If the stock market is a calm river, then Crypto is an ocean in a fierce storm. The saying "Crypto is not for the faint of heart" is not a joke, but a stark truth about the brutal nature of this market.
1. Wild fluctuations
In traditional markets, a 5-10% drop is a major event. But in Crypto, having your account cut in half or by a third (a 50-70% drop) overnight is a "common occurrence." Conversely, increases of several hundred percent also happen in the blink of an eye. The feeling of watching your assets evaporate or multiply quickly continuously stretches human psychology like a guitar string.
2. 24/7 non-stop operation
Crypto has no closing hours. The market runs continuously 24 hours a day, 7 days a week, 365 days a year. Players always live in a state of anxiety, fearing missing opportunities (FOMO) or waking up to find their accounts wiped out. This psychological pressure wears down mental health more than any administrative job.
3. A paradise of manipulation and news (FUD)
The market is still young and has a small market capitalization (compared to gold or stocks), making it susceptible to manipulation by "Whales" (those holding large amounts of coins). Just a tweet from a celebrity, a false rumor (FUD), or an exchange hack can cause the market to collapse in a few minutes. No rules are immutable here.
4. Technical and security risks
Not only worried about prices, players also face the risk of losing money due to forgetting wallet passwords, transferring to the wrong network, or clicking on scam links. In Crypto, "Not your keys, not your coins", a small mistake means permanent loss with no one to save you.
