Chapter 1: Entering the World of Cryptocurrency — Core Concepts
What are cryptocurrencies?
Essence: Digital assets based on blockchain technology.
Core features:
Decentralized: Not controlled by a single institution (such as a government or bank).
Transparency: Transaction records are publicly available on the distributed ledger (blockchain).
Security: Rely on cryptography (encryption technology) to ensure the security of transactions and assets.
Global: Theoretically, it can be used anywhere there is an Internet connection.
Differences from traditional currency: No physical form, different issuance and management mechanisms.
Overview of Mainstream Cryptocurrencies
Bitcoin (BTC):
Status: The first and largest cryptocurrency by market capitalization, “digital gold”.
Features: Focus on value storage and peer-to-peer payment, with PoW consensus mechanism.
Current status: Still a market indicator, with a market capitalization share of approximately 40%.
Ethereum (ETH):
Status: Second largest cryptocurrency, “the world’s computer”.
Features: Supports smart contracts and serves as a foundational platform for building decentralized applications (DApps). Has completed its transition to PoS consensus.
Current situation: The main platform for DeFi, NFT, and Web3, with a market capitalization of approximately 20%.
Stablecoins (USDT, USDC, DAI, etc.):
Features: Value is anchored to fiat currency (such as the US dollar), and price fluctuations are extremely small.
Core uses: medium of exchange, hedging, and a bridge for deposits and withdrawals.
Blockchain technology foundation
What is it: A decentralized, tamper-proof distributed database (ledger).
Key Features:
Decentralization: Data is maintained by numerous nodes around the world.
Immutability: Confirmed transaction records are extremely difficult to modify or delete.
Transparency: On-chain transaction history is publicly available (addresses are usually anonymous).
Consensus mechanism: rules for network nodes to reach data consistency.
Common consensus mechanisms:
Proof of Work (PoW): Bitcoin uses a “mining” method to compete for computing power.
Proof of Stake (PoS): Adopted by Ethereum 2.0, staking tokens to participate in verification.
Delegated Proof of Stake (DPoS): More efficient, coin holders vote to select validator nodes (such as some EOS chains).
Chapter 2: Taking the First Step — Purchasing Cryptocurrency Safely
Choose a reliable exchange
Core considerations:
Security: historical records, fund storage method (ratio of hot and cold wallets), and whether there is insurance.
Compliance: Whether it holds an operating license in major markets (crucial!).
Trading volume and liquidity: Affects buying and selling speed and slippage.
Supported assets: Whether the currency you want to buy is included.
Fiat currency deposit method: Whether it supports your convenient deposit channel (bank transfer, credit card, etc.).
Handling fees: transaction fees, withdrawal fees, deposit fees, etc.
User interface: Is it user-friendly and easy to use, especially for beginners?
Mainstream exchanges for reference (please be sure to research the latest situation when choosing):
Binance: The world’s largest and most diverse ecosystem.
Coinbase: A US compliance benchmark, friendly to newbies.
Kraken: An established European exchange with a good reputation.
OKX: Strong derivatives trading and global layout.
Bybit: Started as a derivatives company and developed rapidly in the spot market.
Tip: Give priority to leading exchanges that operate in compliance with regulations in your region.
Registration and Identity Verification (KYC - Know Your Customer)
process:
Visit the official website or download the official app.
Register using your email or phone number.
Set a strong password (a combination of letters, numbers, and symbols).
Enable two-factor authentication (2FA) now: Google Authenticator / Authy are highly recommended, avoid SMS verification!
Complete identity verification: usually requires uploading a photo of your ID card/passport and facial recognition.
Security Core:
Strong password + 2FA is the cornerstone of account security!
Keep your registered email address and mobile phone number safe.
Never share your password, 2FA seed code, or verification code with anyone.
Fiat currency deposit (top-up)
Comparison of common methods:
Method Speed Fee Limit Applicable Regions Notes Bank Transfer 1-3 business days Typically Low High Most commonly used in mainstream regions globally, requires account binding Credit/Debit Card Instant High (3-5%) Medium Convenient but costly in most regions Third-Party Payment (PayPal, etc.) Instant Medium Low-Medium Specific regions Depends on the exchange Support P2P trading Instant Floating No fixed cap Trade directly with other users globally, requiring careful counterparty screening
Tip: When making your first deposit, it is recommended to test whether the channel is unobstructed with a small amount.
