Several pieces of advice for the cryptocurrency world!
First piece of advice
The cryptocurrency market has passed the stage of barbaric growth; the next phase is one of capital competition. Don't fantasize about easily making dozens of times your investment anymore.
Second piece of advice
The first-level 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
Investing your entire capital can lead to big profits, but it can also wipe you out. The real essence lies in "rolling over your investments," rather than how much you make on a single trade.
Fourth piece of advice
When a particular coin is being wildly promoted, it is often the end of the trend. If you already hold it, consider cashing out; if you don't, it's best not to enter the market.
Fifth piece of advice
Young people should focus on their studies, self-improvement, and stable income, with trading as a secondary pursuit. 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 home without virtue, and wealth does not come through hasty means." Don't get cocky when making money, and don't blame yourself when losing money. Summarize the successes and failures of each trade; being emotional is the enemy of trading.
Seventh piece of advice
If someone tells you that a certain coin can make you lots of money, be wary; they may want you to be the one holding the bag.
Eighth piece of advice
Don't blindly trust those who share profit screenshots; they only show partial profits, and many may be losses.
Ninth piece of advice
99% of people who trade contracts will eventually lose everything. Desire is endless; lose control once, and all that you earned, along with your principal, will disappear.
Tenth piece of advice
Follow bloggers who share experiences, and stay away from those promoting profits; you'll learn more valuable insights.
Eleventh piece of advice
To succeed in trading, you must have your own insights; don't blindly follow trends. Build your own trading theory; others' experiences can only serve as references.
Twelfth piece of advice
Engage more with "veterans" of the cryptocurrency world; learn from their losses to avoid making the same mistakes, and perhaps you can do the opposite and make money.
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