Don't chase the hype and sell at the bottom; learn to hold patiently. Market volatility is high; a 50% increase in a day is normal, and an 80% drop is also normal. Beginners love to buy high and sell low. It is recommended to invest regularly by buying Bitcoin or Ethereum at fixed intervals each month for long-term stability. Short-term trading? Unless you're a genius, avoid leverage and futures; those are cash cow harvesters. I've tried it—liquidated three times, it was heartbreaking.


Diversify; don't put all your eggs in one basket. Don't just buy Bitcoin; also look into DeFi, NFT, Layer2, and others. But don't be greedy—choose 3-5 reliable projects. Spread the risk; there are many black swans in the crypto world. If one project fails, you won't be wiped out entirely.
BTC-0.81%
ETH-3.15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)