To newcomers who have just entered the cryptocurrency world, I sincerely share three life-saving rules:
① Don't fantasize that the crypto world can make you rich in a short time; this is simply impossible.
Don't think that you can make a lot of money just by entering; here, money is made from the rise and fall of market emotions, not from a continuous increase in coin prices. It can surprise you when it rises, and it can also leave you in despair when it falls, completely unpredictable.
Newcomers should first think about how to stay safe:
Don’t put all your money in at once; leave some room for maneuvering and don’t invest all your money at once; risking everything is too dangerous, and don’t expect to make a comeback from just one judgment; the future is long.
② Only play with what you understand; avoid mysterious projects.
The easiest pit for newcomers to fall into is believing in “get-rich-quick coins,” “insider information coins,” and “coins recommended by group leaders.”
Remember, if you don't even understand what the project is about, then don't touch it; this is the most effective risk avoidance method. Although mainstream coins rise slowly, they are stable; those unknown coins might rise quickly but can also drop to zero instantly. For newcomers, stability is much more reliable than pursuing excitement.
③ Making money relies on the market providing opportunities; losing money is often due to your own poor operations.
Many people lose money not because the market is bad, but because they can't control their actions. Have you ever done these things:
Seeing a slight increase, you hurriedly chase in; when it drops, you panic and quickly cut losses; when emotions rise, you recklessly open high-leverage contracts.
To last in the crypto world, you need to master these three skills:
Follow the trend, don't guess tops and bottoms blindly; buy in gradually instead of investing all your money at once; stabilize your emotions, which is more effective than any technical analysis.
In the crypto world, it's not about who rushes in quickly, but who can stay stable inside.
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