Buying Cryptocurrency for the First Time (Suggested Steps for Beginners)
Fiat → Stablecoin (USDT/USDC): Convert fiat to stablecoin first to reduce the risk of price fluctuations in subsequent operations.
Stablecoins → Major Coins (BTC/ETH): Buy Bitcoin or Ethereum with stablecoins, the cornerstones of the crypto world.
Explore other coins (altcoins): Once you have a basic understanding of the market, consider other cryptocurrencies with higher risks.
Purchase example (taking the exchange app as an example):
Log in to the account that has completed KYC.
Find the "Buy Coins", "Quick Buy Coins" or "Spot Trading" area.
Select the payment method (such as a linked bank card/P2P) and the currency you want to purchase (such as USDT).
Enter the purchase amount (fiat currency or stablecoin amount).
Check the information carefully (amount, receiving account, etc.).
Confirm the transaction and wait for the cryptocurrency to arrive in your account (usually in an exchange account).
Chapter 3: The cornerstone of asset security - cryptocurrency storage and management
Wallet Types and Choices (Tradeoff Between Security and Convenience)
Exchange wallet:
Advantages: The easiest operation, no need to manage private keys, suitable for trading and storing small amounts of funds.
Disadvantages: “Not Your Keys, Not Your Crypto”! Completely dependent on exchange security, there is a risk of platform closures and hacker attacks. Storing large amounts of assets for long periods of time is absolutely not recommended!
Hot wallet (software wallet - online):
Advantages: Free, convenient and fast, supports multiple currencies and DApp interactions (such as connecting to DeFi and NFT markets).
Disadvantages: Due to being connected to the internet, the risk is higher than that of cold wallets (mobile phones/computers may be infected and stolen).
Examples: MetaMask (browser plugin/mobile app, preferred for the ETH ecosystem), Trust Wallet (Binance, multi-chain), Phantom (preferred for Solana).
Suitable for: small daily use, frequent transactions, and interaction with DApps.
Cold wallet (hardware wallet - offline):
Advantages: Highest security! Private keys are generated and stored offline, physically isolated from network attacks.
Disadvantages: You need to purchase hardware equipment (about $50-$150) and the operation is relatively complicated.
Examples: Ledger (Nano S Plus/X), Trezor (Model T/One).
Suitable for: Long-term storage of large assets, the first choice for real "hoarding coins".
Core recommendations:
"Large amounts are stored cold, small amounts are used hot, and the exchange does not keep them."
Choose a suitable wallet based on the value of your assets and usage.
Lifeline: Mnemonics and Private Key Management
Key concepts:
Private Key: A long string of characters that is the only, highest-authority credential that controls your cryptocurrency. Leakage = loss of assets!
Mnemonic (Seed Phrase/Recovery Phrase): Usually 12 or 24 English words, it is the root key for generating and recovering the private key (and the entire wallet). It is as important as or even more important than the private key!
Iron rules for safe storage:
OFFLINE! OFFLINE! OFFLINE! Handwrite on durable paper (like a mnemonic board) and store in a fireproof, waterproof, secret, secure place (like a safe). NEVER:
Take screenshots or photos and store them on your phone/computer/cloud (network disk/email).
Send via any communication tool (WeChat/QQ/SMS).
Tell anyone (including so-called "customer service").
Multiple backups: Prepare 1-2 identical offline backups and store them in different safe locations to prevent single point failure (fire, flood).
Physical security: Ensure that the backup location is not easily discovered and stolen by others.
Beware of prying eyes: Make sure no one is around when recording and backing up.
Transfer Operations: Send Cryptocurrency Securely
Sending steps:
Get the exact address: Copy the full cryptocurrency receiving address from the recipient wallet.
Double-check the address: Be sure to double-check the first and last 4 characters! It’s best to use the “copy-and-paste” function to avoid manual entry errors. (Important!)
Choose the right network: This is the most common mistake! Make sure the sender and receiver are using the same blockchain network (for example, to send ETH, choose the Ethereum (ERC20) network; to send USDT, make sure it is ERC20, TRC20, BEP20 or other chains). Choosing the wrong network may result in permanent loss of assets!
Small amount test: Before transferring money to an address for the first time, or before transferring a large amount, be sure to send a very small amount as a test first. After confirming that the address and network are correct and the money has arrived, send the remaining amount.
