In an era where the blockchain wave sweeps the globe, the cryptocurrency market opens a unique window for ordinary people to achieve class leaps. This is not a chaotic place for speculative gambling, but a value arena that follows the principle of 'cognitive monetization.' Whether you choose to delve full-time or explore part-time, as long as you maintain learning and execution, you can reap excess returns here.

Cognitive foundation:

For newcomers entering the crypto world, earning the first 1 million is often the most challenging phase. This process is not only about capital accumulation but also about the systematic upgrade of trading cognition and the repeated refinement of profit models. When you successfully cross this threshold, it means you have established a mature investment logic and risk management system, and subsequent wealth growth will naturally enter the fast lane.

Newcomer Pitfall Guide: Three Principles for a Safe Start

1. Small-scale trial and error, reject a gambler's mindset.

Avoid investing large sums of money with the fantasy of getting rich overnight. It is recommended to start with idle funds that can withstand losses, learning risk identification and market rules in practice, to avoid significant losses due to cognitive blind spots. Ah Hao started with 1,000 U and grew to 80,000 U in two months, thinking he was the chosen one, only to face extreme market conditions and eventually return to square one in three days.

2. Build a professional information network

Establishing diversified information channels is a must for newcomers:

• Top social platforms: X (formerly Twitter), Weibo, Binance Square, etc., gather many industry KOLs, where you can get firsthand project dynamics and strategy sharing.

• AI-assisted learning: Use tools like ChatGPT to quickly understand professional terms and analyze technical difficulties.

• Beware of paid traps: Stay away from unverified paid communities, over 90% carry the risk of being scammed.

3. Establish an information screening mechanism

In the face of massive information, one must cultivate data sensitivity, extracting key information through cross-validation and authoritative source comparison to avoid being misled by noise.

Stable profit combination strategy

1. Arbitrage: Low-risk accumulation of principal

• Project interaction practical operation: Use tools like Google Chrome to participate in Binance Web3 wallet activities, accumulating experience and profits through official interaction tasks.

• Arbitrage skills advancement:

• Staking Borrowing: Use asset collateral to obtain liquidity and capture market price differences

• Hedging Transactions: Lock in profits through spot and contract hedging.

• On-chain monitoring: Pay attention to price fluctuations caused by significant events and execute cross-platform arbitrage strategies.

2. Value Investment: Core Asset Allocation

• Layout of mainstream coins: BTC, ETH, BNB, SOL as industry cornerstones, it is recommended to adopt a staggered entry or dollar-cost averaging strategy, reserving funds to cope with market fluctuations.

• Cost optimization plan: If facing a deep pullback, gradually dilute costs by going long with 1x leverage (coin-based), exchanging time for space to recover.

3. Opportunity gaming: Capture explosions with small positions.

After accumulating a certain amount of principal, you can allocate 5%-10% of funds to meme coin investments. It should be clear that this portion of funds has the potential to go to zero, but in a bull market, hundred-fold coins frequently emerge, and reasonable allocation can significantly enhance profit limits. Advanced players can join quality communities to grasp market FOMO sentiment.

Survival rules for long-termists

The crypto world is never short of short-term wealth myths, but the real winners are those who traverse cycles. Persist in learning and iterating cognition, strictly execute trading discipline, and maintain independent thinking to navigate steadily and far in this competition of cognitive monetization.

Take action now: Use invitation code: BN1888 to register for trading and enjoy an 20% discount on transaction fees, starting your wealth upgrade journey!

—— Ah Hao, accompanying you to move steadily forward in the crypto world!