💡 A few thoughts: about making money in the cryptocurrency industry Professor Suo explained in a few words the essence of making money in the cryptocurrency industry: 1. Knowing a lot of complex terms may not help you make a lot of money (but it can help you create impressive character designs) 2. Adapt to trends rather than opposing them. 3. Only 10% of the time in the market is an easy game, suitable for making money; The other 90% of the time is garbage time. 4. In other words, when the market is good, place heavy bets and make big money; When the market is not good, let yourself go. 5. How to determine the timing? The upstream faucet is pouring water, global financial assets are generally rising, US stocks are surging, and funds are overflowing into the cryptocurrency circle. This is a good opportunity. In other words, when street aunties knew that the cryptocurrency industry could make money (recall TRUMP coin issuance, did it have a widespread sharing on Xiaohongshu in China?) ------ Next, let me share some of my insights. After all, I have been in this industry for many years and have yet to earn my first A8, let alone an A9. So, there are no successful experiences, but there are still many bitter experiences of failure. See what pitfalls can help you avoid. one ️⃣ Don't be superstitious about Big V Newcomers entering the industry are ignorant and naive. Urgently need guidance from a big V to help oneself overcome knowledge barriers. However, it should be noted that finance is a typical zero sum game market, belonging to the category of "cutting the advanced and the backward". Superstition in big V always leads to the fate of being cut. The worst part of the last cycle was when I heard from a foreign influencer that Crypto Toadz was about to compete with BAYC and that the 100 ETH floor price was not a dream. So, buying, being trapped, tortured for a long time, and cutting out the meat. The biggest profit during this period? Airdropped a mosquito 🦟 NFT， Repay 0.3 ETH. The plan to buy BAYC around 30 ETH at that time fell through, and there was no chance for Monkey Land or APE to issue coins later. The biggest mistake of this cycle? At the stage where ETH is about to be converted to POS, a foreigner posted a "paper" demonstrating a "truth": ETH to POS conversion is equivalent to BTC halving three times. ETH is about to reach 15000. So, I have always been full of ETH until now. The price of superstitious big V is bitter and unbearable. After reflecting for a long time afterwards, I finally realized that the problem still lies with myself. Others can say various things for various reasons, but whether to listen or not, believe or not, it's all up to oneself. It is important to learn to distinguish between facts, opinions, and emotions. 💬 Viewpoint: The ETH/BTC exchange rate will rebound every time it reaches 0.05 The BTC. d indicator suggests that the berserker knockoff bull is coming soon If you don't like it, you can go short two ️⃣ Money doesn't come through the emergency door I know everyone is in a hurry to make money, and I am also in a hurry, but being in a hurry does not bring any benefits. The most likely thing is to make you lose money quickly. Especially after seeing others achieve big results and make big money, it becomes even more urgent. So, placing bets on the wrong time and target leads to faster and greater losses. If you go to Texas, you will definitely be able to empathize more: After losing money, one is eager to turn things around, and then when they get a "pretty good" card, they want to turn the tables all in, but the ending is often a dry flip. Speculation is a game of probability, and placing too much emphasis on gambling can lead to premature delisting. What is the outcome for someone who is eager to seize a second opportunity on "wife coins" after TRUMP? The SOL standard has decreased, and the stacked coin price has fallen freely from 295 to 105, resulting in a double kill. three ️⃣ A deep entrance The cryptocurrency industry does not lack opportunities and avenues to make money, but the problem is that there are too many opportunities and making money seems too easy. Airdrops can make money, arbitrage can make money, news trading can make money, bulldogs can make money, taking orders can make money, being a KOL can also make money, and they are all real big money. The messy flowers are gradually captivating to the eyes. What you see is only the seemingly ordinary result of others making money, but you don't see the accumulation behind it. For example, years of diligent work like a day to move bricks on the chain and escape like slag foam; The equation of earning billions of dollars through news trading; On chain Emperor Trump's battle to become a god 0xSun. Only by immersing oneself in the same track for a long time and practicing true kung fu can one lift heavy objects with ease. Choose a track that you are interested in and willing to delve deeper into, and with time, you will achieve great results. After all, with more and more people entering the industry and higher intelligence, all simple ways to make money have been eliminated. Without some accumulation, how can one be stronger than others? How can money get into your pocket? So, to put it simply: I know you're in a hurry, and I'm in a hurry too, but don't rush for now. Learning and accumulation are the true foundation of settling down. https://(x.com)/hellosuoha/status/1909502398562975794