The Core of Making Money in Cryptocurrency: Awareness + Discipline

1. Learn Basic Knowledge: Understand candlesticks, technical indicators (MACD, RSI), blockchain principles, and avoid blindly following trends.

2. Research Projects: Read white papers, check team backgrounds, and analyze on-chain data to avoid scams.

3. Pay Attention to Market Sentiment: Refer to influential figures and community discussions, but maintain independent judgment.

4. Understand Bull and Bear Cycles: Be bold in bull markets and cautious in bear markets; do not be swayed by emotions.

Effect: Improve investment accuracy, avoid junk projects, and seize real opportunities.

Discipline: Control Your Hands, Keep Your Money Safe

1. Strictly Execute Plans: Set buy, sell, and stop-loss points in advance; do not change strategies on a whim.

2. Build Positions Gradually: Buy spot in 3-5 batches, use low leverage (≤5 times) for contracts, and do not go all in.

3. Take Profit and Cut Losses: Take partial profits at 10%, decisively cut losses at 5%, and do not fantasize about rebounds.

4. Control Emotions: Don't chase highs in bull markets, and avoid panic selling in bear markets; stay calm.

Effect: Reduce impulsive trading, preserve principal, and stabilize profits.

Advice for Beginners

✅ Start with Spot Trading: Prioritize mainstream coins like BTC and ETH, and start with small amounts to accumulate experience.

✅ Be Cautious with Contracts: Practice with a simulated account first, use low leverage in real trading, and strictly adhere to stop-losses.

✅ Ensure Capital Safety: Choose large exchanges (Binance, OKX) and store significant assets in cold wallets.

✅ Continue Learning: Track the market daily, review trades, and enhance your understanding.

Advice from Experienced Traders

❌ Don't Believe in Get-Rich-Quick Myths: Hundredfold coins are often scams; awareness helps you see through tricks.

❌ Don't Chase Prices or Panic Sell: Discipline helps you avoid FOMO (Fear of Missing Out) and FUD (Fear, Uncertainty, Doubt).

💰 Capital Comes First: Safety is more important than making money; be aware of the risks of exchange failures.

📈 Take Small Steps: Start with small amounts, summarize experiences, and long-term survival is key to winning.

Summary: Awareness Determines Opportunity, Discipline Determines Profit. Beginners should learn before investing; do not be greedy or fearful to make long-term profits in the cryptocurrency space!