Making money in the crypto world is simple, but you must avoid these pitfalls.
Don't say trading cryptocurrencies is difficult; the real difficulty is that you always jump into the fire pit.
Remember this straightforward advice—if you want to make money in the crypto world, keep these 3 "do nots" in mind:
❶ Do not chase after every low-quality token.
If it's not a top token, there's an 80-90% chance it's a trap.
Getting rich off low-quality tokens only exists in stories; the reality is:
99% of people jump in are just taking the loss.
1% of people profit because they anticipated the move.
Top tokens can make money because they have funding, hype, and expectations.
Random tokens bite like wild dogs; jumping in means waiting to be cut.
❷ Do not hoard a bunch of altcoins.
The underlying logic of altcoins is simply two words: "easily replicable."
You think the project team wants to make this coin the "next BTC"?
No, they are already planning the next coin, ready to cash in again!
No liquidity.
No fundamentals.
When the market cools down, it goes straight to zero.
Hoarding altcoins is like holding onto air and waiting for the wind.
❸ Do not get greedy for free stuff.
Getting free stuff sounds like "no cost," but in reality, it is the most time-consuming, easiest to get scammed, and least rewarding.
There are many tricks to getting things for free.
Projects run away quickly.
Hacker attacks, wallet thefts, scam links... are all part of the freebie routine.
If you really want to get free stuff, remember these 3 keywords:
✅ Very safe (official, established platforms)
✅ Innovative (technology or model has value)
✅ Strong backing (known VCs/platforms involved)
This is a hundred times more reliable than "randomly getting free stuff!"
I won’t preach; I’ll just speak the truth.
In the crypto world, those who can make big money have one thing in common—
they first learn not to lose, then think about getting rich.
Avoid 90% of junk projects;
take the remaining time and energy to bet on real dark horses, and that’s the right path!
