Newcomers entering the coin market need to be careful to avoid some common traps to ensure the safety of their assets.

1. First, avoid investing in small currencies with low market capitalization and low popularity. Such currencies are often easy to manipulate due to low liquidity, and their prices fluctuate violently. Once the market turns cold, they may face irreparable huge losses. Investors should choose mainstream currencies with large circulation and high market recognition, which are relatively more stable and safe. Secondly, manage your expectations. Entering the coin circle, many people dream of getting huge returns in a short period of time, which is exactly what puts many people in trouble. Now that the market has more institutional investors and professionals joining, the era of super high returns is no longer there. Novice investors can protect their principal or even make a small profit, which has achieved good results.

2. In addition, fund security is crucial. Do not store funds in an anonymous wallet. If it is a large amount of funds, it is recommended to put it in a wallet with high security; on the one hand, it can avoid the possible risks of certain exchanges, and on the other hand, it can prevent small wallet service providers from running away. It is also a wise move to avoid ultra-short-term trading, because the price fluctuations in the digital currency market are extremely large, and the risks of ultra-short-term trading are equally huge.

3. Wise investors will set clear stop-loss and take-profit points, which is the basic principle of risk control. Setting the loss and profit points for exiting the market before investing, and resolutely executing them when reaching these points, can effectively avoid unnecessary losses in the bull market. More importantly, investors should not invest all their funds in the digital currency market. It is more rational to use "spare money" that they can afford to lose, and at the same time they can accumulate valuable market experience.

4. In order to improve investment skills, it is very important to continue to learn market knowledge and trading skills. Before the cognitive level fails to reach a certain height, even if it is temporarily profitable, it is likely to suffer losses due to lack of a deep understanding of the market. #加密市场反弹 #新币挖矿HMSTR #美国大选如何影响加密产业？ #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH