If you really want to make money in the cryptocurrency world, don't get caught up in all the flashy stuff. The core logic boils down to these 5 points, and mastering them is the only way you might stand at the top of the food chain.
First, monetizing cognition is the way to go. The crypto world is essentially a game of financial speculation, and the cognitive gap is your arbitrage space. The more thoroughly you understand the market, the greater your chances of profiting. When a bull market arrives, be bold and earn, but don’t be greedy until the last second; when the bear market hits hard, keep your cool, buy quality assets at the bottom, and wait for the next wave to double.
Next, let's talk about market structure. The leading cryptocurrency is the steering wheel of the entire market; if it doesn’t move, other coins are basically useless. Mainstream coins, altcoins, meme coins, contracts—each track has its own way of playing, and the risks are not on the same dimension. Before playing, clarify which battlefield you are on.
Market sentiment is even more of a pitfall; many people have perished in FOMO and panic selling. When others are ecstatic, you should consider escaping; when others are trembling in fear, it might just be the perfect time for you to scoop up cheap chips. The old saying by Warren Buffett, "Be fearful when others are greedy, and greedy when others are fearful," holds true in the crypto world as well.
In summary, if you want to make money, first learn to see through the underlying logic of the market; otherwise, entering the market means being a lamb ready for slaughter. The cryptocurrency world is indeed a gold rush paradise, but if you don’t understand the rules, you won’t even be able to scoop up sand.
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