💔💔💔😭😭😭my friend had a very sad day after losing whole is portfolio on a single day on his first trade he traded in auction token💔💔

have you experienced such a lose before?

begginers here is what you need to know;

1. Educate Yourself First

Understand how blockchain and cryptocurrencies work.

Learn about key concepts like wallets, private keys, exchanges, and security.

Research different types of cryptocurrencies (Bitcoin, Ethereum, altcoins, stablecoins, etc.).

2. Only Invest What You Can Afford to Lose

Crypto is highly volatile; prices can skyrocket or crash quickly.

Never invest money you need for essential expenses.

3. Start Small

Beginners should start with a small amount while learning.

Consider investing in well-established cryptocurrencies like Bitcoin and Ethereum.

4. Choose a Secure Wallet

Use hardware wallets for long-term holdings.

For daily trading, choose reputable exchanges with strong security measures.

5. Beware of Scams and Hype

Avoid projects promising guaranteed returns.

Be cautious of pump-and-dump schemes and fake investment platforms.

6. Diversify Your Investments

Don’t put all your money in one cryptocurrency.

Consider spreading your investment across multiple assets to reduce risk.