#比特币对比代币化黄金 What can you do with a principal of 5,000 bucks? That’s the amount I started with back then, struggling my way through, and finally managed to gain a foothold in the crypto market. Today, I’m laying out the pitfalls I’ve encountered and the lessons I’ve learned—if it can help even one person, it’s worth it.

First, the most important thing—this business isn’t a game of luck.

How does blockchain work, how do exchanges operate, what’s the difference between major coins and altcoins—if you get into the game without understanding these basics, it’s no different from driving with your eyes closed. Whether it’s books or videos, invest the time to learn first; don’t expect money to fall from the sky.

There are so many ways to play—spot trading, futures, staking, mining… Which one is right for you? Following the crowd just makes you someone else’s stepping stone. Find the method you can handle, focus and master it—that’s better than anything.

Money made on gut feeling will eventually be lost based on real skill.

Before every move, ask yourself three questions: How much do you want to earn? What’s your entry and exit plan? What’s your backup if things go wrong? If you haven’t thought it through and you rush in, the ending is already written.

The market goes up and down every day—those short-term fluctuations are basically just noise. In a bull market, everyone looks like a genius; when the bear market hits, you find out who’s been swimming naked. If you really want to make money, time is on the side of patience.

The most crucial point—risk control.

I’ve seen plenty of people go all in on a single coin; very few are still active in the group today. Don’t put all your eggs in one basket. If you can afford to lose, then you can afford to play.

My current trading habits:

For the long term, I only touch hard currencies—BTC, ETH, those major coins are the real ballast stones. Altcoins? Just short-term plays, that’s it.

A few iron rules to share:

1. Sideways at a high level often means new highs ahead; sideways at a low level usually means more drops—if you can’t tell the direction, just wait.
2. Don’t make random trades when the market is moving sideways—most people can’t do this.
3. Buy on red candles, sell on green candles—follow the candlesticks.
4. If the drop is slow, the rebound will be weak; if the drop is sharp, the bounce will be high.
5. Add to positions pyramid-style—never all in at once.
6. Extreme ups or downs will always be followed by consolidation; don’t chase at highs, don’t go all in at lows, and after a long sideways period, once the direction is clear, get out if you have to.

These sound simple, but very few people actually stick to them. The market isn’t short of smart people; what it lacks is smart people who play by the rules.