In a market where prices can fluctuate by more than 50% in a single day, those who survive through two rounds of bull and bear markets have a common trait —
They do not borrow money to trade coins, nor do they touch coins they don't understand.
They take profits in batches after a 20% gain, without constantly thinking about getting the whole fish.
When they see a price surge warning, they check on-chain data first, instead of immediately going all in.
In simple terms, the cryptocurrency world is a game of confrontation between ordinary people and large funds. Without insider information and the ability to analyze data, one can only be the one getting harvested.
One principle I understand more and more as I play: if you don't understand something, you won't make money, and the luck you rely on will eventually be lost through skill.
Now, I watch the market every day and summarize patterns, not to get rich quickly, but to achieve three things:
To know why it went up (Is it a pump by the big players or is there real positive news?)
To understand why it went down (Is it bad news or a technical correction?)
When others shout for trades, I can discern whether it's an opportunity or a trap.