Set the gas fee: This is the fee paid to blockchain miners and validators. This fee affects transaction confirmation speed. Exchanges typically set this automatically; self-hosted wallets can adjust it manually (low fees may cause the transaction to become stuck).
Final confirmation: Check all information (address, network, amount, handling fee) again and send it after confirming that it is correct.
Common mistakes and risks:
Address error: If you enter a wrong character, the assets will be sent to the wrong address and cannot be retrieved.
Network Error: The most common error! USDT is lost when it is sent to an unsupported chain.
Miner fees are too low: Transactions are not confirmed for a long time or even fail (stuck in the memory pool).
Phishing attack: Malware or a website tampering with the URL you copied.
Chapter 4: Basic Trading Knowledge and Survival Rules
Spot Trading Basics
Trading Pair:
BTC/USDT: Buy and sell Bitcoin using USDT.
ETH/BTC: Buy and sell Ethereum using Bitcoin.
SOL/USDC: Buy and sell Solana using USDC.
Tip: Stablecoin trading pairs (such as BTC/USDT, ETH/USDC) usually have the best liquidity and the smallest spreads.
Order Type:
Market Order: Executes immediately at the best available price in the market. Advantages: Fast execution. Disadvantages: Price slippage (actual transaction price may deviate from expected price) due to market volatility or insufficient liquidity.
Limit Order: You set a specific price at which you are willing to buy or sell. The order will only be executed if the market price reaches that price. Advantages: You control the transaction price. Disadvantages: The order may not be executed immediately or may not be executed at all.
Introduction to Technical Analysis (TA) (For reference only, beginners should use with caution)
Candlestick Chart: Displays the opening, closing, highest and lowest prices of a price within a specific time period. Common forms:
White candlestick (green/white): closing price > opening price.
Black candlestick (red/black): closing price < opening price.
Doji: Opening price ≈ closing price, indicating market hesitation.
Hammer (bottom), Hanging Man (top): potential reversal signals.
Commonly used indicators (just understand their meaning):
Moving Average (MA): Smoothes price fluctuations and shows trend direction (e.g. 50-day MA, 200-day MA).
Relative Strength Index (RSI): Measures the speed and magnitude of price changes, indicating overbought (>70) or oversold (<30).
MACD (Moving Convergence Divergence): Shows trend momentum and potential turning points.
Note to beginners: TA is a probabilistic tool, not a crystal ball. Market sentiment, news, and macroeconomic factors have a significant impact. Beginners should focus on learning the basics rather than relying on short-term TA trading.
Risk management - the first priority for survival
The main risks faced by new traders:
Extreme market volatility: Cryptocurrency prices can rise or fall dramatically in a short period of time.
Project failure/runaway: Especially for altcoins and emerging projects, the risk is extremely high.
Exchange risks: Hacker attacks, operational problems, and regulatory crackdowns leading to withdrawal difficulties or bankruptcy.
Self-management risks: operational errors (wrong address entered), loss or leakage of private keys/mnemonics, and fraud.
Core risk management strategies:
Only invest with spare cash: Never invest money that would affect your living expenses, loans, or mortgages! Be prepared for a total loss.
Position control:
The proportion of single currency investment should not be too high (for example, no more than 5%-10% of the total investment amount).
The proportion of investment in high-risk altcoins should be extremely low (for example, no more than 1%-2% of the total investment amount).
Diversification: Don’t go all-in on one currency or sector (e.g., only buying altcoins). Invest in mainstream currencies, stablecoins, etc.
Set a Stop-Loss: Set an automatic sell price in the trading platform to limit the maximum loss on a single transaction. (Highly recommended for learning)
Continuous learning and vigilance: The market changes rapidly, so keep learning and always be vigilant against new scams.
Dollar-Cost Averaging (DCA) - Suitable for most beginners
How it works: You invest a fixed amount in your chosen cryptocurrency on a regular basis (e.g. weekly, bi-weekly, monthly), regardless of the price at the time.
Advantages:
Flatten the cost: Automatically buy more when prices are low and less when prices are high, lowering your average cost over the long term.
Overcome emotionality: Avoid chasing rising prices and selling falling prices, and develop disciplined investment habits.
Simple and time-saving: No need to watch the market, saving time and effort.
Crossing the bull and bear markets: Smoothing out the impact of market cycle fluctuations from a long-term perspective (usually more than 1-3 years).
How to do it:
Choose 1-3 mainstream cryptocurrencies (e.g. BTC, ETH) that you are optimistic about in the long term.
