Suggestions for newcomers who have just entered the circle😀😀
Exchange selection:
Try to avoid small exchanges to play contracts and follow orders. Most of these small exchanges have many problems and are easy to trap people. It is recommended to give priority to Binance and OKX, and at most add gate. It is not recommended to operate other exchanges, otherwise you may get into trouble.
Contract gameplay:
For those who like to play contracts, either use a small amount of funds to satisfy their "gambling nature", or when investing large funds, be sure to strictly implement the stop-profit and stop-loss strategy. Don't act impulsively and lose your mind. If you play well, you can indeed expand your profits, but if you operate improperly, it may cause a disaster.
MEME and primary market investment:
If you are keen on participating in Meme or primary market investment, don't blindly follow the trend when you see others frequently operate, because this may encounter some unreliable projects, and ultimately lead to the investment directly returning to zero. You must first improve your level of cognition in related fields, and then consider whether to increase your position.
Newcomers:
Especially recently, the price of Bitcoin has reached a new high, and the popularity of the currency circle has risen accordingly, attracting many newcomers to join. When newcomers first enter the currency circle, they must first learn relevant knowledge, observe more, think more, and record important content. Don't be impatient, and rushing for success will often backfire.
