Just say it directly, no nonsense.
Contract Guardian One
The cryptocurrency market has moved past the explosive growth phase and has entered a stage of formal financialization and competition among capital institutions. Don't fantasize that you can randomly pick a coin and make dozens or hundreds of times; nowadays, very few coins can increase a hundredfold, and even in a bull market, there aren't many coins that can increase more than 50 times.
Contract Guardian Two
The primary market seems to have small investments with high returns, but those who recommend it to you won't mention that 99% of the projects will eventually go to zero. Even if a project is listed on a small exchange, some KOLs will try to trick you into holding while they exit first.
Contract Guardian Three
When trading contracts, going all in and maximizing leverage may lead to big profits but can also result in huge losses. The key to trading is rolling positions, not how much you make on a single trade. Many people won't tell you this.
Contract Guardian Four
When someone is frantically promoting a certain coin, it is highly likely that the coin is approaching the end of its market cycle. If you own it, consider selling; if you don't own it, then don't enter, as the probability of losing could be as high as 90%.
Contract Guardian Five
College students should focus on their studies and treat trading as secondary; youth under 25 should prioritize self-improvement and treat trading as secondary; youth under 30 should first seek stable income and treat trading as secondary. Trading is a long-term battle, time-consuming and labor-intensive. Even gifted traders may need around five years to achieve financial freedom. Having off-market earning capabilities and financial support is very helpful for success.
Contract Guardian Six
Fortune does not enter a house without virtue, and wealth does not enter through urgent doors. When the water is calm, it is beneficial for all things to grow. Trading is the same; don't be arrogant in profit, and don't blame yourself in loss. Understand that 'profit and loss have the same origin', often summarize the reasons for profit and loss, and emotional trading will not yield good results.
Contract Guardian Seven
People generally won't easily share how to make money; if someone says that investing in a certain coin can make a lot, be cautious, they might want to trick you into losing money.
Contract Guardian Eight
Don't easily believe the profits others flaunt; perhaps only one position has made money, while most are losses. Showing off is often to gain your trust to harvest you.
Contract Guardian Nine
99% of people who trade contracts will ultimately lose all their principal. Don't doubt it; human desire is endless, and it is hard to break the habit of irrational trading. Even if you make money ninety-nine times, one loss can wipe it all out.
Contract Guardian Ten
To do well in trading, you need to have your own opinions and cannot follow the crowd. Others' profit experiences may not suit you; just like reading (Wang Yangming's philosophy) does not necessarily lead to knowing and acting in unity. You need to explore your own way of making money, and others' experiences can serve as a reference.
Contract Guardian Eleven
Make more connections with veterans in the crypto circle. Even if they have always incurred losses, over time, you can find the reasons behind your own losses, avoid their losing methods, trade inversely, and perhaps you can make money easily.
