Mindset and discipline are the true secrets to making money.

A few years ago, my cousin ran a foreign trade business in Shenzhen for ten years. After the pandemic, orders were canceled, accounts receivable went bad, and he was constantly on edge. One day, he said he wanted to enter the crypto space to "change his fate." I smiled and shook my head—it's exactly the same as when I started.

I was only 23 when I entered the industry, and now it's been ten years. Last year, my account first broke eight figures. Compared to friends who run factories or do e-commerce and are constantly troubled by supply chains and contracts, my life is much smoother. People often ask me the secret, and there are really only two things: attitude comes first, and skills are second.

The harshest lesson came very early. As a beginner, I believed in the so-called "guaranteed profit" stories and went all-in on a certain blockchain project that was hyped up to be divine. In less than three months, the project team ran off with the funds, and my account was basically wiped out. Later, looking at the data, I finally realized—beginners have a loss rate of up to 79% in their first year, and those who operate with full positions are 11 times more likely to be liquidated than those who diversify.

In fact, the most brutal risk in the crypto world isn't market volatility, but human greed and panic. Once I fully understood this, I truly got on the right side.

Those who survive follow a set of iron rules. Bitcoin will always be the king; when the market rises, small coins follow suit, but once it falls, small coins crash first; Ethereum sometimes moves independently, but don't expect those small coins to withstand the downward pressure of the market. To be steady, you must stick to this logic.