When I transferred 1.2M profits to my family’s account, I remembered how it all began with just 50K principal. I survived the 2022 bear market without cutting losses, and I didn’t chase highs during 2023’s bull run. If you want to stay in the crypto world long-term, the first lesson is simple: ❌ quit relying on feelings.
Here are 6 battle-tested lessons from countless pitfalls:
1️⃣ Profits climb slowly, losses fall fast. Doubling 500K to 1M is tough, but a 50% drop wipes out that 1M back to 500K in no time.
2️⃣ Beware of volatility traps. 📉📈 A +15% gain followed by -15% loss doesn’t bring you back to square one—it cuts principal by 2.25%. Repeat that cycle, and your portfolio evaporates.
3️⃣ High volatility ≠ high returns. A friend’s 1M grew +50% then dropped -30%. Looks like 1.05M, but annualized return <3%. Steady growth beats roller-coaster swings. 🎢
4️⃣ Small profits = rules. Big profits = patience. Don’t chase 2% daily returns. Most who try blow up within months. 📌 Greed kills. Always set take-profit & stop-loss orders.
5️⃣ Don’t confuse luck with skill. Occasional wins are not proof of mastery. Discipline > emotion.
6️⃣ Calculate cost correctly. If you buy 20K coins at ¥8, then another 20K at ¥4, your average isn’t ¥6.5—it’s ¥6. Math matters! 🧮
🔥 Key Rule: Stay Alive First → Grow Later.
In crypto, survival is victory. 💪
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