(Encountered many people who have exited the market, people who have failed)

I want to tell every newcomer in the cryptocurrency space: you must find a way to survive.

Here, “survive” does not mean to scrape by, but to take root in this industry for the long term — with a clear understanding, a healthy financial chain, and an unbroken mindset, navigating through the waves of cycles.

The first layer of survival wisdom: replace “get-rich fantasies” with “survival mode.”

Don’t enter the market with a “gambler’s mindset”: always participate in high-volatility assets (like altcoins and contracts) with no more than 5% of your assets, leaving the remaining 95% for dollar-cost averaging in mainstream coins or fiat reserves.

Remember: in the cryptocurrency space, those who have survived 3 bull and bear cycles are scarcer than those who have made 3 times the profit. The principal you retain today may be the only capital you have to pick up chips when others jump off the building at the end of a bear market.

The second layer of wisdom for survival: turn yourself into an “anti-fragile system.”

Don’t be a player with a single dimension, polish yourself in all aspects.

Technical skills: learn basic on-chain analysis (like Glassnode to check BTC miner holdings, look at whale events), don’t just look at K-lines;

Information flow: join 1-2 high-quality research report communities, filter out 90% of junk information;

Network flow: befriend more than 3 “pragmatic veterans,” the pitfalls they have encountered are worth more than any tutorial.

Remember: when the market crashes, your knowledge reserves, information channels, and network resources can determine your survival time more than the coins in your wallet.

The ultimate answer to survival: treat “staying alive” itself as a strategy.

In a bull market, remind yourself: all surges are dopamine borrowed from the market, and it will need to be repaid sooner or later.

Most of the people who called out for LUNA in 2021 have now disappeared;

In a bear market, tell yourself: all crashes are entry tickets handed out by the market; the more expensive the tuition, the more valuable the course.

Those who bottomed ETH in 2018 did not do so because they were brave, but because they lived through the DeFi explosion in 2020.

Remember: the cryptocurrency space is never short of stars, only of long-livers. When you learn to view every rise and fall with the mindset of “staying alive,” you have already outperformed 80% of participants.

Finally, I want to say to newcomers:

In this game where 70% of people are destined to lose, the essence of “surviving” is not to defeat others, but not to be defeated by your own greed and fear.