Many people see the crypto market as a fast lane to wealth, but in reality, it's more like an efficient elimination machine — according to industry data, over 90% of novice investors give up within their first year of entering the space.
As someone who has stumbled through this circle for several years, I’ve seen too many stories. Those newcomers full of dreams of getting rich rush in, stare at the K-line charts until dawn, follow the calls of various "experts" to trade, only to see their principal shrink from 30,000 yuan to just a few thousand. Honestly, I can relate to that feeling.
I’m not going to talk about complicated technical analysis today. Instead, I want to share a few survival lessons learned from real losses over the years. Remember one thing: surviving in this market is more valuable than chasing huge profits.
**Tip 1: Recognize the Truth of the Market, Don’t Expect Hundredfold Returns**
I’ve met many newcomers whose minds are filled with dreams of "hundredfold coins" the moment they step in, only to become stepping stones in others’ stories. It’s important to face a fact: the era of tenfold or hundredfold explosive growth is basically over.
The market has long been divided among major institutions and seasoned players. For a newcomer, simply avoiding losses already surpasses most people in the circle. As for those "mentors" who post profit screenshots every day, their real business might just be selling you spots in paid communities. Let’s be clear: 99% of retail investors in the crypto space are losing money. This is not a joke; it’s the naked market reality.
The money you invest must be idle funds, and it should be money "that won’t affect your daily life if lost." Absolutely do not use living expenses, home purchase savings, or borrow money to trade crypto. Once your principal is at risk, any market fluctuation can crush your mindset.
**Tip 2: Your Principal Is Your Life, Protect It Above All**
Your principal is all your chips in this market. In this fast-changing environment, once your principal is exhausted, even a new bull market won’t help you. The smartest risk control strategy is to protect your principal.
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MEVHunterWang
· 01-14 01:07
Tired of the sales pitches for courses, but the real question is, how many are truly surviving?
The truth is, breaking even makes you a winner—don't be brainwashed by those screenshots.
The 90%淘汰率 (elimination rate) is not wrong; all the ones around me have already left.
Playing with spare money is okay, but risking living expenses is just asking for trouble.
Preserving your principal is the key; the dream of getting rich overnight should be awakened.
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ruggedSoBadLMAO
· 01-13 15:45
Bankrupted three times and still reading articles like this, hilarious. Might as well go all-in on a shitcoin for some fun.
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FrogInTheWell
· 01-13 13:55
Really, 90% of beginners leave in their first year, and the remaining 10% are not doing much better.
That hits too close to home. I am one of those who shrank from 30,000 to a few thousand.
The "mentors" who follow the trend and call the shots have long made enough money, they just rely on selling communities to cut leeks.
Protecting your principal is truly more valuable than anything else; otherwise, even if a bull market comes, it won't be our turn.
You've heard a hundred times that investing with spare money is good, but how many actually do it?
The metaphor of the elimination machine is spot on; the crypto world is so brutal.
Anyone still trading coins now is either so rich they’re annoyed or still not completely trapped.
Stop dreaming of 100x returns; just staying alive is winning.
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AirdropHermit
· 01-13 13:51
90% exit in the first year, and the remaining 10% are not many who make money. Honestly, it's a matter of probability.
Those who buy community spots from mentors, really stop wasting time. The loss is just tuition fees.
Only when the principal is protected can there be a next round. Otherwise, even if the bull market goes crazy again, it won't be your turn. That's ridiculous.
I've also experienced shrinking from 30,000 to a few thousand. My mindset was really崩了 back then. Now I see it more clearly.
The saying "invest with idle money" is so right. Borrowing money to trade crypto is just foolish.
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AlphaLeaker
· 01-13 13:37
Damn, this paragraph really hit home for me. The part about turning 30,000 into a few thousand—that's exactly about me.
Really, don't trust those mentors; they just want to harvest your gains.
Preserving your principal > chasing a hundredfold; that's the only way to survive.
99% of retail investors lose money, and I am one of the unlucky ones in that statistic.
Investing with idle funds is the key point; the older brother is not wrong.
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VibesOverCharts
· 01-13 13:35
That's right, I am one of the 90%, haha.
I've seen through the mentors' business long ago; paid groups are their real cash cow.
Protecting the principal is truly winning; greed can wipe it all out in an instant.
It's easy to say but hard to do; mindset, you know.
I've also experienced the feeling of losing 30,000 yuan; now I just consider it as tuition.
Many people see the crypto market as a fast lane to wealth, but in reality, it's more like an efficient elimination machine — according to industry data, over 90% of novice investors give up within their first year of entering the space.
As someone who has stumbled through this circle for several years, I’ve seen too many stories. Those newcomers full of dreams of getting rich rush in, stare at the K-line charts until dawn, follow the calls of various "experts" to trade, only to see their principal shrink from 30,000 yuan to just a few thousand. Honestly, I can relate to that feeling.
I’m not going to talk about complicated technical analysis today. Instead, I want to share a few survival lessons learned from real losses over the years. Remember one thing: surviving in this market is more valuable than chasing huge profits.
**Tip 1: Recognize the Truth of the Market, Don’t Expect Hundredfold Returns**
I’ve met many newcomers whose minds are filled with dreams of "hundredfold coins" the moment they step in, only to become stepping stones in others’ stories. It’s important to face a fact: the era of tenfold or hundredfold explosive growth is basically over.
The market has long been divided among major institutions and seasoned players. For a newcomer, simply avoiding losses already surpasses most people in the circle. As for those "mentors" who post profit screenshots every day, their real business might just be selling you spots in paid communities. Let’s be clear: 99% of retail investors in the crypto space are losing money. This is not a joke; it’s the naked market reality.
The money you invest must be idle funds, and it should be money "that won’t affect your daily life if lost." Absolutely do not use living expenses, home purchase savings, or borrow money to trade crypto. Once your principal is at risk, any market fluctuation can crush your mindset.
**Tip 2: Your Principal Is Your Life, Protect It Above All**
Your principal is all your chips in this market. In this fast-changing environment, once your principal is exhausted, even a new bull market won’t help you. The smartest risk control strategy is to protect your principal.