New cryptocurrencies can destroy your capital in moments ๐Ÿšจ If you are a beginner in trading.

๐Ÿšจ Don't fall into the trap! New cryptocurrencies can destroy your capital in moments ๐Ÿšจ

If you are a beginner in trading, new cryptocurrencies may seem like a golden opportunity to make quick wealth, but the truth is that these currencies are more like high-risk gambling! Severe volatility, lack of information, and the spread of fraudulent projects make them a dangerous trap for new traders.

โš ๏ธ Why should you avoid new currencies at the beginning?

๐Ÿ”ด Violent and sudden volatility

A currency can jump by 100% in one hour, only to completely crash after minutes! This attracts speculators, but poses a huge risk to beginners who don't have strategies to manage risks.

๐Ÿ”ด Fraud and suspicious projects

Have you heard of "Rug Pull"? This happens when developers of a new currency collect investors' money and then suddenly disappear, leaving you with a worthless currency.

๐Ÿ”ด Lack of data and information

Unlike major currencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), new currencies lack a clear performance record or a reliable team, making it difficult to assess their future.

๐Ÿ”ด Weak liquidity and the risk of slippage

When buying or selling small currencies, you may face significant slippage, meaning that the price you see is not always the price you get when executing the trade.