#美SEC促进加密资产创新监管框架 When MYX, ZEC, COAI, and AIA kept doubling in price, so many people sighed in their friend circles, "Missed it again."

You’re not the only one who missed out. But what's interesting is—those who actually made money had started researching, testing with small positions, and slowly increasing their bets a year or two ago.

By the time everyone sees the "skyrocketing prices," the smart money is already exiting in batches.

That’s the cognitive gap.

Most retail investors follow this path: see the news and rush in → price drops after buying → panic and sell half → price rebounds and they chase again → go all-in with leverage → one correction and the account gets liquidated → end up deep in debt.

Sounds exaggerated? Just look at the people who jumped because of LUNA, or the "bagholders" still FOMO-ing into all sorts of meme coins today, and you'll understand.

When prices are up, they're reluctant to sell, always thinking there’s more room to fly.

When prices fall, they refuse to cut losses, fantasizing "this is just a shakeout."

And in the end? They don’t keep their profits, and lose their principal too.

Those who truly survive and make money in this market don’t rely on luck, but on three things:

The patience to position early, the decisiveness to exit when necessary, and the discipline to stick to a plan.

To put it bluntly, short-term gains depend on luck, long-term success depends on knowledge and systems.

If you can’t even explain why you bought something, can’t hold when it goes up, and can’t cut losses when it goes down, then this market is just an accelerator for you—speeding up how fast you lose your money.

Stop fixating on those stories of overnight doubles, and think more about the lessons from total wipeouts. $BTC got to where it is today not because everyone bet on the right direction, but because a few people really understand when to get in and when to get out. $ETH and $BNB are the same way.

Want to survive longer in crypto? First, learn not to chase blindly, then practice how to hold your ground.