Those who have lived long in the cryptocurrency circle understand a principle: this market does not care how bold you are, only how clear-headed you are.

Yesterday, a newcomer asked me if they should jump in with all their funds since others were making money. My answer was very direct: if you can't even understand the basic principles of blockchain, and can't distinguish between public chains and tokens, then you are not an investor; you are a "liquidity contributor."

Understand the industry before entering

If you can't even grasp the basic concepts, rushing in is just giving money to others. Don't believe in the myth of "getting rich by following others"; solidifying your understanding of blockchain principles and trading rules is more important than anything else.

Choosing the right path is more important than blind effort

Spot trading, contracts, long-term, short-term—none is inherently better; only which is more suitable for you. Impulsive people can't hold long-term positions, and conservatives can easily panic with contracts. First, recognize your own personality, and then choose your trading method.

Plan your trades, trade your plan

Before entering the market, you must think clearly: why buy? How long do you plan to hold? At what price must you exit? At what price should you take profits? Operations without a plan are like handing your fate over to the market.

Enduring volatility is key to benefiting from trends

In the cryptocurrency world, fluctuations of 30% in a day are quite normal. The more you stare at the market every day, the easier it is to get washed out. Those who truly make big money are those who understand value and can withstand volatility.

Risk control is the bottom line

Don't invest your living expenses, don't borrow money to trade cryptocurrencies. Use mainstream coins as a base, and test small amounts with lesser-known coins. What allows you to survive in this market is not how much you make in a single instance, but how well you manage risk. #加密市场反弹 #美联储重启降息步伐