After seven years of navigating the world of cryptocurrency, I have accumulated over ten thousand followers. The most frequently asked question is: “Teacher, do I have to fully understand everything before entering the market? I'm afraid of making mistakes.”
My answer has always been the same: you really don’t have to.
Wealth often arrives like the wind, unpredictable, and no one is born with complete insight.
I have seen too many friends enter the market with an exploratory mindset, moving forward through trial and error: chasing popular coins today and trying contract strategies tomorrow. When luck is on their side, they make some profits; when luck is not, they give back their earnings. This is almost a rite of passage for every cryptocurrency novice.
If you want to pursue higher returns, you must dare to try the areas where opportunities lie hidden. In reality, where is there a perfect time when everything is ready?
Some friends also ask me: how can I determine if my profits are due to luck or skill? The method is simple—see if you can continuously seize similar opportunities. If you can grasp similar opportunities and profit three times in a row, that reflects ability; if it’s just a fleeting profit, it’s most likely just luck.
I have found that novices generally have a cognitive bias: when they are profitable, they feel they are exceptionally gifted, and when they incur losses, they doubt if they are suited for this market. In fact, there is no need to be so tangled—making profits outside the boundary of understanding is quite normal, and earning money by luck a few times is also natural, even if you give back profits later, there’s no need to panic.
The key is: stay clear-minded when profitable, and maintain confidence during losses. A stable mindset is the true moat.
I have walked this path myself, and those experienced players around me have done the same: accumulating experience from small profits and losses, decisively acting when significant opportunities arise, retaining most of the profits, and continuing to test new models with spare money, gradually finding their own investment rhythm.