As a newcomer to the crypto world, the biggest fear is getting scammed. As someone who turned 10,000 into 10 million, I will share some hard-core tips to avoid pitfalls. If you learn these, you can at least reduce your losses by 90%.

1. Don't touch projects that seem too good to be true

Any project that boasts about 'guaranteed profit, hundredfold returns' should be avoided. There is no free money in the crypto world; projects that can make money won’t be constantly recruiting.

2. Don't go all in; control your position

No matter how optimistic you are about a coin, don’t put all your assets into it. At most, invest 20% of your capital to test the waters, and keep the rest in reserve in case the market turns.

3. Don't chase highs; buy when the storm has calmed

Don't impulsively chase prices when they skyrocket; that's often when big players are unloading. Wait for the market to cool down and gradually position yourself during the pullback.

4. Don't trust insider information from groups

The 'insider information' shared in WeChat and QQ groups is 99% likely to be a scam to exploit you. Real opportunities have already been quietly taken by big players.

5. Don't forget to take profits; run when you earn

Take profits in batches once you have made a certain amount; don’t wait for the 'peak,' as no one can predict the absolute high. Remember, securing your profits is real profit.

6. Don't be afraid to cut losses; stop loss in time

If the market goes against you, decisively cut your losses; don’t hold on stubbornly. Big players know how to stop losses; recognizing losses is key to turning the situation around.

The crypto world is a battlefield, and very few can truly succeed. Remember, surviving is the top priority. Don't think about getting rich overnight; steady and cautious progress means that even reducing losses is a gain. Big players are not greedy; they rely on stability.

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