After navigating the crypto world for a while, you'll notice a phenomenon: why do some people end up losing everything while others steadily move toward financial freedom despite entering the market at the same time?
The answer to this question actually lies in three types of people.
The first type gets wiped out immediately. They share a common trait — impatience. They rush to leverage up to turn things around, jump into hot projects, or even borrow money to bet. The intense volatility in the crypto market is not a game for retail investors; a deep correction with high leverage can wipe out an account in an instant. Not to mention projects going to zero, rug pulls, lost private keys, phishing scams, exchange risks—any one of these pitfalls can lead to outright failure.
The second type, those who truly make big money, follow a very simple path — persistent focus on just one thing. Holding mainstream assets, buying with spare cash, holding onto them, and ignoring short-term fluctuations. Instead of trading, they are doing asset allocation, relying on the power of heavy positions combined with time.
The third type is the most common and also the most heartbreaking. These people are always busy — researching projects, arbitraging, swing trading, and never stopping. But they never dare to increase their positions, so their returns are usually mediocre. Some try to avoid every correction, but end up repeatedly selling low and chasing high, missing out on the real big moves each time.
Beyond decision-making, personality issues can also hold people back. Chasing gains and selling at losses, impulsively buying at high prices, panicking at lows—anytime there's profit, they rush to take it, always missing the core of the main upward trend.
In the end, investing isn't about who is smarter, but about whose character and discipline are stronger. Cultivating the right mindset slowly is the key to walking further and more steadily.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
After navigating the crypto world for a while, you'll notice a phenomenon: why do some people end up losing everything while others steadily move toward financial freedom despite entering the market at the same time?
The answer to this question actually lies in three types of people.
The first type gets wiped out immediately. They share a common trait — impatience. They rush to leverage up to turn things around, jump into hot projects, or even borrow money to bet. The intense volatility in the crypto market is not a game for retail investors; a deep correction with high leverage can wipe out an account in an instant. Not to mention projects going to zero, rug pulls, lost private keys, phishing scams, exchange risks—any one of these pitfalls can lead to outright failure.
The second type, those who truly make big money, follow a very simple path — persistent focus on just one thing. Holding mainstream assets, buying with spare cash, holding onto them, and ignoring short-term fluctuations. Instead of trading, they are doing asset allocation, relying on the power of heavy positions combined with time.
The third type is the most common and also the most heartbreaking. These people are always busy — researching projects, arbitraging, swing trading, and never stopping. But they never dare to increase their positions, so their returns are usually mediocre. Some try to avoid every correction, but end up repeatedly selling low and chasing high, missing out on the real big moves each time.
Beyond decision-making, personality issues can also hold people back. Chasing gains and selling at losses, impulsively buying at high prices, panicking at lows—anytime there's profit, they rush to take it, always missing the core of the main upward trend.
In the end, investing isn't about who is smarter, but about whose character and discipline are stronger. Cultivating the right mindset slowly is the key to walking further and more steadily.