0xTaozi
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Cognition and Human Nature
From struggling at the bottom to entering the crypto world, from liquidation losses to gradually establishing trading cognition, my experience is a reflection of many traders. Here are some key summaries and suggestions, hoping to help you walk more steadily and further on your future trading path
1. Your experience reveals the core truth of the crypto world
- Cognition > Luck: short-term windfalls may rely on luck, but long-term profits definitely rely on cognition. Your transition from 'heavy gambling' to learning stop-loss and take-profit is a process of cognitive upgrading.
- Risk and human nature: liquidation is not a technical issue, but a human nature issue—greed, fear, FOMO (fear of missing out). The big players teach you 'preserve the green mountains, and you won't be afraid of not having firewood', which essentially teaches you **risk first, profit second.
1. Your experience reveals the core truth of the crypto world
- Cognition > Luck: short-term windfalls may rely on luck, but long-term profits definitely rely on cognition. Your transition from 'heavy gambling' to learning stop-loss and take-profit is a process of cognitive upgrading.
- Risk and human nature: liquidation is not a technical issue, but a human nature issue—greed, fear, FOMO (fear of missing out). The big players teach you 'preserve the green mountains, and you won't be afraid of not having firewood', which essentially teaches you **risk first, profit second.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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