1. Full margin betting: The most poisonous poison for newbies.
Case study: A newbie invested 10,000 yuan all in a certain altcoin, panicked and cut losses after a 50% drop, ultimately losing 5,000 yuan — Correct approach: Buy in 5 phases, investing 2000 yuan each time after a 10% drop to average down the cost!
2. Leveraged contracts: A scheme for getting rich overnight.
Truth: 95% of contract players eventually go bankrupt! With 20x leverage, a 5% drop in coin price means total loss (e.g., if you invest 1000 yuan with 20x leverage, a 5% drop wipes out your 1000 yuan).
Iron rule: Newbies are prohibited from using any leverage in the first 6 months; violators will suffer!
3. Chasing highs and selling lows: Being led by the nose by the big players.
Trick: The big players first pump the price (price rises 50%), retail investors follow suit, then they dump (price drops 80%), harvesting retail investors' principal.
Countermeasure technique: Use 'fixed investment method' - buy coins on a fixed day each week (e.g., buy 500 yuan of BTC every Monday) to avoid being affected by short-term fluctuations.
4. Holding positions without stop-loss: The shortcut from loss to zero.
Iron rule: Must sell if losses reach 10%! For example, if you bought coins for 1000 yuan and they drop to 900 yuan, decisively cut losses; as long as the green mountains remain, there will be no worries about firewood.
IV. Ultimate advice for beginners: 3-month entry plan.
Month 1:
❶ Spend 1000 yuan to practice, only buy USDT and BTC, and familiarize yourself with exchange operations.
❷ Spend 30 minutes daily watching 'Binance Academy' tutorials to understand basic concepts like 'wallet', 'private key', 'K-line', etc.
Month 2:
❶ Earn pocket money through 'arbitrage' and 'exchange wealth management', validating low-risk strategies.
❷ Focus on 1-2 potential altcoins (e.g., LTC, DOT), but the position should not exceed 20% of total funds.
Month 3:
❶ Try 'free airdrops' to accumulate potential coins with zero cost.
❷ Summarize the experiences of the past two months and record the reasons for the profit and loss of each trade.
Key mindset: The crypto space is a battlefield of 'cognitive monetization'. Spend the first 3 months establishing the right investment logic before discussing profits — slow is fast, steady is winning!
I am Hao Ge, with rich market experience across multiple financial fields after going through multiple bull and bear cycles. Penetrate the fog of information to discover the real market. Seize more opportunities for wealth codes, and discover truly valuable opportunities — don’t miss out and regret it!
Daily focus: OM SUI FUN BTC ETH
