Here are a few pieces of advice for everyone:

First, the market has bid farewell to the period of wild explosive growth and has entered a stage of formal financialization and competition among capital institutions. Stop fantasizing about getting rich by dozens or even hundreds of times by catching a single coin; under the current market sentiment, coins that can multiply tenfold are few and far between. Even when a bull market arrives, there won't be many coins that can multiply more than ten times.

Second, participating in IPOs in the primary market may seem like a small investment with high returns, but the risks are extremely high. Those who recommend you participate won’t tell you that 99% of projects will ultimately go to zero. Even if a project gets listed on a small exchange, some KOLs may urge you to 'hold' your tokens while they quietly exit first.

Third, in contract trading, going all-in and maxing out your leverage may yield huge profits, but the risk of losing is equally massive. The essence of trading cryptocurrencies lies in rolling over positions, rather than fixating on single-instance profits.

Fourth, people of different age groups should clarify their priorities. College students should prioritize their studies, young people under 25 should focus on self-improvement, and those under 30 need to ensure a stable income first. Trading is a long-term battle, and even exceptionally talented traders need at least five years to achieve financial freedom. Having excellent off-exchange earning capabilities can provide funding support for trading.

Fifth, do not blindly trust those who flaunt their holdings and profits. They may just be profiting from a single position, while their overall returns could be negative; showcasing profits is merely a way to gain your trust and then 'harvest' you.

Sixth, those who engage in contract trading are likely to lose everything, with an accuracy rate as high as 99%. Human desires are hard to restrain, making it difficult to maintain rational trading at all times. Once control is lost, previous gains and principal will vanish.

Seventh, when following influencers, choose those who share experiences rather than those who brainwash, promote, or flaunt profits. The former can teach you genuinely useful knowledge.

Eighth, build relationships with veterans in the crypto circle, even if they have been consistently losing. By interacting with them, you can discover the reasons behind your own losses, avoid making the same mistakes, and turn your strategy around.

The path in the crypto world is full of challenges, and I hope these pieces of advice help you avoid detours.

If you can’t seize the opportunity, then follow @谈币 to ensure you don’t miss out!