Must-Read for Beginners: Two Lifesaving Iron Rules
Rule #1: Don’t Focus Only on Other People’s Profits What’s the biggest danger for newcomers? Getting brainwashed by profit screenshots. Rushing in after seeing someone else’s gains is classic rookie behavior. The harsh truth— Beginners who make money are just lucky; losing money is where the real “skill” lies. So your top priority isn’t figuring out how to double your money, It’s understanding: What’s the maximum loss I can handle? Setting your stop-loss is more effective than any technical analysis.
Rule #2: Never Bet Your Entire Net Worth on a Single Project Even if that project looks like the next 100x coin. Going all-in? That’s gambler’s thinking. Crypto isn’t a casino, but many treat it like an ATM. Remember: Don’t put all your eggs in one basket, and never all-in on a single token. Diversification is the fundamental logic for survival.
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NewDAOdreamer
· 6h ago
The real veteran investor is someone who has experienced losses.
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CounterIndicator
· 15h ago
Stop-loss is life
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OfflineNewbie
· 12-09 16:04
All the input has been lost.
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JustHereForAirdrops
· 12-09 16:03
You only understand this after suffering a big loss.
Must-Read for Beginners: Two Lifesaving Iron Rules
Rule #1: Don’t Focus Only on Other People’s Profits
What’s the biggest danger for newcomers? Getting brainwashed by profit screenshots.
Rushing in after seeing someone else’s gains is classic rookie behavior.
The harsh truth—
Beginners who make money are just lucky; losing money is where the real “skill” lies.
So your top priority isn’t figuring out how to double your money,
It’s understanding: What’s the maximum loss I can handle?
Setting your stop-loss is more effective than any technical analysis.
Rule #2: Never Bet Your Entire Net Worth on a Single Project
Even if that project looks like the next 100x coin.
Going all-in? That’s gambler’s thinking.
Crypto isn’t a casino, but many treat it like an ATM.
Remember: Don’t put all your eggs in one basket, and never all-in on a single token.
Diversification is the fundamental logic for survival.