In the crypto world, finding a teacher who sincerely imparts knowledge is far more efficient than exploring on your own. After all, a master leads you to the door, but the cultivation relies on the individual. However, experiences in the investment circle are often built with money, and what you can learn is mostly just technical knowledge and some essential rules to follow.
Beware of 'learning group' traps.
If you find so-called 'learning groups' online that encourage you to use high leverage and invest in niche altcoins, congratulations, you may have encountered a scammer or a shill. In the crypto world, no matter how skilled a big player is, once they use high leverage or invest in niche altcoins, the final result is often 'dead without a whole corpse.' This is a rule in the crypto world and an untouchable taboo.
The value of paid learning.
Paid learning. If you are good at summarizing, you can actually grasp the basic knowledge of technical analysis within a year and a half. The market situation generally has three types: rising, falling, and oscillating. What you need to learn is how to confirm the current market situation from the market dynamics and find the best entry points.
Market intuition is accumulated through a long time of watching the market and summarizing experiences. Excellent investors can see the market situation at a glance and quickly judge the best entry points. This kind of experience requires solid technical knowledge as well as a lot of practice and summarization. Generally speaking, those with good talent may need one to two years to reach a proficient level in technical analysis.
Technology is just the foundation; mindset is the key.
In the investment circle, learning technical analysis is merely a basic guarantee for profit. More importantly, it is the investor's own psychological quality. You need to firmly believe in your technical analysis, hitting the target like a swordsman. At the same time, you also need to have enough patience to endure loneliness and maintain your positions.
The impact of news and policies.
In addition to technical aspects and mindset, news and policies are also important factors affecting investment success or failure. After all, standing on the wind can make even pigs fly. This is knowledge that is more emphasized in the primary market, but for investors in the secondary market, understanding the changes in policies and news is equally crucial.
Summary
In the investment circle, especially in the crypto world, technology, mindset, and rules are the keys to success. Finding a good teacher, learning technical knowledge, accumulating market intuition, and cultivating psychological quality are all essential. At the same time, be wary of the traps of high leverage and niche altcoins, and adhere to investment rules to remain undefeated in the market.