How can a novice in the cryptocurrency circle make his first pot of gold?
Here is another way to express the 10 tips for beginners:
Be cautious and take steady steps: When you first enter the field of cryptocurrency, don't rush to make money, but learn as soon as possible. If you don't even understand the risk of the exchange's collapse, the cross-chain of assets, and the basic concepts of blockchain, how can you make money?
Practice makes perfect: In the process of exploration, experience more and listen less to others. There are a variety of opinions in the field of cryptocurrency. Speculators will think that investors are stupid, and investors will be regarded as scammers. In this environment, it is difficult to tell who is credible. Therefore, it is recommended that you remain skeptical, practice more and listen less to others.
Value the community: It is crucial to interact with high-quality communities. The vast majority of social groups are just meaningless chats. Only by interacting with high-quality communities can you obtain truly valuable information.
Be self-reliant: Investing is your personal business. This means that you should rely on your own judgment and decision-making. The advice of others can only be used as a reference, and the real decision-making power lies with you. Don't be swayed by other people's opinions, because their level may not be higher than yours.
Choose a strategy that suits you: Different strategies such as contracts, short-term trading, NFT, etc. have their applicable scenarios. It is crucial to choose a strategy that suits you.
In-depth understanding: It is not easy to find a 100x coin. If you don't even know the basic concepts, blindly following the trend will only lead to failure. It is recommended that you have a deep understanding of the field of cryptocurrency before making a decision.
Patience first: In the field of cryptocurrency, patience is the basis for success. You may need to spend a long time learning, or even experience multiple failures, but these are valuable experiences.
Follow the rules: If you lose money, you must admit it, and if you are cheated, you must accept it. Instead of complaining about the unfairness of the rules, it is better to abide by and respect the rules. This is the watershed between winners and losers.
Apply what you have learned: Learning and practice are equally important. Theoretical knowledge and practical experience complement each other. Only by combining the two can we better understand and apply them.
Confidence determines destiny: As long as you have enough determination and hard work, you will always succeed.Don't care too much about what others think. What's important is to believe in your own abilities and move forward bravely.
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