To make a fortune in the crypto market, you must first understand the rules of the game. Many newcomers are full of enthusiasm but are caught off guard by wave after wave of market movements. Instead of regretting later, it's better to do your homework in advance and engrain these "survival rules" in your mind.

First and foremost, recognize that the crypto world never closes. 24/7 trading means opportunities are everywhere, but so are risks. A sudden piece of good or bad news in the middle of the night can cause assets to collapse. For novice traders, my advice is simple—don't try to catch every fluctuation. Develop a trading plan, and when the time comes, put down your phone and rest. Making decisions while tired often marks the beginning of account shrinkage.

Next, let's talk about leverage. It’s like a double-edged sword—it can quickly amplify profits but can also instantly wipe out your principal. The appeal of contract trading lies in this, but it’s also its greatest danger. Those who haven't experienced several complete cycles or lack solid risk awareness are playing with leverage like trying to test their courage on a cliff—liquidation is not a matter of if, but when. A prudent approach is to first familiarize yourself with the market rhythm through spot trading, and only after gaining enough experience should you consider contracts.

Don’t underestimate seemingly insignificant fees. Different platforms have varying transaction rates, and Gas fees during transfers are constantly changing. Frequent operations can eat away at your profits like termites. Always calculate your costs before each trade; this habit will save you many detours.

The convenience of T+0 trading is also a double-edged sword. Being able to buy and sell anytime is indeed satisfying, but it can also trigger gambler’s psychology. Many people feel uneasy if they don’t trade for a day. What’s the result? They earn a little profit but lose big due to a wrong decision. Resisting trading impulses and learning to stay put is the first step toward becoming a mature trader.

Crypto prices fluctuate wildly—doubling or halving within a day is common. This is not alarmist but a true reflection of the market. Therefore, always invest only with idle funds—money that, even if lost entirely, won’t affect your normal life. This is the last safety net and the most important bottom line.

Finally, I want to say that paying attention to news, learning technical skills, making plans, and managing risks are all indispensable. But most importantly, you need to have a calm mind and a full respect for risk.