A few tips for newcomers to the cryptocurrency circle to help you avoid losing tuition fees:
When you first enter the cryptocurrency circle, store your coins in a well-known exchange (such as Binance) first, and don't rush to use your wallet, which is safer.
New coins fluctuate greatly, so newcomers should be cautious and easily lose their way.
Contract trading is a minefield for novices, and it is very easy to lose money, so don't touch it! When you are uncertain, it is safer to buy BTC and ETH, and the rise and fall range is relatively controllable.
Be mentally prepared before entering the circle, and diversification of investments is the key. A 20% drop in a single day is not uncommon, so don't put all your eggs in one basket. In addition to Bitcoin and Ethereum, other currencies (especially altcoins) should be carefully stored, and the risk of zeroing is high!
Position management is crucial, don't "all in", keep "bullets", and respond flexibly to market changes.
