After spending an hour scrolling through the Binance Square, it really is quite lively. Sometimes I feel that looking at the posts in the square is more fun than scrolling through certain apps.

First of all, I want to give a thumbs up to the officials; the square is indeed much better than before.

As an old retail investor in the crypto space, I haven’t achieved financial freedom after all these years. Many posts in the square talk about tens of millions of USDT, helping fans turn 2000 USDT into 50,000 USDT within a month, which is a common situation. It’s a bit embarrassing for someone like me to share this; it lowers the perceived value for the big shots.

I started getting into crypto during college, introduced by a friend back in 2017, using Huobi, which old investors should know about. At that time, BTC was around 8000 USDT; I didn’t buy BTC then but bought EOS instead, which was over ten USDT at that time. EOS was very popular back then; I believed in the hype of the waves and ended up with over a hundred.

Later, I experienced a bull market and also the Luna crash, and that was when I first discovered that a coin worth over 100 USDT could drop to 1 and not stop there; it could even drop to 0.0000.

I won’t say much more; in short, too many words lead to tears. I think most old investors feel the same way.

As an old investor, here are some suggestions for beginners or newcomers, focusing mainly on the square today.

When looking at the square, first, you need to stick to one choice: what mindset you have when looking at the square. For me, it’s just for fun.

The square is a mixed bag, so you need to have some basic discernment skills.

If there’s no actual trading, just assume it’s fake. Of course, some of it may be real, but handling it this way is the most effective and convenient method. Actual trading data can be from coin exchanges or the functions provided by Binance for sharing trades; I need data that I can see myself, not just a screenshot.

Don’t let the sharing data in the square affect you; what others do is their business. There are big players and experts from whom you can learn trading strategies. No matter how much others earn, it has nothing to do with you. If you earn 1 USDT, that’s truly yours.

Let’s start with these two aspects; saying too much might get me attacked by others.