Determine the investment cycle (such as the 1st of each month) and a fixed amount (such as 500 yuan).
Set up a regular purchase plan on the exchange (many exchanges support automatic fixed investment).
Persevere for the long term and ignore short-term fluctuations.
Chapter 5: Exploring the Frontier of Crypto (Advanced Understanding)
A First Look at DeFi (Decentralized Finance)
Core concept: Use blockchain and smart contracts to rebuild traditional financial services (lending, trading, wealth management, etc.) without the need for intermediaries such as banks.
Core components:
Decentralized Exchange (DEX): Users trade directly and assets are self-custodied (such as Uniswap, PancakeSwap).
Lending agreements: Deposit assets to earn interest, or pledge assets to lend other assets (such as Aave, Compound).
Decentralized stablecoins: algorithmically or over-collateralized (e.g. DAI, FRAX).
Yield Aggregator: Automatically optimizes user funds to obtain the highest returns across different DeFi protocols (such as Yearn Finance).
Basic steps to participate (need to use your own wallet such as MetaMask):
Prepare funds (usually ETH or other chain native currency + target token).
Connect your wallet to the DeFi application website.
Perform interactions (e.g., trade, provide liquidity, deposit).
Pay attention to authorization risks and gas fees.
Risk Warning: The technology is highly complex and carries significant risks of smart contract vulnerabilities, liquidation, and impermanent loss. Beginners should thoroughly study the technology before attempting this with a small capital.
Getting Started with NFTs (Non-Fungible Tokens)
What it is: A blockchain-based certificate of ownership of a unique digital asset. Every NFT is different.
Main applications:
Digital Artwork
Collectibles (such as PFP avatars)
In-game items
Music, Video
Domain names, tickets, identity certificates, etc. (potential areas)
Participating Markets:
Choose a platform: OpenSea (largest integrated market), Blur (trader-oriented), Magic Eden (Solana-dominated), etc.
Preparation: On-premises wallet (such as MetaMask), funds (ETH/SOL + Gas).
Research: Gain in-depth knowledge of the project’s background, team, community, roadmap, and practicality. Be wary of hype and scam projects.
Buy/Sell: Operate on the platform and pay attention to gas fee fluctuations.
Risk Warning: The market is highly volatile, liquidity may be insufficient, the project value may drop to zero, and there are many fraudulent projects (fake platforms, fake airdrops, and Rug Pulls).
Airdrops and on-chain interaction opportunities
Airdrop: The project distributes tokens to specific users for free, often used for publicity, rewarding early users or community building.
Common ways to obtain (non-guaranteed):
Use the project's testnet to participate in testing.
Provide liquidity (LP) on DEX.
Participate in project governance voting.
Complete the task chain specified by the project (such as following Twitter, joining DC, inviting friends).
Early protocol interaction users (Snapshot).
Notes:
Beware of scams! A real airdrop will never ask you to pay fees, provide private keys, or provide a seed phrase. Any request for you to transfer funds to claim an airdrop is a scam!
Airdrops typically require gas fees to claim or transfer.
The value of airdropped tokens may be zero or very high (there have been successful cases in history such as UNI and ARB).
Depending on local laws, airdrops received may need to be declared and taxed.
Chapter 6: Safety First - Identifying and Preventing Risks
Necessary safety precautions
Account Security:
Strong passwords + 2FA (Google Authenticator/Authy): Must enable for all exchange, email, and wallet accounts! SMS 2FA is disabled.
Be wary of phishing: carefully check the URL domain name, do not click on unknown links/attachments, and do not scan unknown QR codes.
Asset Security:
The principle is “large amounts are stored cold, small amounts are used hot, and the exchange does not keep them.”
Offline storage of mnemonics/private keys: Strictly adhere to the ironclad rules outlined in Chapter 3.
Check wallet authorization regularly: Use tools such as Revoke.cash or Debank to revoke authorization for DApps that are no longer in use.
Isolated environment: Use dedicated devices or browsers for encryption operations (especially large transactions and interactions with unfamiliar DApps).
Keep software updated: wallet apps, browsers, and operating systems updated promptly.
Information and Privacy Security:
Do not disclose your wallet address at will (especially those associated with large assets).
Be wary of private messages on social media, Discord/Telegram groups, and messages about “customer service,” “technical support,” and “high-yield investment opportunities.”
Be wary of information claiming to be from official sources (emails, messages) and always verify it through official channels.
