Are you a beginner wanting to make money in the crypto world? These 6 life-saving iron rules should be engraved in your mind first.



Just entering the market with eyes wide open, feeling itchy when seeing others' profit posts, rushing in and losing money? Don’t panic. As an old hand who has stepped on countless pits, if you don’t understand these 6 questions, don’t even think about making a profit.

First, learn to avoid losses before thinking about how to earn. Stories of getting rich overnight in crypto are all survivor bias. If your principal is a few tens of thousands, a 50% drop cuts it in half, but to break even, it needs to rise 100%. Protecting your principal is always the top priority. I’ve seen too many people multiply their money, only to lose it all in a wave of correction.

Second, don’t easily touch contracts. How many people’s first “tuition” is paid to contracts? Staring at candlestick charts makes your heart race, and one needle can wipe you out. If you really want to practice, use small positions with low leverage, survive the beginner period first. I myself blew up three times early on before I learned my lesson.

Third, accumulating leading projects is the right way. $BTC and $ETH are your core holdings. Dollar-cost averaging into these two will give you answers over time, far more reliable than chasing meme coins or air coins. Those shouting about 100x coins every day probably can’t even hold onto their own.

Fourth, information is the lifeline. Not scrolling Twitter or browsing communities is like fighting on the battlefield without a map. Follow a few reliable KOLs, learn to read on-chain data, don’t just listen to “teachers” shouting signals in groups. I spend an hour every day checking key information; it’s more useful than watching candlestick charts all day.

Fifth, position management is a lifesaver. Never go all-in at once. Divide into long-term holdings (hold without selling), mid-term positions (trade swings), and cash for buying during crashes. If you have USDT, during a crash, you become the hunter.

Sixth, taking profits is real money. Unrealized gains are just numbers; never selling is just floating clouds. Set your take-profit rules, like selling 50% after a 50% rise, and let the profits fly. I always take out a part when doubling my position; it keeps my mindset much steadier.

Finally, to be honest: there are no shortcuts in this industry. Calmly learning is more effective than asking ten “wealth secrets.”

Actually, these 6 are just the basics of survival. What I keep in my secret stash is another set of “trend reversal confirmation models” — using monthly charts to choose direction, daily charts to find buy points, hourly charts to set positions. Confirm three times before acting. This year, $ZEC rode from 420 to 520. Want to see how this model works specifically? Contact me for a chat, I’ll send it to you privately. Don’t stumble around blindly; one pit is enough to step into. #TradFiCFD黄金大师赛 #Gate现货交易量增幅全球第一
BTC-1.66%
ETH-2.50%
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