Why do people always lose money in the crypto world? To put it simply, most people lack a solid foundation and proper understanding. When market movements happen, they follow the herd, chase highs and sell lows, frequently cutting into their profits—where's the opportunity for gains? Many traders who have been in the crypto space for years still haven't figured out where they went wrong, let alone make progress. Honestly, most people in the crypto world are just operating blindly; profits often come down to luck, and very few have a clear logical approach.

Impulsiveness and recklessness are major poisons in the crypto space. Many people already have the wrong methods but refuse to change, which is the real reason for losing money. Changing this is easier said than done—human instinct is to stick to old habits, and taking the first step with courage is what most people struggle with.

Another serious issue is weak discernment ability. Blindly following trends and listening to a bunch of teachers' ideas only leads to more confusion. Not to mention those who just act on news without verification—how can they hold their positions steadily? Losses are inevitable.

On a deeper level, investors simply don't understand economics. When a major macro turning point occurs, losses become truly devastating. Those who suffer big losses are powerless in the face of macro trends because they have never seriously studied real supply and demand relationships or macro directions—they just keep repeating mistakes on the wrong path.

In fact, there are many strategies in the crypto world, but the key is to find one that you can master. For example, first judge the macro trend, then enter at support levels and exit at resistance levels. Short-term fluctuations don't need to be overly concerned with; the focus should be on preserving capital and patiently waiting for real opportunities.