In the crypto market, beginners often fall into a misconception: obsessing over whether to choose spot trading or futures trading, as if picking the right track can instantly turn their fortunes around. In reality, this question itself warrants a reevaluation.

The trading tools themselves are neither good nor bad; the key lies in the user's operational logic. A knife in a chef's hand can prepare delicious food, but in someone else's hand, it might do more harm than good. Many traders blame tool risks for their losses, but rarely reflect on how reckless their decision-making process truly is.

**The Turning Point of Spot Strategies**

Remember the market from a few years ago? Holding a Bitcoin or Ethereum casually for a few years could yield returns of dozens or even hundreds of times. This experience cultivated a group of "long-term believers," convinced that as long as they hold on tight, all coins will eventually take off again.

But the market has already changed. Today, thousands of tokens are in circulation, with only a few truly backed by real value. Once some coins enter a prolonged downtrend, they may never recover. The reality is harsh: accounts caught at the bottom could shrink by 80% or even 90%. To get back to the original cost, a rebound of ten times or more is needed, which is basically a pipe dream.

The crypto market is gradually aligning with traditional finance; extreme volatility is diminishing, and early profits are continuously fading. The once-in-a-lifetime opportunity to get rich overnight is now history. Achieving a steady return of 10%-30% is considered excellent performance.

**The Truth About Futures Trading**

On the other hand, high-leverage futures contracts are like a gamble, attracting countless traders eager to get rich quickly. But data tells us: over 80% of retail futures traders end up with losses.

High leverage seems to amplify gains rapidly, but it also proportionally magnifies risks. A single market fluctuation can wipe out an entire account. That’s why the futures market is often joked about as a "meat grinder"—most retail traders who enter become the meat consumed by the machine.

The market is maturing; speculative opportunities are shrinking, and the importance of a stable strategy is rising. Whether in spot or futures, neither is a shortcut to wealth. They are financial tools that require knowledge, mental resilience, and strict discipline.