#密码资产动态追踪 Before entering the crypto space, these three pitfalls must be avoided

Many people, once they get into the crypto world, are filled with one idea—how to make money. But before rushing toward profits, it’s essential to understand some basic market logic.

**The first misconception: Thinking of cryptocurrencies as a never-falling, always-rising ATM**

The most common situation for beginners is, right after entering, encountering a bullish trend, and then falling into a magical thinking—thinking that any purchase can earn money. The reality is completely different. This market has clear trends, cyclical rotations, and bull-bear switches are routine. Whether you can make money largely depends on when you enter and how you manage your pace, not on luck.

**The second pitfall: Mistaking high volatility for abnormality**

Compared to traditional assets like stocks and bonds, the volatility of cryptocurrencies is a different world. Fluctuations of over ten percentage points in a day are quite normal, sometimes even more exaggerated. But this isn’t a sign that the market is "breaking down"; it’s part of the nature of these assets. If you’re not mentally prepared and can’t handle the volatility, you’re very likely to be emotionally driven by short-term rises and falls, leading to poor decisions.

**The third lesson: Acting without understanding, easiest to fall into traps**

In stories of losing money, it’s often not because the direction was wrong, but because people didn’t understand the rules and rushed in blindly. They buy on impulse without fully thinking through the logic, and then get scared by the dramatic price swings. Living longer in this market is much more valuable than making quick profits.

**A very practical piece of advice for newcomers**
Cryptocurrencies are not some magic tool for quick wealth. They are a market that requires you to spend time building a cognitive framework. When you start paying attention to trend directions, grasping participation rhythm, and valuing risk management instead of obsessing over daily price changes, your thinking level has already surpassed most beginners. Keep learning, accumulate gradually—that’s the right way to survive here.