Discipline is the hardest pass in the market, and those who make money are often the most "cowardly" ones.

Do you remember that surge in 2017? I know a guy who invested 600,000, doubled it to 1,200,000 in three days, and joyfully distributed red envelopes in the group. But two weeks later, his account was down to 180,000. His engagement ring was thrown back at him by his girlfriend, and he hid in the fire escape, squeezing all the chili packets from his takeout into his mouth, crying from the heat. At that moment, he understood: the market rewards not the heroes, but those who survive.

Later, he made a decision - to change his computer wallpaper to "Run when it hits the stop loss." Every day at market opening, he only looked at the monthly MACD, and he wouldn't make a move without a golden cross. After three years of persistence, on the day a major coin retraced to a key moving average, he gathered his courage to add a position. Thirty days later, his account tripled.

**Things taught by the chili pepper package**

This story sounds like a joke, but behind it is the underlying logic of survival in the crypto world. He later told me that the market specifically targets those who think they are smart, while taking care of those who recognize their own ignorance.

Data is shocking: new entrants can face a loss rate of up to 79% in their first year. Why do most people fail to make money? Because by the time crypto content creators and industry influencers start discussing a particular project, the price has already gone up a round. By the time the token enters the top 100 on Coingecko, those KOLs and early investors have already been secretly preparing to take over.

When ordinary retail investors finally can't hold back and enter the market with full force, it is the moment when the market makers and institutions are ready to dump their positions. The cruelty of the market lies here—information asymmetry is always the fiercest harvester.