A Few Pieces of Advice for the Crypto World!
First Piece of Advice
The cryptocurrency market has passed the stage of wild growth; the next phase is a competition of capital. Don't fantasize about easily making dozens of times your investment anymore.
Second Piece of Advice
The primary market offers high returns, but 99% of projects will go to zero. Those recommending new investments may not tell you this truth.
Third Piece of Advice
Going all in can lead to big profits, but it can also wipe you out. The real essence lies in 'rolling investments', not just how much you earn in a single trade.
Fourth Piece of Advice
When a coin is being wildly promoted, it is often nearing its end. If you already hold it, consider getting out; if you don't, it's best to stay away.
Fifth Piece of Advice
Young people should focus on their studies, self-improvement, and stable income, with trading as a supplementary activity. Trading is a long-term battle, and stable off-market income can help you go further.
Sixth Piece of Advice
"Fortune does not enter a house without virtue, and wealth does not arrive at an urgent door." Don't be complacent when making money, and don't blame yourself when losing. Summarize the successes and failures of each trade; being emotional is the enemy of trading.
Seventh Piece of Advice
If someone tells you a particular coin can make you a lot of money, be wary; they might want you to be the one left holding the bag.
Eighth Piece of Advice
Don’t blindly trust those who share profit charts; they only show part of the profits, and many might be negative returns.
Ninth Piece of Advice
99% of people trading contracts will eventually go to zero. Desire is endless; lose control once, and the profits made and your principal will disappear.
Tenth Piece of Advice
Follow and learn from bloggers who share experiences; stay away from those who promote profits, as you can learn much more valuable lessons.
Eleventh Piece of Advice
To trade well, you must have your own insights; don’t blindly follow trends. Establish your own trading theory; others' experiences can only serve as reference.
Twelfth Piece of Advice
Engage more with 'veterans' in the crypto world, learn from their losses to avoid making the same mistakes, and perhaps you can profit by doing the opposite.
