1. Investing profits in riskier projects is equivalent to no profit. This is equivalent to gambling; the best way is to invest profits in BTC/ETH/stablecoins/fiat currencies

(There is no such thing as good luck all the time. If you make a mistake, you will lose everything.)

2. Projects with cult culture may make you rich. The premise is to leave before the collapse

(Those with cx mode are good, depending on your gear)

3. It is foolish to lock up a certain token to get extra income. It is equivalent to putting yourself in a sinking ship.

(Don’t believe in any lock-up. Rich project owners don’t lack money unless the bull market soars)

4. Your attention and energy are precious commodities. Don’t waste your time on boring events.

(Learn more, even if it is to develop personal connections, being a bootlicker is better than being a slut)

5. Be cautious when participating in projects that over-exaggerate their project yields. There is no free lunch in the world; staking - getting returns - continuous compounding, on the surface, is seamless, but every additional return will bring additional risks.

(The bigger the beef, the faster it dies)

6. Be skeptical of any information source. Everyone should be able to think independently and understand why they are spreading this information. What is their purpose?

(Be vigilant but don’t exclude)

7. When new narratives emerge, favor market leaders. They have first-mover advantage and market share

(Buy new things for the head. No one remembers the second one.)

8. Using too many tools will drag you down. You don’t need to use more than 50 tools to help you with investment research. Using Etherscan, Debank, DeFiLlama, etc. is enough.

(Choose the one that suits you and you have the ability to write it yourself)

9. In the cryptocurrency food chain: builder > VC/insiders > whales > robots > manual traders who received the news in advance (less than 1 minute) > manual traders who received the news last (more than 1 minute). When the media is full of information about the project, it is too late to participate.

(Refer to interpretation 12)

10. Getting Alpha comes down to two things: getting inside information or doing what no one else is too lazy to do. People underestimate the importance of just following the media articles about the protocol and its discord.

(Technical and human resources)

11. History always repeats itself, but it’s just a repackaging of the same old stuff.

(Experience is necessary to package old wine in new ways)

12. Position yourself early so that money will come to you. Any time you feel FOMO it is a sign that it may be too late to enter the market.

(Look at your own resources and the capacity of your people)

13. Measure your gains and losses in percentages. This helps you stay rational.

(Profit and loss ratio)

14. Be sure to reduce your losses. Set a stop loss before investing, and don’t lose more than you lose because of sunk costs.

(You must cut your losses ruthlessly and don’t think about getting your money back)

15. Develop a habit of recording. Write down the information you see in the cryptocurrency world every day, your transactions, the mistakes you make, etc. This will improve your mental algorithm

(Remember to review what you have done every day)

16. Don’t overestimate the role of bull market in fundamentals. In a bull market, all logic is useless. People tend to buy in through hype, FOMO, etc. See the essence of this industry, not what you think it is.

(In a bull market even pigs can fly)

17. Appropriate incentives can drive prices. When people anticipate future profits, they will buy in large quantities. This can be achieved through airdrops, lock-ups to get extra income, ecosystem incentives, etc.

(The matter between Gouzhuang and dev)

18. Don’t idolize anyone. Even the smartest people like Alameda and Three Arrows Capital make mistakes. Everyone makes mistakes. Just believe in yourself.

(Stick to your heart and don’t be a brainless leek)

19. There is no right or wrong in investment. No one can achieve a 100% winning rate. The most important thing in investment is to maximize profits and minimize losses.

(Calculate the profit and loss ratio yourself)

20. Focusing on one track is an advantage. No one can know everything. Choose one or a few areas and be the best in them.

(Don’t be jealous if you try small amounts)

21. Keeping up with macro is overrated. Just monitor the capital flowing into the market and see when we come back. Your time is much better spent elsewhere.

(Monitor project token dynamics)

22. Don’t invest when you are emotionally drained, drunk, or sleep deprived. One mistake can ruin years of hard work.

(One mistake and you lose everything)

23. Stablecoins are not as stable as you think. UST failed, and USDC also had a decoupling panic. Convert part of the funds into fiat currency and deposit them in the bank.

(Know how to properly match assets)

24. If you want to maximize your investment returns, concentrate your investments.

(Don't be a local dog)

25. Build your own investment system and stick to it. A systematic investment framework can effectively prevent you from investing emotionally.

(Diversified investment projects)

26. It is unrealistic to multiply your money 100 times through trading. It is not 2016 anymore. The best way is to increase your cash flow, set goals and stick to them.

(Unless you have high technology or find a bug)

27. Everyone likes new projects and new narratives. They like to hype up new things instead of old ones.

(The cryptocurrency community should be willing to accept new things)

28. Don’t limit your studies to the crypto field. Learning game theory, behavioral economics, psychology, etc. will be of great help to your future.

(You need to know what the dog farm wants to do)

29. A good project must have both fundamental elements and rising elements. The rising trend attracts people's attention, while the fundamentals give people reasons to continue holding.

(Always pay attention to project dynamics)

30. Unknowns are fatal in the cryptocurrency world. The founders gambling with the national treasury, the anonymous founders with shady pasts are all fatal unknowns.

(Ignorance is not fearlessness. Simply understand that the money you earn by luck will definitely be lost by ignorance.)