The most deadly thing in the crypto world has never been the technical barriers, but rather the deep-seated illusions.

I have seen too many stories. Some people think that there is no money to be made in this industry, yet ordinary people around them are quietly making a fortune, with hundreds of thousands, millions, tens of millions, and even over a hundred million. There are also those who are confident they can make money, selling cars and houses to leverage their bets, only to end up losing everything, with not even their initial capital left to start over.

Let's talk about the heresies we believed in those years:

**Illusion 1**: Buy low and sell high, swing trading is king. Believing that you can accurately catch the bottom and escape the top, continuously pulling money from others' pockets, tripling your investment in a month as if it's a game.

**Illusion 2**: Contracts are just money printing machines. Firmly believing that you can see through the market trends, shorting here and going long there, every prediction seemingly accurate, as if the market exists for you.

**Illusion Three**: Those who post their trades are all big shots. When you see those profit screenshots, you can't take your eyes off them, thinking they must have insider information, fantasizing about being taken along for the ride.

**Illusion Four**: There must be a holy grail for making money in the crypto world. Desperately searching for secrets in various groups, firmly believing that others are making money because they have mastered some unique skills.

**Illusion Five**: Bitcoin is too expensive, Ethereum is going to crash. Just looking at the price makes me anxious, hearing that big holders are selling makes me want to clear my position, fearing I will be the last one holding the bag.

**Illusion Six**: Lack of money is the biggest obstacle. With insufficient capital, one resorts to credit cards, online loans, and leveraging, thinking that just entering the market will lead to a turnaround.

**Illusion Seven**: Exchanges and wallets are very safe. Just randomly search for a wallet and think that big platforms won't have issues, only to find that years of savings can vanish overnight.

**Illusion Eight**: There will always be benefactors who can make you rich. Placing your hopes on others, yet not knowing that in this industry, you can only rely on yourself.

**Illusion Nine**: I can also become a lucky fool. Every bull market will indeed create a few people who can win easily, and you are always ready to receive that big gift.

After understanding a principle, many things become clear.