Advice for newcomers to the crypto world! Avoiding pitfalls in the crypto world! Careful reading will help you avoid detours!!



1. Don't play small cryptocurrencies, most of them are Be Played for Suckers, fall directly to drop to zero, fall more than 99%, Market Cap is small, unheard of, don't play, choose mainstream cryptocurrencies.

2. Don't expect the era of tenfold or hundredfold returns in the cryptocurrency circle. Now major institutions and elites are getting on board. The big dividends are gone. It's already good if you can double your investment. Newbies who don't lose money have already beaten over 90% of people.

3. Do not keep your money in an unknown Wallet. If you have a large amount of funds, it is recommended to keep them in a Wallet, as exchanges also carry risks. Even with a small Wallet, there is a risk of Rug Pull.

4. Don't play in the super short-term crypto world, as the fall can be significant. It's common for BTC to fall by 20% in a day, and alts can slump by 50% directly. It's very difficult to control in the short term, so hold onto your coins.

5. Set a take profit target for yourself to stop loss. If it falls to a certain position, execute it resolutely and exit. If it rises to a certain position, sell it resolutely, no matter how much it rises later. Many people lose money in a bull market just because they don't know how to take profit in time.

6. Do not bring all your funds to the crypto worldcrypto world, the risk is too high, there will be risks in deposits and withdrawals, it is recommended to use your spare small funds to practice in the crypto world first. 7. Continuous learning is necessary because people cannot earn money beyond their own cognition. Even if they earn a lot at the beginning, if their understanding does not reach a certain level, they may quickly lose it and may also be heavily responsible. Continuous learning is required to improve cognition.

The crypto world is full of uncertainty and challenges, but it also contains potential opportunities. When investing in the crypto world, investors should fully understand the risks involved, stay calm and rational, and respond to market changes with a steady strategy!!!#BTC突破新高$94K,下一站会达到多少?
BTC3,75%
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CarryPotvip
· 2024-11-20 14:41
Expert, how to withdraw?
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