Calm down, stick to your bottom line, and only then can you find truly your own opportunities amidst the waves of the crypto market.

Recently, I had an in-depth conversation with a seasoned investor in the industry. While sipping tea, he said something that woke me up a lot: "Look at the red and green fluctuations on the chart; on the surface, it's price changes, but essentially, it's a confrontation of human nature—most people are gambling with emotions, only a few are thinking. If you can control your temper, the market becomes a cash machine."

This statement hit the core. Having done market analysis for five years, I study various technical indicators every day but have overlooked the most fundamental thing. This friend entered the market ten years ago with 100,000 yuan, narrowly avoiding several major risks, and now his assets have grown to 42 million. He also helped a friend who lost 680,000 yuan to stop the loss, and through adjusting his approach, eventually turned a profit. That friend even bought a new car at the end of the year.

A whole afternoon of conversation helped me understand his underlying logic of "seemingly simple but rock-solid." Today, I want to organize these experiences and especially share them with traders who keep swinging between "quick profits" and "greed getting trapped."

**1. Let go of the mentality of "picking up change" and learn to "avoid pits"**

What he despises most is the approach of chasing small gains all day: "Have you heard of anyone making a fortune by scalp trading? Last year, I knew a guy who saw Ethereum rise 15%, took profits immediately and ran. But then it tripled afterward, and he could only regret missing out; learning from that, he wanted to 'hold long-term' next time, but SOL dropped from 120 to 30 dollars, wiping out all previous profits and even losing the principal—this isn't trading, it's giving money to the market."

I nodded in agreement. True profit isn't made by frequent small trades, but by avoiding big pits at critical moments. Many people stumble not because they pick the wrong coins, but because their emotions and FOMO control them.

**2. Don't blindly trust "technical indicators"**

He laughed when I mentioned this, saying that half of what I learned in these five years is "dragon-slaying techniques." Technical analysis is important, but the real key to victory lies in understanding market cycles and self-control. Those stories of making ten thousand a month relying on a certain indicator—just forget them.

**3. The biggest difference between whales and retail investors**

Why can some people earn steadily while others keep getting cut? He summarized it like this: the difference between top players and ordinary traders is not whose indicators are more accurate, but who can stay rational during the craziest market times, and who raises their guard when everyone else is optimistic.

This way of thinking had a huge impact on me. I realized that to survive and thrive in this market, IQ is secondary; mindset comes first.