Help! 5 Blood and Tears Lessons Every Newcomer in Crypto Must Read, Don't Be a Vegetable Again! Does anyone understand?! When I first entered the crypto world, I was deceived by posts claiming 'double your money in a week', I rushed in with excitement, and three days later I was left with nothing but my underwear! Today I’ll share the pitfalls I’ve encountered, new sisters quickly take note, don’t pay the IQ tax again!
Whoever believes in 'guaranteed profit with no loss' is a big fool! If you see 'follow me to buy and earn effortlessly', quickly block them! Is there anything absolutely safe in the crypto world? When mainstream coins drop, they can still make you cry, anyone who only talks about profits without mentioning risks is just sugar-coated scythes, it's best to run! Use spare money to play! Don’t gamble your rent and food money! I initially invested my rent money, watched the price plummet in the middle of the night, panicking to the point I couldn't sleep or eat! Now I only invest a fraction of my pocket money, price fluctuations don’t affect my life, we’re managing finances, not gambling with our lives, this must be clear! Chasing highs and cutting losses = throwing money away! I used to follow the hype when others said a certain coin was going to soar, panicked and sold when it dropped a bit, losing a few thousand in two months! Now I’ve learned my lesson, I set profit-taking and stop-loss points, and stick to them, no matter how high it goes after, my mindset is stable! Listen less to rumors! Learn real knowledge more! I used to lurk in groups, believing everything others said, only to find out it was all smoke and mirrors from the manipulators! Later, I forced myself to read white papers and learn the basics of blockchain, I may not become a big shot, but at least I can tell who is just talking nonsense! Don’t get hung up on 'selling too soon' or 'buying too high'! No one can buy at the lowest or sell at the highest! I used to regret missing out on a few points, slapping my thigh when I sold too early, self-sabotaging to the point of collapse! Now I've realized, earning within my understanding is enough, preserving my capital and mindset is the most important!
In fact, the crypto world is a mirror, reflecting your greed and panic! Newcomers, don’t be in a hurry to make money, first learn to protect yourself! Let’s gradually become stable, don’t go crazy, let’s cheer each other on~