For novice traders: always remember two points:

Restrain greed and learn to observe.

Too many people entering the cryptocurrency space only think about getting rich overnight, frequently using high leverage, fantasizing about doubling their capital in a few hours. The result is often either a margin call and exit or increasing losses while adding to their positions, ultimately becoming 'the grass that the investors harvest'. Even if you are lucky and make money in the short term, please ask yourself: can you hold onto your profits?

Many people, once they experience the thrill of earning tens of thousands of US dollars in a day, immediately lose their composure, chasing highs and selling lows, frequently trading, only to eventually give back their profits or even incur losses on their principal.

Here are a few core suggestions for you:

1. Observe first, don’t rush to enter the market.

The cryptocurrency market is never short of opportunities; patience is the cheapest 'stop-loss method'.

2. Go with the trend, don’t blindly try to catch the bottom.

In a bull market, buy with the trend; in a bear market, take small positions on rebounds. Don’t be a hero against the trend. You are not here to prove how accurate you are, but to make money.

3. Strictly adhere to trading discipline.

Set stop-loss levels; cut losses if breached. Don’t be stubborn against the market. The market doesn’t have to rise to your buying price; hoping 'just a little longer' will only deepen your losses.

The cryptocurrency market is not about who can make money the fastest, but rather about who can survive the longest.

Controlling desire is better than chasing after huge profits. Steady and solid progress is the core ability to navigate through cycles. Take advice; don’t turn the dream of becoming rich overnight into a painful reality.