Five things newcomers to the cryptocurrency market should know👈👈👈
1: Don't use a wallet at the beginning. It is a safer choice to put the coins on a well-known exchange.
2: For new coins, it is best not to touch them because they are very volatile and difficult for newcomers to master.
3: Newcomers should avoid contract trading! This is very dangerous for newcomers and it is easy to lose money. Believe me, this is something you can't master! If you are not sure about investing in the cryptocurrency world, you can choose to buy Bitcoin and Ethereum or mainstream public chains.
4: Be mentally prepared before entering the cryptocurrency world. A 20% drop in one day is a common phenomenon. In addition to Bitcoin and Ethereum, don't invest all your funds in other single currencies, especially altcoins! They may return to zero!
5: Position allocation is important! Never "go all in", have "bullets" in your hand, so that you can respond to market changes in time.
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