Last week, I met a friend who has been deeply involved in the crypto world for nearly ten years. He casually pulled out his trading account, showing how an initial capital of $30,000 turned into $60 million.

I was stunned and asked him for his secret. He didn’t hide anything and simply said, "Actually, it’s just being more patient than others."

I’ve pondered this statement for a long time. The crypto space is never short of smart people, but those who truly survive and continue to make money are precisely those who know how to control their desires. The four practices he later summarized each struck a chord with my misconceptions about the market.

**First: Never go all-in and gamble recklessly**

He shared an observation: "The most expensive tuition in the crypto world is paid by those who go all-in." No matter how hot the market is, he only allocates 30% of his position and never adds more. It looks incredibly stable, but this is why he has survived three bull and bear cycles.

While others are riding roller coasters on K-line charts, he relies on this restraint to let his funds grow slowly but steadily. Instead of chasing explosive single-trade profits, he uses time’s compound interest to turn small amounts into large sums. This logic may sound old-fashioned, but the difference in execution determines the final outcome.

**Second: Don’t follow the crowd into hot trends**

During the most疯狂 period of DeFi, everyone around him rushed in. He didn’t move. He simply stuck to a few mainstream coins, analyzing swings daily, finding patterns, and making summaries. His reason was straightforward: "Play with what you truly understand, and let time realize your value."

The core of this strategy isn’t about how much risk you might miss out on, but about focus. While others are burning their brains on ten different tracks, he concentrates on three coins, resulting in a market rhythm understanding that’s on a completely different level.

**Third: Treat stop-loss as a lifeline**

He wrote a phrase on his office whiteboard: "The market won’t spare you just because you’re reluctant to cut losses." This isn’t cold-bloodedness; it’s acceptance of reality.

For many beginners, stop-loss is a shame, but in his eyes, it’s the bottom line of trading discipline. Holding on, persisting, betting on rebounds—these psychological games have no place in his system. When losses happen, he stops out—there’s no room for luck or wishful thinking.

**Fourth: Endure**

This is the hardest part. Watching others make huge profits in hot spots while he must stick to his rhythm without moving. Going through ten or twenty crashes without changing his trading system, doubting his strategy, or regretting.

Transforming from a gambler into a trader happens during this endurance process.

He concluded with a final remark: "True masters don’t profit from short-term thrills or quick gains; they rely on a repeatable system and iron discipline. After experiencing a full bull and bear cycle, only then do you truly deserve the words 'trading freedom.'"

Market conditions change daily, but those who traverse cycles share one common trait: they protect their principal, maintain their rhythm, and stay true to their original intentions. When the next cycle arrives, those who survive will always be this group.