Recently observing BEAT's trend, I suddenly realized why many newcomers in the crypto world always lose money—it's less about choosing the wrong coin and more about having the wrong mindset.

When the market drops, most people follow this routine: when it falls by 2%, they don't take it seriously, thinking "small problem, wait for the rebound to sell." Then the rebound comes, and they hesitate to sell. Next, it drops again, and this time they cling to the idea of "must wait until price X," stubbornly holding on. What happens then? It drops from 2% to 5%, then to 30%, 40%, and by the time they realize it, they've lost everything.

Many think this is the market's fault. But actually, that's not correct—the real problem lies in the trading logic itself. Traders who make consistent profits year after year think completely differently: they don't wait to lose money and panic; instead, they plan ahead at the moment of placing the order, asking themselves "what if I’m wrong." Once the price breaks support or the pattern collapses, they immediately exit without arguing with the market, only caring whether their account is still alive.

By observing these consistently profitable traders, you'll find a common trait—they never hesitate to cut losses. They’re not afraid of small mistakes and losses; they fear stubbornly holding on and losing everything they’ve gained. True long-term holding also depends on conditions: if the core logic hasn't broken down, funds are sufficient, and they can handle long-term volatility, then they are qualified to "buy more on dips." As for most people who stubbornly hold on, frankly, they just don't want to admit they were wrong.

The core of trading is never about who predicts more accurately, but about who reacts faster after making a mistake. Making more profit doesn't matter if a big retracement can wipe it all out—unless you learn to cut losses in time. The market is always there, and there are plenty of opportunities to make money; the key is to leave yourself a backup plan before each trade.

The first step to surviving long in this circle is to learn to admit mistakes gracefully. Cutting losses is not weakness; it’s the bottom line for staying alive.