Self-Cultivation of Chives: The Distance Between the Dream of Wealth in the Crypto World and Reality

1. The Starting Point of the Wealth Dream: Fantasy vs. Reality

Fantasy: Everyone can catch a hundred-fold coin

The marketing stories in the crypto world make people believe that as long as they catch one coin, they can achieve financial freedom in a bull market. Many enter the market with the fantasy of 'buying means doubling'.

Reality: 99% of chives contribute to 1% of winners

Data shows that most people in the crypto world do not experience wealth growth, but rather wealth shrinkage. Short-term wealth cases are extremely attractive, but those who truly make money are often a few stable-minded and strategic individuals.

2. Why do most people become chives?

Greed and Fear Intertwined

Greed drives people to chase high prices, while fear compels them to cut losses. Emotional trading is often the root cause of losses.

Chasing Trends Without Research

Many people like to follow investment trends, trusting recommendations, yet are completely unaware of the project's technology, team, and actual applications.

The Temptation of High Leverage

Contract leveraged trading amplifies profits but also leads countless individuals to liquidation. Many hold onto the mindset of becoming rich overnight, only to end up losing everything.

Ignoring Risk Management

Without awareness of stop-losses and lacking a diversified investment strategy, individuals end up heavily invested in a single coin, posing extreme risks.

3. The Transformation from 'Chives' to 'Old Cannon'

Clarify Investment Logic, Refuse Blind Following

Do not easily believe in recommendations and gossip; before each investment, be clear about your reasons and goals.

Control Desires, Be Content

Learn to lower desires, reasonably plan profit expectations, do not pursue the fish head and fish tail, but strive for the fish body.

Value Risk Management

Never put all your eggs in one basket; diversify positions across different projects and cycles, and set stop-loss lines.

Establish a Long-Term Mindset

Short-term fluctuations are unavoidable, but if you are optimistic about the long-term trend of cryptocurrency, patiently holding is more important than frequent trading.

4. Balance Between Reality and Dreams

Getting rich is not the norm; steady appreciation is the key. The crypto world is indeed a zero-sum game, but the winners are not the smartest, but those who can control emotions and respect the market. Learning to accept small losses is the first step to avoiding big losses.