1. Build knowledge foundations, refuse to be blind
When entering the cryptocurrency world, avoid the temptation for quick gains. First, grasp the underlying logic of the industry: study exchange security mechanisms (such as cold wallet storage, KYC audits), learn cross-chain technology principles, and clarify the core concepts of blockchain and token economics. Trading without knowledge reserves is essentially paying with real money for cognitive gaps.
2. Independent verification, cautious reference
In the cryptocurrency world, opinions are varied; 100 people can provide 101 viewpoints. Do not easily trust 'insider information' or 'hundredfold coin recommendations'; 99% of 'enthusiastic shares' hide a scythe. Practice DeFi protocols and experience NFT projects to build your own judgment standards through practical experience—the lessons from being exploited often leave a deeper impression than tutorials.
3. Filter high-quality information sources
Beware of ineffective communities filled with profit screenshots and casual chats; a quality circle should include: ① In-depth project analysis ② Industry dynamics alerts ③ Compliance risk warnings. Follow authoritative media (like CoinDesk) and participate in developer communities to get information closer to the industry's truth.
4. Establish a personal investment framework
Others' analyses are for reference only; strategies should be formulated considering one’s own risk tolerance and investment horizon. Study on-chain data (such as distribution of holding addresses, changes in trading volume) and focus on fundamentals (project team background, technological progress) to form a verifiable and iterable decision model.
5. Choose an appropriate investment path
High-risk plays such as contracts, short-term trading, and NFTs are essentially zero-sum games; beginners should be cautious! It is advisable to prioritize a combination of value investing and light extraction: regularly invest in mainstream coins to hedge against volatility and accumulate chips through new project airdrops. If participating in hot sectors, ensure to set stop-loss lines to avoid becoming a bag holder.
6. Hundredfold coins are to be encountered, not sought
Finding potential coins requires abandoning the mindset of getting rich quickly; focus on technological innovations (such as Layer 2 scaling solutions), compliance processes (regulated stablecoins), and ecosystem activity (DApp user growth). Claims of 'guaranteed hundredfold returns' are 99% harvesting tactics—true opportunities lie in the deep cultivation of long-termism.
7. Turn setbacks into experiences
There are no shortcuts in the learning curve; being scammed or missing opportunities are costs of growth. Record the decision logic of each trade, analyze the reasons for failures, and establish an 'error case database.' The market punishes those with insufficient cognition but favors investors who iterate from their lessons.
8. Respect the market, act steadily for the long term
Cut losses promptly when in the red, exit scams quickly, and avoid emotional decisions. Within the framework of rules, focus on enhancing cognition and execution—rather than complaining about being exploited, it's better to become immune to the scythe.
9. Combine learning and application to promote growth
Apply theory to practice: participate in liquidity mining and experience cross-chain bridge operations; by writing project analyses and recording educational videos, force yourself to think deeply. Output not only consolidates knowledge but also connects with like-minded partners, forming a positive information cycle.
10. Keep evolving and await breakthroughs
The cryptocurrency world changes rapidly; only continuous learning can help you stay grounded. Pay attention to frontier trends like Web 3.0 and AI + blockchain, and regularly review and optimize strategies. When your cognition aligns with the market rhythm, the transformation from being exploited to becoming the scythe is just a matter of time.
