2025-12-26 14:26:24

In the early days of entering the circle, many people's first mistake is impatience. Seeing opportunities here and stories there, they want to jump on every bandwagon. Actually, understanding a few basic principles can save at least half of the trial-and-error costs later on.

If you find yourself staring at the chart every day, constantly holding your phone, and being startled awake at night by a single K-line, honestly, you're probably not investing but being driven by market volatility.

Decisions made under this psychological state? Mostly wrong. The more anxious you are, the easier it is to make reckless moves. The market is never short of anxious people, and it’s always ready with a sickle.

One reality must be acknowledged: the pitfalls in the crypto world are countless. Before you get a handle on the market, don’t think about going all-in.

It’s better to use an amount you can accept losing entirely without affecting your daily expenses to experiment. Set a trading plan and stick to it—no adding more, no being driven by FOMO. View each loss as a tuition fee for trading; this is actually the most cost-effective way to grow.

After enduring several cycles and seeing through the tricks of market harvesting a few times, your mindset will naturally stabilize. At that point, you’ll realize not every opportunity is truly yours.

Another easily overlooked point: don’t just focus on the ups and downs of buying and selling.

The way to make money in this circle is far more than just chart trading. Asymmetry of information, deep understanding of the industry, and the quality of resources you hold—these are the real long-term competitive advantages.

The more time you spend and the deeper your thinking in these areas, the sooner the market will reward you with corresponding returns. It’s not instant, but it will pay off.

So don’t always think about getting rich overnight. First, master the basics, establish your footing in this market, and learn to survive in the waves.

Only those who stay until the end will have the chance to reap the real benefits later. It’s a process of choice and elimination.

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ForkPrince

· 16h ago

That's so true. When I first entered the industry, I got caught like that, watching the market obsessively like a fool. The all-in mentality is really a poverty mindset. Only after losing blood and lessons learned. Now I understand that making money isn't about a moment, but information and cognition are the true moat.

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AirdropBlackHole

· 16h ago

Exactly right, it's really just one word—hurry. When I first entered the circle, I was the same, watching the charts every day, and as a result, I lost almost everything in a month. Now I understand, mindset is the biggest enemy. This kind of wake-up article should have been written a long time ago. Beginners really shouldn't go all-in blindly; start with spare money to test the waters. The tuition paid for a few losses is actually the cheapest. Honestly, there are so many ways to make money in this circle, but most people have a narrow vision and only focus on K-line charts. Information gaps, industry knowledge, and network resources are the real things that can be monetized long-term, but unfortunately, few people think of that. The crypto world is just a big casino; only those who survive until the end can share the dividends. Not many can stay calm, most are just harvested as leeks.

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HalfBuddhaMoney

· 16h ago

That's so true. I used to be that kind of fool who couldn't put down my phone, and it took several losses to wake up. Actually, it's about controlling expectations and not letting FOMO cloud your judgment. Seeing so many people go all-in and lose everything, it's clear you should use spare money to experiment. Those who can endure several cycles are the ones who truly make money, not those who watch the charts every day. Now I understand, investing is not speculation; mindset is the top priority. I deeply agree. Information asymmetry and understanding of the industry are the long-term competitive advantages. Just watching K-line charts is useless. In this bull market, seeing so many newcomers enter, 90% of them will eventually be taught a lesson by the market.

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FlashLoanKing

· 16h ago

To be honest, the easiest mistake for beginners is greed—wanting to buy everything they see. It's really a mindset issue; staring at the charts until you can't sleep is basically a dead end. I went through this early on too, and later realized that I was just being toyed with by the market. I lost a lot before understanding that this circle is really full of traps. You still need to use money you can afford to lose for testing, set a plan, and stick to it—don't chase highs or FOMO. Deep competitive advantage isn't really in watching the charts; it's in information asymmetry and understanding the industry. Spending time on this will eventually pay off. Only those who survive until the end will make money—that's the filtering process. --- People who get scared awake every day by watching K-line charts are probably playing heartbeat rather than investing... --- Going all-in in one shot is really just asking for death. The routines in the crypto world are so predictable; newcomers still have to pay their tuition. --- I really dislike those asking me how to get rich overnight—haven't they thought about learning the basics properly? --- After going through a few cycles, you'll see clearly that most so-called opportunities are not really your cup of tea. --- Information asymmetry is the real moat, not chasing every rise and fall every day.

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ContractCollector

· 16h ago

You're right, I used to have this problem back in the day—staring at the charts every day, afraid of missing out on something, and ending up losing big. Now I understand, greed is the original sin. --- Going all-in like that is really the standard pitch for cutting leeks. Only those who survive multiple bull and bear markets understand the value of "taking it slow." --- It sounds very true, but when the market actually arrives, it's hard to resist going all in. That's the toughest part. --- Resource and information gaps are indeed more reliable than technical analysis, but unfortunately most people don't see this layer. --- I'm just asking, what is the cost of enduring a cycle? How many times do you have to lose to figure out the pattern? --- Don't just lock your vision on watching the charts; I've heard this countless times, but few can really do it. --- There are indeed many people who go all-in, and the scythe is quick, but some still win their bets. How to explain that? --- Trying with an amount you can afford to lose is the most practical approach. It all depends on who can really suppress that greed in their hands. --- When the dividends can be eaten, it’s probably another round of newbies taking over, cycle repeats. --- Only when your mindset is stable can you make money. Isn't that obvious? The key is who can truly stay steady.

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