There's an industry insight that I find quite interesting: if you want to know what someone truly believes in, don't listen to what they say, just see where they invest their time. But the reality is, most investors don't follow this approach at all. Their eyes are fixed on opportunities like "tenfold returns in a month," fearing to miss the train to overnight riches. Little do they know, the success rate of such opportunities is ridiculously low—data shows a failure rate of up to 99.99999%. Pursuing these ultra-short-term gains is mostly gambling rather than investing. Genuine crypto trading opportunities are often hidden in directions worth spending time to research deeply, but this requires patience, and most people have long since lost it.
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LostBetweenChains
· 20h ago
Listening to your advice really feels like a revelation... but I forget it right away and keep chasing ten-bagger coins.
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The 99.99999% failure rate has been stated openly, yet some still go all-in. That’s gambling nature.
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You're right, but you want me to honestly study for half a year before I can make a living. That’s even harder than trading coins.
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Where is time? People talk beautifully about it, but in reality, aren’t they just staring at the screen on the K-line? Self-deception.
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Patience? Who in the crypto world dares to wait? Waiting just gets you cut.
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The most heartbreaking thing is knowing this truth but still buying bad coins... This is called "I am that 99.99999%."
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Always shouting that investing is not gambling, but then turning around and going all-in on new coins. Laughable.
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GateUser-e19e9c10
· 01-07 10:16
That's so true. Some people shout about value investing every day, but turn around and are still chasing pancakes.
Human nature is like that. Who can resist the temptation of making quick money?
I took a look at my own holdings, and it turns out the projects I can't bear to sell and have been studying the most are the ones that have performed the best.
Actually, there's no need to look at any data. The people around me who are making money are all working diligently, while those losing money are just bragging in the group.
99.99999% of this data, my goodness, wake-up call!
Patience is really more difficult than choosing coins.
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Layer3Dreamer
· 01-05 07:54
theoretically speaking, if we map time allocation as a recursive function of conviction strength... yeah the math checks out. people chase 100x but won't spend 100 hours understanding what they're actually buying. that's not investing, that's just noise with leverage lol
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TradFiRefugee
· 01-05 07:54
The pain point was hit, but unfortunately, those with patience have already gone quiet and made money.
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OnChainDetective
· 01-05 07:44
ngl the 99.99999% failure rate is probably conservative... traced through enough wallet clusters to know most of these "10x in a month" plays are textbook rugpull signatures. but people keep chasing anyway lol
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NFTragedy
· 01-05 07:44
A tenfold increase in one month? Wake up, everyone. That's just a romanticized way of saying it's gambling.
That's right, whether someone truly believes in something depends on how they spend their time. Slogans are all lies.
With a failure rate of 99.99999%, there are still people rushing forward. How strong must their psychological resilience be?
Patience has long been exhausted by the crypto culture. Who can still wait?
Honestly, I only gradually realized that in-depth research is the right way. It's too late now.
The true boundary between investment and gambling is just a fine line, but most people are still fooling themselves.
I've heard too many stories of "this time is different," and the endings are all pretty much the same.
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New_Ser_Ngmi
· 01-05 07:42
Wake up everyone, the 99.99999% failure rate is still a dream ten times over.
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GateUser-74b10196
· 01-05 07:31
That's correct, but look at how many people are really willing to focus and research now.
Wait... where does the 99.99999% failure rate data come from? It feels a bit misleading.
I'm the kind of person who lights up at the chance to double my investment, but I've already lost almost everything. Now I'm starting to think about this issue.
Time invested = Confidence index, this statement is indeed top-notch.
There's an industry insight that I find quite interesting: if you want to know what someone truly believes in, don't listen to what they say, just see where they invest their time. But the reality is, most investors don't follow this approach at all. Their eyes are fixed on opportunities like "tenfold returns in a month," fearing to miss the train to overnight riches. Little do they know, the success rate of such opportunities is ridiculously low—data shows a failure rate of up to 99.99999%. Pursuing these ultra-short-term gains is mostly gambling rather than investing. Genuine crypto trading opportunities are often hidden in directions worth spending time to research deeply, but this requires patience, and most people have long since lost it.