#保持SAFU has been exploring the cryptocurrency world and has accumulated some practical experience to share with everyone:

- Solid learning, arm yourself with knowledge: Before entering the cryptocurrency space, you must first learn the basics of blockchain, cryptocurrencies, exchanges, wallets, etc. Pay close attention to industry news websites, join reliable discussion groups, and keep up with the latest news. At the same time, familiarize yourself with common scam types such as Ponzi schemes and pig butchering scams to avoid falling into traps. For instance, understanding the decentralized and immutable characteristics of blockchain will help you better comprehend the operating principles of cryptocurrencies.

- Manage risks and invest rationally: Never invest a large amount of money all at once; entering the market gradually can reduce risks. Set reasonable profit-taking and stop-loss points to prevent excessive losses. Also, do not concentrate all your funds in one cryptocurrency; diversify your investments across different valuable cryptocurrencies like Bitcoin and Ethereum to lower risks. For example, if you plan to invest 100,000 yuan, you might start by investing 20,000 yuan, observe the market, and then gradually invest more.