#止损策略 Everyone:
- Solid Learning, Arm Yourself with Knowledge: Before entering the cryptocurrency space, make sure to learn the basics of blockchain, cryptocurrencies, exchanges, wallets, etc. Pay attention to industry news websites, join reliable discussion groups, master the latest information, and familiarize yourself with common scam types such as Ponzi schemes and pig-butchering scams to avoid pitfalls. For example, understanding the decentralized and tamper-proof characteristics of blockchain will help you better understand how cryptocurrencies operate.
- Practice Risk Management, Invest Rationally: Never invest a large sum of money all at once; entering the market in batches can reduce risk. Set reasonable profit-taking and stop-loss levels to prevent excessive losses. Also, do not concentrate all your funds in one cryptocurrency; diversify your investments into different valuable cryptocurrencies like Bitcoin and Ethereum to lower risk. For example, if you plan to invest 100,000 yuan, you could start by investing 20,000 yuan, observe the market, and then gradually invest more.