The financial market has never been an arena of knowledge, but rather a dojo of human nature.
When traders become obsessed with candlestick patterns and on-chain data, they often overlook a cruel truth: all trading strategies ultimately must undergo the tempering of human nature in the trial ground.
Most people attribute losses to insufficient understanding, but in reality, they are trapped in the maze of the unity of knowledge and action. Just like those young people in the gym who are well-versed in nutrition yet cannot control their diet, traders similarly struggle between the ideal of "buy low and sell high" and the instinct of "chasing highs and cutting losses." The most exquisite trap of the market lies in creating uncertain choices with certain rules—when stop-loss lines and greed duel in front of the computer late at night, 99% of people will become prisoners of their own emotions.
The "small capital myth" circulating in the cryptocurrency world is essentially a mental sedation by casino thinking for beginners. Those traders who fantasize about daily compounded returns are like middle-aged individuals obsessed with achieving financial freedom at the mahjong table; they will ultimately be consumed by slippage and fees. The real secret to wealth accumulation is hidden in Buffett's saying, "Time is a friend of good companies"—when 95% of short-term traders lose their vitality in a volatile market, investors holding Bitcoin spot are enjoying the compounded gifts of the halving cycle.
The fatal temptation of leveraged trading lies in how it weaves dreams of wealth with mathematical formulas. However, when crude oil futures fell to negative values in March 2020, those traders who precisely calculated the liquidation price found their models shattered to pieces in the face of a black swan. A century of lessons from Wall Street has long warned: true risk control is not about precise calculations, but about establishing a tolerance mechanism—just as an old captain always leaves enough ballast for the storm, mature traders always reserve funds to cope with extreme market conditions.
In this 7×24-hour global casino, those who survive are always the ones who regard trading as a practice. They understand how to use systems to combat human weaknesses, tame greedy desires with discipline, and distill survival wisdom that transcends technical analysis amidst the cycles of bull and bear markets. While novices chase hot trends, true sages are waiting for the next decade's snowball—after all, in the long river of cryptocurrency history, a legend of tenfold returns in three years is always less moving than a hundredfold persistence over ten years.
Recently, it's mostly internal sharing, so please pay more attention to the friends you meet.
