Avoiding the following traps means you have already surpassed 90% of newcomers: 1. All-in on a single asset: No matter how enticing a project's promotion may be, you should never invest all your funds; you should never put all your eggs in one basket; 2. Brainwashed by stories of sudden wealth: Be cautious of the narratives like 'people around you have made millions'; such stories are often tools used by promoters to attract new investors; 3. Ignoring regulatory risks: The policy differences regarding cryptocurrency in different countries are significant, so it's essential to understand the regulatory rules in your area in advance to avoid legal violations; 4. Operating on public networks: Logging into exchanges or wallets in environments like internet cafes or public WiFi can easily lead to account theft;
Avoiding the following traps means you have already surpassed 90% of newcomers: 1. All-in on a single asset: No matter how enticing a project's promotion may be, you should never invest all your funds; you should never put all your eggs in one basket; 2. Brainwashed by stories of sudden wealth: Be cautious of the narratives like 'people around you have made millions'; such stories are often tools used by promoters to attract new investors; 3. Ignoring regulatory risks: The policy differences regarding cryptocurrency in different countries are significant, so it's essential to understand the regulatory rules in your area in advance to avoid legal violations; 4. Operating on public networks: Logging into exchanges or wallets in environments like internet cafes or public WiFi can easily lead to account theft;