90% of newcomers lose money in their first year! 3 steps to safeguard your assets in spot trading and avoid 5 years of pitfalls!
Do you think the cryptocurrency market is a cash machine? Wrong!
Data shows: 90% of newcomers lose everything in their first year, falling victim to chasing highs and lows and misusing leverage.
💡 Remember these 3 steps to survive:
1️⃣ Only trade spot, avoid leverage
For the first 3 months, only buy BTC/ETH and cut losses immediately if you lose 5%-10% on a single trade.
2️⃣ Split assets into 3 parts
Exchange ≤10%, hot wallet 20%, cold wallet 70%, blacklist small exchanges!
3️⃣ Only trade coins you understand
Avoid scam coins! Prioritize leading projects in their sectors:
Public Chains: SOL, ADA
DeFi: UNI, AAVE
📌 Tools: Non-small H, CoinGecko
📌 Mindset: If the market is bad, go fishing; wait for the right moment to act.
Living longer is more important than making quick profits!
Follow for the next post on "Low-risk strategies for spot + contract trading"!
