Several pieces of advice for the cryptocurrency world!
First piece of advice
The cryptocurrency market has passed the stage of savage growth; the next stage is a competition of capital. Don’t delude yourself into thinking you can easily make dozens of times your investment.
Second piece of advice
The primary market offers high returns, but 99% of projects will eventually go to zero. Those recommending new investments might not tell you this truth.
Third piece of advice
Going all-in can make you a lot of money, but it can also lead to total loss. The true essence lies in 'rolling your capital', not just how much you earn from a single trade.
Fourth piece of advice
When a coin is being wildly promoted, it often signals the end. If you already own it, consider selling; if you don’t own it, it’s best not to enter the market.
Fifth piece of advice
Young people should focus on their studies, self-improvement, and stable income, with trading as a secondary pursuit. Trading is a long-term battle, and stable off-market income can take you further.
Sixth piece of advice
"Fortune does not enter a home without virtue, wealth does not enter through urgent doors." Don’t be complacent when making money, and don’t blame yourself when losing money. Summarize the successes and failures of each trade; emotional reactions are a trader's greatest enemy.
Seventh piece of advice
If someone tells you a particular coin can make you a lot of money, be wary; they might want you to be the one holding the bag.
Eighth piece of advice
Don’t blindly trust those who share profit charts; they only show partial profits, and many might actually be losses.
Ninth piece of advice
99% of people trading contracts will eventually go to zero. Desire is limitless; lose control once, and the gains and principal you've made will disappear.
Tenth piece of advice
Follow bloggers who share their experiences; stay away from those who promote profits; what you can learn from the former is much more valuable.
Eleventh piece of advice
To trade well, you must have your own insights; don’t follow the crowd blindly. Build your own trading theory; others' experiences should only serve as references.
Twelfth piece of advice
Interact more with 'veterans' in the cryptocurrency space; learn from their losses to avoid making the same mistakes, and you might even find ways to profit by doing the opposite.
Follow me so you won't get lost.