According to ChainCatcher, Richard Teng, CEO of Binance, gave some advice to new participants in the crypto industry on the X platform: "1. Understand: Spend time learning about blockchain, cryptocurrency and other basics. 2. Research: Explore different blockchains, protocols and projects. The key here is DYOR (Do Your Own Research). 3. Try: Start small and use a trusted platform. Keep exploring and re-evaluating your strategy."