I entered the cryptocurrency world with 50,000 and now trade cryptocurrencies to support my family! Summarizing trading experiences, these 8 points will help you grow and gain insight quickly. Although the content is short, every word is valuable. Those who are destined to understand can avoid years of detours!

1. First acquaintance with the cryptocurrency world, learning comes first. The first step into the cryptocurrency world is not to rush in search of quick riches but to calm down and learn systematically. From the basic principles of blockchain to the operational mechanisms of exchanges, from the issuance logic of digital currencies to market trend analysis methods, every step is crucial. Remember, the accumulation of knowledge is the cornerstone of wealth. Without a solid foundation, any speculative behavior is like building castles in the air.

2. Practice leads to true knowledge, independent judgment. In the information-exploding cryptocurrency world, everyone is sharing their insights, but the truth is often hidden in the complex information. Participate in practice, accumulate experience through small investments, learn to think independently, and do not blindly follow trends. Remember, there are no absolute authorities in the cryptocurrency circle, only you who continuously trial and error and summarize.

3. Choose a quality circle, stay away from noise. Selecting a high-quality community is crucial for newcomers' growth in the cryptocurrency world. A quality circle not only provides valuable information but also helps you establish the right investment concepts. Avoid communities that only chatter or boast about profits; they will only waste your time and energy.

4. Invest autonomously, build a framework. Investing is your own business; others' opinions can only serve as references. Establish your own investment framework, including risk tolerance, investment strategies, and market analysis methods. This will be your compass in navigating the cryptocurrency world. Do not easily believe others' "insider information" or promises of "guaranteed profits"; only your own judgment is the most reliable.

5. Choose the investment method that suits you. Contracts, short-term trades, holding coins, and NFTs offer various investment methods, but not every one of them is suitable for you. Choose the investment method that best fits your actual situation. For beginners, holding coins may be a relatively safe choice, as it emphasizes long-term holding and value growth.

6. Rationally view the myth of hundredfold returns. The stories of hundredfold or thousandfold returns are always enticing, but remember, such opportunities are few and often come with huge risks. Do not blindly pursue high returns while ignoring potential risks. In the cryptocurrency world, stability is more important than aggressiveness.

7. Patience is gold, persevere. The fluctuations are normal; patience is the foundation for making money. Do not become anxious due to temporary ups and downs, and do not give up easily. Learn to find opportunities in fluctuations and remain calm in adversity. Remember, success often belongs to those who can persist until the end.

8. Follow the rules, be willing to take responsibility. In the cryptocurrency world, losses and being scammed are inevitable. But the important thing is to learn to accept reality, take responsibility, and not complain about the market's unfairness or blame others for their losses. Instead, learn from failures and continuously improve your investment skills.