Newbie's Survival Guide to Encryption

[Plain Language Guide] Encryption investment is full of opportunities, but for Newbies, it also hides risks and may lead to total loss. Bitcoin once plummeted by 78%, and altcoins dropped even more.

Key to Survival: Only invest funds you can afford to lose, understand the emotional impact of market fluctuations, start with Bitcoin, and use a dollar-cost averaging strategy to avoid timing risk. Be wary of market, platform, technology, and regulatory risks, stay away from leveraged trading, and ignore market noise. Properly protect your assets by using a hardware wallet and never disclose your private keys.

Newbies should start with small amounts, continue learning, maintain rationality, avoid chasing hype, with the goal of protecting principal, achieving steady appreciation, and seizing long-term opportunities in the encryption market.

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