2026-01-04 00:22:11

Many newcomers enter the crypto world and start off by losing money. After reading many people's experiences, I want to compile some hard lessons learned.

**The harshest rule: Don't gamble with your living expenses**
Disposable funds. It must be disposable funds. Borrowing money or cashing out credit cards to trade cryptocurrencies? That's not investing, it's pure gambling. Market conditions can turn on a dime, so you must ensure that even if all that money goes to zero, your life can still go on. This isn't being conservative; it's a prerequisite for survival.

**Don't blindly follow every hot trend**
There are new coins every day, but 99% of them have nothing to do with retail investors. My approach is to focus on projects with real applications and active ecosystems. By selecting such targets and managing positions reasonably, you can hold on and sustain longer.

**Wait for the right moment to buy in stages**
A single big buy is a rookie move. Even when I like a project, I spread my entries over several times. The benefit is to average out the cost and leave room for adjustments. Markets are always volatile, and staggered entries show respect for that volatility.

**Diversify your funds to survive**
Don't go all-in on one track or one coin. Spread your funds across several projects in different directions. Even if one collapses, the overall portfolio can still withstand the blow. This is risk awareness.

**Information is valuable, but don't believe everything**
Where does truly valuable information come from? Official announcements, technical updates, macro policy trends. Develop the habit of tracking information yourself. Don't just sit in groups waiting for experts to call trades—that way, you'll never be in control.

**Don't gamble on trends**
Buying the dip recklessly during a decline, or heavily betting on breakouts during consolidation—these are common mistakes. Learn to wait until the trend is clear before acting. Compared to frequent trading, this approach often yields more stable returns.

**Futures trading is a double-edged sword; be cautious**
If you must engage in futures, keep leverage low. I've seen too many cases where high-leverage accounts are wiped out overnight—that scene is enough to last a lifetime. Remember: the key to making money is to survive longer. This is the simplest truth.

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MidnightSeller

· 01-06 08:12

Only real money and silver can make it clear that the words "idle money" carry the most weight. I've seen too many people end up in bad situations from borrowing money to trade cryptocurrencies. Hot topics are bombarding us every day, but how many are truly suitable for retail investors? It's still necessary to settle down and do your homework. Gradually entering the market is a good strategy; rushing in all at once is just giving away money. My lesson is: as long as you're alive, you can keep earning; don't mess around. Everyone who went all-in on one coin is now regretting it. The set of calling signals in the group should have been quit long ago; you need to have your own brains. Wait and see, it may seem like wasting time, but actually it's about survival. Leverage is really not something to play with; I've seen too many people wake up one day and find everything gone. To put it simply, it's four words: live longer.

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BridgeJumper

· 01-05 03:38

Another blood-soaked warning, but how many actually take it to heart... Everything said is correct, but beginners just can't listen. --- I deeply understand the point of entering in batches; the all-in approach is a thing of the past. --- The last sentence, "Living longer means earning longer," is the most heartfelt truth I've ever seen. --- Friends who are all-in on a certain coin, it's time to wake up, really. --- The high cost of information lies in the ability to discern; do you also trust the signals shouted in the group? --- The scenario of contract liquidation, you've seen it once, and I've seen it enough. --- As for idle funds, I don't know how many people use mortgage loans to trade cryptocurrencies; they deserve to be trapped.

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TeaTimeTrader

· 01-04 00:51

These are all bloody lessons, especially the one about borrowing money to trade cryptocurrencies—truly a suicidal move. People who go all-in on one coin, nine out of ten will regret it. Waiting for the trend to become clear before taking action—this I totally agree with. It’s much more reliable than frequent daily trades. Contracts are just harvesting machines; I’ve seen too many cases of total wipeouts overnight. The group of people shouting buy on the bandwagon will never make money—they’re just being harvested like chives. Gradually deploying positions has saved me several times; spreading out costs is a brilliant strategy. People who use credit cards to gamble, I really feel for them. This isn’t investing; it’s courting death. Blindly bottom-fishing is a common mistake among most people. I’ve made this mistake too, and it’s a huge loss. Living long means earning long. Simple and straightforward, but it’s truly the truth.

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GateUser-a180694b

· 01-04 00:40

Really, beginners don't listen to advice and insist on all-in on high-leverage contracts. An entire night and the account is gone. This is the deepest pit, more heartbreaking than bad coins. Dispersing risk is spot on. I previously went all-in on a certain track and directly lost everything. Waiting for the trend to become clear before entering the market sounds simple, but actually doing it is really difficult. Always trying to catch the bottom, only to buy halfway up the mountain. Investing with idle funds shouldn't even be a topic of discussion. Who uses living expenses to trade cryptocurrencies? That's just gambling. Don't trust those signal groups, they are all trying to scam you. Analyzing the data yourself is the real way to go. Gradually deploying positions can indeed save your life; it won't be a total loss with a single big move.

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GasFeeSobber

· 01-04 00:36

Honestly, where are those people who borrowed money to trade cryptocurrencies now? They're probably all gone. Splitting into multiple entries is so right; I've seen accounts wiped out after a single big move. Making money is important, but staying alive is even more important, brother. Those who chase hot coins every day, I’ve never seen anyone end up making money in the end, really. High leverage trading is just gambling; I advise you not to touch it. Wait until the trend becomes clear before taking action. It sounds simple, but how many can stick to it? Going all in on one coin is just asking for death; I have deep experience with this.

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