Holding 20,000 yuan in funds, hoping to achieve 10 times the value of investment in the cryptocurrency circle?

Please be sure to avoid the following three major misunderstandings!

1. Blindly chasing new coins in the primary market: These new coins are often extremely risky. Once the market does not recognize them, they are likely to quickly return to zero.

2. Over-reliance on leveraged transactions: Although leveraged contracts can magnify returns, they will also magnify risks. Once the market fluctuates, liquidation is commonplace.

3. Trusting "Chinese people's plates": Such platforms often hide high risks and even suspect fraud. Once they run away, investors will lose all their money.

If you want to achieve a 10-fold value-added steadily, it is recommended to pay attention to and invest in potential altcoins. But please note that cryptocurrency speculation is not blindly following the trend, but investing strategically and selectively. Focus on the leading currencies in each track, which often have higher profit potential and lower risks.

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