Cryptocurrency is like a high-stakes gamble; those who laugh and place their bets often end up crying and walking away.

I've been wandering in this market for nearly ten years, witnessing too many stories of overnight riches, and seeing even more people lose everything. During the last bull run, a few post-00s I knew actually made over ten million. Honestly, are they geniuses? Not necessarily. They just timed their entries right and used the correct methods.

Today, I want to open my heart and talk with everyone: why do the vast majority of people never make money in the crypto world? How can you avoid becoming a leek (a victim of pump-and-dump schemes)?

**Timing is the ultimate weapon, but most people always miss the right beat**

The logic of making money in financial markets is actually very simple—buy low, sell high. But greed and fear, these two human weaknesses, cause us to repeat mistakes: rushing in during hot markets, hesitating and holding back during downturns.

Remember "312"? Bitcoin dropped to $3,800, Ethereum was only $88. The whole market was crying out in despair—how many people were cutting losses and giving up? Then the bull market came, Bitcoin soared to $69,000, Ethereum surged to $4,800, a 60-fold increase.

The reality is painfully straightforward—most people are attracted by the gains of those around them at the market peak, rushing in, only to panic when the market turns. They either cut losses painfully or stubbornly hold on, waiting for the next bull run to get out. This is the classic high-buy, low-sell script.

I’ve also had my own stumbles. There was a period when my account assets nearly reached a high of four million. In a moment of impulsiveness, I quit my job to trade full-time, recklessly leveraging and borrowing money to go all-in. And then, the storm came...