Newbies entering the cryptocurrency world, beware of these four major pitfalls!
For beginners in the crypto space, the most common mistake is being overly eager for quick success, fantasizing about becoming rich overnight through talent, while forgetting the ironclad rule of the market: protect your capital first, then you can talk about profits!
1. No one to guide you? Test the waters with 150 - 300 units to hone your skills.
Beginners should avoid going all in right away. Use a small position of 150 - 300 units to practice, focusing on developing two key abilities:
First is execution, strictly following your plan without arbitrarily increasing positions or changing stop losses; second is emotional management, staying calm and not greedy during market fluctuations, and not impulsively chasing trades.
If you can avoid losses, you've already surpassed 70% of beginners. If you can't handle even this small position, don’t force it, take a break to review and adjust; this is much better than trading blindly.
2. Want to level up? Don't venture out alone.
Most beginners struggle on their own and ultimately can't escape the fate of liquidation. Find a reliable mentor to guide you; it can save you from many detours.
After receiving guidance, you can consider increasing your position to 800 units, but the core remains execution and emotional management.
It's not acceptable to get carried away with small profits or panic with small losses; pausing and adjusting in time is less risky than stubbornly holding on.
3. Beware! Trading is not a gamble.
Trading is not like rolling dice; it's not about luck. Once your mindset goes off track, even the best strategies can lead to devastating losses.
Too many people collapse under the pressure of a gambler's mentality, showing that self-control is more important than skills.
4. Can you maintain stability? Only then consider reasonable full positions.
Once you've solidified your execution and emotional management, you can consider increasing your position to 8000 units, which is a reasonable maximum for ordinary beginners.
Risks will significantly increase; don’t always think about getting rich overnight. While stable profits are difficult, they are closer to the truth of the market.
The market is always there, so there's no need to rush. Focus on honing your mindset and abilities first; profit is just a matter of time.
By following these four steps, beginners can gradually move from 150 units novices to stable profitability.


