#CFTC historic approval of BTC perpetual contracts
The most confusing thing in the crypto world has never been the market trends, the whales, or the charts.
It's the get-rich-quick myths that everyone chases after.
Every day in the community, people show off doubling, tenfold gains, or upgrading from ordinary cars to luxury cars.
Everyone enters with the same original intention: to seize an opportunity, to turn their life around, to defy fate as ordinary people.
But after going through it all, you realize:
The crypto world has never been a place to make money; it’s a magnifying glass for human nature.
The greed you restrain in reality, the suppressed luck, the hidden gambling nature—all get infinitely amplified here.
The vast majority of losses are never because people don’t understand candlestick charts.
They lose to their own human nature.
At first, entering cautiously with small positions and trial and error, people can actually make money.
After the first and second profits, the mindset changes.
They start thinking the market is simple, they are gifted, and luck is on their side.
Greed kicks in, leading to adding positions, going all in, chasing highs, and holding losing trades.
What started as wanting to earn some pocket money ends up wanting to make a fortune in life.
Hearing the myths too much, they mistakenly believe they can replicate others’ miracles.
But the crypto get-rich-quick myths are always survivor bias.
What you see: tens of thousands turning into millions, one wave of market wealth freedom.
What you don’t see: countless people liquidated to zero, drowning in debt, sleepless at night.
The market is best at exploiting human weaknesses to harvest profits.
When the market rises slightly, you’re too greedy to take profits, thinking it will double again;
When the market dips slightly, you’re too hopeful not to cut losses, thinking it will rebound soon;
When the market crashes, you fear selling at the bottom, then miss the rebound and chase highs again.
Following the crowd is even scarier.
Everyone in the group shouts buy, you dare not short;
The whole network is euphoric, you rush in blindly;
Others show off their riches, your mindset breaks and you trade recklessly.
Everyone chases myths, and in the end, everyone becomes a stepping stone for those myths.
The cruelest part is:
The crypto world gives you infinite fantasies but rarely matches ordinary people with the cognition and discipline needed.
Going all in, leverage, betting on the market, betting on miracles, betting on luck.
Time and again unwilling to give up, time and again sunk costs.
Trapped and unwilling to sell, losing everything and unwilling to leave.
In the end, you’ll find:
Those who survive long in this market
Are not the best predictors, nor the boldest.
They are the ones who best control their human nature.
Get-rich-quick myths will always exist, but they never belong to the greedy and impatient.
The market never lacks opportunities; it lacks people who can keep their composure.
All profits and losses that seem to be about the market
Ultimately boil down to wins and losses of human nature.
When the tide recedes and the myths end,
Those who leave alive, protect their principal, and keep their mindset steady are the true winners.
#美光科技市值破万亿:存储超级周期
#HYPE:灰度质押型ETF明日上市
$BTC
$ETH
$LAB