Newbie get on board the crypto world, is it easy to fall into traps? Don't worry, as someone who has been there,

Here is my summarized survival guide for newbies getting on board the crypto world.
Hope to help you pay less tuition and earn more returns!

1. Investing is always a personal matter, don't blindly trust the "experts".
In the crypto world, there are many "big shots" everywhere, but "they boast when they profit, and you bury your losses."
Any investment decision should be made by yourself after doing thorough research, don't let others decide for you.

2. Only invest spare money, never go all in.
Investing in digital currency carries extremely high risks, and it may plummet at any time.
Use spare money to play, don't touch the money needed for living, and definitely don't borrow money to trade coins!

3. Learn to distinguish between mainstream coins and altcoins.
Mainstream coins: such as BTC, ETH, with relatively low volatility and stable long-term value.
Shitcoins: Price fluctuations are severe, there is a chance to double, but it may also drop to zero overnight.
Newbie is advised to get on board with mainstream coins and proceed steadily.

4. Never touch projects that seem too good to be true.
Any project that claims to be "capital-preserving with high returns" or "guaranteed profit" is basically a scam!
Pies won't fall from the sky; the only thing that can fall are traps.

5. Learn to read candlestick charts, but don't get addicted to short-term trading.
Learn some basic technical analysis, but frequent trading is not recommended.
Fees and mistakes can make you lose money faster.
Holding quality assets for the long term is the way to go.

6. Protect your wallet's private key well.
The private key or mnemonic phrase of the wallet is the "lifeline" of your assets.
Make sure to save it offline, and never screenshot or share it with anyone!

7. Don't be led by FOMO emotions
Seeing others making a fortune, feeling restless yourself? Stay calm!
Many times, the result of chasing high prices is just standing guard.
A popular saying in the crypto world: Buy in despair, sell in euphoria.

8. If you don't understand, ask, but also filter the information.
Newbie get on board will have many things they don't understand,
You can join more crypto world group chats, but you need to learn to discern true and false information.
Especially when a stranger contacts you actively, be cautious of scams.

9. Keep learning and stay rational.
The crypto world changes rapidly, with new concepts emerging endlessly. Take time to learn about blockchain,
Knowledge of Web3, DeFi, etc., and understanding industry trends are essential to go further.

10. Manage your expectations, don't fantasize about getting rich overnight.
The crypto world indeed has some people getting rich, but more people lose money and leave. Stay grounded,
It is more important to patiently wait for opportunities than to chase short-term profits.

The crypto world is a place full of opportunities and challenges,
Taking the first step cautiously and rationally is the right way to start the journey towards financial freedom!
If you have any other questions, feel free to leave a message in the comments, and I will answer them one by one～
Wishing every newbie friend to go further in the crypto world! #WCTC S7 报名开启 #MemeBox2.0 全新上线 #加密市场反弹