Gambling addicts understand the principle of "nine out of ten bets lose," but they still walk into casinos again and again. Smokers also know that smoking damages the lungs and is costly, yet they keep buying cigarettes. Investors are even more aware that most people in the circle end up losing money, but their enthusiasm continues to drive them forward.
What is the common point behind these phenomena? Addiction.
The same logic applies to the crypto world. Everyone sees the fluctuations of mainstream coins like BTC, ETH, and BNB; the risks are objectively present. Yet, every bull market attracts countless newcomers to jump in, and veterans can't stop either. It's not because making money is easy, but because of the thrill of taking a gamble, the excitement when hitting the market, and the hope that "the next wave will be better"—these psychological factors are far more powerful than rational analysis.
Recognizing this is important, but just recognizing it is not enough. Whether you can stay sober during trading and prevent addictive psychology from taking over your decisions is the key to lasting survival.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
6
Repost
Share
Comment
0/400
DefiSecurityGuard
· 7h ago
ngl... addiction angle is spot on but y'all sleeping on the real exploit vector here — *behavioral economics* literally weaponized against retail. seen this pattern 47 times, each time same dopamine hack. DYOR before chasing that "next wave" fantasy or you're just exit liquidity waiting to happen.
Reply0
LiquidatedThrice
· 14h ago
Really, there's nothing wrong with what you said, but knowing is one thing, and when the market actually comes, I still get itchy hands.
View OriginalReply0
StopLossMaster
· 14h ago
It's so heartbreaking, I'm the kind of fool who knows but still keeps playing.
What's the point of being sober? The thrill is what really matters.
Talking all day won't help; the next wave will indeed be better.
This is our fate, we just can't stop.
Knowing the risks but still going all in—addiction, I guess.
View OriginalReply0
ImpermanentPhobia
· 14h ago
You're so damn sincere, I'm that kind of idiot who knows they'll lose but still plays.
Every day shouting about risk management, but still can't shake the habit of chasing gains.
What's the use of being sober? The next wave is where the money is, who believes that?
This thing is just a psychological game. Win and you're excited to the point of insomnia; lose and you pretend nothing happened.
I just want to ask, who can really hold on and not cut their losses? Don't brag.
Addiction is right, but from another perspective, it's about execution. I like to call it faith.
So what if you realize the truth? You're still destined to be slapped in the face by the market.
View OriginalReply0
gas_fee_therapist
· 15h ago
It's quite sobering; I'm the kind of person who knows but just can't stop.
Here we go again, time to reflect, but I still turn around and go all in.
This is the most genuine truth—everyone knows it but can't change it.
Being sober-up, that's all just post-hoc armchair strategy.
But on the other hand, living is about having a bit of excitement.
View OriginalReply0
WhaleWatcher
· 15h ago
That's right, no one can resist the feeling of being on top
Clear-headed? Forget it. As soon as it rises, you forget the risk
That's why I'm still losing money, damn it
I know it, but I just can't stop myself
The next wave will definitely be better, I choose to believe
It's easy to recognize people, but hard to save yourself, brother
But really, greed is the biggest enemy
Gambling addicts understand the principle of "nine out of ten bets lose," but they still walk into casinos again and again. Smokers also know that smoking damages the lungs and is costly, yet they keep buying cigarettes. Investors are even more aware that most people in the circle end up losing money, but their enthusiasm continues to drive them forward.
What is the common point behind these phenomena? Addiction.
The same logic applies to the crypto world. Everyone sees the fluctuations of mainstream coins like BTC, ETH, and BNB; the risks are objectively present. Yet, every bull market attracts countless newcomers to jump in, and veterans can't stop either. It's not because making money is easy, but because of the thrill of taking a gamble, the excitement when hitting the market, and the hope that "the next wave will be better"—these psychological factors are far more powerful than rational analysis.
Recognizing this is important, but just recognizing it is not enough. Whether you can stay sober during trading and prevent addictive psychology from taking over your decisions is the key to lasting survival.