#美国非农就业数据未达市场预期 The biggest enemy of investment is often your own mind overthinking.

You see a certain coin and rush in eagerly, only to see it drop after a few days of watching the market, breaking support levels, and then you turn around and cut your losses. Not long after, the coin rebounds, and regret floods in, so you hurriedly chase in again. What’s the result? You get deeply trapped, staring at the charts every day waiting to break even, but the coin’s price keeps falling, and finally, you can’t bear the psychological pressure anymore and sell at a loss again.

Then you listen to friends praising a new coin, and in a moment of impulsiveness, you jump in again. This cycle is experienced by most people, myself included — it’s a weakness of human nature.

My stock account is also stuck in a position. I initially chose a high-leverage asset out of greed, but the fundamentals didn’t keep up, and at the worst, it dropped 70%. Now it’s rebounded a bit, but I’m still down 40%.

But I have more confidence in stocks because there’s fundamental support behind them. In the long run, they will go up. But the crypto world is much more complicated — some coins go to zero overnight, while others can multiply hundreds of times. It’s really hard to predict. The key still depends on community activity; as long as there’s a loyal group maintaining the community, the chance of a turnaround exists.

But I have to be honest — all investments carry risks. Don’t believe in any promises of zero risk; that’s unrealistic. Even if you’re optimistic about a certain coin, the most responsible approach is: first join the community, do thorough research, observe the trend, add it to your watchlist, and then decide whether to buy or not based on your judgment. Those who come to you immediately urging you to buy and only mention the upside without mentioning the risks, I think they’re not truly looking out for you.

I learned this lesson last year. A friend recommended a coin, and when I bought it, they hyped it up wildly, saying how awesome and promising it was, but only lightly mentioned the risks, and even encouraged me to buy more. Since it was a friend’s recommendation, I trusted it, but in the end, the coin went to zero. The atmosphere in the community also changed — some started saying harsh words: “Don’t think you can only make money without losing, hold on if you can, if you can’t hold, then get out. Nobody’s forcing you; if you think you can make money without doing anything, you’re just daydreaming…”

The most ironic thing was that the trust I had initially was completely gone, replaced only by accusations. So now I understand — all investment decisions must be verified and researched by yourself. Don’t blindly trust anyone’s promises.

The crypto world is the same. New projects, new coins — you can go look, learn, and research. Whether to buy or not in the end is entirely up to your own judgment.