Common Scams Exposed
Phishing attack: Forging official websites/apps/emails to trick users into entering account passwords, private keys, and mnemonics.
Fake exchanges/wallets: They trick people into downloading fake apps, and deposits will be stolen.
Ponzi schemes/Ponzi schemes: Promises unrealistically high fixed returns (e.g., “1% daily”), uses new users’ money to pay old users, and eventually collapse.
Fake airdrops: You are required to pay a “small gas fee” or provide your private key before you can claim the “big prize”.
Pig-killing scam: Building trust through social software to induce investment in fake platforms.
Impersonating customer service: Contacting customers claiming there is a problem with their account, requesting sensitive information, or remotely controlling their computer.
Fake KOL orders: paid promotion of junk projects, increasing sales to get fans to take over.
Coin giveaway scam: Claiming that if you transfer coins to him, he will return double (he will never return it).
Ransomware: Encrypts your files and demands payment in Bitcoin to unlock them.
NFT fraud: Forging NFT sales of well-known projects, fake auctions, and running away with the money (Rug Pull).
DeFi soil mining scam: High APY attracts users to pledge, and the project owner absconds with the funds.
Golden rules for fraud prevention:
There’s no such thing as a free lunch! Be extremely wary of claims of “high returns,” “guaranteed profits,” or “insider information.”
The official will not take the initiative to send you a private message! Especially asking for private keys, mnemonics, passwords, and verification codes.
Research first, then invest! Never invest in a project you don’t understand.
Control greed and FOMO (Fear of Missing Out).
When encountering suspicious situations, seek confirmation from multiple sources. It is better to believe it than not to believe it.
What should I do if I encounter a security incident?
Take action now:
Transfer remaining assets: If possible, immediately transfer any assets that have not been stolen to a new, secure wallet (especially a cold wallet).
Revoke all authorizations: Use tools like Revoke.cash to quickly revoke all smart contract authorizations.
Change password & reset 2FA: Change the passwords of all related accounts (exchanges, emails, wallets) and reset 2FA (generate new seed codes).
Contact the exchange: If your assets are stolen from the exchange, contact customer service immediately to freeze your account (but the possibility of recovery is extremely low).
Report: Report fraudulent accounts/links to relevant platforms and issue warnings in the community.
Prevention is better than cure: Strictly adhering to all the aforementioned security measures is the only reliable way. Once assets are transferred off the blockchain, it is almost impossible to recover them.
Chapter 7: Continuous Growth - Resources and Community
Recommended learning resources
Classic Readings:
(Bitcoin White Paper) - Satoshi Nakamoto (Must-Read Foundational Work)
(Mastering Bitcoin) - Andreas M. Antonopoulos (Technical Depth Analysis)
(Blockchain: Technology-driven Finance) - Suitable for those with a certain foundation
High-quality online platforms:
Binance Academy: Comprehensive and systematic content, covering from entry to advanced.
Coinbase Learn: Clearly structured and beginner-friendly.
Coursera/edX: Offers university-level courses on blockchain and cryptocurrency.
Messari: Professional research reports and data (partially paid).
The Block: In-depth news and research.
Information acquisition channels
News Information:
CoinDesk
Cointelegraph
Decrypt
(Follow its official Twitter for updates)
Data analysis tools:
CoinMarketCap / CoinGecko: Basic queries on market capitalization, market conditions, and project information.
Glassnode: In-depth on-chain data analysis (mainly paid).
Dune Analytics: User-created on-chain data dashboard.
Community and Forum:
Twitter (X): The fastest place to get information. Follow:
Project official account
Well-known builders and researchers in the industry (Vitalik Buterin, Adam Back, etc.)
Reliable analysts/KOLs (be careful to identify and be wary of those who shout orders)
Keyword search (#Bitcoin, #Ethereum, #DeFi, #NFT, etc.)
Reddit: r/CryptoCurrency (general), r/Bitcoin, r/Ethereum (niche communities), r/CryptoMarkets (trading).
Discord / Telegram: Home to the project's official community, get first-hand information, participate in discussions and governance. Note: There is a flood of scams in the group, so be vigilant!
Chinese communities: Babbitt, Chain Catcher, Foresight News, TechFlow (pay attention to the quality of information sources).
The right approach to community participation
Positive approach:
Learn first, then speak: Read more featured posts and FAQs to understand community rules and culture.
Ask quality questions: Try to search for answers before asking questions and describe the problem clearly.
