Things in the crypto world are really hard for most people to understand.

Many believe that after learning so much technical analysis, understanding on-chain data, and studying macroeconomics, they can trade contracts successfully. What’s the result? Liquidation, account zeroed out, mindset collapsed.

But what’s the real key? Knowledge isn’t actually that important; mindset is. The market never tests your IQ; it tests your execution and control.

You see, is trading difficult? Theoretically, it’s not hard—buy low, sell high, simple and clear. But why can’t you do it? Because you’re afraid of falling prices, so you don’t dare to buy low; you’re afraid of rising prices, so you don’t dare to sell high. Then you get eliminated by the market.

I’ve seen many people think that with small capital, they should trade short-term and compound, making 10% on one trade and then 20% on the next, hoping to profit from high-frequency trading in the short term. The reality is, short-term trading is almost equivalent to high-frequency gambling. Fees and slippage gradually eat away at your principal. The real way to turn things around is not through short-term trading or daily turmoil, but by following major trends, patiently waiting for fluctuations, and steadily reaping substantial gains.

There’s another misconception: many think that "setting leverage correctly solves everything," but do you know? Once extreme market conditions arrive, leverage settings become a joke, leading directly to liquidation.

The most critical point is that true risk management thinking is not about checking "has this position been liquidated?" but rather "what’s the maximum I can lose on this trade?" The maximum loss you can tolerate is the key to determining how far you can go.

If you want to survive long in the crypto world, relying solely on technology isn’t enough. You need a systematic strategy, strong discipline, and, most importantly, you must cultivate contrarian thinking.

Stop going solo; follow the right people, find the right methods, and move at the right pace; that’s the way to long-term success.