Before entering the crypto world, ask yourself honestly: are you really ready?

This market does not support lazy people; it only favors those who stay alert.

**First Pitfall: Going all-in without a solid foundation**

Blockchain principles, wallet operations, Gas mechanisms... if you can't understand these, do you think you can turn things around with one big gamble? Wake up. In others' eyes, you're just "liquidity" waiting to be harvested.

Don't believe in the myth of "blindly going all-in." Make sure you've done your homework, learned the logic thoroughly. The more comprehensive your understanding of the crypto space, the shorter your losing streaks will be.

**Second Pitfall: Mismatch between strategy and personality**

Spot trading, futures, dollar-cost averaging, arbitrage... the problem isn't which method makes the most money, but which one you can handle without losing your mind.

Impulsive traders tend to chase highs in spot trading, while those with patience are more prone to liquidation in futures. Honestly assess how much volatility you can withstand, then choose your target strategy accordingly. Mismatched investment strategies? The harder you try, the more you lose.

**Third Pitfall: No plan equals self-sabotage**

Before you get in, think through these questions: Why am I buying this? How long do I plan to hold? Where is the support or breakdown point? What's my take-profit level?

If you don't proactively plan, the market will decide for you—always getting caught at the high and selling at the low.

**Fourth Pitfall: Not controlling your position means missing big opportunities**

Crypto markets are volatile: a 40% rise today, then a 30% drop tomorrow—these are normal moves.

The more anxious you are watching the charts, the more bizarre the atmosphere becomes. The more tense you are, the more chaotic your trades, and the less you earn. Those who truly ride the trend rely on understanding the market, enduring the turbulence, and holding onto their chips.

**Fifth Pitfall: Risk control isn't an option; it's a lifeline**

The clearest understanding for professional traders is this: no all-in, no gambling with living expenses, stay away from borrowed funds.

Use mainstream coins as your stable base to generate cash flow, and experiment with small altcoins for testing and learning. The key to surviving long-term in this game isn't clever tactics, but strict risk management discipline.

**Final Truth**

The essence of the crypto market: high volatility, huge risks, information asymmetry. Want to make money? First, survive. Those who survive are the ones qualified to talk about profits; everyone else is just market fertilizer.