Share real experiences and insights: Exchange learning experiences and help others answer questions within their capabilities.
Constructive discussion: Respect different viewpoints and communicate based on facts and logic.
Chapter 8: Planning Your Crypto Journey
Assessing Risk Tolerance (Soul-searching)
What proportion of principal loss can I afford without affecting my life and mood?
Will the funds I invest be used in the short term, or can they be left idle for 3-5 years or even longer?
Faced with a market crash that could cut the market in half or even to its knees, can I remain calm and not panic sell?
How much time can I devote daily/weekly to continuous learning and tracking market trends?
Set clear investment goals (SMART principle)
Specific: Be clear about what you want to invest in (e.g., BTC/ETH) and the expected outcome.
Measurable: The goal can be quantified using numbers (such as an amount or rate of return).
Achievable: Goals should be realistic, taking into account market risks and one’s own capabilities.
Relevant: The goal aligns with your financial planning and risk appetite.
Time-bound: Set a time frame for achieving your goal.
Example: "Over the next three years, by investing 1,000 yuan monthly in BTC and ETH (6:4 ratio), I will gradually build a crypto asset portfolio worth 50,000 yuan for long-term holding."
Build your asset allocation plan
Recommended configuration ideas for beginners (example, need to be adjusted according to your own situation):
Core (low risk/robust): 50%-70% - Bitcoin (BTC) + Ethereum (ETH) + stablecoins (USDC/USDT).
Satellites (Medium-High Risk/Potential): 20%-40% - Other well-researched mainstream coins and high-quality Layer 1/Layer 2 tokens.
Exploration (High Risk/Frontier): 10% or less - Small amounts of funds are used to explore DeFi income opportunities, early-stage projects, NFTs, etc. (Only for those with high risk tolerance and the energy to research)
Adjustment principles:
Adjustments driven by cognitive upgrades: As understanding of the market and projects deepens, configurations are gradually optimized.
Regular rebalancing (e.g., quarterly/semi-annual) adjusts holdings based on market performance and the original target ratio, selling stocks that have risen sharply and buying stocks that have fallen sharply to maintain risk exposure. Regular investment itself is also a form of rebalancing.
Life cycle adjustment: As you age and your risk tolerance decreases, gradually reduce the proportion of high-risk assets.
Keep records and review
Investment log records:
Basis for buy/sell decisions (on what information or analysis?)
Market sentiment and key events at the time.
Transaction price, quantity, and handling fee.
New knowledge or lessons learned.
Mistakes made and their reflection.
Review frequency and focus:
Weekly/Monthly: Briefly review whether operations are in line with plan and whether there are any emotional decisions.
Quarter/Year: Comprehensive Review:
Portfolio performance vs target vs broader market.
Risk management implementation status.
Learning, growth and gain.
Analysis of the pros and cons of major decisions.
Adjust plans and strategies for the next phase.
Conclusion: Wisdom opens the door to encryption
The cryptocurrency world is an emerging field full of disruptive innovation and enormous opportunities, but it also comes with high risks, complex technologies, and an endless stream of scams. For every newcomer entering this field, please remember:
Learning is a constant: This field is constantly evolving, and only through continuous learning can we understand the underlying logic, discern truth from falsehood, and make relatively rational decisions. Fundamental knowledge is the first line of defense against risk.
Security is paramount: Protect your private key and mnemonic phrase like your lifeline. Strictly follow safety protocols and remain vigilant at all times. One major security lapse can ruin all your efforts.
Abandon the illusion of getting rich quick: The market is rife with stories of "getting rich quick," but even more often, it's filled with lessons of losing everything. Prudent investment and long-term focus are the right path. Pursuing unrealistically high returns is often a shortcut to a trap.
Manage your emotions and stay rational: Market FOMO (fear of missing out) and FUD (fear, uncertainty, and doubt) can constantly impact you. Establish your own investment framework and discipline to avoid being swept up by market noise and emotions.
Invest within your means and respect the risks: Only invest funds you can afford to lose completely. Thoroughly understand the risks and potential maximum losses of your investment. Cryptocurrency investment should be part of your overall financial planning, not the entirety of it.
This is a marathon, not a sprint, but a test of cognition, endurance, and risk management. The ultimate winners are often those who survive and continue to evolve. May you use wisdom as your guiding light and safety as your shield to find your true meaning in this journey filled with challenges and possibilities.
