In the cryptocurrency world, longevity doesn't rely on technology, but on mindset.
First, respect the market.
Don't mistake luck for skill, don't gamble with your living expenses. Avoid what you don't understand, and don't speculate on markets you don't comprehend.
Second, control your emotions.
FOMO is the biggest trap, fear is the biggest killer. Don't chase after rapid rises, don't cut losses during rapid falls, staying calm is more important than anything.
Third, adhere to discipline.
Write down your stop-loss and take-profit in advance, never go all in. Replace impulse with rules, and you can outperform 90% of people.
Fourth, think independently.
Listen less to calls in the group, trust insider information less. Do your own research, make your own judgments, take responsibility for yourself.
Fifth, accept losses.