A few pieces of advice from the crypto world!

First Advice

The cryptocurrency market has passed the period of wild growth, and the next stage is a battle of capital. Don’t fantasize about easily making dozens of times returns anymore.

Second 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 Advice

Putting all your money in can make you a lot of money, but it can also wipe you out. The real essence lies in 'rolling your positions', not just how much you make on a single trade.

Fourth Advice

When a coin is being wildly promoted, it is often nearing its end. If you already hold it, consider cashing out; if you don’t hold it, it’s best not to enter the market.

Fifth Advice

Young people should prioritize their studies, self-improvement, and stable income, with trading as a supplement. Trading is a long-term battle, and stable off-market income can take you further.

Sixth Advice

"Fortune does not enter a house without virtue, and wealth does not enter a door that is eager." Don’t get complacent when making money, and don’t blame yourself when losing. Summarize the successes and failures of each trade; being emotional is a trader’s greatest enemy.

Seventh Advice

If someone tells you that a certain coin can make you a lot of money, be wary; they might want you to be their exit liquidity.

Eighth Advice

Don’t blindly trust those who share profit screenshots; they are only showing part of the profits, and many may actually show negative returns.

Ninth Advice

99% of those who trade contracts will end up at zero. Desire is endless; lose control once, and both your previous gains and principal will disappear.

Tenth Advice

Follow bloggers who share experiences, and stay away from those who promote profits; you can learn more valuable insights.

Eleventh Advice

To be a good trader, you must have your own insights; don’t follow the crowd blindly. Establish your own trading theories; others' experiences can only serve as references.

Twelfth Advice

Engage more with the 'veterans' of the crypto 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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