Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Recently, a hot topic has been trending online — a female streamer earned 2 million in tips over three days through live streaming activities. In ordinary industries, this would already be considered a huge success. But in the crypto world? Veteran traders are all laughing. In a place where "earning millions daily is nothing, and a single contract can go to zero," these stories of sudden wealth instead expose the most terrifying lies in the market.
**The logic behind consistent profits is simple**
That streamer’s 2 million may seem sudden, but it’s actually quite solid. No leverage, no contracts involved, just attracting viewers with content and voluntary tips. She made no exaggerated promises, no false advertising. After the hype faded, the money remained in her account. Even if traffic dries up someday, she can return to a normal life. This 2 million is real income, zero risk.
The so-called "getting rich overnight" understood by crypto people is a completely different species. These traders don’t do long-term investments; they focus on a reversal — using 3x leverage to chase unknown altcoins, hoping they will 10x overnight; or going all-in on memecoins, betting they will become the next Dogecoin. The problem is, 90% of these new coins will ultimately go to zero. The first type is a lucky few who hit the jackpot; the latter is basically gambling.
**From peak to abyss, only one decision is needed**
Stories like these are never absent in crypto: someone turns 1,000 yuan into 1 million in half a year, then reverses and adds 10x leverage to chase a high, only to be liquidated in a plunge. Others see the price rise and refuse to take profits, waiting for a 3x increase, but end up cutting their position after a sharp drop, still adding more to average down, ultimately losing everything.
The most ironic part is, these people are often not beginners. They’ve made big money before, tasted success, and then can’t go back. Every loss fuels their desire to "recoup," but instead, they fall into a vicious cycle of gambling bigger and bigger. Leverage is like a poison; initial use amplifies gains, but addiction only amplifies losses.
**What is the real secret to wealth**
The underlying logic behind the streamer’s stable profits is actually: do what you can control, earn predictable returns, and avoid betting your fate on extremely unlikely events. In crypto, this sounds like a joke because the mainstream voice always says "Go all in to make big money."
But if you do the math, it’s clear: every year, a large amount of capital floods into pursuit of those 0.1% opportunities for sudden wealth. In the end, 99% of people either break even and leave or get liquidated. It’s better to learn from those who adopt a "low risk, high empathy" approach — work steadily, realize consistent gains, and even if growth is slower, at least you can sleep peacefully.
The crypto world needs this kind of reflection: higher leverage and bigger risks do not necessarily mean higher returns. Sometimes, simply surviving long is the biggest win.