#数字资产市场动态 Cryptocurrency trading, the five stages from beginner to expert

Honestly, this is a journey of transformation from being "severely taught by the market" to "understanding market patterns."

**Stage One: Luck-Driven Phase**

When you first start, it’s mostly about luck—
Following the crowd when they call for a rise, firmly believing in the so-called project faith.
In good market years, doubling your account is no big deal, and then you start to feel invincible, thinking you’re a natural talent.

But the problem is: money earned through guesswork will eventually have to be lost through real losses.

**Stage Two: Technical Awakening Phase**

After experiencing several liquidation events and mental breakdowns, you start to get serious—
Studying candlestick charts, reviewing fundamental data, tracking on-chain data, learning about sentiment cycles.
You begin to draw support and resistance levels, and learn to set stop-loss plans.
But here’s a critical hurdle: understanding ≠ executing steadily.

Most people get stuck here because of itchy fingers, strong desires, and fear. Seeing the right market signals but losing money when reversing positions is common.

**Stage Three: System Formation Phase**

When you truly establish your own trading system, the game changes—
Knowing what coins to buy and sell, when to wait, when to cut losses, all with clear logic.
No longer chasing the hottest projects, guessing the next market move, or following market sentiment.

From "gambling-like bets" to "probability-based strategies." At this point, making money becomes more predictable, no longer relying solely on luck.

**Stage Four: Capital Operation Phase**

At this stage, your approach is completely different—
No more short-term trading; instead, planning ahead for large-cycle opportunities;
No more full-position bets; instead, employing pyramid-style layered positions;
No more frequent operations; instead, letting time and compound interest do the work.

You might start exploring primary private placements, cross-exchange arbitrage, liquidity mining, node operation…
This is a game of capital, not retail gambling.

**Stage Five: Ecosystem Participation Phase**

Finally, you are no longer just a "coin flipper"—
You might incubate projects, participate in investments, build ecosystems, operate communities, deploy nodes…

At this stage, your earnings are not just from short-term market fluctuations, but from the incremental value generated by the industry’s growth and expansion.

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The true transformation from a market novice to a long-term winner is not based on luck, but on continuously refining your cognitive framework.

There are no shortcuts on this path, but there are methods.