What have those who truly make money in the #美SEC推动加密创新监管 crypto market experienced?

In simple terms, this is a practice of cognitive upgrading. Most people get stuck halfway, while a few reach the finish line.

**Level 1: Beginner Bonus Period**
When I first entered the market, I didn't understand anything and it was actually easy to make money. Following the community's calls, I rode the wave of a bull market, and my account balance increased rapidly. Then I started to think I was the chosen one—until the next wave of correction wiped out half of my capital, and I realized that it wasn't skill, but luck that had lent me its favor.

**Level 2: Technical Flow Stage**
When you start to fear losses, you begin to learn things: candlestick patterns, on-chain data, capital flows, market sentiment indicators. You understand what you need to understand, but why can't you still hold steady? Because understanding charts and controlling your hands are two different things. At this point, the biggest enemy is not the market, but your own greed and panic.

**Level 3: Systematic Trading**
The real watershed is here: you start to build your own operational framework. What signals to enter, where to take profit, and under what circumstances to stay on the sidelines—all have clear rules. No longer chasing hot spots or guessing ups and downs, but treating each operation as a probability game. Making money has finally transformed from "depending on luck" to "following a process."

**Level 4: Capital Operation Layer**
At this level, the gameplay has completely changed: laying out the track in advance rather than chasing highs and selling lows; allocating funds in batches rather than all at once; paying attention to the cyclical rhythm instead of being anxious about market watching. It even starts to touch on the primary market, arbitrage strategies, and node yields—this is no longer retail investor thinking, but a capital logic that allows money to generate more money.

**Level 5: Ecological Participants**
People who have reached this point have changed their identity. They may be project parties, investment institutions, ecosystem builders, or traffic integrators. What they earn is no longer the price difference from fluctuations in the secondary market, but the structural dividends from industry growth. You are not fishing in a pond; you are building a fish pond.

I've been in this market for 8 years and have seen too many people come and go.

What allows a retail investor to upgrade to a player is never luck or insider information, but rather a cognitive system developed step by step.

Want to avoid detours? First, clarify which stage you are in, and then focus on breaking through to the next level.