Golden Tips
for all newcomers in the crypto world?
Beware of !
1. Random entry
Many start buying and selling based on feelings or what others say, without a clear strategy or goals.
Solution: Learn the basics of analysis and set your goal: long-term investment or day trading?
2. Ignoring capital management
Using all your balance in a single trade = big risk.
Solution: Only invest what you can afford to lose. Divide your capital into ratios (for example: do not exceed 10% in a single trade).
3. Panic during corrections
The market is down? Sell quickly and lose!
Solution: Understand that declines are a natural part of the market. Patience is the key to success.
4. Complete reliance on recommendations
"I bought a coin because someone said it would soar!"
Solution: Rely on personal analysis, and understand the project before investing.
5. Neglecting account security
Hacked? Forgetting 2FA? Problem!
Solution: Enable two-factor authentication, and do not share your information with anyone.
Final advice:
In the crypto world, knowledge is the strongest weapon. Every minute you learn = a step towards financial freedom.
#Web3
#blockchain
