Are you also wondering: invest 10,000 yuan and just relax for ten years, then wait for it to grow to a million before selling? Wake up, this is precisely the most common fantasy among crypto beginners—and reality is often much harsher.

**What beginners think in the crypto world**

Invest 10,000 yuan, stay put like a mountain, and after ten years, grow to 1 million, then exit gracefully. It’s that simple.

**The reality of the crypto world**

You enter with hope, bringing 10,000 yuan, and by the next day, your account shrinks to 5,000. That night, you toss and turn, giving up sleep, checking the market every two hours.

After enduring the initial torment, the price swings back and forth between 1,000 and 6,000. You are exhausted and secretly vow: as long as it reaches 9,000, I’ll sell to cut losses, and that will be a relief. Especially watching the volatility of coins like XRP, you become even more restless.

Finally, the bull market arrives, and the coin rises to 8,500. But recalling the previous ups and downs, your only thought is: it will definitely pull back to 6,000. So you sell, planning to buy low. But what happens? The market doesn’t go as you wish; instead, it surges higher. You grit your teeth, chase with 8,500 to 9,000, at least recovering your position, but the amount of coins you hold is noticeably less.

The price drops from 9,000 back to 7,000, and you waver again. Seeing it soar to 12,000, you finally turn a profit, calculating an annualized return of 20%, and barely pat yourself on the back, thinking it’s not bad.

**This is the real cycle of a beginner**

All-in, full position, cutting losses, chasing highs and selling lows, repeatedly messing around. The market data has been there all along: high-frequency trading yields much lower annualized returns than low-frequency holders, but most newbies are just “paying tuition in busy work,” gradually giving away their rightful gains to emotions and the market.

How many have fantasized about getting rich overnight, only to lose to their own inner demons through repeated operations?