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.
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.
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.