How to Obtain First-Hand Information in the Cryptocurrency Space?
Elevating Your Circle is Key
Circle Determines Information Quality: First-hand information often exists within core circles (such as exchanges, project teams, and investment institutions). Entering these circles requires a professional background, skills, or networking resources.
Action Recommendations:
Learning and Experimentation: Invest in learning (courses, industry conferences, paid communities), and accumulate professional knowledge (such as blockchain technology, economics).
Career Opportunities: Try to enter cryptocurrency-related jobs (such as exchanges, project teams) to directly access core information sources.
Networking: Actively participate in industry offline events and establish connections with key individuals.
Cognition Determines Circle
Stay Away from Low-Quality Information: Being obsessed with get-rich-quick schemes, clone groups, and short-term speculation will only trap you in information noise and emotional trading.
Cultivate Fundamental Cognition:
Reject the trap of “tempting with profits,” and be wary of high-risk operations like contracts and meme coins.
Pursue low-risk, long-term investment logic (such as dollar-cost averaging, value investing).
Action Recommendations: Filter information sources, focus on in-depth industry content (such as white papers, project progress, core team dynamics), and stay away from emotional and get-rich-quick-oriented communities.
Time and Patience
Getting Rich Quickly is a Result, Not a Goal: First-hand information is not a “buy signal,” but industry insights and trend judgments.
Lonely Path: Entering high-level circles requires time accumulation, reject shortcuts, and focus on self-improvement (skills, cognition, networking).
Action Recommendations: Develop a long-term learning plan, pay attention to leading project dynamics, and track on-chain data.
Summary
First-hand information is not “news,” but insights based on circles and cognition. Investing in self-improvement (learning, experimentation, entering core circles) is the right path. Stay away from get-rich fantasies, reject low-quality circles, and focus on long-term accumulation to gradually approach the truth and obtain truly valuable information.