In this round of market trends, it's hard to make money; often, it's not about your skills, but rather that the rules of the game have changed.

Beginners often lament the same phenomenon: the market is rising well, but they feel like fish on a chopping board, frequently being washed out and harvested. The more they operate, the worse their losses become, and only in the end do they realize they are actually helping others earn rebates and pay transaction fees.

What exactly is the problem? I've summarized a few points:

**Don't live in the dream of the last bull market**

In the last round, some people indeed changed their fate by relying on a one-sided trend, but this round is a completely different situation. Although there is a trend in the market, high-frequency fluctuations and repeated shakeouts run throughout. If one still hopes to soar to great heights, there is a high probability of getting stuck halfway up the mountain and repeatedly getting cut.

**The first lesson for beginners is not to make money, but to survive**

Don't be blinded by early luck; that's not called strength. What you should really do is to protect your principal—don't be fully invested, don't put all your eggs in one basket, don't use high leverage, and don't act when emotions are high. Learn to control your drawdowns, only then will you be qualified to talk about profits.

**Do not touch coins you don't understand**

The biggest pitfall in the crypto world is the blind spots in understanding. If you can't figure out the logic behind a coin's rise, who is buying in, and how the ecosystem works, the money you invest is just a waste. When your understanding is limited, sticking to mainstream coins is the safest approach.

**Don't chase hot trends**

The speed of rotation in this market is ridiculously fast. By the time you see the whole network discussing a certain sector, the main force has already been planning to retreat. A prudent strategy is to hold a base position in mainstream coins and take small positions to try out altcoins.

**To survive until the end, one must pay attention to overseas matters**

Domestic news lagging behind is the norm. The real rhythm is in Europe, America, Japan, and South Korea—policies and institutional actions happen there first. For example, the Ethereum Prague upgrade test passed, and overseas developers disclosed it on Discord immediately, causing ETH to surge right away. By the time the domestic market received the news, the first wave of the market had already ended.

This round of market competition is all about the depth of understanding, the rhythm of information, and survival ability. Only those who survive until the end can reap the benefits of the bull market.