Don't let ignorance ruin your cryptocurrency wealth dream
In the field of cryptocurrency, investors with insufficient knowledge often become the 'fertilizer' for the market. Currently, a considerable portion of new entrants in the domestic market can hardly master the basic operations of centralized bank mobile apps, let alone properly manage mnemonic phrases, navigate cross-chain bridge technology, and formulate comprehensive security strategies. Recklessly exposing such groups to decentralized finance is not granting freedom; instead, it may push them into the abyss of risk.
They are the easiest targets to be harvested. When wallets encounter phishing attacks, a phrase like 'I thought it was an airdrop' reveals their ignorance; participating in 'DAO' projects just because 'others are investing too'; using a browser to sign smart contracts without even carefully reviewing the contract content—having no capacity to bear the responsibilities of decentralized investment while trying to get a share is undoubtedly a pipe dream.
It cannot be denied that the cryptocurrency space contains astonishing wealth opportunities, making it a rare pathway for ordinary people to achieve class ascension. Just like the Trump token at the beginning of the year, which skyrocketed hundreds of times in just 3 days, such wealth myths are almost unimaginable in traditional industries. However, this does not mean that anyone can easily profit here. Investors lacking basic knowledge and risk awareness, even if they hold funds tightly in their hands, cannot escape the fate of being plundered by the market.
The cryptocurrency market seems like a 'technological revolution,' but most of the time, it is essentially a zero-sum game under information asymmetry. Those who understand market logic harvest the naive newcomers, while technical developers set traps using code, and investors willing to invest time to study can acquire chips at low prices from blindly following the trend.
To reap substantial returns in the cryptocurrency space, the primary task is to have a clear awareness of one’s own level. If you find yourself in a cognitive blind spot, you should either seek reliable industry guides for stable investment under their guidance, or settle down to systematically learn, fill in knowledge gaps, and break free from the passive situation of cognitive underclass. BTC