First piece of advice

The cryptocurrency market has finished its barbaric explosive phase; the next stage is formal financialization, where capital institutions compete.

Stop dreaming about creating a coin that can multiply by tens or hundreds; given the current market sentiment, coins that can multiply tenfold are rare.

Even if a bull market truly arrives, there won't be many coins that can multiply by more than ten times.

Second piece of advice

Investing in the primary market indeed offers high returns for small investments, but those who recommend you to play in the primary market won't tell you that 99% of the projects will go to zero.

Even if you get onto some small exchanges, when certain KOLs are dumping their chips, they will likely tell you to hold on, as they have already taken their leave.

Third piece of advice

Playing contracts with all your funds and maxing out leverage can earn you a lot of money, but it can also result in significant losses.

I think no one will tell you, the essence of trading cryptocurrencies lies in rolling positions, not how much profit you make from a single trade.

Fourth piece of advice

Generally speaking, when someone is frantically trading a particular coin, it usually means it is approaching the end.

At this time, if you have already held this coin, you might consider cashing out.

If you do not own this coin, it is best not to enter the market at this time, as there is a 90% chance you will be buying at the top.

Fifth piece of advice

If you are a college student, please prioritize your studies, with trading as a secondary activity.

If you are under 25, please focus on improving yourself, with trading as a secondary pursuit.

If you are under 30, please prioritize choosing a stable source of income, with trading as a secondary pursuit.

Trading is a tough battle, not something that can be done overnight.

At the same time, trading is still a time-consuming journey.

Even exceptionally talented traders need to keep working for five years to achieve financial freedom.

Having excellent off-exchange earning abilities and a platform that provides your own funding can significantly enhance our success.

Sixth piece of advice

Fortune does not enter a house without virtue, and wealth does not come through impatience.

Under what circumstances is water suitable for nurturing all things? Is it when the water is calm that it is suitable for nurturing all things?

So, when you make profits from trading, please don't be overly arrogant; when you incur losses, don't blame yourself too much.

You must understand the principle of 'profits and losses stem from the same source.'

Regardless of whether you are in profit or loss, you should periodically summarize your trades, asking yourself why this trade was profitable and why that one incurred losses.

Remember, young one, a person who is emotional cannot trade well.

Seventh piece of advice

People won't easily tell you how to make money; if someone tells you how much you can earn by investing in this coin, be careful, as they might just want to scam you.

Eighth piece of advice

Don't trust those who post profits from their positions too much; they may have only earned from a single position while many others are at a loss. Posting such information is likely to make you acknowledge them, thus achieving their goal of scamming you.

Ninth piece of advice

Those who trade contracts will ultimately go to zero; the accuracy of this is as high as 99%. Don't doubt it, because human desires are limitless, and very few can truly quit gambling and trade each transaction rationally.

After trading a hundred times, if you lose control once, all previous profits and principal will evaporate.


Tenth piece of advice

You should follow some bloggers who share experiences rather than those who brainwash you, promote, or show profits. Think about what you can learn from following them.

Eleventh piece of advice

To excel in trading, you should have your own insights rather than going with the flow and following others' opinions. It's like when a blogger shares their profitable experiences; they can profit from their theory, but when you hold that same theory and incur losses, it's mostly due to your own factors. Just like reading (Wang Yangming's Mind Theory), after reading it, do you think you can achieve 'unity of knowledge and action' like Mr. Wang Yangming?

Therefore, figuring out your own theory of making money is the golden key to stable returns; treat others' experiences as fertilizer, serving merely as a reference for building your own theory.

Twelfth piece of advice

Engage with some veterans in the cryptocurrency space, even if they have been trading for years and still losing money, because by interacting with them, you can discover the reasons for your own losses, avoid some of their pitfalls, and trade in the opposite direction, realizing, hey~ making money is that simple.

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If you're confused and don't know how to open a position, follow me. I need fans and you need references; blind guessing is not as good as following Sister Xuan!