The biggest opponent in trading is not actually on the market data, but the person in the mirror.

When trading $BTC or other cryptocurrencies, the real factor that drags down profits is never the market, but oneself—being greedy to catch the bottom, being fearful to cut losses, holding on stubbornly when seeing a wrong move, and rushing to escape after making a small profit. Many people focus on K-line analysis and study technical aspects, but they have never properly examined their trading habits and psychological flaws.

The reason why whales can survive for a long time is not because they never make mistakes, but because they have discipline and can control themselves. Retail investors are most likely to fail by losing their rationality in highly volatile markets and treating trading like gambling. An emotional trade can wipe out previous profits in one go.