When I first entered the crypto world, like most people, I fantasized about getting rich overnight through trading. Reality quickly gave me a slap in the face. It was only later that I gradually understood that trading, at its core, is a never-ending battle against one’s own greed, fear, and impulsiveness.

After spending so many years navigating this market, I’ve noticed an interesting phenomenon—no one is a forever winner. Some people make a huge profit this year and disappear next year. Those who last the longest are not necessarily because they have secret weapons, but because they know how to constantly adjust themselves to adapt to the market’s rules. The biggest gains I’ve made aren’t from sophisticated technical indicators, but from understanding human weaknesses, respecting risk, and obsessively maintaining discipline.

I want to share a few real feelings, accumulated through repeated battles.

First, the market actually never actively punishes anyone; it just keeps repeating the same lessons. The things that seem so simple—trend judgment, support and resistance, capital allocation, discipline enforcement—are actually the essentials for survival. Many people get lost in complex theories and end up failing at the most basic steps. Mastering these few things to the extreme makes survival straightforward.

Second, instead of wasting energy trying to predict what will happen tomorrow, focus on what should be done today. Every day, people guess whether prices will go up or down, but the result is either account zeroing out or being slapped in the face by reality. Trading is not about prediction; it’s about execution. You can’t control short-term price movements, but you can control whether you follow your plan strictly. From a probability perspective, in the long run, those who stick to discipline always have the upper hand.

Third, have completely different attitudes toward profits and losses. Be ruthless in holding onto profits—let them run enough; be decisive in cutting losses—don’t cling to illusions. Many misunderstand losses, thinking that being cautious means avoiding all losses. That’s not true. Reasonable losses are part of trading costs; what’s dangerous is stubbornly holding onto losses and hoping for a rebound. Conversely, real profit isn’t about how frequently you trade, but about how one correct move can significantly increase your gains.

Fourth, watching the screen for too long makes it easy to be consumed. I’ve seen too many people glued to their screens, afraid of missing any fluctuation, trying to earn every penny in the market. The end result is anxiety, impulsiveness, and frequent trading—people like this are not far from losses. Successful traders usually know how to keep their distance from the market. They can patiently wait and are not disturbed by short-term noise.

Fifth, observe true experts, and you’ll find their trading is actually quite “boring.” No greed, no panic, no gambling—just following rules like robots. They never rejoice excessively when making money, nor do they collapse emotionally when losing. This apparent “boringness” is actually the strongest competitive barrier.

Sixth, and last, living long enough is far more valuable than running fast. Many people fail not because they lack ability, but because they don’t make it to the end. Managing risk, controlling position sizes, maintaining a stable mindset—keeping yourself at the table—are the keys to the power of compound growth.

Ultimately, the market’s rules won’t change for anyone. The only thing you can change is yourself. Making money never relies on magical secrets or black technology; it depends on your understanding of the market and your disciplined execution. Once you truly realize this, you won’t need anyone to tell you what to do—because the market itself is the best teacher.