Becoming an excellent cryptocurrency trader is far more complex than simply buying low and selling high. This is a serious' profession 'that requires skills, psychology, discipline, and continuous learning. You can consider it as a training manual for transitioning from a novice to a professional. Phase 1: Building Foundation - Cognitive and Psychological Preparation This is the most important stage that determines whether you can survive in market fluctuations. 1. Zero mentality and reverence for the market: Recognize that this is not a casino: Don't have a gambling mentality of "getting rich overnight" or "turning over profits". Successful trading is a long-term probability game. Accepting losses is a cost: any trading strategy has loss orders. Your goal is to make the average profit of profitable trades greater than the average loss of unprofitable trades. Take responsibility for your own funds: No one can be responsible for the profit or loss of your account. Independent decision-making and independent responsibility. 2. Funds and risk preparation: Only use spare money for transactions: never use money that affects your life (such as living expenses, tuition fees, down payment for buying a house) or loans to trade. Define your 'venture capital': Assuming all of this money is lost, your life will not be affected. This is your trading capital. Starting from the simulated trading session: It is strongly recommended to use the simulated trading function of the exchange and practice for at least 1-3 months without losing real gold or silver.