Why do most people in the crypto world fail to make money?

1. Lack of awareness
Only thinking about getting rich quickly, treating contracts as a shortcut to financial freedom. Wanting to go all-in to turn things around, but the end result is often losing everything.
2. Insufficient skills
Many people think technical indicators are useless, but they just don’t know how to use them. Very few actually know how to use them properly. Trading without technical support is pure gambling—appearing to have a 50% win rate on both sides, but in the long run, you will always lose.
3. Poor mindset
When opening a trade, they can’t help but watch the charts constantly, wishing they could stare at the K-line for 30 hours a day. Fear drops prices slightly, they hesitate to cut losses, and end up holding until liquidation; when prices rise slightly, they panic, afraid of profits slipping away, and rush to exit. They simply can’t endure the trend.
4. Lack of execution
Getting anxious to place orders before meeting entry conditions, closing positions early before reaching take profit or stop loss levels. The result is always holding through losses and selling quickly when profitable, so gains can never cover losses.
5. Wrong strategy
Always thinking about getting rich overnight and frequently entering and exiting trades, but not knowing that the real purpose of contracts is to follow the trend. Focus on the big picture, divide your funds into 2-3 parts for phased deployment, set proper stop loss and take profit levels, then let the software run the orders by itself.

Direction is given to you, strategy is given to you, and the rest depends on your execution.