#ETH At 27, I went through a series of liquidations, losing 3 million in the crypto space, but I climbed back up: Why do ordinary people never make money?
Restarting life at 28
Not selling courses, not giving signals, just sharing real experiences and investment insights.
The most ironic thing I've heard is:
'Crypto changes destinies.'
But no one tells you that,
most of the time, it changes destinies for the worse.
When I turned 28, my account was zeroed out, and I was deep in debt.
It wasn't from a lack of effort, but from believing too much in 'opportunities.'
That year, I truly understood:
Ordinary people don't lose due to opportunities, they lose due to their mindset.
1. You think you're investing, but you're actually gambling.
When I first entered Web3, I was like many others—
watching candlesticks, listening to news, chasing trends.
Today it's DeFi, tomorrow it's NFTs, the day after it's some new chain.
You think you're 'positioning for the future,'
but you're just gambling in a different place.
Why do 90% of people lose money in crypto?
It's not that the projects are bad,
it's that you don't even know what you're doing.
👉 Operations without logic are essentially gambling.
2. Human nature is the biggest 'scalpel.'
Many people feel they are being cut by the market,
but in reality, you're cutting yourself.
Greed—wanting more as prices rise; Fear—afraid to hold as prices drop; Urgency—wanting to double your money overnight.
I was just like that:
not selling as prices rose (afraid of missing out), averaging down as prices fell (not admitting defeat), and ultimately holding until zero.
3. The key to turning things around is not making it back, but 'stopping.'
I turned things around not by catching some hundredx token,
but by doing something many cannot do:
👉 Stopping reckless trades:
I spent half a year doing just three things:
1. Avoiding projects I didn't understand
2. Not engaging in short-term pump and dump strategies
3. Ensuring every trade had logic behind it.
Slowly, you'll realize:
money isn't made back all at once,
it's about not losing it bit by bit.
Crypto isn't just an opportunity; it's a magnifier, not the opportunity itself.
— If your understanding is high, it magnifies your wealth
— If your understanding is low, it magnifies your losses
So the 'get-rich-quick' stories you see,
behind them are often countless stories of people going to zero.
Don't chase 'instant wealth,'
just focus on one thing:
let every dollar flow logically.
But I keep pondering one question:
👉 If given another chance,
would you choose to 'steadily improve,'
or 'gamble for a comeback'?
Restarting life at 28
Not selling courses, not giving signals, just sharing real experiences and investment insights.
The most ironic thing I've heard is:
'Crypto changes destinies.'
But no one tells you that,
most of the time, it changes destinies for the worse.
When I turned 28, my account was zeroed out, and I was deep in debt.
It wasn't from a lack of effort, but from believing too much in 'opportunities.'
That year, I truly understood:
Ordinary people don't lose due to opportunities, they lose due to their mindset.
1. You think you're investing, but you're actually gambling.
When I first entered Web3, I was like many others—
watching candlesticks, listening to news, chasing trends.
Today it's DeFi, tomorrow it's NFTs, the day after it's some new chain.
You think you're 'positioning for the future,'
but you're just gambling in a different place.
Why do 90% of people lose money in crypto?
It's not that the projects are bad,
it's that you don't even know what you're doing.
👉 Operations without logic are essentially gambling.
2. Human nature is the biggest 'scalpel.'
Many people feel they are being cut by the market,
but in reality, you're cutting yourself.
Greed—wanting more as prices rise; Fear—afraid to hold as prices drop; Urgency—wanting to double your money overnight.
I was just like that:
not selling as prices rose (afraid of missing out), averaging down as prices fell (not admitting defeat), and ultimately holding until zero.
3. The key to turning things around is not making it back, but 'stopping.'
I turned things around not by catching some hundredx token,
but by doing something many cannot do:
👉 Stopping reckless trades:
I spent half a year doing just three things:
1. Avoiding projects I didn't understand
2. Not engaging in short-term pump and dump strategies
3. Ensuring every trade had logic behind it.
Slowly, you'll realize:
money isn't made back all at once,
it's about not losing it bit by bit.
Crypto isn't just an opportunity; it's a magnifier, not the opportunity itself.
— If your understanding is high, it magnifies your wealth
— If your understanding is low, it magnifies your losses
So the 'get-rich-quick' stories you see,
behind them are often countless stories of people going to zero.
Don't chase 'instant wealth,'
just focus on one thing:
let every dollar flow logically.
But I keep pondering one question:
👉 If given another chance,
would you choose to 'steadily improve,'
or 'gamble for a comeback'?