Before entering the crypto world, the most important thing is to understand yourself.

This market doesn't give out passion badges; it only pays the living.

**1. If you don't lay a solid foundation, how can you expect to make money here**

Blockchain knowledge, wallet operations, Gas mechanisms... These are all guesses and assumptions when you jump in. Being confident is one thing, but in others' eyes, you're just a "lamb waiting to be slaughtered."

Don't listen to stories about going all-in blindly; that's survivor bias. Honestly fill in your basics and clarify your logic. The more you understand here, the longer you'll survive.

**2. Find the approach that suits you**

Spot trading, futures, dollar-cost averaging, arbitrage... Every path can make money, but the question is, which path can you walk without deviation?

Impulsive traders in spot markets tend to chase highs, while those with steady mindsets might get wrecked in futures. It's not that this direction makes less money; it's that it doesn't fit you. Pick wrong, and no matter how hard you try, you'll keep cutting losses.

**3. Have a plan before entering**

Think through these questions: Why are you buying? How long do you plan to hold? At what loss line must you exit? At what profit point should you cash out?

If you don't have a plan, the market will decide for you—always forcing you to buy at highs and sell at lows.

**4. Only those who can hold on deserve to ride the big waves**

Crypto market volatility can destroy your mindset: celebrating a 40% rise, then despairing over a 30% drop. Within a day, it's like fire and ice. Even the strongest hearts will go crazy watching the charts every day.

The more you watch, the more anxious you become; the more anxious, the more reckless your actions. In the end, you might just learn a lesson. Those who truly benefit from the trend are the ones who see clearly, withstand pressure, and can control their impulses.

**5. Risk management is the iron law of trading**

The common knowledge among professionals is: risk control is not a suggestion; it's a lifeline.

Never go all-in, never risk your living expenses, and never touch borrowed money. Mainstream coins are your defense line; small caps are for testing waters. Every trade must be properly weighted. What keeps you alive in this market long-term isn't some advanced strategy, but simple risk management.

**Final words**

The essence of the crypto market is high volatility, high risk, and information asymmetry. Want to make money here? First, learn to survive. Only those who survive have the right to talk about profits; those who can't are just the market's denominator.