How to make money in the crypto world? Is it luck or mindset? Instead of saying it's luck, it's better to say it's attitude. Calm investors can survive and walk out of the bear market, while impulsive people are often ruthlessly eliminated by the market.
**Tip 1: Don't Expect a Turnaround Without Solid Fundamentals**
Don't understand blockchain, wallets, Gas fees, and other related concepts? Then you're just sending yourself to the slaughter. Before investing, make sure you understand these basics; knowledge is your weapon for survival in the market. The deeper your understanding, the better your response to risks.
**Tip 2: Find a Strategy That Fits You**
The ways to play in the digital asset market are diverse—spot trading, futures, liquidity mining... The question isn't which makes the most money fastest, but which suits your risk tolerance. Blindly following trends is a recipe for disaster.
**Tip 3: No Plan Means Gambling**
Before getting in, you must think through a few questions: Why are you buying this asset? How long do you plan to hold? At what price will you sell? At what price will you cut losses? If you don't have clear answers, you're just being led by the market.
**Tip 4: Market Volatility Tests Your Mindset**
Crypto prices fluctuate rapidly, and those glued to the screen are often the most panicked. Recognize the overall trend, stick to your strategy, and don't be scared off by short-term volatility—true profits are in the hands of patient people.
**Tip 5: Risk Control Always Comes First**
This is the most overlooked and deadly rule. Never invest using your living expenses, and don't think about borrowing money to multiply your gains. With proper risk management, you won't be eliminated by the market in a bear phase. Crypto is high risk; only by surviving can you have a chance to profit.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
5
Repost
Share
Comment
0/400
MEVVictimAlliance
· 7h ago
That's right, it's all about mindset. Look at those around me who watch the market every day—one drop to the limit and they run. Serves them right for getting chopped up.
---
Risk control is crucial. Many people fall for the leverage trick, and my friend is one of them.
---
The phrase "finding a suitable way to play" really hit me. Not everyone can trade futures; self-awareness is very important.
---
Having no plan is just gambling. I strongly agree with this. People who think clearly tend to live longer.
---
You don't understand Gas fees but still dare to enter the market? Then just wait to be devoured alive.
View OriginalReply0
AirdropHunterZhang
· 7h ago
Haha, you're right, but only those who keep a low profile and make big money are truly able to survive. I used to go all-in blindly too, and ended up with a zero balance. Now I just rely on free airdrops to break even; cost performance is the key.
---
You're spot on about risk control. I've seen too many people use their living expenses to trade contracts, only to get cut so badly by the market that they lose everything. Now I stick to the electric bill strategy—much more stable.
---
This article almost says it outright: most people simply can't do it because without experiencing at least one zeroing out, it's hard to understand.
---
Plan? Ha, most people don't think that much when they enter the market. They just see others making money and go all-in, only to get cut. I've learned to be smarter now—focusing on high cost-performance projects and engaging in wool-pulling for steady gains.
---
I have the most say when it comes to fundamentals. I lost a lot early on because I didn't understand Gas fees. Now I only choose projects with long survival cycles—don't get caught in scams.
---
Patient people do make money, but between sticking to the charts and quietly making big money, I choose the latter. It's too exhausting; better to find the next freebie opportunity.
View OriginalReply0
GamefiEscapeArtist
· 7h ago
You're right, but 99% of people forget after reading and still go all-in.
---
No such thing as a good mindset; without capital, even the best mindset is useless.
---
I've really had a fall in risk control; the last time I borrowed money, I was directly socially dead.
---
The hardest part now isn't learning knowledge, but resisting watching K-line charts... it really drives you crazy.
---
People say finding a suitable way to play is overused, but the problem is, no matter how suitable the method is, it can't withstand the word "greed."
---
Only by surviving can there be a chance to make money; I only now understand what this means.
---
The longer you watch the market, the faster you lose money— is this the truth?
---
People who have no plan to enter are now cutting losses; I am that person, haha.
---
I, who have no clue about Gas fees and just entered the market, have already paid a year's tuition.
---
Choosing the wrong direction between futures and spot can cost a year's profit.
View OriginalReply0
CryptoGoldmine
· 7h ago
Risk control has indeed been the most overlooked aspect. I almost had a major setback last year because I didn't do it well.
Basic knowledge really stumps too many people. They don't even understand Gas fees but still want to make quick money.
Choosing the wrong spot trading or futures contract can result in ROI differences of up to double, depending on your computing power level.
No plan is basically gambling. Now I calculate the investment return cycle for every trade.
When volatility is high, it's easier to see reverse signals. Patience is the real tool for making money.
View OriginalReply0
BlockchainArchaeologist
· 7h ago
No matter how right you are, it's useless; most people will still dive in headfirst.
---
Good mindset? Easier said than done, everyone.
---
Risk control is really crucial; if you don't do it well, everything is lost.
---
You don't even understand Gas fees but still dare to enter the market—aren't you just asking for trouble?
---
Planning? Uh... I'm just the one being led by the market movements.
---
Patience indeed makes money, but I just can't sit still, haha.
---
Borrowing money to double your investment? Just hear it; those who actually do it usually end up badly.
---
Having enough knowledge and proper risk control, yet still losing money—that's just outrageous.
How to make money in the crypto world? Is it luck or mindset? Instead of saying it's luck, it's better to say it's attitude. Calm investors can survive and walk out of the bear market, while impulsive people are often ruthlessly eliminated by the market.
**Tip 1: Don't Expect a Turnaround Without Solid Fundamentals**
Don't understand blockchain, wallets, Gas fees, and other related concepts? Then you're just sending yourself to the slaughter. Before investing, make sure you understand these basics; knowledge is your weapon for survival in the market. The deeper your understanding, the better your response to risks.
**Tip 2: Find a Strategy That Fits You**
The ways to play in the digital asset market are diverse—spot trading, futures, liquidity mining... The question isn't which makes the most money fastest, but which suits your risk tolerance. Blindly following trends is a recipe for disaster.
**Tip 3: No Plan Means Gambling**
Before getting in, you must think through a few questions: Why are you buying this asset? How long do you plan to hold? At what price will you sell? At what price will you cut losses? If you don't have clear answers, you're just being led by the market.
**Tip 4: Market Volatility Tests Your Mindset**
Crypto prices fluctuate rapidly, and those glued to the screen are often the most panicked. Recognize the overall trend, stick to your strategy, and don't be scared off by short-term volatility—true profits are in the hands of patient people.
**Tip 5: Risk Control Always Comes First**
This is the most overlooked and deadly rule. Never invest using your living expenses, and don't think about borrowing money to multiply your gains. With proper risk management, you won't be eliminated by the market in a bear phase. Crypto is high risk; only by surviving can you have a chance to profit.