🎯 Core Insight: How to avoid becoming prey in the crypto market?
1. Recognize the essence of the market: PvP, not 'everyone makes money together.'
“Everyone is self-interested; you are playing a zero-sum game.”
You are not 'dancing with the market,' but competing with others for a limited profit pool. When you buy, someone is always selling; when you sell, someone is always buying. Recognizing this game structure is the first step to avoid being 'cut.'
2. Do not blindly trust KOLs and communities; information asymmetry is the norm.
“What you see are tweets; what he sees is the order book.”
Many KOLs are stakeholders of the projects. Their 'recommendation posts' are not necessarily made with good intentions, but may be to create an environment for project 'exit.' Learn to judge the role of KOLs—are they insiders, outsiders, or bystanders?
3. Establish independent judgment, refuse emotional trading.
“It’s not your fault that others are making money.”
You are not losing money because you missed out; you are losing money because FOMO (fear of missing out) led you to follow the crowd. Have your own investment logic and trading framework, and even if you miss the 'rocket,' you won’t have a meltdown.
4. Pay attention to the changes in narratives, rather than being obsessed with specific coins.
“Narrative is everything.”
The rise of many projects is not due to technology or fundamentals, but because the market story is easy to tell. The key to investing is to capture the undervalued stage before the narrative takes off, not the climax after it has gained traction.
5. Exchange 'cost' for understanding; learn early, lose early, and be relaxed.
“Would you rather lose $1,000 or $100,000?”
Losses are not scary; what is scary is being muddled in the market and unwilling to learn from mistakes. Those who lose early and lose less have a better chance of surviving in the long cycle and going further.
✅ Coping suggestion: Become a market hunter, not prey.
Category recommendation: Track first-hand on-chain data, DYOR (do your own research), avoid relying solely on KOL viewpoints to set entry standards and stop-loss lines, avoid emotional trading. Time management: You don’t need to be in group chats/social media all day; leave time to learn #DeFi mechanisms and fundamental logic. Mindset development: Treat crypto as a long-term skill battle, not a short-term get-rich-quick game. Self-awareness: Regularly write investment reviews, identify cognitive progress and blind following.