Many people treat the crypto world as a casino, but in fact, it is a battlefield for cognitive realization.

I used to be a novice too, chasing gains and selling losses every day, and eventually my principal shrank by half. The turning point came from an epiphany: surviving in this market is more important than making money.

Later, I developed a method that turned 50,000 yuan of capital into 1 million within two years. I call this the "Rolling Position Strategy," and I’m sharing it today in hopes of helping newcomers avoid pitfalls.

**Learn to crawl before you learn to run**

Many newbies enter the scene wanting to open contracts and play with leverage, but they often end up losing everything. Instead of rushing to make money, it’s better to first learn how to survive.

First is mindset. Don’t start by boasting about yourself, thinking you can operate advanced strategies without understanding anything. My approach is to read Bitcoin and Ethereum whitepapers as leisure reading, and memorize the characteristics of the top 20 coins by market cap. Such a solid foundation is much more practical than rushing to study DeFi programming or NFT technology.

Next is capital management. I’ve seen too many people in 2022 during the LUNA crash, using living expenses or mortgage money to enter the market, only to face massive liquidations. The correct approach is simple: only invest money you wouldn’t mind losing. For example, 5%-10% of your monthly income. This way, you can participate in the market while keeping a stable mindset.

Finally, the wisdom of choosing coins. The crypto market is like a vegetable market—some sell cabbages, others sell gold. Retail investors have limited funds, so don’t waste time on obscure coins whose names you can’t pronounce. Not only is it a waste of time, but the risks are also outrageously high.