First rule: survive first, then talk about getting rich.
What you see are 'ten times in a month' and 'all in for a comeback', but what you don't see is that more people get schooled by the market in the first round. The crypto world isn't about who makes money faster, it's about who lasts longer.
Second rule: don't rush to trade, first understand what you are buying.
Ask yourself this before buying:
What problem does it solve? How does it survive? Where does the money come from?
If you can't clarify these, just because 'everyone in the group is shouting' or 'the blogger said it's going to take off', then what you are buying is not a coin, it's an emotion.
Third rule: Never go all in.
No matter how good it looks, you must leave yourself an escape route.
The crypto world lacks opportunities, but it lacks bullets. Once you go all in, the next market trend comes and you can only watch.
Fourth rule: Don't mistake luck for strength. $
The most common mistake for newcomers: the first trade makes money → think you've understood → increase position → give it all back.
The market does not reward your intelligence; it is testing your greed.
Fifth rule: Stay away from 'teachers', 'signal providers', and 'guaranteed profits'.
Those who can truly make stable profits do not need to collect your tuition fees, nor will they urge you to get on board every day.
What he makes the most money from is often not trading, but you.
Sixth rule: The consolidation period is for acquiring chips, not for tormenting yourself.
Staring at the market every day and frequent trading will only exchange your patience for transaction fees.
A lot of money is made when you 'do nothing'.
Seventh rule: Emotions are worth more than skills.
Those who can control their hands have already won half.
Knowing when to remain in cash, when to wait, and when to concede defeat is what makes a truly mature player.
The last sentence:
The crypto world lacks myths, but it lacks ordinary people who can complete a full cycle.
You don't have to become a legend, you just need to—
Don't be eliminated in the first round.
