The Screen Obsession of Cryptocurrency Enthusiasts: How many times do you open the app every day, hiding the truth of survival?

I used to laugh at my friend, "Never leaving the phone, checking K-line first thing in the morning," until I entered the crypto world myself and understood.

Waking up in the morning, I reach for my phone to check the market; during my commute, I scroll through my holdings, fearing I might miss the fluctuations; I can't sleep at night without checking my account, and I can't even count how many times I open the trading software in a day.

Behind this high-frequency swiping, where is the addiction to trading?

It's just our retail investors gripping that little bit of capital, instinctively clutching at a lifeline in a brutal market.

Most retail investors' entry money is "money they can't afford to lose": it might be the savings from half a year's rent, or money planned for their parents' health check-ups, or even the childcare funds they've been saving for a long time.

The "time value" mentioned in finance doesn't apply in the crypto world — the current 100,000, and the 100,000 five years later, are separated by project exits, tokens going to zero, and daily expenses that need to be covered. No one dares to gamble on "waiting it out."

Small capital relying on value investment to double takes at least three years; yet the crypto market, which operates 24/7, constantly teases you: mainstream coins suddenly surging at three in the morning, newly launched altcoins doubling in price, high-leverage profits being flaunted, all shouting, "Get in quickly, you can turn things around."

I was once lured by this temptation, fully aware of the high risks, but still couldn't resist opening high-leverage contracts, only to end up falling hard.

We retail investors don’t have institutional quantitative models, nor do we have spare cash for diversified investments; we can only focus on high-odds opportunities — always feeling that "one contract tripling is worth ten small profits," and hitting on a hundredfold coin can change one’s fate.

But high odds always come with high risks; I’ve seen people get liquidated by margin calls and have tried chasing meme coins only to end up empty-handed, eventually realizing that "gambling" simply doesn’t get you far.

In fact, frequent trading isn't wrong; lacking a protective strategy is what’s deadly.

Now I only follow three rules: pull out at the profit-taking point, cut losses when hitting the stop-loss line, only use spare cash to enter the market, and absolutely never go all in.

If you also find yourself staring at the screen in a panic, afraid of pitfalls but wanting to play it safe, we can talk more about building discipline and looking into the small details of projects, helping each other avoid the detours I took back in the day @招财宝哥