash at dawn, struggling with “to cut losses or to hold on,” only to wake up and find yourself collapsed before dawn.
The truth: 90% of beginners collapse due to emotional loss of control.
2. Intermediate Stage: Learning to wait, making key moves.
After suffering losses a few times, you finally understand: not every fluctuation is worth chasing. You start paying attention to major trends, like Federal Reserve policies and Bitcoin halving, but you still stay up late for critical market movements.
The breakthrough point: Moving from “frequent trading” to “precise targeting” is the first step to profitability.
3. Advanced Stage: Calmly sleeping, making money systematically.
Veterans have already established their trading systems, set stop-loss and take-profit levels, and do not rely on watching the market to make money. Even if there’s a 20% drop in the middle of the night, they can sleep peacefully because everything is within plan.
The core: Trading is not about physical endurance, but about strategy.
4. Despair Stage: Deeply trapped, liquidation, insomnia, and depression.
High leverage liquidation, altcoins going to zero... lying in bed scrolling Twitter, fantasizing about finding a “turnaround opportunity,” but falling deeper instead.
Warning: If you are in this stage, stop, and there may still be hope.
Also, I want to remind everyone that the cryptocurrency market is full of uncertainty and challenges, but it also contains potential opportunities. Investors should fully understand the related risks when participating in cryptocurrency investments, maintaining calm and rationality, and responding to market changes with a prudent strategy!
