Since I started in the community, I have discovered a group of young people born after 2000 who are eager to get rich overnight. In today's internet era, those born after 2000 are exposed to more and more comprehensive new things than those born in the 80s and 90s. A group of individuals born after 2000, who have a passion for blockchain and cryptocurrency, share the same dream as I do. Some stay up late repeatedly monitoring the market to find their own trading methods, while others leave this market due to their trading experiences. For example, beginners opening contracts only think about getting rich overnight by using high leverage to challenge their capital, without controlling their positions or wanting to set stop-loss and take-profit levels. Often, in just one night or even in a few minutes, they can wipe out the salary they earned from a month of hard work, frequently ending up deeply in debt right after entering society.
There are many things beginners need to pay attention to.
For instance, using small positions and low leverage, and avoiding frequent trades when the market is not volatile. By doing these two things, you can find a place for yourself on this running bus of cryptocurrency.
Recently, while chatting with friends, I discovered that many platforms allow leverage up to 200-2000 times. These unknown platforms are commonly referred to as "scam platforms", and beginners must be careful to distinguish them. The cost of these platforms might only be a few thousand yuan to set up, and many traders promoting these platforms will often share profit charts and offer tutorials, making you look at them with envy. However, what you don’t know is that your money gets trapped once you invest, and when the funds reach a certain level, the platform will abscond. Alternatively, you could face liquidation in an instant.
Joining groups for signals, and if you happen to win by luck, you will develop a dependency. Once you become dependent and lose money, you won't have any experience or logic. You can observe around you; why do experienced traders not follow signals? If they truly have the ability, they can apply for professional signal trading on Binance. During the beginner phase, everyone should avoid high leverage trading; initially, they should try to accumulate experience with a small amount of money. Through continuous exploration, they can find their own trading methods. Finally, I wish everyone profitable trades. I am your loving aunt.
