#数字货币市场洞察 Whether you're smart or not doesn't matter—the key is that the strategy for this cycle has really changed.

A lot of people are still dreaming about the last bull run. The days of getting rich quick off a single one-way move are basically over this time. Sure, there’s a trend in the current market, but it comes with huge volatility—if you’re still fantasizing about a straight shot to change your fate, get ready to be stuck halfway up the mountain.

The most common pitfall for newbies is trying to make money before learning how "not to lose." Win once by luck and you think you’re a pro, but you never protected your principal. Remember these bottom lines:

- Don’t go all-in
- Don’t bet everything on one move
- Don’t even touch high leverage
- Impulsive buying when emotions run high only accelerates your losses

Only by learning to control your loss ratio will you have a chance to earn more.

Here’s something that’s often overlooked—never touch coins you don’t understand. The biggest trap in crypto isn’t market ups and downs, it’s your own lack of knowledge. If you don’t know why a coin is pumping, what its ecosystem is, what the logic is, or even who’s buying and selling, your investment is just a mindless donation. The less you know, the more you should stick to blue chips.

Hot narratives are rotating at a crazy speed now—today everyone’s hyping AI, tomorrow it’s the SOL ecosystem, the next day RWA is the big thing, and a few days later L2 is back in vogue. By the time you see everyone talking about a sector, the big players are already out. The most stable strategy for newbies: use blue chips like ($BTC, $ETH as your core positions, and only try small amounts in promising altcoins. Unless it’s a project you know extremely well, don’t FOMO in.

One last thing that’s especially important—if you want to survive this cycle, you need a new skill: follow overseas news. This is something every newbie needs to work on.

Domestic news is usually delayed, and by the time you see it, others have already cashed out. The real pulse of crypto is overseas—whether it's policy changes, institutional moves, ETF capital flows, or regulatory winds, the US, Europe, Japan, and Korea are always the first to react. That’s why a lot of smart people end up chasing late and buying the top—they’re getting secondhand, delayed, and filtered information.