Why do you always lose money trading crypto? Because you lack an investment system. 99% of retail investors don’t fail due to lack of talent but because they don’t have their own investment system. To put it bluntly: You’re not investing. You’re gambling on market trends. You don’t have a system. You only have emotions. This article is written for you—step-by-step guidance on how to build your own investment knowledge system and perspective. No copying KOLs, no random guessing, no waiting for signals from experts. 1/ What is an “investment knowledge system”? It’s not memorizing candlestick charts. It’s not mastering a few indicators. It’s not endlessly scrolling through crypto Twitter. It’s: Being able to use your own logic to understand market trends and make decisions using your own models. Simply put: When others panic and liquidate at the slightest market movement, you can calmly review and improve your strategy. When others rely on news to make judgments, you rely on frameworks. That’s what an investment system is. 2/ In the world of investing, there are two types of people: The first type: Buying SOL today, chasing AI tomorrow, and jumping into memecoins the day after. The second type: Having opinions, models, and execution. They don’t act until the trend arrives, and when it does, they go all in. The difference boils down to one word: system. You scroll through X (formerly Twitter) and think those crypto influencers are brilliant? In reality, they just have frameworks, understanding, and feedback systems. You, on the other hand, are just chasing trends. 3/ So how do you build a system? Four steps: 【Step 1: Imagine】—What kind of investor do you want to be? Long-term? Intraday? Arbitrage? Trend? Value? Stop being scattered and aimless. Choose a direction and dive deep into one area: Planning to hold BTC long-term? Then study macro policies and large cycles. Want to play hot narratives? Then focus on on-chain sentiment and storytelling logic. Are you a technical trader? Then master trends, volume, order books, and structures. Without focus, there’s no depth. 【Step 2: Design】—Build your investment roadmap. Here’s a three-layer structure template for an investment system: 📌 Cognitive Layer (Understanding how the market operates) Macro logic: Inflation, interest rates, risk appetite. On-chain structure: Behavior of major coins, changes in transaction fees, TVL trends. Market roles: Market makers, whales, retail investor behavior. 📌 Tool Layer (What you use to make judgments) Technical indicators: Trends, volume, divergences. Data platforms: Arkham, Lookonchain, Santiment, Dexscreener. Analysis methods: Sentiment cycles, token distribution, capital flows. 📌 Strategy Layer (How you execute) Dollar-cost averaging? Trend trading? Chasing narratives? Arbitrage? Contract copy trading? Develop your own entry logic, profit-taking and stop-loss rules, and risk management boundaries. These elements require long-term reading, practice, and review to refine. 【Step 3: Build】—Feed your cognitive system with your “second brain.” Stop relying on memory; start documenting: ✅ Every pump, ask yourself: Who’s driving it? Why? Where’s the news? What does the on-chain data show? ✅ Every dump, check on-chain: Who’s selling? Did they transfer funds in advance? Can this signal be reused? ✅ Every profit/loss, record: What signal caught your attention? Was it accurate? How can you optimize this type of judgment? This is what “learning from the market” means. Use tools like Obsidian, Notion, or Logseq to build your own card library. Each card records a concept, a review, or a reflection. Eventually, you’ll have a cognitive system that’s uniquely yours. 【Step 4: Update】—Regularly dismantle your old beliefs. The crypto space evolves too quickly. Yesterday it was AI, today it’s RWA, tomorrow it’ll be Chatbots. You can’t use the “bull market logic” of 2021 to navigate the “capital game” of 2025. Remember this: Knowledge isn’t meant to be preserved; it’s meant to be constantly broken and rebuilt. Regularly ask yourself: Is my strategy still effective? How long has it been since my model was validated? Do the assumptions behind this perspective still hold? Perspectives need to evolve; systems need to be reviewed. 4/ How do you know if you have a system? Ask yourself three questions: Can you explain the current market’s dominant logic in one sentence? Do you have a clear “entry/profit-taking/stop-loss” model? Can you review and identify patterns in your past month’s operations? Can’t answer? Then you’re trading emotions, not crypto. 5/ The ones who truly make big money are never the “well-informed” ones. They’re the ones with a reusable, upgradeable, and risk-resistant system. So: Stop staring at charts all day. Stop copying others’ trades. Starting today, build your own investment brain. 📌 Investing is an infinite game. 📌 Strategies may change, but systems will keep you at the table forever.