Everyone is talking about making money, but I want to discuss losing money

In recent years, many people talk about 'ways to make money.' However, those who discuss 'how to lose money' are relatively scarce.

But what truly brings you back to reality are the lessons learned from losing money. Below are the pitfalls I have encountered in the cryptocurrency world, summarized not to discourage anyone, but to help you avoid some detours.

❶ Never hand over your cryptocurrency to someone else to 'trade for you.' I will say this repeatedly: if you don't trade cryptocurrencies, someone else will. There is no real 'proxy trading' in the crypto world; what you think is support often turns into a trap. You cannot control an account and cannot manage any risks.

❷ Don't blindly follow the trend of 'proxy investments.' Is the primary market a gold mine? Yes. But you must understand: the ones who truly reap the rewards are those with early connections + insider positions. By participating through 'proxy investment,' many times what you receive is not a cheap entry point, but a 'ticket to the exit' that someone else has prepared.

❸ Don't go all in on a meme coin; don't let 'tenfold or hundredfold coins' cloud your judgment. You can invest in meme coins, but never go all in, and definitely don't risk your entire fortune. Before a meme coin takes off, it is an 'opportunity,' but after it takes off, it may turn into a 'trap.'

Remember this: meme coins are only suitable for speculative investments with spare money, not for gambling with heavy stakes.

❹ Don't keep 'switching cars' based on K-line charts. You chase when it goes up and sell when it goes down; today it's A, tomorrow it's B... You are not trading; you are self-destructing. Frequently switching coins and chasing highs and lows often leads to empty results, and you miss the waves you should have held onto.

Switching back and forth is merely working for the market makers.

❺ Meme coins are not worth holding long-term. Many people lose money here; when the market heats up and meme coins surge, they want to 'catch the top of the bull market.' But the reality is that most meme projects have a lifecycle of only one market cycle. Once the hype fades, with no ecosystem, project failures, or fund collapses, reaching zero is just a matter of time.

Short-term speculation is acceptable; long-term caution is essential.

To make money in the crypto world, it relies on awareness; to avoid losing money, it relies on common sense + discipline.

There is no need to pursue profits every time,

but learning to lose less once is a step forward.

If you don't understand cryptocurrency yourself, like and follow the master!