I've been in the crypto space for too long and have seen too many veteran traders.
My biggest takeaway is:
The moment you enter the market, it determines the outcome for most people.
No matter how skilled you are or how steady your mindset is,
those who can outpace the market makers will always be very few.
Some come in with tens of millions in capital to bet against the market,
losing it all but still having venture capital to back them up, or market makers to pump the price.
Some use credit cards to leverage USDT,
only to find themselves unable to pay even the interest after liquidation.
Some go to bed with short positions, waking up to find their assets multiplied tenfold,
while others misjudge the direction and get liquidated to zero in three minutes.
Some have floating profits of several million in a day,
while others lose all their three years of savings in a single trade.
Some can still gamble on after losing a hundred thousand,
because behind them are mining machines, capital, and networks of relationships.
Some lose a few thousand and get scolded madly by their families,
not even daring to post candlestick charts on social media anymore.
Some feast on Binance,
while others get cut down to the bone in shady projects.
So, brothers, accept your fate.
It's not that you aren't trying; it's that the game has never been fair.
Passion, dreams, faith
only get burned faster in the face of leverage.