Honestly, as long as greed doesn't control you, it's actually possible to make money in the crypto world.

But the key is to see a fact clearly: almost no one who can survive the cycle makes a living solely from contracts.

I've seen too many stories about futures trading. Have I made money? Yes. But those who can keep earning passively? Few and far between. The short-term profits often lead to all-in exits in the next few emotional trades. Contracts, to put it simply, are a game of probability; once you get emotional, it's over. As for those legendary "contract gods," nine and a half out of ten make money by leading trades or managing communities, not through trading skills.

If you really want to turn the situation around, the most practical way is to stay away from contracts.

What about spot trading getting trapped?

It's actually not as complicated as you might think; fundamentally, there are two points.

First, assess the extent of the loss. As long as you didn't buy at crazy high levels, your principal is still there. When the market turns, multiplying your investment several times is not a big deal.

But the real test is the second point—

After selling, can you really hold your nerve?

Many retail traders' problems aren't that they don't know when to sell, but that they can't sit still after selling. When good news comes, driven by emotion or certain voices, they jump back in, often chasing at higher prices. In the end, they get more and more trapped.

Those who truly make money only excel in one point:

Knowing when to exit decisively, and being able to hold steady after exiting.

So, the secrets of the crypto world aren't that complicated. The hardest part is controlling greed and learning to hold cash.

If you can do these two things, you've basically already surpassed most people.