Recently, many novice friends have reported losing a lot in the crypto space, so I want to share some honest words.

Trading has never been about guessing the size. This understanding must be ingrained in your mind first and foremost—it’s more important than anything else. The crypto market moves fast; a single day’s volatility can surpass half a year’s worth of market fluctuations outside. In such an environment, lacking reverence is the most dangerous. Many people think they can make money just by casually buying a coin, but if this mindset relaxes even a little, traps will appear.

Novices tend to make two main mistakes. The first is insufficient understanding of the market. Only by truly experiencing various ups and downs, witnessing real bear markets and madness, can one develop market intuition. The second is lacking solid technical skills. The ability to interpret trends and seize opportunities is something that requires accumulation.

Want to take fewer detours? The fastest way is to follow the right people. It doesn’t necessarily have to be someone specific, but this person must meet two conditions—ample experience and strong technical skills. The former helps you stay calm in various market conditions, while the latter helps you truly understand what the market is saying.

Don’t rush to jump in on your own. First, lay a solid foundation, and only act once you have your own judgment. In the path of trading, the longer you survive, the more you can earn.