Using over 50% of your net worth in futures trading makes it easier to lose money. It has nothing to do with skill or environment; it's purely a matter of mindset. Those who gamble in Macau—those who try to win big—99% of the time end up losing badly. They're much more likely to make money on vacation or in entertainment venues. Speculation is about luck; playing the crypto market is worse than trading it. This is my biggest takeaway from this cycle. I've stopped hoping to make several times or even dozens of times my initial investment. By downplaying my goals, I've found it much more fulfilling. Life is more than just trading crypto. Live well, improve your money-making skills, and when the time is right, big money will come naturally.

One who is without desires is invincible; one who is concerned with others is easily confused.