The same stories unfold in the crypto world every day—some get rich overnight, while most get wiped out. I recently encountered a vivid example.

He once went all-in with full position, and as a result, during a market shock two years ago, he was liquidated down to 0.00 USDT. He’s been reluctant to delete that screenshot ever since. Recently, he gathered the courage to try re-entering the market and asked me if there was still a chance. Looking into his eyes, I was reminded of the newbies repeatedly taught by the market.

I told him: Opportunities are always there, but you first need to understand three things.

**First, the crypto world is not a shortcut to get rich quickly; it’s a high-volatility asset class**

This is the most overlooked fundamental understanding. Essentially, your profits come from emotional cycles, not from always rising returns. The market can surge overnight or crash instantly. So, the first lesson for beginners is not how to precisely buy the dip, but how to control risk.

The most fatal mistake is going all-in. Always leave yourself an exit—refuse to put all your chips on a single judgment. Only then can you have ammunition available when real opportunities arise.

**Second, only focus on mainstream coins and stay away from projects you don’t understand**

The biggest pitfall for beginners is chasing "hundred-bagger coins."