In the Crypto Community, how can we "pass through the thousands of flowers and not stick to the leaves"?

Everyone understands the truth of "one day in the Crypto Community, ten years in the world". This may be the unique charm of the Crypto Community, but for us ordinary retail investors, if you continue to pursue the so-called high returns, what awaits you will only be high risk. The Crypto Community is too risky and there are too many hidden dangers, such as the pheasant exchange Rug pull away instantly, the project party arbitrarily manipulates prices, and offers sky-high handling fees. We can't change the environment, we can only do our part.

So the question is, how can we ordinary investors avoid risks?

First, learn as much as possible about the basic knowledge and principles of digital money. Digital Money is a Decentralization Electronic Money based on Blockchain technology, which has its own characteristics and rules, such as what Blockchain, what is the Consensus Mechanism, what is Mining, what is a Wallet, what is an exchange are the basic disks that Newbies must understand. The more you master, the more humble and cautious you become, and the drop more likely you are to be deceived.

Second, choose a formal and secure trading platform. The trading platform is an important tool for Cryptocurrency Trading, and of course, it is also an important source of risk. Therefore, when choosing a trading platform, we should pay special attention to whether the platform has a legal license and supervision, whether it has a good reputation and reputation, whether it has perfect security measures and risk control systems, and whether it has rich trading varieties and functions.

Third, Crypto Community investment is not just needed, please be sure to use idle money investment, do not engage in borrowing money investment or engaging in All in in that set. Otherwise, once there is a large Fluctuation in the market or a Black Swan Event, your funds will suffer losses or even get liquidated at any time.

Fourth, don't blindly chase up and down, and have the ability to think and judge independently. Many people are extremely unstable when making investments, and they are easily affected by market sentiment, and they want to buy immediately when they see a rise, and they want to sell in minutes when they see a fall, but the result is often counterproductive. You should know what you want, you should formulate a reasonable strategy based on your own analysis and judgment, and stick to it, do not change your plan because of temporary profits or losses, and avoid believing in some unreliable news and suggestions.