#密码资产动态追踪 Why are so many people losing money in the crypto market? Simply put, they treat the crypto market like a casino, relying on emotions and stories as investment basis.

Most people's mistakes are the same—chasing hot topics, following trends, using high leverage—but they never take the time to understand the essence of projects, calculate valuations, or study macro cycles. When the bull market starts, all kinds of narratives fill the sky, bubbles are blown huge, and a flood of capital rushes in, feeling like easy money. But once a bear market arrives, or a deep correction happens, those highly leveraged positions built on blind faith are wiped out by the market.

Investors who truly survive and make money do not rely on luck. Instead, they have frameworks and discipline—you need to know how to use reasonable leverage, diversify your portfolio, when to cut losses, and when to respect market cycles. The crypto market is so volatile that surviving first is the key to waiting for the next opportunity. This is the dividing line between mature investors and retail traders.