Thank you, Teacher Yu Yue, here is my brief summary.
Summary of On-chain Strategies for Novice Investors
Novice investors with limited capital and experience should minimize activity and observe more. They can first practice with a simulated account or observe popular on-chain projects without rushing to invest. A stop-loss strategy can be to cut losses in half (exit immediately when losing 50%).
Trading Tools: Use GMGN and custom monitoring tools
Monitoring Resources: Follow information channels like China FM and choose suitable on-chain monitoring tools
Smart Money Tracking: Discover high-profit smart money addresses and look for quality projects
Narrative Logic: Market attention determines trends, which can be analyzed through three main lines: economy, politics, and culture, while observing large smart money buying behavior
On-chain Analysis: Analyze contract trading history through blockchain explorers like Etherscan and BscScan to assess project activity and capital flow
Combine on-chain data to avoid FOMO (Fear of Missing Out) decisions and improve investment success rates.
The core idea is to observe first, then practice, using tools to filter projects, focusing on smart money and on-chain data to ensure rational investment.