Just entered the crypto world? Bro, listen to my advice: This place is deep water; let me highlight a few key points for your survival!

1. First be a novice, but don’t be a foolish novice:

Don't go all-in right away: Use money you can afford to lose, such as 10% of your spare cash. Never borrow money to trade; otherwise, you might end up on the roof.

Learn before you dive in: What is a public chain, smart contract, gas fees? Figure this out before buying; otherwise, you're just an ATM for the market makers.

Don't believe in 'get rich quick' myths: 99% of the posts online are photoshopped; those who really make money don't have time to brag.

2. Safety! Safety! Safety!

Don’t trust 'teachers' who give signals: Those shouting 'go all-in' in WeChat groups are either scammers or shills.

Choose large exchanges: Platforms like Binance and OKX have a lower risk of running away; small exchanges might just disappear with your funds.

Manage your own wallet: Don't keep large amounts of coins on exchanges! Download MetaMask or get a hardware wallet, write down the recovery phrase on paper and keep it safe, don’t take screenshots!

3. Control your hands, don't get carried away:

Altcoins = lottery: Especially those with names including 'dog', 'shit', or 'moon', they can go to zero faster than your food delivery.

Leverage contracts are a meat grinder: Newbies trading contracts is like giving away money; getting liquidated can happen in an instant.

If it drops, don’t hold on for dear life: Set a stop-loss (like selling after a 20% loss), or you might lose everything.

4. Be wary of information warfare:

Twitter and Discord are not reliable: The market makers hire bots to promote coins, and when they pump it, they cut you off.

Check on-chain data: For example, the movements of large wallets (websites like Glassnode) are more reliable than what big influencers say.

The end of a bull market is the most dangerous: When even the aunties at the vegetable market are talking about Bitcoin, it’s time to run!

5. Don’t let your mindset collapse:

Admit that you will incur losses: Who in the crypto world hasn't been cut? Paying tuition is normal, but don’t keep paying repeatedly.

Don’t FOMO (Fear of Missing Out): Don’t rush to buy heavily when you see a surge; the market makers are waiting for you to take the bait.

The last sentence: In the crypto world, only a few people make money. First, survive, then think about getting rich. Remember - the money you make is lost by someone else.$BTC $ETH $SOL