Advice for Beginners in the Crypto World If you are new to the crypto world, here are some important tips to help you trade wisely and avoid big mistakes: 1. Do not always invest your full money – If your capital is small (for example, under 200,000), catching one big upward trend in a year is enough. 2. Learn before risking real money – You cannot earn more than your understanding. First, practice with a demo account. You can fail many times in practice, but one mistake in real trading can cause a big loss. 3. Review your trades – After trading, check if the cryptocurrency met your expectations. Regularly review and evaluate your assets. 4. Be careful with good news – If you don’t sell on the same day of good news, sell on the next day’s high opening. Good news often hides risks. 5. Do not be greedy – Good projects can be held for the long term, but always sell at a high point. 6. Plan for holidays and events – Reduce your position or stay out a week before major holidays. Enter again two days before the holiday ends, as markets often rise afterward. 7. Exit after big red candles – If you see a large bearish candlestick on the daily chart, exit the next day unless it is at a low-volume bottom. 8. Notice volume at the bottom – If trading volume increases at the bottom, it may signal a turning point. 9. Keep cash for long-term trading – For medium or long-term, keep cash, sell when the price rises, and buy back when it falls. Rolling operations work best. 10. Focus on active coins for short-term – In short-term trading, watch trading volume and chart patterns. Trade active and volatile coins, not inactive ones. 11. Understand declines and rebounds – A slow decline leads to a slow rebound. A fast decline often leads to a fast rebound. 12. Compare market and coins – Some coins move differently from the market because strong players are involved. Coins that simply follow the market usually lack strong players. $BTC $ETH $SOL
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