🔥A Must-See for Newbies in the Crypto World! Summary of 4 Major Death Traps!
When first entering the market, one always fantasizes about getting rich quickly
It’s only after paying many tuition fees that one understands —
The survival rule in the crypto world is not "how much you earn"
but 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 highs and cutting losses is only one word: explosion!
✅Survival Guide: Start with spot trading, understand the rules before touching contracts!
❌Trap 2: Choosing cheap exchanges for bargains
Unbelievably low fees?
Be careful, or you won’t even be able to withdraw your principal!
✅Survival Guide: Stick to major 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 skyrocket and jumping in?
Congratulations, you’ve successfully stood on the mountaintop and caught the wind!
✅Survival Guide: Trend ≠ Opportunity
Learn to analyze independently, don’t be the last one holding the bag!
❌Trap 4: Naively believing in get-rich-quick schemes and investing in scam coins
No project, no team, no application
All relying on pump-and-dump calls are scam coins!
✅Survival Guide: Check the white paper, look at the team background
Don’t touch projects without solid fundamentals!
💡Finally, a word for newbies:
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!
Test the waters with small funds, safety first!
The crypto world is not short of opportunities, it’s the clear-headedness that’s lacking!
