PixiuOnTheChain
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For newbies just entering the crypto world, the key to survival is **risk control, continuous learning**, and **avoiding common pitfalls**. Here are some core suggestions:



### **1. Learn first, then invest**
- **Understand the Basics**: First, get to know the basic concepts such as Bitcoin, blockchain, exchanges (centralized/decentralized), wallets (hot wallets/cold wallets), etc.
- **Avoid blind following**: Do not impulsively enter the market because of the "get rich quick myth"; high returns in the crypto world often come with high risks.

### **2. Choose a low-risk investment method**
- **HODL (DCA into mainstream coins)**: Long-term holding of mainstream coins like Bitcoin (BTC) and Ethereum (ETH) is more stable than short-term trading.
- **Avoid high leverage contracts**: Newbies have a very high probability of liquidation when trading contracts, especially with 100x leverage, where a 1% fluctuation can lead to a total loss.
- **Participate in DeFi/Airdrops with caution**: Some projects are scams, do not easily authorize your wallet or disclose your private key.

### **3. Capital Management: Only Invest Disposable Income**
- **Don't go All-in**: The crypto world is highly volatile, avoid investing with living expenses, loans, or borrowed money.
- **Diversified Investment**: Do not bet on just one coin; allocate a reasonable proportion of BTC, ETH, and stablecoins (such as USDT).

### **4. Avoid Emotional Trading**
- **Do not chase highs or sell lows**: The market FOMO (fear of missing out) is often at a high point, while panic selling may occur at a low point.
- **Set Stop Loss**: If you are doing short-term trading, you must set a stop loss point to avoid larger losses.

### **5. Safety First: Protect Assets**
- **Use hardware wallets**: Store large assets in cold wallets (such as Ledger, Trezor), leaving only small trading funds on the exchange.
- **Backup mnemonic**: Do not screenshot or store your private key/mnemonic in the cloud; write it down by hand and keep it safe.

### **6. Long-term mindset & Continuous learning**
- **The crypto world is highly cyclical**: Bull markets can surge dramatically, while bear markets can plummet. Don't let short-term fluctuations affect your judgment.
- **Follow Policies & Industry Trends**: U.S. policies, exchange movements, and technological upgrades (such as Bitcoin halving) will all affect the market.

**Summary**: The key for newbies to survive in the crypto world is **low-risk strategies + long-term thinking**, avoiding contract all-in and blindly chasing prices, and considering higher-level plays only after gradually accumulating knowledge.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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SituWuervip
· 18h ago
Thank you, author.
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