The most toxic thing about trading markets is not that they make you lose everything at the start, but rather the opposite — they first sweeten you up with some small gains, dressing up those wrong moves as "shiny and bright." By the time you believe it, get hooked, and start playing recklessly, they come in for the big harvest.
To put it plainly, this is a mechanism that exploits human nature. The desire to make quick, large, and super profits is something the market sees through better than anyone. If you occasionally make a profit from chasing rallies and selling dips, you'll start to get cocky, thinking you've gained some enlightenment; if you heavily invest in a niche coin just as it takes off, you'll fantasize about finding the secret to turning things around.
This kind of short-term positive feedback is especially dangerous. It gradually trains a person into a wrong trader. They become bolder, take bigger positions, and play more recklessly, getting addicted like a drug.
But reality is ruthless. The money you chase out often gets wiped out in the next more severe correction, including the principal and profits; the small gains from heavy bets can also be taken away when the project crashes. I've seen too many people in the crypto world, who early on made a fortune with a bit of luck, only to see their profits evaporate when the market turns, losing not just gains but also their principal. From overconfidence to total breakdown of mindset, it only takes one winter. This is the market’s final reckoning for wrong trading behaviors — maybe late, but never absent.
In this market, the most deadly thing is not that you didn’t make money temporarily, but that you mistake luck for skill. Behind those seemingly easy quick bucks, there are often hidden landmines you never see.
Those who can truly survive long-term are not the ones chasing hot trends or betting on huge profits, but those who maintain rhythm, control risks, and follow the trend. Respect the market’s rules, don’t always try to fight the trend; fear risk, and never gamble your principal on the future.
In one sentence: the market may go crazy for a while, but it can never stay crazy forever. Those "rewards" for wrong operations are not gifts, but countdowns. In the crypto world, surviving is a hundred times more important than making quick money.
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MEVSandwichMaker
· 01-19 04:22
This is the story I see every day. Earning a little profit early on makes you think you're a trader.
So many people get trapped after going all-in on obscure coins, really.
The market feeds on your greed.
Living is much more important than getting rich. Now I finally understand this.
The small amount of money you made earlier isn't enough to fill the holes later on.
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PhantomMiner
· 01-18 20:11
Really, I've seen too many people around me. A couple of months ago, they made some money relying on luck, then started leveraging up and going all-in. As a result, one limit-down wiped everything out, and they even ended up in debt. Relying on luck as a skill, this pit is too deep.
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AllTalkLongTrader
· 01-16 04:47
Really, I've seen too many people go all-in thinking they've achieved enlightenment, only for the market to turn around and slap them in the face.
Making money temporarily doesn't mean you have skill; surviving is the real challenge.
If you still dare to go all-in during this dip, then get ready to be harvested.
Risk control sounds simple, but actually doing it is really hard. Greed kills people.
Let me tell you, the market's cruelest trick is to give you a little sweetness first, make you feel euphoric, then a wave of pullback will wipe you out completely.
Luck is often mistaken for ability, and that's the biggest trap.
I've seen too many veteran crypto traders crash and burn—one winter, they go from gods to ghosts.
Heavy positions are really not to be played with; I've learned my lesson.
Those quick gains that seem easy are often the traps set for you.
Living is much more important than making quick money, everyone.
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screenshot_gains
· 01-16 04:41
Really, several people around me have crashed like this. In the early days, earning dozens of times made them think they were experts.
I've heard too many stories of the old waves turning around, only to lose everything in a single correction and even risked their principal.
Basically, it's a mix of luck and ability. The market will eventually pay interest.
Where are those who heavily bet everything now? They should have listened to these words long ago.
It's just that they can't change no matter what. When they see prices rise, they want to go all in. Greed is truly more toxic than anything.
Living is much more important than sudden wealth. This is the truth.
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PumpBeforeRug
· 01-16 04:35
Really, after the thrill of a full gamble, it's endless cutting of losses.
The money earned from luck is the fastest to run away, I have deep experience with this.
Those early waves of huge profits made me go crazy, but the market later hammered me back to the starting point.
The key is mindset. Once you've tasted quick money, you can't stop.
Living is more important than getting rich overnight, this hits home.
The market has never lacked countdowns, only people who survive.
Those who make a profit and then run are the truly smart ones.
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GweiTooHigh
· 01-16 04:27
Really, a wave of ups and downs can reveal who has no brains
Lucky several times and you start to think you're a master, but this mindset will eventually lead to big losses
That's right, the most terrifying thing in the crypto world is that tiny profit that completely corrupts people
I swear, I went from earning five figures to liquidation, a bloody lesson
Being alive is more important than getting rich overnight, this really hits home
Chasing highs and selling lows feels good for a moment, but the reckoning will come later
The market teaches this lesson harshly, but you have to endure this hardship to live long
The most toxic thing about trading markets is not that they make you lose everything at the start, but rather the opposite — they first sweeten you up with some small gains, dressing up those wrong moves as "shiny and bright." By the time you believe it, get hooked, and start playing recklessly, they come in for the big harvest.
To put it plainly, this is a mechanism that exploits human nature. The desire to make quick, large, and super profits is something the market sees through better than anyone. If you occasionally make a profit from chasing rallies and selling dips, you'll start to get cocky, thinking you've gained some enlightenment; if you heavily invest in a niche coin just as it takes off, you'll fantasize about finding the secret to turning things around.
This kind of short-term positive feedback is especially dangerous. It gradually trains a person into a wrong trader. They become bolder, take bigger positions, and play more recklessly, getting addicted like a drug.
But reality is ruthless. The money you chase out often gets wiped out in the next more severe correction, including the principal and profits; the small gains from heavy bets can also be taken away when the project crashes. I've seen too many people in the crypto world, who early on made a fortune with a bit of luck, only to see their profits evaporate when the market turns, losing not just gains but also their principal. From overconfidence to total breakdown of mindset, it only takes one winter. This is the market’s final reckoning for wrong trading behaviors — maybe late, but never absent.
In this market, the most deadly thing is not that you didn’t make money temporarily, but that you mistake luck for skill. Behind those seemingly easy quick bucks, there are often hidden landmines you never see.
Those who can truly survive long-term are not the ones chasing hot trends or betting on huge profits, but those who maintain rhythm, control risks, and follow the trend. Respect the market’s rules, don’t always try to fight the trend; fear risk, and never gamble your principal on the future.
In one sentence: the market may go crazy for a while, but it can never stay crazy forever. Those "rewards" for wrong operations are not gifts, but countdowns. In the crypto world, surviving is a hundred times more important than making quick money.