How quiet is the cryptocurrency world right now? No one is talking about the market, but everything else can arouse everyone’s interest.

For May, which has experienced two rounds of bull and bear markets and is now experiencing the third round, the most obvious difference between this round of bull market and the previous two rounds is that there are so many yellow Ts (hahaha, maybe this can stimulate the numb hearts of leeks).

So how can people in the cryptocurrency world survive now? Today, May summarizes 5 survival rules for newcomers in the cryptocurrency world.

First, start your BTC fixed investment

In the cryptocurrency circle, many people are shouting that if you miss BTC, don’t miss XXX. Although the slogan sounds tempting, May wants to tell you not to be fooled by these so-called "marketing slogans". Many projects are just temporary hype.

Remember, only BTC will always stand firm. If you are a newbie in the circle, it is recommended that you use part of your funds to invest in BTC every month. As long as you stick to it, BTC, as digital gold, will not let you down.

Second, spread your bullets out

When you don't know how to allocate your remaining bullets, you can diversify your investments among the potential projects you have collected based on your own estimates or the recommendations of professionals.

The benefit of doing so is just like adding different spices to a dish, investing also requires a diversified portfolio. The benefit of doing so is that it reduces investment risk while earning potential returns. Not putting all your eggs in one basket not only avoids breaking them, but also gives you the opportunity to enjoy a feast of multiple flavors.

Third, pay attention to market sentiment and be cautious when using leverage

Anyone who invests should always pay attention to changes in market sentiment and track where smart money on the chain goes. As Buffett said: When others are fearful, I am greedy, and when others are greedy, I am fearful. Smart investors will take advantage of this. Just like grabbing special promotions when shopping, they will buy when market sentiment is low and sell when sentiment is high. This way, they can get better buying and selling prices and increase investment returns.

But this golden sentence is not always effective. In the current atmosphere, if you are an aggressive leverage player, May still wants to advise you: use less leverage and earn more fiat currency. There are not many opportunities for swing trading, and you must always be wary of exchanges doing evil, so it is better to use less leverage.

Fourth, don’t blindly chase hot spots

In the cryptocurrency world, there is never a lack of hot projects, but hot projects are often a double-edged sword. Just like pursuing the maximum number of points in mahjong, you often win high scores, but you may also lose your own cards. For example, May was once a follower of hot projects, such as the Crazy Zoo and the hot gamefi period, I was busy, but in the end it was all in vain. Therefore, when facing hot projects, you must keep a clear head and don't be overwhelmed by the hot spots.

If you really want to pursue hot projects, you need to spend time studying the fundamentals of the project, understand the team background, market demand and competition. Just like researching the model and brand before buying a car, you also need to do your homework when investing. (Of course, these may not be useful. With the market maker pulling the price, more people will choose to rush in without thinking.)

Fifth, stay calm and patient

If you are a newbie in the industry, don’t be intimidated by the current market environment. Because investment is a long-term process. Just like planting a tree, you need to wait patiently for the sapling to grow and bear fruit. Investment also requires time and experience. Don’t be impatient and move forward steadily.

So during this period, all you need to do is to do your job well (so that you can have a steady stream of fixed investment funds), then learn more about blockchain knowledge (read less yellow T), and finally slowly hoard coins. Repeat these things, and when the market really comes, you will not only become a senior investor, but also understand why this circle is so fascinating.

Let me say it again. Invest rationally and don't blindly follow the trend. At this time, watch more and do less, and save the principal. Finally, I hope you can find the real wealth code in the cryptocurrency circle! To learn more about the latest information in the cryptocurrency circle, please consult #比特币减半 #WIF #sui $SOL $BTC