Had a bit to drink, saw Binance Square, everyone was complaining about the market, sharing their bittersweet stories of trading cryptocurrencies. Some bought hundredfold coins but had small positions, regretting it; some have experienced ups and downs for years, making big profits and also suffering big losses; some have been liquidated in contracts but have not given up and are still honing their skills; there are new investors who entered the market in May, increasing their positions while losing money, afraid to tell their families; and others who have made money through DeFi and are now focused on studying on-chain technology. I will also take this opportunity (with alcohol) to share some of my experiences from years of trading cryptocurrencies, hoping it will be helpful to everyone.

1. Young people should increase leverage when the direction is certain.

At a class reunion, I drank too much and only remember one saying: 'While we are still young, if we want to turn things around, we must learn to use leverage, and when we see the right opportunity, we should go all in...............

2. In the crypto space, survival is the most important.

The most magical thing about the crypto space is that many people make money but are reluctant to spend it. Instead, they keep it in their accounts, trying to earn compound interest, but they might end up losing their profits in one go. Therefore, I advise everyone to withdraw a portion of their earnings to improve their lives and reward themselves, which will give them more motivation to keep making money.

There’s a popular saying that the ones who teach people to make money are the ones who make the most money. In fact, there are indeed many people in this industry who cut leeks, such as contracts, altcoin hype, ICO investments, and meme coins. However, people's demand objectively exists. Is there really no scientific and practical method to cultivate the ability to make money in the crypto space?

1. Open your eyes: What we lack is not grand principles, but a step-by-step breakdown of what blockchain investment is, from zero to one.

2. Connect the dots: After connecting the dots, you may not be able to cash in immediately, but your abilities and analytical skills will see a significant improvement. Gradually, you will move towards lower-risk or even risk-free strategies.

3. Leap: The typical mindset at this stage is that there is no need to predict market ups and downs; focus on cryptocurrency and ignore market trends, only doing arbitrage. The former is value investing, while the latter is stable profit-making. If you are also a tech enthusiast and are deeply researching technical operations in the crypto space, you might want to pay attention to Gong Zhonghao's 'Crypto Pioneers,' where you will gain the latest crypto intelligence and trading skills.