A few pieces of advice for new and old investors in the cryptocurrency world! Read carefully to avoid taking detours: First piece of advice
The cryptocurrency market has already passed the period of wild explosion, and the next stage is the formal financialization phase, where capital institutions compete.
Stop dreaming about making tens or hundreds of times your investment with just one token.
Second piece of advice
Investing in primary markets can indeed yield high returns from small investments, but those who recommend you play in the primary market won't tell you that 99% of projects will end up failing.
Even if they list on some smaller exchanges, some KOLs (Key Opinion Leaders) will likely tell you to hold on while they are secretly selling off their tokens first.
Third piece of advice
Using all your capital to trade contracts with high leverage can earn you a lot of money, but it can also lead to significant losses.
I doubt anyone will tell you that the essence of trading is in rolling your positions, rather than just focusing on how much profit you made on a single trade.
Fourth piece of advice
Generally, when someone is frantically promoting a particular token, it usually means the end is near. At this point, if you already hold this token, you might consider selling. If you do not hold this token, it's best not to enter the market at this time, as there is a 90% chance you will be buying at a peak.
