Here's a harsh truth: being smart doesn't mean you can survive in the crypto world.

If Einstein were to come over and trade coins, he might also face liquidation.

When I first entered the crypto world, like most people, I thought this industry relied on intelligence—understanding technical analysis, calculating probabilities, and predicting trends. After a few rounds of bull and bear markets, I realized that the ones who can consistently profit are not the smartest people, but those who are the most patient, adhere to the rules, and maintain the most stable mindset.

They never change their plans temporarily. When it rises, they don't get carried away; when it falls, they don't panic. If they need to cut losses, they do; if they need to hold positions, they hold. Emotions? That thing doesn't exist for them at all.

Look at those cases of liquidation; how many were due to miscalculations? Most are due to greed in increasing positions, panic selling, and taking chances on holding—it's all a breakdown of discipline.

This crypto world has never lacked smart people; what it lacks are those who can control themselves.

The essence of trading, to put it simply, is two words: self-control.