The real fatal flaw in the crypto world has never been not being able to buy a hundredfold coin, but one word: endure.
When the coin price starts to drop, the first reaction of most people is not to cut losses,
but to self-comfort—"Just wait a bit longer, I will sell once it rebounds a little."
As a result, they don't sell on the first day of the rebound, and the next day it continues to drop,
with their inner dialogue growing stronger: "It's already dropped so much, it will surely go back up, right?"
The market doesn’t need a crash to break you; it only needs to slowly decline,
enough to wear down your patience and profits, ultimately dragging down your principal as well.
What often destroys a person is not a single significant drop, but that attitude of "refusing to admit mistakes."
When it drops 2%, they think they can endure it; when it drops 5%, they start to feel anxious, and it isn’t until they are down 30% or 40% that they realize: their account has already become inactive.
This isn’t the market being ruthless; it’s you not stopping when you should.
Those who can consistently profit treat cutting losses like a reflex.
Because they understand: you can misjudge the direction, but you cannot disregard discipline.
Once a position breaks, they leave without hesitation, not arguing about right or wrong, just preserving their capital.
They accept small losses, but absolutely do not allow a single mistake to swallow up ten profits.
Trading is not about who predicts more accurately, but whether you can decisively withdraw when you make a mistake.
The market has never lacked opportunities; what it lacks is people who can survive to the next opportunity.
Don’t mistake luck for skill; if you want to survive in this market, first learn to admit mistakes straightforwardly.
Once the rhythm is stable, the window for turning things around will naturally open.
