The mindset of getting rich quickly can destroy investors



There are countless legends circulating in this market: multiplying tenfold in three or five days, becoming a billionaire overnight. Hearing these stories repeatedly, no one thinks about steady growth anymore. The problem isn't just money; more critically, the mindset is completely altered—judgment of risk and understanding of the market are both worn down.

Take people in their twenties just entering the market. This age is the most dangerous because they have ample time, limited capital, and a desire to change their lives. Once they taste the thrill of quick gains, it's hard to weigh benefits and risks rationally. The design of the crypto market's temptation mechanisms is too clever—stories of hundredfold coins everywhere, wealth-building myths in communities, and every market wave brings regrets of "why didn't I buy."

So what's the problem? Most people have the probabilities reversed. They see others making money but fail to see the larger number of people losing their principal. This is not just a wealth game but a cognitive gamble. Before choosing to enter, ask yourself: what is the worst-case scenario I can endure?
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ColdWalletGuardianvip
· 18h ago
That's so true. The friends around me who are in their 20s are getting more and more obsessed; they can only sleep if they go all in. Really? Those who don't see losses only see stories of making money. This mindset will explode sooner or later. Have they asked about the worst-case scenario? They don't even dare to think about it. Once they go all in, it's over. The temptation of 100x coins is indeed irresistible, but nine and a half out of ten are cannon fodder. Does anyone say otherwise? Having more time and less principal is the most deadly combination, and it's exactly the perfect setup for young people to make money. I think most people can't even tell the difference between investing and gambling; they're just playing based on luck. I've never seen anyone become a billionaire through steady appreciation; only stories in books have that.
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ColdWalletGuardianvip
· 01-07 08:35
To be honest, this is the biggest poison in the crypto world. I've seen too many people opening seven or eight accounts, watching the charts until midnight every day just for that "tenfold dream." As a result, most of them end up cutting their losses and leaving. The ones who actually make money are surprisingly low-key.
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AirdropHuntressvip
· 01-07 05:57
That's a real punch to the gut. Data shows that actually 99% of quick wealth stories are backed by survivor bias, but no one wants to see those wallet addresses that got wiped out...
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TokenomicsTrappervip
· 01-07 05:55
lmao the "why didn't i buy" copium is peak greater fool theory... actually if you read the tokenomics nobody's talking about the vesting unlocks incoming next quarter
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GateUser-1a2ed0b9vip
· 01-07 05:50
Honestly, don't rush to enlightenment until you've lost enough to doubt life itself.
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ponzi_poetvip
· 01-07 05:40
Honestly, I'm already tired of those hundredfold coin brainwashing articles... --- Damn, it's the same old story. Everyone around me is losing everything and not even wearing their underwear anymore. --- Really, most people's brains are truly messed up when it comes to probability. --- I just want to ask, who the hell has really doubled their money quickly and dares to show up? --- I was naive in my twenties too. Luckily, I woke up in time haha. --- This is the most toxic psychological toxin in the crypto world, more deadly than rug pulls. --- Every time I see others making money, I get hooked and can't stop. --- The term "cognitive gambling" is so accurate; most people don't even know what they're gambling on.
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LiquidityWitchvip
· 01-07 05:38
That's right, I came in through this mystical way.
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