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.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
6
Repost
Share
Comment
0/400
ReverseTrendSister
· 3h ago
Never play around with contracts, I've seen too many people die under leverage.
Learning from mistakes is the most expensive lesson; armchair strategies are useless.
A hundredfold coin is just a harvesting machine, don't even think about it.
A good circle is truly scarce; most groups are just emotional trash dumps.
If your understanding isn't enough, you'll start trading, and you deserve to be harvested.
Taking it slow is actually faster; this principle sounds simple but is hard to practice.
Your own judgment system is more important than listening to anyone shouting.
If you lose, admit your mistake and improve; those who last long are like this.
View OriginalReply0
MultiSigFailMaster
· 3h ago
Oh my, really, hearing the talk about 100x coins has made my ears calloused.
That's right, the most common thing in this circle is people dying quickly.
Only after stepping on the pit do you realize what tuition fees are; armchair strategizing is just nonsense.
Contracts are indeed a trap; don't play around unless you've experienced it firsthand.
Where can I find a good circle? They're all just anxiety-inducing nonsense.
Patience really works; impatient people won't last more than a year.
Honestly, review and reflection are the most important; most people just don't want to admit they're wrong.
Those still chasing gains and selling off at dips are all without a framework.
I also only learned about cognition later; I lost a lot before I understood.
Feels like this is very honest advice; beginners who don't listen to this are just waiting to get wrecked.
View OriginalReply0
GasFeeTears
· 3h ago
Well said, but most people simply can't do it.
Getting burned and paying tuition, I truly respect that.
Another reminder not to leverage, but who really listens?
This theory has no flaws; the question is, how is the execution?
Now I understand that living long is more important than making quick money.
My blood, sweat, and tears are written all over my contract history.
Only after my dream of a hundredfold coin shattered did I realize that it's better to play it safe.
Truly valuable voices in the circle are indeed rare.
Only after experiencing losses do I understand that these words are not nonsense.
No matter how many excuses, they can't change the fact of losses.
View OriginalReply0
AlwaysMissingTops
· 3h ago
Damn, this is the truth. Most people come in with more gambling than rationality.
The dream of a hundredfold coin is sweet, but we have to wake up; fundamentally, it's still about wanting to get rich overnight.
I've stepped on contract traps before; leverage really is a double-edged sword.
There are many nice-sounding analyses, but only after experiencing losses do you truly understand.
A good circle is indeed rare; most are just emotional trash dumps.
If you can't do well in discipline, no amount of mental techniques will help.
Living longer is harder than making quick money, and that's a fact.
Reviewing and analyzing is the real competitive edge; it's the part others are unwilling to do.
View OriginalReply0
rugged_again
· 3h ago
That's right, everyone who has been through the pitfalls understands this.
Spot trading is indeed much safer than futures. I once played with leverage and it almost blew up, now I look back and still feel scared.
A 100x coin is just a dream, don't believe it.
The circle is too deep, you have to explore on your own.
Losing money and accepting it is the way, everyone has to pay the tuition.
Talking about theory on paper is useless; you have to take real action.
Don't rush to get rich; living a long life is more important than anything.
This might be a bit harsh, but every word is the truth.
Rules are the lifeline; once broken, it's game over.
A good circle is really scarce; most are just emotional traders.
Reviewing past trades is crucial; failure is the best teacher.
If you don't understand basic logic, don't touch it, really.
You're so right, sticking to these is the way.
Impatient people die the fastest, and that's true.
View OriginalReply0
SchrodingerPrivateKey
· 3h ago
That's right, some newcomers still think they can get rich overnight, but end up being harvested in two months.
Never touch contracts, I've seen too many liquidations.
100x coins? Wake up, bro, that's a dream the whales give to the retail investors.
Discipline is the key; it feels like this guy is sharing a blood, sweat, and tears story.
Cognition and patience are indeed the most scarce; once you see through this, you'll live longer.
A steady spot trading strategy is really good, forget about swing trading and contracts.
Good circles are really rare; most groups are just spreading anxiety.
Reviewing past trades is more important than making money itself; most people lack this patience.
Getting your own experience from pitfalls is more valuable than hearing endless analyses; this is very insightful.
The phrase "impatience leads to quick death" hits home; the crypto world indeed outlasts everyone else.
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.