To establish a foothold in this industry, it's not about who rushes fiercely, but who lasts longer.
1. Cognitive Misalignment: What you earn is 'volatility' rather than 'eternity'
Many newcomers have a misunderstanding of the crypto market, thinking it's just a cash machine. In fact, the essence here is extremely high volatility assets.
See the truth: Every penny you earn is essentially a premium on market sentiment fluctuations. When the market takes off, it's as crazy as when it falls, it's as desperate.
Survival Rule: Never try to bet today's market with tomorrow's living expenses.
Action guide: * Strictly control your position: No matter how optimistic you are about a project, never go all in.
Refuse to go all in: Going all in is a gambler's behavior, while investing is a game of probability. Leave some room; only then do you have the capital to turn things around.
2. Layer traps: Don't touch things you don't understand, not even a penny.
Beginners love to hear 'insider information' or pursue so-called 'hundredfold coins.' But in the crypto world, greed is often the beginning of losses.
Pitfall guide: Any project that sounds too good to be true, filled with jargon that leaves you confused, should be classified as a risk item.
Investment logic: Better to miss out than to invest incorrectly.
Core strategy: * Mainstream first: At the beginning, keep your eyes fixed on mainstream assets. They may not rise as dramatically, but they have the strongest consensus and the best liquidity.
Filter out noise: Mute the 'calls' in groups and the 'strong recommendations' from friends. Your money is earned through hard work, and risk control must be in your own hands.
3. Mental game: Controlling your hands is far more important than accurately identifying charts.
In the crypto world, most losses are not due to poor market conditions, but because of 'operational deformities.'
Reverse indicators: Seeing a rise makes you eager to chase (buy high), seeing a pullback scares you to exit (sell low), or opening high leverage due to momentary dissatisfaction—these are all ways of giving money to the market.
Establishing a system: True experts are those who are fighting against human nature.
Practical advice:
Stick to regular investments: Since you can't accurately predict the bottom, use time to exchange for space, and enter the market in batches.
Don't guess tops and bottoms: Go with the trend; don't think you can accurately time the top or bottom.
Emotional management: When you feel your heart racing and can't sit still, the best action is to turn off the screen and go to sleep.
In short, one day in the crypto world is like one year in the human world. There are no shortages of myths here, but even more of cannon fodder.
Maintain your mindset and respect the market; only then can you evolve from a 'novice' to a true winner.