If you are a newbie who has just entered the cryptocurrency circle and have encountered a bull market that only occurs once every few years,
Here are some suggestions.
1. Don't add leverage.
No matter how confident you are about the market, don't borrow money to invest. Because if you make a mistake once, you will lose all your principal.
2. Invest with idle money and control the principal invested.
The market cycle of encryption is very short, generally a halving cycle of 4 years, so the principal invested is at least idle money that will not be used within 4 years.
3. Try to avoid losses.
The most important thing for the first time to invest is not how much money you make, but not to lose money, or to lose as little as possible.
It can be said that it is extremely difficult to make a profit when you enter the market for the first time. The masters who can make long-term profits are all experienced veterans.
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