#保持SAFU has ventured into the cryptocurrency world, accumulating some practical experience to share with everyone:

- Solid learning, arming knowledge: Before entering the cryptocurrency world, you must first learn the basics of blockchain, cryptocurrencies, exchanges, wallets, etc. Pay more attention to industry news websites, join reliable discussion groups, and grasp the latest news while familiarizing yourself with common scam types like Ponzi schemes and pig butchering schemes to avoid pitfalls. For example, understanding the decentralized and immutable characteristics of blockchain will help you better understand the operational principles of cryptocurrencies.

- Implement risk management, invest rationally: Never invest a large amount of money all at once; entering in batches can reduce risks. Set reasonable profit-taking and stop-loss levels to prevent excessive losses; also, do not concentrate all your funds in one cryptocurrency; diversify investments into different valuable cryptocurrencies like Bitcoin and Ethereum to lower risks. For instance, if you plan to invest 100,000 yuan, you can start with 20,000 yuan, observe the market, and then gradually invest more.