What is the "most" thing you should not do in the cryptocurrency circle? You will never guess it, especially for newcomers in the cryptocurrency circle.
I see that most people mentioned not to touch contracts, not to hold orders, and not to rush into local dogs.
To be honest, I agree with these. But if you add the word "most" in front, I would say, don't go to wild chicken exchanges. (Recommend using Binance and OKX)
Yes, it is the kind that attracts you to the so-called ultra-low handling fees. In order to magnify your greed, the contract position is allowed to be up to thousands of times.
Similarly, for the safety of your account, wild chicken exchanges that do not allow withdrawals are not allowed. Haha, other things like opening contracts, holding orders, and rushing into local dogs.
Although this type of operation is accompanied by extremely high risks, it is not fatal. As long as you do a good job of position management and learn to stop profit and stop loss, it will not quickly bring you back to the original form.
Besides, although the risk is high, the return is also high. At least you have the possibility of making money. Most people are not just aiming for, what if I make money, what if I am, then I can withdraw cash to improve my life.
Although there is a high probability of loss, and it may be a huge loss. But at least you are convinced and willing to accept defeat.
You are going to a pheasant platform: from the moment you enter, you are a lamb to be slaughtered. The identity of the platform is no longer a so-called matching service, but an open market maker.
Your account will always be normal in the case of losses. Once you withdraw profits, the platform security risk control will be triggered in minutes. Then, you will face endless rights protection and exhaustion.
This is a hundred times more painful than losses, or even liquidation.
Friends who are still losing money on orders, if you don’t have a good circle and don’t have first-hand information in the currency circle, then I suggest you follow me and find me. This bull market will help you land, and you are welcome to join the team! ! !