1. Recognize the overall trend and stop dreaming of getting rich quickly.
The cryptocurrency market has long since left the stage of 'barbaric growth' and has now entered a financialization cycle dominated by institutional capital. Stop fantasizing that you can randomly pick a coin to achieve tens or hundreds of times returns. Under the current market sentiment, even if a bull market does arrive, projects that can multiply more than ten times remain extremely rare.
2. The truth behind 'new investments' in the primary market.
Indeed, the primary market offers the opportunity for small investments to yield large returns. But those who strongly recommend you participate often won't tell you: 99% of projects eventually go to zero. Even if a project is listed on a small exchange, those so-called KOLs (Key Opinion Leaders) may have already sold their shares while you are still 'following advice and holding tight.'
3. Don't fantasize about getting rich quick with a single trade; the real skill is in the ability to roll over positions.
Many beginners are obsessed with high leverage and going all in on a single trade, but you must understand that the essence of contracts is not to make a fortune in one go, but to steadily 'roll over' positions, gradually increasing your capital on the basis of survival. The truly skilled traders compete on long-term stable profits, not on occasional bursts of success.
4. Your life stage determines your trading style.
If you are a college student, prioritize your studies; trading is just a supplement.
If you are a young person under 25, focus on improving your personal skills.
If you are under 30, prioritize stabilizing your income sources.
Trading is not a game of instant profit, but a long-term marathon that consumes time and energy. Even the top traders need over 5 years of accumulation to talk about financial freedom. The ability to maintain a steady cash flow is what gives you confidence on your trading journey.
5. Don't be fooled by 'position screenshots.'
Those who post profit screenshots often showcase only a few profitable trades to attract attention, while hiding many more losing trades in the background. What you see is what they want you to see, not the whole picture. Many people share these images merely to gain your trust and subsequently take advantage of you.
6. In trading contracts, 99% ultimately goes to zero.
This is a cruel but real statistic. The biggest enemy of contracts is not the market, but the greed and gambling nature within humanity. You may be rational 99 times, but as long as you lose control emotionally once, the money you earned along with your capital may vanish overnight. This market is never short of 'smart losers.'
7. Pay attention to truly valuable bloggers.
Please stay away from those who only showcase profits, call out trades, and brainwash others. What you should really focus on are those who are willing to share practical experience, trading logic, and lessons from failure. Relying on 'copying others' profits' will not lead to growth; only through cognitive improvement can you go further.
8. Interact more with experienced traders.
Even if they have been losing money in the crypto space for years, their experiences are valuable lessons for you. Listening to how they lost can help you avoid certain pitfalls. If you really can’t find your way, consider finding a mentor who is genuinely willing to teach you and can help you establish a complete trading mindset. Learning systematically is far more efficient than blindly trial and error on your own.
