🚨 Attention! New Investors 🚨
Hello market hunters! I am once again addressing you, the new investor, welcome! The more risks you take, the greater the profit, but it is foolish to risk from ignorance. I have prepared essential advice for you to start off on the right foot and keep your capital safe while you learn.
1. Stay away from futures! The first and most important rule. Futures trading is extremely risky and can liquidate your capital in a matter of minutes. Don't be swayed by the promise of quick big profits. First, master the spot market; I understand that you want to learn, but you won't gain anything by giving away your money in a market that you don't fully understand.
2. Research before investing. Don’t buy a coin just because someone told you to. What problem does it solve? Who is behind the project? What is its market capitalization? Does it have a solid team?
(Download the "Coin Market Cap" app and learn to use it; there you will find the information you need to invest)
3. Beware of scams! Never give your private keys or personal information. Be wary of offers that sound too good to be true, airdrops that ask you to send cryptocurrencies to participate, and direct messages from people promising guaranteed profits.
4. Diversify your portfolio. Don't put all your eggs in one basket. Invest in different types of projects to reduce risk.
5. Learn to read charts. You don’t have to be an expert, but understanding the basics of technical analysis will help you make more informed decisions. Pay attention to support and resistance levels, trading volumes, and trends.
6. Follow reliable information sources. Stay updated with market news, but be selective. Don't get carried away by the "hype" of social media. Follow recognized analysts and media, or check news pages in the crypto world like: "Cointelegraph"
