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I haven't been in the cryptocurrency market for long, and I want to share some genuine thoughts, especially advice for new friends. To be honest, only a small number of people can make money in this circle, while most people's outcomes are often quite lamentable.
**The first thing is to improve your understanding; don't rush to make money.** If you don't understand how cross-chain operations or the basic logic of blockchain work, and you start chasing gains and selling in panic, you will never win in the long run. It's like playing chess—you don't even know how the pieces move, how can you possibly beat a master? Many people skip this step, and the results are predictable.
**Second, ask fewer questions about the road, and walk more.** The market is never short of opinions and analysis, but opinions are just opinions; results are the only true test of truth. No matter how good an analysis sounds, it's not as real as having stepped on a pit yourself. People who have been in the game for years are mostly still paying tuition repeatedly.
**The circle is indeed very important, but good circles are really rare.** Most group chats are just casual chatting and sharing pictures, with limited value. Truly worthwhile places should help you see the market's true nature, not create emotions or sell anxiety every day. The scarcity of such environments is higher than you think.
**You must bear the consequences of your investments.** Others' analyses can only serve as references; ultimately, you need to develop your own judgment system. With a framework, you won't be led astray by a single sentence, and you can stay clear-headed amid enthusiasm and panic. This is your core competitiveness.
**Choose the right trading method.** Spot trading, swing trading, options—all have their applicable scenarios. The key is whether you can understand them. Contract trading, before gaining experience, is best avoided—this is not to scare you but based on painful lessons. Leverage amplifies not only gains but also losses.
**Don't fantasize about 100x coins.** If you can't even grasp basic logic and keep asking if there's a 100x opportunity every day, you're not looking for opportunities but feeling like you're about to be harvested. Money has never been easier to earn; any promises of instant wealth should be approached with caution.
**Patience is hard currency.** Making detours is normal; every pitfall is a tuition fee. The key is not to pay this tuition for nothing but to truly learn from failures. Impatient people tend to die the fastest.
**Respect the rules.** Admit when you're wrong, and correct your mistakes. This is the attitude of a true expert. Why do those experts last long? Because they review, admit mistakes, and improve. And the weak only complain that the market is unfair or that the whales are too bad.
**Finally, learn while doing.** Talking on paper is always empty; real understanding comes from practice and review. You will gradually understand the logic of this market through repeated trades. This process is difficult, but it is also where its value lies.
The essence of the crypto world is not about who shouts the loudest, but about who can survive the longest. Moving a little slower and being more steady can actually get you to the finish line faster. If you also want to climb out of the trough and make money through discipline rather than gambling, stick to these principles—success in the crypto world never depends on luck but on solid rules.