Recently, a piece of data sent chills down my spine: traders pursuing "10x overnight riches" have a failure rate of up to 99.99999%.

How painful is this statement? It's like a mirror reflecting the true situation of most people in the crypto world.

You think you're bottom-fishing? Actually, you're filling a pit. You think you're deploying for 100x coins? Actually, you're charging the project team. I've seen too many people go all-in on a mediocre project, only to wake up the next day with their accounts wiped clean; I've also seen people leverage to the max chasing a hot trend, only to receive a liquidation alert from the exchange.

There are no myths in the crypto world, only probability theory. Out of ten thousand people, maybe only one can walk out standing. Not a genius, not lucky—just a denominator.

The cruelest part isn't the failure rate itself, but that you know there's a tiger in the mountain, yet you still head into it. You know deep down this is a gamble, but you self-hypnotize with "this time is different, I can win." This is the most terrifying aspect of human nature—it gives you hope, then precisely harvests it.

So how to survive? It's actually simple: transform from a gambler into a player.

Stop chasing rises and selling declines, give up the obsession with those 100x legends. Use the capital you can afford to lose, and engage in trades you truly understand. See the market logic clearly, instead of being carried away by emotions.

Bull markets are not something everyone can profit from—but those who are sober will definitely be making money off the confused.

The greatest wealth in the crypto world isn't a single 10x gain, but surviving ten complete bull and bear cycles. Those who live long enough no longer care about single gains or losses.

How many cycles can you survive?