A Few Tips for the Crypto World!
First Tip
The cryptocurrency market has passed the wild growth phase; the next stage is a competition of capital. Don't fantasize about easily making dozens of times your investment.
Second Tip
The returns in the primary market are high, but 99% of projects will go to zero. Those recommending new investments might not tell you this truth.
Third Tip
Going all in can make you a lot of money, but it can also lead to total loss. The real essence lies in 'rolling your investments,' not just how much you earn in a single trade.
Fourth Tip
When a particular coin is being wildly promoted, it is often nearing its end. If you already own it, consider selling; if you don’t own it, it’s best not to enter the market.
Fifth Tip
Young people should prioritize their studies, self-improvement, and stable income, with cryptocurrency trading as a secondary concern. Trading is a long-term battle, and stable off-market income can help you go further.
Sixth Tip
"Wealth does not enter a house without virtue, and money does not enter through urgent doors." Don’t get too pleased when making money, and don’t blame yourself when losing. Summarize the successes and failures of each trade; emotional reactions are the enemy of trading.
Seventh Tip
If someone tells you that a certain coin can make you a lot of money, be wary of their intention to make you a bag holder.
Eighth Tip
Don’t blindly trust those who share profit screenshots; they only show a part of their profits, and much may actually be losses.
Ninth Tip
99% of people trading contracts will ultimately go to zero. Desire is endless; if you lose control once, the profits you made and your principal will disappear.
Tenth Tip
Follow bloggers who share experiences and stay away from those promoting profits; what you can learn is much more valuable.
Eleventh Tip
To be successful in trading, you must have your own insights; don't blindly follow trends. Establish your own trading theories; others' experiences can only serve as references.
Twelfth Tip
Interact more with 'veterans' in the crypto world; learn from their losses to avoid making the same mistakes—perhaps you can make money by doing the opposite.
