🔥A must-read for newcomers in the crypto world! A summary of painful lessons and 4 major death traps!
When first entering the market, there's always a fantasy of striking it rich
It isn't until paying N rounds of tuition that one understands——
The survival rule in crypto isn’t about "how much you earn"
but rather how many pitfalls you can avoid!!
❌ Trap 1: Newbies trading contracts = giving away money
The temptation of high leverage is like poison
The result of chasing prices is only one word: explode!
✅ Survival Guide: Start with spot trading, understand the rules before touching contracts!
❌ Trap 2: Choosing cheap, low-quality exchanges
Ridiculously low fees?
Be careful, you might not even be able to withdraw your principal!
✅ Survival Guide: Stick to big platforms like Binance, Bitget, etc.
Download from official channels, beware of phishing sites!
❌ Trap 3: Following trends and becoming a bag holder
Seeing the price of coins skyrocket and getting excited?
Congratulations, you’ve successfully stood at the peak and caught the wind!
✅ Survival Guide: Trend ≠ Opportunity
Learn to analyze independently, don’t be the last one holding the bag!
❌ Trap 4: Being naive about getting rich quickly and investing in air coins
No project, no team, no application
If it relies solely on shouting orders to pump, it’s a scam coin!
✅ Survival Guide: Check the white paper, look at the team's background
Don’t touch projects without real strength!
💡 Finally, a piece of advice for newcomers:
Every penny you earn is a realization of your understanding
Every penny you lose is a tax on your intelligence
Don’t rush to gamble!
Start with small amounts, safety first!
The crypto world is not short of opportunities, but lacks clear-headed minds!
