Crypto十三东生

You know, even if you lose everything, you've still got the guts to HODL and start fresh.

Recently, I've been trading in the real market because a few days ago I topped the weekly ranking on OKX and the monthly ranking on Binance. Many newcomers want advice or operational methods, so I summarized it directly to save everyone from asking.
The most sincere advice I can give is: Stay away from contracts! Whoever drags you into trading contracts is like killing your mother!
Contracts are not for newcomers; if newcomers trade, they will undoubtedly perish and be crushed to pieces! Even if you make a lot in the early stages, you will pay it all back. Once it becomes an addiction, it’s a bottomless pit!
Men borrow online, women sell! Families break apart, homes are destroyed!
The logic is: exchanges, big players, and manipulators are watching your positions to trade!
Even if you win once by chance, you cannot win every time; you will definitely lose in the future!
This is why the people on the leaderboard need to change every once in a while because the predecessors are all dead.
Yes! They are all dead.
I have survivor bias; yesterday I lost over 2 million dollars.
After you read the above, if you still really want to enter the cryptocurrency space.
Suggestions:
1. Read and understand the works of Duan Yongping and Buffett as the foundational logic.
2. TikTok: Jiang Yufei, Sea Cucumber Brother (you can listen to some of their insights) to understand some basic business logic.
Then: understand the current cycle.
For example, now we are in the middle-late stage of a bull market, just a slight tremor away, once it shoots up, it's goodbye. Everyone is struggling to make big money; when smart money is forced into trading contracts and gets harvested, you come in and not die, then what?
Now is the learning phase.
Go through these basics and spend some time on it....
With very little capital, you can experience the so-called rwa and predict the bull market.
Only when you truly feel you can understand and profit in this market, should you enter again.
And follow these principles:
1. Do not trust everyone, including big shots, industry leaders, professors, KOLs; they are all garbage! Including myself! They might just be good at making money, riding the wave, but their character might be worse than a dog!
2. Keep learning, and independently trade, understand, and operate. Never entrust your money to anyone; if they have the ability, they would do it themselves.
3. Persist in the market, patiently waiting for that moment to invest heavily when wealth comes, and learn in advance how to preserve your wealth after getting rich.
No matter how difficult it is, and even if the future is unclear, never give up on learning!
Only understanding and logic can get you to shore; no one else can!