Fans say, 'I lost 800,000 playing contracts; I probably don't have the fate to get rich.' I told him: This has nothing to do with fate, it has to do with 'whether you can do it' — if you had made a steady investment in spot trading, even if you bought BTC, it should have multiplied several times by now.
He sighed: 'It's just impatience; too anxious.'
This is the truth about making money in the crypto world: the difficult part isn't the method; it's 'being able to do it'.
1. The simpler the method, the more it tests one's character.
Regular investment, holding mainstream coins, grabbing airdrops... these methods are clearly laid out, everyone knows them, but few can actually do it.
Some people held BTC for half a year, saw altcoins rise by 20%, immediately sold to chase, and as a result, BTC later doubled while the altcoins fell back to where they started. He said, 'It's too hard to endure,' but if you can't endure, you can only watch others make money.
The same goes for grabbing airdrops: Spend half an hour interacting every day, and it may take six months to get nothing, a year and then you might get something. Most people get impatient after a month and complain about 'no news', but those who actually get the airdrop are those who 'keep doing it while others give up'.
Even the contracts that are criticized as 'making people lose money', the real difficulty isn't technical. Some say 'just look at MACD to open positions', but when the indicator shows to go long, he's afraid of losing and doesn't dare to open; when he should cut losses, he hesitates to sell, and ultimately holds on until liquidation. Making money in contracts isn't about K-line skills; it's about the mindset of 'being willing to cut losses and being able to take profits' — where in the world can you find a good thing that lets you 'lie comfortably and make money while getting rich through contracts'?
2. There are few seasoned investors, not because it's hard, but because they 'can't endure'.
The retention rate of seasoned investors in the crypto world is low, not because there are 'no secrets', but because most people fall into these three pits:
Being led astray by temptation: Chasing meme coins today in a bull market, trading private placements tomorrow, seemingly busy but actually just passing on the burden to others;
Forget the pain after healing: After vowing in the last bear market 'never to touch contracts again', they can't resist opening 100x leverage again in this bull market;
Taking luck as ability: Some people made money by blindly buying in a bull market, thinking 'making money in the crypto world is too simple', but when the bear market arrives, they lose everything.
Real seasoned investors don't rely on 'avoiding all pitfalls'; they 'fall once and never step in the same pit again'. Just like some people lost everything trading altcoins in the past, later they only hold BTC and ETH, and remain unmoved even when the bear market drops 50% — it's not that they aren't afraid of falling; they know 'mainstream coins can drop and still come back, but altcoins might never return'.
3. In zero-sum games, 'surviving longer' is more important than 'making money quickly'.
The essence of the crypto world is a zero-sum game: the money you earn is likely the money someone else loses; no one can make everyone profitable and leave; just like playing Mahjong, there are always losers.
That's why some people who are well-versed in (The Art of War) still lose, and those who imitate Buffett still can't make money — your opponents are also learning and may even be tougher than you. You study K-lines for 3 hours, they study for 5 hours; you understand regular investment, they can stick to it for 5 years without stopping.
So don't think about 'get-rich-quick schemes', the real logic for making money is encapsulated in four words: stable and sustainable.
For spot trading, regularly invest in mainstream coins, do not increase positions when it falls, do not split positions when it rises, and hold through one bull and bear cycle;
For contract trading, set strict rules: stop loss not exceeding 2%, take profit for at least 3 days, and do not open positions that do not meet the conditions;
For grabbing airdrops, make a list, interact with 3 projects daily, regardless of whether they issue tokens, and persist for a year.
These things aren't difficult; the difficult part is 'when everyone is chasing the trend, you can maintain your own rhythm'.
Lastly, I want to say
Some ask 'why are there so few seasoned investors', but it's not that they leave early; it's that most people take 'floating profits as ability' and 'luck as skill'. The numbers in your account don't count as money; only when you put them in your pocket do they count; making 10 times in one go isn't impressive; being able to not lose in five bull and bear cycles is real skill.
People who make money in the crypto world are never the 'smartest', but the 'most enduring' — enduring temptation, enduring volatility, and when everyone else exits, the opportunity is naturally yours.
(If you find it useful, next time you want to chase altcoins, come back and read this article — if you can endure, you've already beaten 80% of people.)