How can ordinary people understand investing? Recently, many people have been asking this question, so I’ve organized some of my thoughts and want to discuss them together.

First, let’s talk about some easy ways to get caught in traps. For example, relying on insider information or rumors to trade cryptocurrencies or stocks sounds like an easy way to make money, but in reality, the risks are enormous.

Think about it: before a piece of information reaches your ears, it may have been passed around several times. With each transmission, the information gets distorted, and by the time you receive it, it might be completely different. Even more painful is that these kinds of messages are usually in the late stages of hype; by the time you act, you could be caught at a high point. By the time you realize it, you might have become the last bagholder.

Instead of chasing trends or rumors, it’s better to calm down and learn some real skills. Spend more time analyzing market data and understanding fundamentals, so you can build your own judgment system. Take it slow, don’t rush.